Nirav may soon get bail: UK lawyer of three wanted by India
Jewellery / 2 days ago

Nirav may soon get bail: UK lawyer of three wanted by India

Barrister Ben Keith, of 5 St Andrew’s Hill, who specialises in extradition cases and has three clients wanted by the government of India, all of whom are out on bail, said on Friday: “I am surprised he was not given bail. He was arrested unexpectedly so may not have had the bail security ready.”

FSSAI may give relief to craft brewers on yeast count
Grocery / 3 days ago

FSSAI may give relief to craft brewers on yeast count

The move comes following a meeting of the scientific panel of the regulator with the Craft Brewers Association of India (CBAI) earlier this week, where the latter presented its views on the yeast count and said it was difficult to operate under the limits ordered by the regulator.

  • Toy maker Funskool inaugurates new factory in Ranipet
    Toys / 3 days ago

    Toy maker Funskool inaugurates new factory in Ranipet

    "The company will invest another Rs 15 crore in another three months. The factory is close to Chennai port, thereby facilitating easy exports to our buyers abroad. We are happy to inaugurate our third manufacturing facility in India and production has already begun ,” said John Baby, chief executive officer (CEO), Funskool.

  • CBDT gives 90 startups immunity from Angel Tax
    Industry / 3 days ago

    CBDT gives 90 startups immunity from Angel Tax

    Under the Startup India Action Plan, a Department of Industrial Policy and Promotion (DIPP) initiative, the startups were asked to submit all details related to capital raising and promoters, and if accepted, they get an immunity from future tax demands under section 56(2)viib of the Income Tax Act.

  • One more time: Levi Strauss goes public again
    Apparel / 3 days ago

    One more time: Levi Strauss goes public again

    In a rare move, the New York Stock Exchange suspended its "no jeans" policy on Thursday to commemorate the event, transforming the floor from suits and ties into a sea of blue denim, with its traders sporting jeans and denim jackets.