Tel Aviv [Israel], July 6 (ANI): To revitalize and steer Indo-Israel economic and investment relations, the first formal meeting of India-Israel CEOs forum was organized here on Thursday to coincide with the visit of Indian Prime Minister Narendra Modi to Israel.

New Delhi [India], July 6 (ANI): Revenue Secretary Dr. Hasmukh Adhia on Thursday chaired the first Goods and Services Tax (GST) Master Class, a series of sessions aiming to assist taxpayers and traders adapt better to the new tax regime.

New Delhi [India], July 6 (ANI-NewsVoir): Countries in Asia, including India, continue to grow the captive elephant industry for elephant rides and performances to meet irresponsible tourist demands.

New Delhi [India], July 6 (ANI): Provisional figures for direct tax collections up to June, 2017 show net collection at Rs. 1.42 lakh crore, which was 14.8 percent higher than net collection for the corresponding period of last year.

New Delhi [India], July 6 (ANI): Japan is looking to explore market potential in South-East Asia.

New Delhi [India], July 6 (ANI): Moglix, a B2B e-commerce start-up on Thursday announced the closing of Series B round of funding at USD 12 Million. The round saw participation from International Finance Corporation (IFC), a member of the World Bank Group and Rocketship.vc, along with Moglix's existing investors- Accel Partners, Jungle Ventures, Shailesh Rao, ex-VP Twitter and Google, and Venture Highway advised by Neeraj Arora of Whatsapp.

New Delhi [India], July 6 (ANI-NewsVoir): Chintels India Ltd. (CIL) a real estate development company in the process of developing over 600 acres of self-owned prime land in and around Dwarka Expressway bordering and including Delhi, announced the completion and commencement of handover of its first development 'Chintels Paradiso', a group housing project in Sec 109, New Gurgaon.

Jerusalem [Israel], July 6 (ANI): Dynamatic Technologies Ltd (DTL), Israel Aerospace Industries Ltd. (IAI), and Elcom Systems have announced a strategic cooperation, to jointly address the needs of the Indian UAV market, under the "Make in India" initiative of the Indian Government.

New Delhi [India], July 6 (ANI): Taxi and auto aggregator Ola on Thursday announced that its connected car platform, Ola Play, registered a 200 percent quarter-on-quarter growth in terms of the number of rides, and is now installed in over 50,000 Prime Play Cars.

Rochester [United States), July 6 (ANI-Businesswire India): The Simon Business School at the University of Rochester on Tuesday announced the establishment of the Rajesh Wadhawan Professorship for Development Economics with an endowment of USD 1.5 million from WGC. The professorship commemorates the Group's Founder Rajesh Wadhawan and his vision of empowering deprived sections of society through fair and respectable access to credit.

New Delhi [India], July 6 (ANI): Following the successful rollout of the Goods and Services Tax (GST), the GST Network (GSTN) has been receiving an average of 10,000 calls per day from traders and tax payers to clear their confusion and help them adapt to the new tax regime.

New Delhi [India], July 6 (ANI): Cyient Corporation, on Wednesday signed a non-exclusive business alliance agreement with KII Corporation, an Internet of Things (IoT) solutions enablement platform provider, to explore, bid and address business opportunities around deployment of Smart City.

New Delhi [India], July 5 (ANI): Union Tourism Secretary Rashmi Varma on Wednesday said that the tourism sector suffers from a gap in terms of world-class infrastructure development in the country's tourism destinations, and therefore, the government is looking into giving infrastructure status to smaller units and making the ministry's website more dynamic and robust to make all relevant information available online.

New Delhi [India], July 5 (ANI): Citing the case of Pakistan taking over the European Market in the export of Basmati rice to the European Union after its virtual ban on the import of Indian rice, the All India Rice Exporters Association (AIREA) wrote to Prime Minister Narendra Modi, seeking his intervention in the matter.

New Delhi [India], July 5 (ANI): In a move to pass on the benefits of the Goods and Services Tax (GST) to its customers, Renault India on Wednesday announced a price reduction in its products, depending on the state, model and the variant purchased, basis the tax rates applicable prior to the GST.

New Delhi [India], July 5 (ANI): Online automobile platform, Droom on Wednesday raised USD 20 million (Rs. 130 crore) in its Series C funding led by Integrated Asset Management and Digital Garage.

New Delhi [India], July 5 (ANI): Online shopping portal Voonik on Wednesday revelaed that within one month of inception of its loyalty program, Voonik Primo, 25 percent of the orders made on the portal were received from Primo members.

New Delhi [India], July 5 (ANI): The Centre on Wednesday clarified that in the context of the new Goods and Services Tax (GST), the five percent tax slab will be levied only on the supply of those goods whose brand name or trade name is on the Register of Trade Marks and is in force under the Trade Marks Act, 1999.

New Delhi [India], July 5 (ANI): An ASSOCHAM-APAS study has revealed that with the rollout of the Goods and Services Tax (GST), the industry alone is expected to contribute USD 280 billion to India's Gross Domestic Product (GDP) in the next eight to nine years.

New Delhi [India], July 5 (ANI): Against the backdrop of the rollout of the Goods and Services Tax (GST), Tata Motors on Wednesday announced a price reduction by up to 12 percent, aiming to pass on all the benefits of the new tax regime to its customers.