Russia fines Zoom $1.18 million for operating without local office: report
Moscow has clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Russia sent its armed forces into Ukraine in February 2022. HDFC Bank reported a 15,976cr net profit for the September quarter, beating estimates on a surge in treasury gains and retail loans. However, a higher inherited cost base from the home-loan pioneer crimped profitability at India's only lender with a market capitalisation in excess of $100 billion. The Supreme Court ruled that licence fees payable by the telcos will be treated as entirely “capital in nature” and potentially bring additional tax liabilities of about $1 billion on the telecom sector this fiscal year alone.
प्रकाशित : 2 साल पहले द्वारा Reuters में Tech
HDFC Bank Q2 Profit Beats Estimates, up at ₹15,976cr HDFC Bank’s net profit in the September quarter, the first since its merger with its mortgage-lending parent, Monday beat estimates on a surge in treasury gains and retail loans, but a higher inherited cost base from the home-loan pioneer crimped profitability at India’s only lender with a market capitalisation in excess of $100 billion.
Ratan Tata Endowment Fund Buys into 2 Tata Cos The Ratan Tata Endowment Foundation has recently bought minor stakes in Tata Digital and Tata Technologies, marking the first investments by the group’s recently established charitable arm.
Dial T for Telco Tax: SC Rings in Tweaks In a ruling that will potentially bring additional tax liabilities of about $1 billion on the telecom sector this fiscal year alone, impacting operator cash flows, the Supreme Court on Monday held that licence fees payable by the telcos will be treated as entirely “capital in nature”.
विषय: Russia, Russia-Ukraine War