Wednesday, 2 January 2019

Bansal pays Rs 699cr tax on gains from Flipkart

Flipkart founder Sachin Bansal has deposited Rs 699 crore as advance tax for the first quarter of 2018-19 which includes capital gains tax from his income on sale of Flipkart stake to US retail giant Walmart. His partner and co-founder Binny Bansal is yet to disclose the capital gains made on his stake sale in the e-commerce platform.

from The Times of India http://bit.ly/2Tk3tJR

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Trains and emergency calls affected after major outage at Australia's largest telecoms company

Servers at data centres in Sydney and Melbourne were to blame but the exact cause remains unknown. from BBC News https://ift.tt/it2l5nQ