User: meerak Topic: all-bengaluru
Category: Bengaluru business
4 new since Sep 25 2017 03:59 IST RSS 2.0
 
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Tax raids on Cafe Coffee Day find Rs 650 cr concealed income 25.9.2017 Zee News : States
The Income Tax Department raids on Cafe Coffee Day retail chain since Thursday found Rs 650 crore concealed income.
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85 ‘new’ trades yet to be given licences 25.9.2017 Hindu: News
‘Proposal cleared by BBMP council earlier this year awaits government nod’
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Wheelstreet is on the verge of reaching break-even 25.9.2017 Business Standard: News Now
Bengaluru-based Wheelstreet, which offers bikes on rent, has launched the service in 30 cities in 3 years
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Sistema forms joint venture to bring Russian kids' brand Concept Group to India 25.9.2017 ET: Retailing
Concept Group, one of Russia’s leading fashion retailers, creates collections and sells women’s clothing, accessories as well as children’s wear through its own retail stores.
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Rs 650-cr assets 'unearthed' during I-T raids on Siddharth 24.9.2017 Deccan Herald - City
Income Tax sleuths, searching former chief minister S M Krishna's son-in-law V G Siddharth's house and business establishments in Bengaluru and elsewhere in the state and country, have reportedly unearthed Rs 650 crore worth of unaccounted assets. Siddharth is the chairman and managing director of Coffee Day Enterprises Ltd and also has other business interests in financial services (way2wealth) and luxury resorts. I-T sleuths raided his house and other firms on September 21 in Bengaluru, Hassan and Chikkamagaluru in Karnataka, Chennai and Mumbai. the searches ended on Sunday. "The searches involving coffee, tourism, information technology and other areas concluded with an unearthing of Rs 650-crore assets. The detection of undisclosed income is expected to be a much higher figure," stated a senior I-T officer. There are a number of other issues, including violations of other statutes, on which there is no disclosure, but relevant evidence has been found. These will be pursued, an official ...
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Bizman gets Rs 2-cr extortion call from 2 ISD numbers 24.9.2017 Deccan Herald - City
A 50-year-old businessman from Nandini Layout, North Bengaluru, has reported receiving a Rs 2 crore extortion call from two unknown phone numbers. Satyaprakash R, who has several business ventures in the city, got the first call from a number with the ISD code +44 at 3.15 pm on September 19. The caller, speaking Hindi, asked him to pay up Rs 2 crore or get ready to face the consequences. Satyaprakash ignored the call, thinking it a prank. +44 is the ISD code of the United Kingdom. The person called again the same day and abused him. He warned the businessman against ignoring the demand and set a deadline for making the payment. The caller further said that if Satyapraksh failed to pay up or approached the police, he would be killed. The alleged extortionist called a third time on the night of September 19. This time the number started with +60 (Malaysia) but the voice was the same. The caller asked Satyaprakash to take the matter "very seriously or he would be dead". Satyaprakash filed a complaint at ...
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GST makes Dasara dolls dearer 24.9.2017 Deccan Herald - State
Sales of Dasara dolls, the mainstay of the ten-day Dasara festival, have been hit by the Goods and Services Taxes (GST) as the prices have gone up. The GST on painted wooden dolls is 12% and that on Jaipur dolls is 18%, making the dolls dearer than before. "Those who sell dolls on the streets and on pushcarts are not affected and they are able to sell at low costs as they don't produce any bills. This is affecting sales of people like us who sell in shops," said Sandeep, owner of a shop in Gandhi Bazaar. Nagalakshmi, who has been running a Dasara dolls shop for years, said that the price has gone up from Rs 450 for a pair of dolls to Rs 1,000. 'Earlier, you could see wooden and Channapatna dolls in large numbers on displays. This year, because of GST, customers do not prefer them," she said. Some shop owners say that in spite of the increased prices, customers who want quality still visit their stores. Manjunath, who runs Sathish Stores in Gandhi Bazaar, said, "We have a very large variety of dolls so ...
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Siddaramaiah's son inaugurates Kuruba youth forum 24.9.2017 Deccan Herald - State
The Akhila Karnataka Yuva Kuruba Okkoota has come into existence for the welfare of Kuruba community across Karnataka.

Chief Minister Siddaramaiah's son Dr Yathindra inaugurated the Okkoota at Central College auditorium on Sunday.

"Kuruba community youths should work in the fields of education, politics, administration, media and business and scale heights. Making progress in these fields is very crucial for the overall development of the community," Yathindra added.

A unit should be set up to train community members willing to enter politics, he suggested.

Former mayor and BJP leader M Shanthakumari said senior officials from the community should change their style of functioning and speedly dispose of files pertaining to all communities.

Dr Yathindra also launched the Okkoota's website on the occasion.
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A place called home 24.9.2017 Deccan Herald - Supplements
A native of The Netherlands, Martijn Rauwers and his wife Jasmin Beverwijk moved to Bengaluru with their children - Simon and Lisa - a year and a half ago. It was at Jasmin's instance that the family came here and now they are more than happy to call Bengaluru their second home. The family lived in Arnhem, a small town close to the border of Germany. Martijn met Jasmine at Wageningen University in The Netherlands. Martijn works for a startup that specialises in sustainable business models for healthy cities, food supply chains, waste, energy and water infrastructure back home but is currently on a break. Jasmin was born in Mymensingh, Bangladesh, but doesn't remember anything of her life in that country. "I was brought to an orphanage in Dhaka, when there was famine and chaos there, Bangladesh had just become independent of Pakistan. When I was about two years old I was adopted by a Dutch couple who I consider as my natural parents," says Jasmine, who has lived and travelled across the world. Jasmine had ...
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Bosch embraces change! 24.9.2017 Deccan Herald - Monday
German auto components giant Bosch, which set foot on Indian soil in 1922, has now become a household name - be it in automotive components, or building and security solutions. The company, which is headquartered in Bengaluru, has 'constantly been in a state of evolution'. From a supplier of automotive components and technologies, it has diversified into other business areas such as energy, building solutions, consumer durables and electrified solutions. "Its composition is akin to an onion bulb. Every layer opens up a new facet about the Group and the environment in which it operates," Soumitra Bhattacharya, Managing Director, Bosch Limited, and President, Bosch Group India says. "We have made headway from being an intelligent organisation to a connected set-up. For Bosch India, transitioning to a connected era requires a change in mindset. The decision to become a smart, and then eventually a connected company, is not an option but an imperative for long-term success. To embrace the opportunities put ...
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Ajay Thakur inspires Tamil Thalaivas to stun Bengal 24.9.2017 All News-IANS Stories
Ajay Thakur scored two points in the dying seconds as Tamil Thalaivas scored a sensational 33-32 victory over Bengal Warriors in a Zone B Pro Kabaddi League (PKL) match here on Sunday.
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Deloitte team wins BusinessLine Quiz 24.9.2017 HBL: Home
HDFC Life team from Mumbai bags 2nd prize; IIT-Madras students come 3rd
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India beat Aus by 5 wkts to clinch ODI series, grab No 1 spot 24.9.2017 News
India overhauled the target with 13 balls to spare in front of packed Holkar stadium to take a series-clinching 3-0 lead
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How will you fund the iPhone X? 24.9.2017 HBL: Home
Prospective buyers tell us how they plan to go about it
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UP, Ranchi advance at junior cricket meet 24.9.2017 All News-IANS Stories
Ranchi Boosters pulled off a stunning five-wicket win over favourites UP Heroes to send the coaches of the other three teams in group C scrambling for their calculators in the Indian Junior Players League Talent Hunt here at the Dubai International Cricket Stadium on Sunday.
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Chili’s opens three more restaurants 24.9.2017 HBL: Home
Expansion helps company to reduce operation costs, says CEO
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Festival sale spikes Amazon’s customer acquisition to 85% 24.9.2017 BusinessLine - Info-tech
Amazon.in’s Great Indian Festival sale, which ended at Sunday midnight, witnessed a sharp spike in customer acquisition, with 85 per cent of the new customers coming from tier II and III cities compa...
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Nida Mahmood to add quirk to wedding solutions company 24.9.2017 All News-IANS Stories
After creating a niche for herself in fashion, designer Nida Mahmood, known for her use of vibrant colours and quirky prints, is now lending her expertise to a wedding solutions company.
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IndiGo grounds one more Airbus A320 neo plane 24.9.2017 All Companies Stories
Budget carrier IndiGo has grounded one more Airbus A320 neo plane after it was forced to return to Bhubaneswar following high engine vibrations experienced by the aircraft on the way to Bengaluru. Since their induction in March last year, the A320 neo planes in IndiGo fleet are going out of operations at a regular interval due to the frequent glitches in the Pratt & Whitney engines, which power these planes. The airline currently has 140 A320s, of which 23 are A320 Neos. Though the US engine maker has started supplying new engines to the country's largest airline by market share which has helped it put some of the grounded planes back into flying, many of such planes remain out of operations, including the one which was grounded in Bhubaneshwar on September 20. Last week, a senior official at the Directorate General of Civil Aviation (DGCA) had said that as many as six A320 neo planes of IndiGo were on ground and awaiting engine replacement. "On September 20, IndiGo
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Challenge for Ramdev's Patanjali as Sri Sri Ayurveda to enter 30 markets 24.9.2017 Latest News
Sri Sri Ayurveda will focus on Latin America, including Brazil and Argentina
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