Ride-hailing platforms, including Ola, Uber, and Rapido, are set to make a fresh set of representations to the Central Board of Indirect Taxes and Customs (CBIC) on the contentious issue of applicability of goods and services tax (GST) on services offered under the SaaS model. Under the SaaS model, platforms charge a fixed subscription fee […]
The Union government has shelved the scheme to incubate eight new cities, as recommended by the 15th Finance Commission (FC), according to senior government officials. A senior official at the Union ministry of housing and urban affairs (MoHUA), on condition of anonymity, said that ₹8,000 crore allotted for the scheme will now be subsumed under […]
The Maharashtra Housing and Area Development Authority (MHADA)’s Konkan Board has revised the prices of 6,248 affordable homes in Shirgaon and Khoni, Thane, under the PMAY-Urban scheme for the Economically Weaker Section (EWS). These homes are available on a First-Come, First-Served basis. The Maharashtra Housing and Area Development Authority (MHADA)’s Konkan Board has revised the […]
The Delhi government is planning to redevelop the 675 slums in the Capital along the lines of the Dharavi slum in Mumbai, which is the largest slum in Asia, chief minister Rekha Gupta said on Friday. She said slum dwellers who have been allotted flats will have to vacate the slums, she added. Delhi plans […]
Jun 21, 2025 08:44 AM IST The annexe — a modern six-storey structure with two basement levels — serves as the Khan family’s main residence, adjacent to Mannat MUMBAI: A team of forest department officers, accompanied by officials from the Brihanmumbai Municipal Corporation’s (BMC) H-West ward, visited the sea-facing Mannat Annexe in Bandra West on […]
Lender UGRO to buy Profectus in ₹1.4k cr deal MUMBAI: UGRO Capital, a tech-driven non-bank lender focused on MSMEs, will acquire Profectus Capital in a Rs 1,400 crore all-cash transaction. The acquisition, funded through UGRO’s recent equity raise, is subject to regulatory approvals and will result in Profectus becoming a wholly owned subsidiary.UGRO Capital was […]
F&O contracts expiry: NSE gets Tuesday, BSE Thursday MUMBAi: Markets regulator Sebi has allowed NSE and BSE to finalise settlement days for equity F&O contracts on their platforms with Tuesday for NSE and Thursday for BSE, the bourses said. The changed expiry days will be effective Sept 1, meaning all new equity derivatives contracts that […]
Honeywell’s India biz set to top $1bn BENGALURU: Honeywell’s India business is set to enter the $1-billion revenue club in 2025, up from $900 million, fuelled by the convergence of 5G, cloud, and AI.“India provides an opportunity to grow at double digits over the next several years for companies like us. It’s one of our […]
The Maharashtra Housing and Area Development Authority (MHADA) on June 17 initiated the tender process to appoint an engineering, procurement, and construction (EPC) contractor for the redevelopment of the PMGP Colony in Poonam Nagar, Jogeshwari, a western suburb of Mumbai. The project spans 27,625 sq. m. The Maharashtra Housing and Area Development Authority (MHADA) on […]
The auditor of Chinese smartphone maker OnePlus Technology India has flagged irregularities such as hosting accounting software on servers outside India, using software with programme codes in a foreign language, which made it difficult for the auditor to test the codes, and delays on the part of the company in making contributions to the employees’ […]
