The Times Of India Business
After US agreement on fraud charges, Huawei CFO reaches homeland China finally
Huawei chief financial officer (CFO) Meng Wanzhou flew home to China on Friday after reaching an agreement with the United States prosecutors to end the bank fraud case against her, relieving a point of tension between the two countries.
Diesel price hiked after 67 days as crude tops $77 per barrel to hit 3-year high
State-run fuel retailers on Friday raised diesel price by a modest 20 paise a litre, the first increase since July 17 — still suffering under-recoveries of 45 paise per litre — as benchmark Brent crude spiked to three-year high of $77.65 per barrel on high hopes of recovery.
Huawei CFO, US reach agreement to resolve bank fraud charges
Huawei Technologies chief financial officer Meng Wanzhou has reached an agreement with US prosecutors to resolve the bank fraud case against her, according to sources familiar with the matter, in a process that should allow her to leave Canada.
Govt borrows 58% of target despite 74% more tax collections
In spite of the Centre collecting a whopping 74 per cent more direct taxes so far this fiscal on an annualised basis at Rs 5.70 lakh crore, it has also borrowed a massive 58 per cent of the budgeted amount during the same period by selling Rs 7.02 lakh crore worth of debt securities in the market.
Ford India head quits after co says to stop making cars in country
Ford Motor Co's India head Anurag Mehrotra has quit the company to pursue other career opportunities, days after the US automaker said it would stop making cars in the Asian nation, taking a hit of $2 billion.
Net direct tax mop-up grows 74% at Rs 5.70L cr this fiscal
The mop up of net direct tax (which is arrived at after deducting refunds from gross collection) between April 1-September 22 was at Rs 5,70,568 crore, a 74.4 per cent growth over Rs 3.27 lakh crore collected in the same period last fiscal, the Central Board of Direct Taxes (CBDT) said in a statement. It is 27 per cent growth over Rs 4.48 lakh crore collected in 2019-20.