Rs 1,481 crore fake GST invoicing racket busted

Rs 1,481 crore fake GST invoicing racket busted

New Delhi, Nov 6 The Directorate General of Goods and Services Tax Intelligence (DGGI), Meerut Zonal Unit, has busted a large-scale racket involving fake invoicing to the tune of a whopping Rs 1,481 crore, resulting in passing on of fraudulent input tax credit

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Median cost of IT outages at Indian firms now Rs 520 cr a year: Report

Median cost of IT outages at Indian firms now Rs 520 cr a year: Report

The median cost of IT outages at Indian organisations now stands at around Rs 520 crore ($62.79 million) per year, a new report said on Wednesday. According to the web analytics and software company New Relic, about 74 per cent said that the

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SoftBank likely to fully exit Zomato in coming months

SoftBank likely to fully exit Zomato in coming months

Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to fully exit the online food delivery platform in next few months.

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