[wanabidii] Top Headlines: Amid rush for white money, Pune business converts cash into black

Daily Newsletter | Sunday, December 25, 2016 TOP HEADLINES MORE » Amid rush for white money, Pune business converts cash into black While several businessmen with hoards of black money have come under the lens for exchanging illegal tenders with legitimate currency notes using intermediaries, here is a case of a Pune-based industrialist who has been caught converting his legitimate income into black money—the transaction is over Rs 200 crore. Wear your attitude on your wrist Why wear your attitude under sleeve, when you can wear it on your wrist?Lose track of time, in style Recommended by Colombia PM Modi hints at higher taxes on income from stock Prime Minister Narendra Modi strongly hinted on Saturday at the prospect of higher taxes on income from stock markets saying people making profits from the markets must contribute to nation-building through taxes. Arms dealer Sanjay Bhandari fled without passport Investigation agencies are baffled at how arms dealer Sanjay Bhandari, who was found to be in possession of sensitive military procurement documents, managed to escape from India despite the fact that his passport had been impounded by the income tax department. CITIES MORE » Make Audi A4 yours at an EMI of 1670/lakh Here is an irresistible offer on Audi A4, exclusively for you. Book today! Recommended by Colombia Unattended bag with money triggers panic at Delhi's IGI airport An unclaimed bag containing over Rs 2.10 lakh in Indian and foreign currencies sent security officials at Indira Gandhi International Airport (IGIA) into a tizzy briefly, hours before a man reclaimed it saying he had "forgotten" it there. No alliance ahead of UP polls: Ghulam Nabi Azad Amidst reports that the SP, Congress and RLD being in the final stages of inking a pre-poll alliance, senior Congress leader Ghulam Nabi Azad, who is also the AICC member-in-charge for Uttar Pradesh, on Saturday said that the party was not planning an alliance with any political party. TECH MORE » Two biggest 'enemies' of PM Modi's cashless economy push When it comes to cybercrime, India ranks 6th in the world. The incidence of cybercrime in the country has doubled in just one year. RJio's free services may end on Dec 31, here's why Bharti Airtel today moved telecom dispute tribunal TDSAT against TRAI allowing Mukesh Ambani-led Reliance Jio to continue free promotional offer beyond stipulated 90 days, charging the regulator of being a "mute spectator" to violations. Reliance Jio user base to shrink once services become paid: Fitch Ratings Riding on the free voice and data offers, Reliance Jio Infocomm's subscriber base may touch 100 million by March 2017 end said Nitin Soni, Director at Fitch Ratings. However, it may even shrink once the telecom operator starts charging its customers,... SPORTS MORE » Ranji Trophy: TN beat star-studded Karnataka to enter semis Tamil Nadu held their nerves, survived the deluge of dismissals to register a seven-wicket win over Karnataka in the Ranji Trophy quarterfinals and become the first team to book a place in the semifinals. Viswanathan Anand looks to end year on a high Viswanathan Anand will look to end the year on a high as he prepares for the World Rapid and Blitz Championships, which will be held in Doha from Monday. Brushing aside apathy, Advani continues to pot titles Advani has won a staggering eight world titles in the last three years and he continues to go about his business unassumingly. It is as if he is expected to lap up the trophies every season. BUSINESS MORE » Sensex descend for second week, slide 449 points The BSE benchmark Sensex marked biggest loss not seen since five weeks, dropping 448.86 points to finish at 26,040.70, while the broader Nifty dipped below the psychological 8,000-level. Arun Jaitley faces hurdles for biggest tax reform launch Prime Minister Narendra Modi, who aims to push the tax reform to replace various central and state levies with one tax, is facing resistance from states after his surprise decision last month to scrap high-value currency notes. Nike’s poor India run continues, loss widens Nike’s sales have fallen to Rs 764 crore in FY16 compared to Rs 803 crore in FY15, data from Registrar of Companies (RoC) showed. Its loss widened to Rs 170 crore in 2015-16 compared to a loss of Rs 101 crore in 2-014-15. ENTERTAINMENT MORE » Govinda says he knew that he’ll never work with Salman Khan again Govinda stated that the reason for his long haul was because of the presence of ‘camps’ within the industry that decide which actor stays and which gets left behind in the cold. Akshay Kumar's 'Jolly LLB 2' in a legal soup A popular shoe brand has sent a legal notice to the 'Jolly LLB 2' team for defamation and commercial disparagement after the brand was run down in a dialogue in the film's trailer for its cheap quality products. Sussanne Khan comes out in support of Hrithik Roshan If you want to know how to remain friends with your former partner, take notes from Hrithik Roshan and Sussanne Khan. The two may have parted ways in 2013, but it’s commendable how they continue to look out for each other. Other Newsletters from TOI: Breaking News | Digest | Tech | Entertainment | Movie Reviews | Life & Style Unsubscribe | To manage your newsletter subscription settings, click here. Copyright 2016 Bennett Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service