Welcome to the world of facts and news

Google India payments to Ireland outfit not royalty, not subject to withholding tax: ITAT

The case relates to whether payments totalling Rs 1,457 crore made by Google India to Google Ireland is a royalty and tax is to be withheld in India.

from Tech-Economic Times https://ift.tt/DERcdVA

Confident he'll do his best for people of UK: Infosys founder Narayana Murthy on Rishi Sunak

"Our hour of happiness should, however, be tempered by the fact that PM Rishi [Sunak] will always keep the interest of the UK first and we should not expect anything special from him for India," said former Infosys board member TV Mohandas Pai.

from Tech-Economic Times https://ift.tt/ORTIx5A

Zoho's key product suite grows 2.5 times in two years

Zoho One combines more than 45 applications that allow businesses to run sales, marketing, HR, analytics, and more. Zoho decided to offer a bundled package of apps and create a platform for businesses to build integrations — or even their own apps — through Zoho One.

from Tech-Economic Times https://ift.tt/f6qgVIO

Fitbit sued in Australia for misleading consumers on faulty devices

The Australian Competition and Consumer Commission (ACCC) said between May 2020 and February 2022, Fitbit claimed consumers will not be entitled to a refund unless they returned a faulty product within 45 days of purchase or shipment, which is in not in accordance with Australian Consumer Law.

from Tech-Economic Times https://ift.tt/iSCfLVT

Alibaba, JD.com tumble in US as Xi asserts full control in China

Monday’s selloff came after Xi packed the Politburo Standing Committee with six loyalists during the party’s twice-a-decade leadership reshuffle, with the unprecedented power play demonstrating his unchallenged control of the country’s top decision-making body.

from Tech-Economic Times https://ift.tt/c4ImDfG

ETSA 2022: Best on Campus and Social Enterprise; IT firms may follow Infy on moonlighting

After revealing the ten-member high-powered jury for The Economic Times Startup Awards (ETSA) 2022 and the nominees for Bootstrap Champ and Top Innovator on Friday, today we bring to you the contenders for two more important categories - Best on Campus and Social Enterprise. Stay with us to know more.

from Tech-Economic Times https://ift.tt/C08vcEI

ET Startup Awards 2022: Nominees for Best on Campus

The award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students whose aim was to build a commercial enterprise. There must be some level of validation either through an investor or a customer.

from Tech-Economic Times https://ift.tt/UT0Lu64

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...