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Tax target for FY 2012-13 achieved: Chidambaram

Finance Minister P Chidambaram on Saturday said the fiscal deficit for 2012-13 will be better than 5.2 per cent as tax collection target of over Rs 10.38 lakh crore has been achieved.“As......

In non-election year, political donations down 84%

Despite an Election Commission notification, disallowing tax benefits on cash donations to political parties, the cash contribution increased from 0.14% in FY15 to 1.42% in FY16.Saahil Makkar......

Wipro CEO Neemuchwala gets $1.8 mn pay package in FY'16

Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016. In his first......

I-T refunds worth Rs 1.22 lakh cr issued in FY'16

In 2015-16, more than 94 per cent of income tax returns were filed online and 4.14 crore returns were processed by the Central Processing Centre. The Income Tax department has issued 2.10 crore......

Infosys could be the fastest growing IT company this FY

A key positive in the results is the increasing management confidence on the road ahead.   Contrary to the weak show posted by larger peer, Tata Consultancy Services, Infosys put up robust......

India's oil import bill likely to dip 35% in FY'16

An $1 per barrel change in crude price impacts the net import bill by Rs 3,513 crore. India's crude oil import bill is likely to dip by 35 per cent to $73 billion this fiscal as global energy......

ADB to increase India lending by 50% to $12 bn by 2018

ADB pegs India's GDP growth at 7.8 per cent in FY 2015-16 Asian Development Bank proposes to increase lending to India by almost 50 per cent to $12 billion by 2018, ADB President Takehiko Nakao......
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When small is actually BIG!

Tata now occupies the fourth slot with the incremental volumes from the Tiago Smaller entities in the domestic car market are beginning to see a... ...

http://www.rediff.com/money/report/auto-when-small-is-actually-big/20170324.htm
Survey

The Public Enterprises Survey, tracking the performance of CPSEs in 2015-16, revealed that the top three loss-making CPSEs -- SAIL, BSNL and Air... ...

http://www.businesstoday.in/current/corporate/sail-bsnl-air-india-worst-performing-psus-in-fy16-survey/story/248680.html
Sensex Stays Strong; Bank Stocks Rally

Posted by Equitymaster After opening the day on a positive note, share markets in India have continued the momentum are trading above the dotted... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/P0TQwxl5BLc/tm.asp
Auto component aftermarket size to touch Rs 75,705 cr by FY20

The Indian automotive component aftermarket segment is expected to reach Rs 75,705 crore (USD 13 billion) by 2019-20, growing at a rate of 10.5 per... ...

http://www.business-standard.com/article/pti-stories/auto-component-aftermarket-size-to-touch-rs-75-705-cr-by-fy20-117032300607_1.html
Gold earned better returns than equity

While gold returned 12 per cent annual gain in 10 years, Nifty didn't exceed 9 per cent.Hamsini Karthik reports. There's euphoria on how the stock... ...

http://www.rediff.com/money/report/gold-earned-better-returns-than-equity/20170323.htm

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