BUSINESS
GST payers now to fill just 4 GSTR-3B forms instead of 12
Come January 1 and GST payers would need to fill only 4 GSTR-3B returns in a year instead of 12 returns at present.
NTPC signs MoU with IIFM for Narmada restoration project
The country's largest power producer NTPC Ltd has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Forest Management (IIFM), Bhopal, to implement the Narmada Landscape Restoration Project.
Cisco to acquire UK-based software firm IMImobile for $730mn
Global networking giant Cisco on Monday announced to acquire UK-based software firm IMImobile for $730 million, with an aim to provide a seamless end-to-end customer interaction management solution.
IndiGo to complete pending credit shells' payments by Jan 31
According to the airline, since the resumption of operations in May, IndiGo has been rapidly refunding amounts owed to customers whose flights had been cancelled during the lockdown.
RBI's directive credit negative for HDFC Bank: Moody's
According to Moody's Investors Service, the move is credit negative as the bank is increasingly relying on digital channels to source and service its customers.
Electricity trading grows 61% in Nov as economic activity picks pace
According to the data published by National Load Despatch Center (NLDC), the national peak demand in November saw an increase of 3.2 per cent YoY while the energy consumption registered 3.15 per cent YoY growth.
Discoms' dues to generators rise 34% to Rs 1.26 lakh cr
According to analysts, the poor run for the sector during the pandemic has led to a further deterioration in the financial position of the power distribution companies (discoms) as their pending dues to power generation companies (gencos) have shot up again.
Petrol prices inch towards all-time high
The price of petrol here increased by a margin of 30 paise per litre on Monday to Rs 83.71 a litre from a level of Rs 83.41 a litre on Sunday.
Global cybercrime losses to exceed $1 trillion: McAfee report
Two-thirds of surveyed companies reported some kind of cyber incident in 2019 and the average cost was more than half a million dollars per incident.
Punish Amazon with Rs 1.44 lakh crore penalty: CAIT to ED
In a letter to Sushil Kumar, Special Director, Enforcement Directorate, CAIT alleged that Amazon's investments in India are in violation of the provisions of Foreign Exchange Management Act, 1999 ('FEMA Act') and the Rules and Regulations.
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