The Income Tax department conducted raids at Hiranandani group at 24 locations across Chennai, Bengaluru, and Mumbai in the foreign assets case. In Lok Sabha, Union minister of road transport and highways Nitin Gadkari said that all toll collecting points which are within 60 kilometre of each other on the national highways will be closed in the next three months. Meanwhile, a Russian court banned Meta-controlled Facebook and Instagram in the country on March 21, calling its parent company “extremist.”
I-T raids at premises linked to Hiranandani group in foreign assets case
The Income Tax department conducted raids at the Hiranandani group. Raids are being conducted at 24 locations across Chennai, Bengaluru, and Mumbai, sources told CNBC-TV18.
Infosys buys Germany-based digital marketing agency Oddity for 50 million euros
India’s second-largest software services firm Infosys acquired Oddity, a Germany-based digital experience, marketing agency for a cash consideration of up to 50 million euros.
Raid at Omaxe led I-T dept to Rs 3,000 crore ‘unaccounted’ income
Income tax department’s raid on Omaxe, a prominent real estate group of north India led the team to Rs 3,000 crore unaccounted income apart from unaccounted cash worth Rs 25 crore and unaccounted jewellery worth Rs 5 crore.
Zomato shares erase initial gains; company to launch 10-minute food delivery service
Shares of Zomato rose as much as 1.5 percent on Tuesday after the online food delivery platform on Monday said it will deliver food in record 10 minutes, starting with Gurugram next month. However, the stock failed to hold on to initial gains and slipped into the red.