The queries, sent in November, were mainly about Capital Investment Trust, which the I-T department said, was used for the purpose of transferring foreign funds comprising GDRs of the value of $400......
The income tax department has asked Reliance Port and Terminal, a Reliance Industries group company, to pay tax of about Rs 400 crore (Rs 4 billion) for assessment years beginning 2000-01,......
It always helps to be part of a rich and powerful lineage. That should explain why the newly born Reliance Petroleum, subsidiary of the country's largest private enterprise Reliance Industries,......