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The new premium van will be export-focused and the Firodias, who were the pioneers of autorickshaws in the 1950s, will begin shipping the van to the Gulf markets first followed by North Africa, South Africa, the Asean, South America and the Saarc regions, Firodia said. … [Read more...] about Force Motors plans Rs 600cr capex to develop 2 new models

Meanwhile, at the event, PFC CMD Rajeev Sharma said the company's single largest bond attracted a demand of $2.2 billion and was priced at 3.95 percent coupon rate for tenure of 10.25 years taking the total foreign borrowings to $6 billion.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about UDAY not a failure; new scheme likely in Budget 2020: RK Singh

Section 54GB offers yet another tax-free exit route. If such capital gains are invested in small or medium enterprises, they will not be taxable. Union Budget 2019-20 extended this benefit to start-ups entitled for the same under this section. “If you subscribe to 50 per cent or more equity shares of eligible startups, then tax on long term capital gains will be exempt provided that such shares are not sold or transferred within five years from the date of its acquisition,” explains Gupta. The start-ups will also be required to use the amount to purchase assets and cannot transfer asset purchased within five years from the date of its purchase. … [Read more...] about The long and short of capitals gains tax

Fu suggested home quarantine measures for the ones who have returned from China and not having any symptoms like fever or cough. These people should take preventive measures like drinking plenty of water, washing hands frequently, wearing a mask and reducing group activity. … [Read more...] about China advisory to India: Separate students with coronavirus symptoms from families

Security threats, cyber risks and data breaches hit all enterprises hard, but they can be crippling for small enterprises. 2020 will see many of them investing in cyber security solutions. A lack of preparedness will need to be remedied- reports by Small Business Trends say that 58 percent of small businesses are not in a position to cope with data loss and theft.  Added to security is the need for privacy. There is a growing need for compliances for the global regulations on data privacy- GDPR and soon, CCPA.  Data storage, collation and privacy is a definite technology solution that SMEs will need in the coming year. … [Read more...] about Meeting SME needs with technology innovation