The Kerala High Court on Thursday issued notices to the Directorate of Enforcement (ED) and the Income Tax Department (IT) regarding the Kodakara hawala case.
India’s IT spending is projected to reach $160 billion in 2025, an increase of 11.2 per cent from 2024, according to a report on Tuesday.
Indian IT industry’s apex body Nasscom on Wednesday congratulated Republican candidate Donald Trump on his victory in the US presidential polls, saying they look forward to working closely with the new US administration to strengthen the dynamic tech partnership between the two nations.
The Sensex was trading at 80,752.18 after slipping 254.43 points or 0.31 per cent. At the same time, the Nifty opened trading at 24,675.30 after falling 74.55 points or 0.3 per cent.
IT major L&T Technology Services Ltd reported a net profit of Rs 320 crore in the July-September quarter of FY 2024-25 on Wednesday, up 2 per cent in comparison to Rs 314 crore in the previous quarter.
The Income Tax Department has now rolled out a new functionality in Annual Information Statement (AIS) to display the status of the information confirmation process to taxpayers, according to a statement issued by the Central Board of Direct Taxes (CBDT) on Monday.
The country’s largest lender had a total employee strength of 2,32,296 in FY24, down from 2,35,858 in the previous fiscal year.
State IT minister Babul Supriyo has said that the BJP is a Bengali hating party and does not understand the mindset of the Bengalis.
Embee Software, a leading IT company based in India known for its expertise in Microsoft 365 implementations, will deploy Microsoft 365 Copilot which will automate routine tasks and will provide real time assistance in data analytics.
Sensex closed 189 points, or 0.25 per cent, lower at 74,482.78 while the Nifty 50 closed the day at 22,604.85, down 39 points, or 0.17 per cent.
