"After sinking in Rs 6,000-7,000 crore in the Nano till date, what is the result?"
If receipts from disinvestment, tax buoyancy and black money scheme offset shortfall in spectrum sale, higher expenditure due to pay commission's recommendations and capital expenditure, then the government would be able to meet the target of controlling fiscal deficit at 3.5 per cent of GDP this financial year.
Mistry indeed followed standards of corporate governance so that it should not create any controversies at a later date
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
The sale of Essar Oil was India's biggest deleveraging exercise undertaken by any debt-heavy group
At $12-bn valuation, this will be India's largest FDI; deal to be announced on Saturday, says Dev Chatterjee.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
'GST gives a huge relief to small businesses of India and West Bengal.'
Accumulated sum Rs 31,500 crore in 2015-16
Assets worth only Rs 4,000 cr declared till mid-August; govt expects pick-up in last 2 weeks
Middle class constituted about 49 per cent of the total tax payees in financial year 2011-12
The Aditya Birla Group announced the merger of its two holding companies, Aditya Birla Nuvo and Grasim, to make the holding structure clearer, ensure stable cash flows and unlock value in its financial services arm
Petroleum being out of the goods and services tax initially will create some anomaly as tax credit on some of the inputs to oil industry may not be given, said revenue secretary Hasmukh Adhia.
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
Make In India and the reduction in barriers of trade will potentially create a growth environment.
Vishal Kampani has big shoes to fill as his father is close to the Ambanis, the Wadias and the Ruias, says Dev Chatterjee.
The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.
A GST roll-out by April 1 looks difficult, giving the companies some succour.
Vishal Kampani said one of the important lessons he learnt from his father was to be humble.
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