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₹ 70 Crore Black Money Found After Income Tax Raids On Karnataka Civil Contractor

The Income Tax Department has detected unaccounted income of more than ₹ 70 crore after it recently raided a leading civil construction group of Karnataka, the Central Board of Direct Taxes (CBDT) said on Wednesday. The searches were carried out on October 28 at multiple locations in north Karnataka. “The search action has led to detection of unaccounted income of more than ₹ 70 ... Read More »

Mahindra To Increase Prices In India By Up To ₹ 26,500 From January 2017

The country’s leading utility vehicle manufacturer Mahindra and Mahindra has announced that it will be increasing priced across its model range in India from January 2017. The home-grown auto major plans to hike prices of its vehicles by up to Rs 26,500 as the company looks to partially offset rising input costs. Announcing the price hike Pravin Shah the Chief ... Read More »

2017 Volvo V40 And V40 Cross Country Launched In India; Prices Start At ₹ 25.49 Lakh

Swedish automaker Volvo Cars today launched the 2017 Volvo V40 and V40 Cross Country (CC) in India. With the prices starting from ₹ 25.49 lakh and ₹ 27.2 lakh respectively, the new V40 twins come with a host of cosmetic updates and a number of new features. Volvo Auto India has launched two variants of both the models – V40 ... Read More »