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01/16/2018 05:41 PM
SpiceJet to explore sea-plane manufacturing in West Bengal
Speaking at the Bengal Global Business Summit 2018, SpiceJet chief Ajay Singh said there was a potential for making West Bengal a hub for sea-planes which can fly to Gangasagar, Sunderbans and other parts of the state.
01/16/2018 07:29 AM
Digital IT contracts come with tough liability clauses
The newer IT contracts involving higher levels of automation and New-Age digital components like cloud, analytics and artificial intelligence, often get service providers better prices, but they also come with more stringent liability clauses.
01/16/2018 07:20 AM
Govt to ensure AI control stays with Indian entity
The government will go for a thorough scan of the credentials of bidders for Air India as it wants to ensure that ownership and effective management control stays with an Indian entity, despite foreign airlines being allowed to hold up to 49% in the national carrier post-disinvestment.
01/16/2018 06:35 AM
GST: Panel for single-stage filing process
The goods and services tax (GST) appears headed for its biggest procedural overhaul with a panel considering a single-stage return filing process, instead of a three-stage mechanism. The move is aimed at reducing the compliance burden for businesses.
01/16/2018 04:44 AM
Air India to be split into four entities before sale
India will break up its debt-burdened flag carrier Air India into four separate companies and offer to sell at least 51 per cent in each of them as part of a disinvestment proposed by PM Narendra Modi.
01/14/2018 12:07 PM
AI sale: Govt mulls absorbing employees in PSUs
New Delhi, Jan 14 () The government is exploring options of absorbing Air India employees in public sector enterprises and voluntary retirement package as it moves ahead with the airline's disinvestment amid stiff opposition from worker unions, sources said.