Securities and Exchange Board of India on Tuesday decided to make it mandatory for top 500 listed companies to facilitate e-voting, making it easier for shareholders to participate in key decisions without being physically present in the meetings.
The government plans to implement the single rate GST, which would subsume central excise, service tax and other local levies, from April 1, 2016
Blackberry enables subscribers to receive and send e-mails in the form of SMS through mobile phones. The service has come under official scanner, as communication sent using it is routed through servers located abroad and cannot be intercepted by security agencies in New Delhi. The officials did not name the company that has offered to help monitor Blackberry content, but sources said there are a few Swiss and Canadian companies who have developed software offering security t
The Indian information technology industry is relieved at the US Senate's decision to block the proposed 'Creating American Jobs and Ending Offshoring Act', that sought to offer a tax holiday for employers moving jobs to the US from abroad.
Rupee depreciating to an all-time low of Rs 57.30 to a US dollar has wiped away most of gains arising from oil dropping below $90 a barrel for the first time since December 2010.
Prime Minister Narendra Modi on Wednesday said he has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.
India's pharma companies are moving beyond generics to set their sights on the research and development of new drugs, but the risks are many
Success of Nokia in India has motivated Finnish companies to look at the country as an attractive investment destination, especially its lucrative telecom sector.
The corporate entities have decided to reach out to the employable womenfolk in hinterland to disseminate information about the employment opportunities and good working condition in the mills.
Important appointments at these companies have been stuck for long
The dollar fell below 100 yen earlier on Thursday for the first time since 1995. The rise of yen against the dollar is no cause of major worry for Indian firms as their yen loans are mostly covered. Forex experts said that 90 per cent of yen loans have been hedged. But if they are not, corporates will take a mark-to-market hit when they value their liabilities at the year-end date. Since rupee too has risen against the yen, there is no serious cause of worry for India Inc.
Out of the 30-share Sensex pack, 25 scrips ended with gains while 4 registered loss. Sun Pharma ended steady
The decision is a part of a surveillance review.
Pharmaceutical companies, which are sending across medical aid for flood affected people in Jammu and Kashmir, claim to be facing difficulties in distribution of drugs.
Consumer durable makers like Sony, LG, Panasonic and Whirlpool are expecting up to 35 per cent growth in the upcoming festive season and are pulling out all stops as the sector eyes a rebound from a prolonged slump.
Atherstone Capital Markets has come up with India IPO Index, which is an index of companies listed on the stock exchanges.
Oil companies have welcomed the hike in petrol and diesel as it will help them cut losses on sale of fuel.
Between April and June, 186,000 people started work in Britain, of which 145,000 were foreigners and 41,000 were British.
More than half of the small-scale pharmaceutical units operational in India have either closed down or indefinitely suspended business activities in the last two years, having being struck by un-favourable government policies and the inability to compete with big companies in the changing business environment.
'All commanding officers and their superiors are sure to have taken note of the betrayal that killed Colonel Rai. Corrective measures will be taken quickly. And the Indian Army will continue to do its duty without rancour and remorse.'
IT major TCS worst hit; it's m-cap slumped by Rs 11,811.13 cr to Rs 4,92,042.26 cr
De-allocation could raise import bill by $3 billion, add to coal shortage.
According to a source close to the development, the investment advisory committee of the Insurance Regulatory and Development Authority has suggested far-reaching changes to make the investment norms more flexible, while adhering to the existing prudential investment guidelines.
Over 70 per cent of these companies have increased staff since 2005, and expect to create another 3,400 jobs this year.
Corporate India is bullish about its hiring plans in the July-September period this year, with companies looking beyond metros to smaller cities in its search for talent, a report by staffing firm TeamLease said.
ONGC and Oil India might be hit because of this additional burden which they might have to take because of crude going to $100 per barrel.
Except RIL and CIL, the remaining eight companies among the top 10 witnessed slump in their m-cap
Sun Pharma and TCS winning big amid recovery in broader market
Brand name Reliance finds a place in the prestigious American business magazine Forbes -- be it promoted by Ambanis or a company in the United States.
The US military industrial complex is pulling out all the stops to secure the $10 billion deal for 126 fighter aircraft for the Indian Air Force and in its latest manifestation has co-opted a top Pentagon official to make a strong pitch for why this sale should be won by US defence manufacturers.
Industry estimates peg the turnovers of MNCs like Dell, Intel, Microsoft and IBM at well over the half-billion dollar mark. Firms, like Cisco, are said to have crossed the billion-dollar mark in domestic sales in 2006-07, and for a player like HP India, it is estimated in excess of $2.5 billion.
In a written answer to Lok Sabha, Minister of Corporate Affairs Prem Chand Gupta said investigation reports have been received in 23 cases and instructions issued to Serious Fraud and Investigation Office to prosecute the concerned persons. Investigations against four entities having links with Parekh - Triumph securities, Nakshatra Softwares, Goldfish Computers and Luminant Investrade - have been completed.
The Centre on Friday announced a special voluntary retirement scheme for employees of four public sector general insurance companies to cut the excess flab.
Companies such as Larsen & Toubro and Bharat Heavy Electricals Ltd believe the undervalued renminbi (yuan) gives Chinese goods an unfair advantage in Indian markets.
GMR, Tata, Jindal will set up hydro projects in Nepal, sell power to India.
TCS took the steepest hit among the top-10 firms as its m-cap plunged Rs 17,334 cr
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