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What Are The Consequences Of Filing Late Income Tax Returns?

There is a penalty levied by the Income Tax Department of India on the individuals and taxpayers who file their income tax returns late.........

Jet Airways Suspends Services to 13 International Routes Till April 30

The cash-strapped Jet Airways suspended operations for at least 13 international routes till April 30. At least 54 planes have been grounded as of now due to the non-payment of rentals. The airline has also suspended services on the Bangalore-Singapore route........

Karnataka Suspends License of Ola Cabs For Six Months

The Karnataka government’s transport department has suspended the license of Ola Cabs in the state for a period of six months. The ban was imposed after the cab aggregator allegedly violated the government rules by running bike taxis.........

What Are the Tips For Managing Working Capital For A Service Business?

It would not be wrong to call working capital the lifeblood of the service business. Managing working capital properly is very essential for a service business in India as otherwise, it can affect the business and cash flow adversely. Additionally, the working capital should not only be managed by businesses suffering losses but also the …........

Fitch cuts India GDP growth forecast for FY20 to 6.8%

Fitch Ratings cut India’s economic growth forecast for the next financial year starting April 1, to 6.8% from its previous estimate of 7%, on weaker than expected momentum in the economy.........

Reliance selling fuels from India to Venezuela to avoid U.S. sanctions

India’s Reliance Industries, operator of the world’s biggest refining complex, has turned to selling fuels to Venezuela from India and Europe to circumvent sanctions that bar U.S.-based companies from dealing with state-run PDVSA.........

Jet Airways good aviation property, resolution plan ready to bail it out: SBI

State Bank of India (SBI) Chairman Rajnish Kumar said that all lenders have been working on a resolution plan to bail out the debt-laden Jet Airways and sending it to bankruptcy is the last option.........

How To Manage Working Capital For A Manufacturing Business?

Working capital is the most important asset of a manufacturing business as it affects the long-term financial health of the business.........

Jet Airways Crisis Worsens, Pilots Threaten to Stop Flying From April 1

Jet Airways’ pilots have threatened to stop flying from April 1 unless there is clarity on the resolution process and salary dues by end of March 31. The decision was taken at the annual meeting of the National Aviator’s Guild (NAG).........

India's Mindtree management rejects hostile bid from L&T

The management of Indian IT services company Mindtree rejected conglomerate Larsen & Toubro Ltd’s move to buy a 66 percent stake in the company by spending about $1.6 billion, terming it “value destructive.”........

Government asked banks to save Jet Airways, avoid bankruptcy

India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election.........

5 Ways To Cost Cutting Without Affecting Small Business Growth

Trimming unnecessary expenses and cost-cutting helps the business become lean and more efficient. This further leads to small business growth and greater profit generation. But it is also important to ensure that cost-cutting does not demotivate employees and negatively impact the commitments. So while planning for cost-cutting, it is important to plan it in a …........

Mukesh Ambani Bails Out Anil Ambani in Ericsson Payout Case Day Before SC Deadline

Anil Ambani, chairman of the debt-ridden telecom firm Reliance Communications Ltd (RCom), thanked his elder brother Mukesh Ambani, chairman of Reliance Industries Ltd, and Nita Ambani for their help in paying dues to Swedish company Ericsson, which confirmed it has received Rs 458.77 crore from RCom. ........

What Financial Habits Will Help In Managing Business Growth?

Business growth is not just dependent on skilled employees and efficient processes. It is also subject to the financial habits of the business owner.........

Why Financial Plan Is Very Important For Every Growing SME?

Finances are important thing for expansion. So, financial plan & analysis are imperative. If there is no financial plan, business growth can be hampered.........

Jet Airways cancels all flights to partner Etihad's hub Abu Dhabi from March 18th

Jet Airways will suspend all its flights to and from Abu Dhabi, the base of Etihad which has 24 per cent stake in it and from whom fund infusion is awaited for Jet to survive. In a notice, Etihad Airport Services warned passengers of "minor disruption" due to the "short notice of cancellation".........

L&T may spend about $1 billion in Mindtree takeover bid: report

Indian conglomerate Larsen & Toubro Ltd would spend up to 70 billion rupees ($1.02 billion) in a hostile bid to buy IT services company Mindtree Ltd. L&T will buy out Mindtree’s largest shareholder VG Siddhartha and companies in which he is a promoter, following which an open offer will be sent to the public shareholders of Mindtree.........

400 flights affected daily due to Pakistani airspace closure, Air India worst-hit

Pakistan had shut down all of its airports and had completely closed its airspace following the airstrikes for five days and has now partially opened its airspace. Around 400 flights are affected daily and Air India is the worst-hit of the airlines due to this.........

How To Easily Change Company Name In 6 Easy Steps?

The major reasons for company name change can be changes in the model, rebranding, change of promoters or directors or shareholders, etc.........

How Udyog Aadhar Registration Can Be Cancelled In 4 Steps?

Udyog Aadhar Registration has replaced the MSME registration process in India and is mandatory for small and medium enterprises. The reason for launching this registration process was to reduce the paperwork involved in the existing MSME registration process. After its introduction in 2015, the MSME registration has turned absolutely easy and can be done both …........