Bengaluru — home to many buzzing tech startups — is working on a law the likes of Swiggy, Zomato, Uber and Ola may be deeply concerned about. Karnataka has sought help of National Law School of India University in drafting what is probably India’s first such law to ensure welfare of gig economy workers. It hasn't been a cakewalk as experts are figuring out.
Global pension funds with $40 trillion of assets under management will now look at India’s infrastructure sector more favourably because of the elimination of dividend distribution tax (DDT), senior officials in the finance ministry said.
As per government direction, all new vehicles sold or registered in the country must meet BS-VI regulations from April 1. While some automakers like Toyota Kirloskar have already shifted their production to BS-VI, others are in the transition period.
An upcoming law by Karnataka and the Andhra Pradesh government’s directive to hire more locals in the skilled worker category have thrown a spanner in the works of manufacturing facilities. Business experts are of the view that local hiring obligations were not insurmountable problems but involved costs.
Sri Guru Raghavendra Sahakara Bank’s management proposes measures to RBI for a speedy turnaround
Ashwiny Iyer-Tiwari and Nitesh Tiwari — the writer, director, producer duo — is finalising the screenplay for the movie.
Ten BJP lawmakers from the Kalyana Karnataka (Hyderabad-Karnataka) region had a meeting in Bengaluru on Monday to assert their right for a fair representation in the Cabinet. There were other meetings as well by MLAs, some of them working closely with Yediyurappa, to build pressure on the chief minister.
While international passenger traffic witnessed double-digit growth of 14 per cent, an upswing from 4.27 million in calendar 2018 to 4.87 million in calendar 2019, domestic traffic grew by 2.6 per cent, from 28.05 million in calendar 2018 to 28.78 million in calendar 2019.
The fund will focus on tech businesses such as security, semicon and embedded devices.
In the case of electricity bills, commercial consumers attract the highest tariff while industrial units pay a lower tariff. The government is working on similar lines of introducing a separate tax rate for industries. The Minister, however, said the Cabinet will take a view on whether to make the proposed relief prospective, or retrospective.
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