Photo: The Economic Times

Dabur Receives GST Notice Of ₹320.60 Crores, Will Challenge

Homegrown FMCG and Ayurvedic products maker Dabur, confirmed to have received a Goods and Service Tax (GST) demand notice of Rs 320.60 crore. The company will challenge the same based on strong merits by filing its reply before the relevant authorities, Dabur India said in a regulatory filing. “The Company has received intimation of tax ascertained as being payable under Section 74(5) of CGST Act, 2017," read an official statement.

Wed, 18 Oct 2023 - 01:29 PM / by Varsha Joshi

Tags: Dabur, GST Notice, Legal News, Irregularity, IT

Courtesy: News 18

Cyber threat

Photo: India TV

Mumbai Man Loses Rs 1.30 Lakhs In Cyber Fraud

A case of cyber fraud has come to light where a man lost ₹1.30 lakhs without sharing any OTP or clicking on any suspicious links. According to the FIR, Sabirali Ansari (47) a resident of Borivali West, is a sand cement shop keeper. He has two savings bank accounts. He had linked his Union Bank savings account with Google pay and Paytm for online transactions.

Wed, 09 Aug 2023 - 09:30 AM / by Varsha Joshi

Tags: Cyber Crime, Online Fraud, Mumbai man, IT, case

Biplab Kumar Deb

Photo: The Week

Tripura CM Asks Bangladesh-Based IT Firms To Invest In State

Tripura Chief Minister Biplab Kumar Deb has asked Bangladesh-based IT firms to invest in his state. While speaking at the very first edition of the Digital Bangladesh IT Summit. He stressed that technology-driven trade can help ease the bilateral ties between the two neighbouring countries. "Bangladesh IT companies are welcome to invest in Tripura, and (to) take advantage of the incentives offered by the government," he said.

Fri, 29 Apr 2022 - 07:35 PM / by Varun Das

Tags: business, IT, Tripura, Tripura CM, Bangladesh


Photo: Wikipedia

Infosys's Non-Compete Clause Unenforceable, Say Lawyers

The newly invoked non-compete clause by Infosys is not enforceable, according to several lawyers and recruiters. The clause prohibits new-comers from working on the same customer's projects across named rival companies for a certain phase of time since leaving the company. This move comes amid sky-high attrition. However, the IT giant has described this as a standard business practice, adding that it won't affect one's career growth.

Thu, 21 Apr 2022 - 06:44 PM / by Varun Das

Tags: business, Infosys, IT, IT sector, IT Company

Courtesy: Live Mint

Sensex headquarters

Photo: The Financial Express

Sensex Rises With IT & Banking Stocks Getting Higher

This week's Indian markets Sensex and Nifty has hit a positive note all along the Russia-Ukraine conflict. The points started going higher with Infosys jumping to 2.65 %,  Wipro to 2%. More of the banks and IT sectors had a high impact with the State Bank of India going up 2.57% to Rs. 482.50 and Axis Bank going up with 1.83% to Rs. 703.55. 

Mon, 14 Mar 2022 - 02:33 PM / by Rupsa Debnath

Tags: Sensex, Nifty, IT, Finance, HDFC BANK

Courtesy: ANI

Ashwatha Narayan

Photo: Deccan Herald

Karnataka Govt Announces Seed Funding Upto Rs 50 Lakh For Startups

Karnataka Government announced seed funding upto Rs 50 lakh for startups on January 16. Dr CN Ashwatha Narayan, the State Education Minister said, "The seed funding will be facilitated to additional 75 startups, to achieve the tally to 200 startups in the year". Addressing the National Startup Day, Narayan said, in 2021, Karnataka attracted Rs 1.60 lakh crore investment in 2021, 50% of India's entire investment from foreign companies. 

Sun, 16 Jan 2022 - 09:43 PM / by Varsha Joshi

Tags: Startups, Ashwatha Narayan, IT, Seed Funding, karnataka government

Courtesy: ANI


Photo: Bing

WhatsApp Bans 2 Million Indian Users For Sharing Unwanted Content

The facebook-owned digital messaging platform, Whatsapp has evicted over 1 million Indian accounts within May 15- June 15 period. The app also recorded 345 grievance reports during the same time period. Reportedly, the majority of the accounts were banned for spamming users and automated messaging. Also, some accounts were banned for using provoking content. Every month, at least eight million accounts are disabled globally.

Fri, 16 Jul 2021 - 02:01 PM / by Umang Bafna

Tags: WhatsApp, IT, India, Banned

Courtesy: The Wire


Photo: You Tube

Hackers Hacked Acer Servers; Demand $50 Mn Ransom Or Face Consequence

Taiwanese hardware MNC 'Acer' has been hit by a dangerous ransomware attack, where the company is being demanded to pay $50 million to hackers. Taking responsibility, hacker group 'The REvil' have threatened to leak data including the company’s bank balance and financial spreadsheets. The hackers also gave a deadline till March 28 to fulfil all the duties or face bitter consequences. Believed to have seeped through Microsoft vulnerability,… read-more

Sun, 21 Mar 2021 - 10:09 PM / by Ronit John

Tags: Acer, Ransomware attack, Hack, Tech Industry, IT

Courtesy: News 18

Social media

Photo: The New Indian Express

50 Lakh Users Recognised Under 'Significant Social Media Intermediary'

Following the new IT rules, the Centre has recognised 50 lakh users under 'significant social media intermediary'. Reportedly, the users would have to comply to the new IT rules that eyes to crackdown misuse social media platforms. Earlier this week, the Centre urged these intermediaries to appoint designated officials. The government has laid down the rules that require social media giants to take down contentious content within 36 hours.… read-more

Sat, 27 Feb 2021 - 03:45 PM / by Ronit John

Tags: IT, IT act, Facebook, Twitter, Social Media

Courtesy: NDTV

Stock Image

Photo Credits: YourStory

Karnataka To Create 60 Lakh Jobs: New IT Policy Approved

On September 3, the cabinet of Karnataka Ministry approved the new IT policy which paves way for 60 lakh jobs in the state. The IT policy 2020-25 aims at contributing 30% of the country’s trillion-dollar digital economy dream. Reportedly, the policy aims at retaining the state’s position in the field and encourage investments in the sector beyond Bangalore. Currently, Bangalore is the fourth largest technology cluster in the world.


Thu, 03 Sep 2020 - 07:50 PM / by Mahadevan K V

Tags: Karnataka, Bangalore, IT, job opportunities

Courtesy: Deccan Herald