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Britannia violated listing norms in not reporting Ness Wadia’s arrest: InGovern

by AIP Online Bureau | May 6, 2019 | Indian News, Risk Management

  New Delhi: Proxy advisory and corporate governance firm InGovern Monday alleged that Britannia Industries violated listing regulations in not reporting arrest of its promoter and director Ness Wadia, while demanding his resignation.  InGovern founder...

Mastercard commits Rs 7,000 crore investment in India in next 5 years 

by AIP Online Bureau | May 6, 2019 | Eco/Invest/Demography, Indian News, Technology

  NEW DELHI: Global card payments major Mastercard Monday said it will invest USD 1 billion (about Rs 7,000 crore) in India in the next five years and plans to make the country a global technology node for its platforms.    The company has already...

India’s e-car plan has just one potentially flaw

by AIP Online Bureau | May 6, 2019 | Eco/Invest/Demography, Indian News, Risk Management, Technology

New Delhi: Dirty air has finally become an issue in Indian election manifestos, along with perennial subjects such as temple-building and farmers’ incomes. That shouldn’t be a surprise: Even politicians can’t escape air pollution, which has reduced...

ITRs fell in 2018-19 due to inclusion of past AY’s return filings: I-T dept

by AIP Online Bureau | May 6, 2019 | Eco/Invest/Demography, Indian News

New Delhi: The Income Tax Department Monday sought to justify a sharp 6.6 lakh drop in the number of I-T returns filed online during 2018-19 saying the number shown on its e-filing website for the financial year included returns of previous fiscal years.   While...

Cyclone Fani: PM grants Rs 1,000 cr more for relief work; hails CM Patnaik

by AIP Online Bureau | May 6, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  Bhubaneswar: Prime Minister Narendra Modi on Monday conducted an aerial survey to take stock of the loss and destruction in areas affected by Cyclone Fani in Odisha and announced Rs 1,000 crore more to the state government for conducting relief and restoration...
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