Tax Sought From Amazon In India On Cloud Services Fees Paid To US
Press Trust of India | Friday February 03, 2023, New DelhiIndian tax authority has decided to charge tax on cloud services fees paid by Amazon to the US, a move which will lead to company coughing up "significant" amount in taxes including payments for some of the previous years, the company said in a regulatory filing.
Is Paytm, Infosys Buyback Plan In Line With Shareholders' Interests?
Equitymaster | Friday December 16, 2022So far this year, 51 companies have announced buybacks worth Rs 375.2 billion.
India's Tech Companies, Routed, Use Surprise Tactics To Arrest Slide
Ashutosh Joshi | Friday December 16, 2022While within the rules, several market experts say the actions point to the fixation that newly listed firms have with their stock prices. After all, Nykaa and Paytm are among a flurry of hot startups that came to the Indian market with much fanfare.
Here's How PVR Shares Might Perform As It Gears Up For Merger With INOX
Equitymaster | Monday November 28, 2022While new age tech companies like Paytm and Nykaa have come under bear attack, is a popular stock like PVR Ltd also under same threat?
IPO-Bound OYO Hotels Reports A Smaller Loss In September Quarter
Edited by Rahul Karunakar | Monday November 28, 2022Oyo Hotels and Homes Pvt Ltd reported a smaller loss for the July-September period compared to the prior quarter.
No Legal Basis For Ban On Service Charge In Food Bills: Restaurants' Association
Press Trust of India | Wednesday July 06, 2022, New DelhiThe National Restaurant Association of India (NRAI) on Wednesday said the government cannot make changes in levy of service charge in food bills by making guidelines and CCPA's decision to bar hotels and restaurants from such practice has created unnecessary confusion amongst consumers and disrupted smooth operations of restaurants.
Taj Named As World's Strongest Hotel Brand For 2022
Edited by Animesh Singh | Thursday June 16, 2022Indian Hotels Company's "Taj" has been rated as world's strongest hotel brand according to the latest report of the consultancy "Brand Finance"
Government Asks Swiggy, Zomato And Others To Improve Grievance Redressal Mechanism
Edited by Animesh Singh | Monday June 13, 2022In last one year,over 3,631 grievances have been registered on National Consumer Helpline (1915) for Swiggy and 2,828 have been registered for Zomato
Consumer Affairs Ministry To Summon Edutech Firms Amid Rising Complaints
Press Trust of India | Friday June 10, 2022, New DelhiConsumer Affairs Ministry will soon hold a meeting with edutech firms amid complaints that these platforms put extra study pressure on schools
Marred By Slew Of Issues, Customers Seek Government Control Over Edtech Entities
Press Trust of India | Tuesday June 07, 2022, New DelhiA majority of people who opted for online classes offered by edtech platforms have faced issues around infrastructure required for attending sessions
Zomato's March Quarter Loss Widens On Rising Expenses
Reuters | Monday May 23, 2022, BENGALURUThe company's consolidated net loss widened to Rs 360 crore for the three months ended March 31, 2022 from Rs 131 crore a year earlier
Amazon Accuses Future Group's Independent Directors Of Fraudulent Strategy
Press Trust of India | Sunday May 22, 2022, New DelhiAmazon has accused independent directors of Future Retail of facilitating "fraudulent stratagem" of transfer of 835 stores to Reliance group
Paytm Sets Up Joint Venture Insurance Firm, To Invest Rs 950 Crore In 10 Years
Press Trust of India | Saturday May 21, 2022, New DelhiOne 97 Communications Limited (OCL), which operates under Paytm brand, on Saturday said it has formed a joint venture (JV) general insurance company
As Pandemic Boom Wanes, JP Morgan Downgrades India's IT Industry
Reuters | Thursday May 19, 2022The pandemic growth boom in India's IT services industry is fading; JP Morgan analysts said as they downgraded the sector to "underweight".
Radisson Aims To Add 100 Hotels By 2025 In India, Says CEO
Press Trust of India | Thursday April 28, 2022, ManilaRadisson Hotel Group plans to add 100 hotels in India by the end of 2025 as part of its ambitious plans for expansion in the Asia-Pacific region
