Microsoft employs over 20,000 professionals in India, over half of which work in Hyderabad. With the launch of the new building, Microsoft plans to hire another 4,800 employees, an official release said.
"I don't think it is something you would expect to see immediate results because both sides are crossing the river by feeling the stones," said India's Chief Economic Advisor V Anantha Nageswaran.
The data of companies investigated by the Regional Directors and cases probed by Serious Fraud Investigation Office (SFIO) were shared by the ministry with Lok Sabha as part of a written reply on Feb 10.
The group plans to establish its second university in Hooghly district, backed by a “conducive business environment” in the state and growing demand for quality education, Managing Director Sardar Taranjit Singh said.
The new bill which includes the recent changes in income tax rates, slabs, and TDS is aimed at simplifying the language and implementation of the income tax legislation for taxpayers.
The conman, currently in judicial custody for alleged multi-crore fraud cases being probed by the Enforcement Directorate, in a letter to Altman offered an investment of $1bn in OpenAI, and further extend it to another $2 bn over the next five years for operations in India.
The Monetary Policy Committee has unanimously decided to cut the key rate by 25 bps from 6.5% to 6.25%, said RBI Governor Sanjay Malhotra adding, “The Indian economy is not immune to global headwinds, but it remains strong and resilient.”
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