This amendment is proposed to be made retrospectively effective from FY16 onwards.
The change in the latest Budget will impact the sale and rent of SEZ units of companies like Adani Port, which has large SEZs in Mundra.
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
The deal comes at a huge cost to minority shareholders who have till date lost close to Rs 5,500 crore that were written off United Spirits' books
Percy Mistry says things at market regulator Sebi are also in bad shape.
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
Business should be pleasure, not pressure, believes Thrissur-based T S Kalyanaraman.
Congestion on Mumbai roads has become chronic.
However, the IT firms will get some benefits, as software exports from their Chinese campuses will yield more in local currency
Yuan depreciation will make imports in China more expensive, depressing demand, especially for commodities.
Indian CEOs might like to make some serious course correction.
Cricket doesn't need development. In football there are two elements - one is the game and the other is the philanthropy element. Cricket is a purely commercial decision.
The rupee's fall against the dollar is bad news for companies which have increased their exposure to foreign currency loans in recent years.
The Duncans Goenka group is in a spot of bother over the death of workers and non-payment of dues to employees.
It took the Aditya Birla group four years to make up its mind on entering the the burgeoning e-commerce market in the country.
Kingfisher Airlines owed Indian banks Rs 7,000 crore as of January.
Sanjiv Puri is likely to steer more buys to achieve a turnover of Rs 1 lakh cr from the new FMGC businesses by 2030.
'Investors are now getting clarity on policies.'
Ajay Banga, the 55-year-old CEO of MasterCard, is on a roll.
Ajay Piramal bets highly on infrastructure, realty
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