Collection will have to rise by 30 per cent in the remaining period of the financial year to achieve the Budget estimate.
Hyundai Mobile, a unit of South Korean conglomerate Hyundai Corp, has entered into a strategic partnership with State Trading Corporation for selling mobile phones in India under which the PSU will give an import funding assistance of Rs 200 crore (R
The country's largest lender SBI on Thursday reported a 4.20 per cent decline in consolidated December quarter net at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500 crore one-off income. On a standalone basis, the city-headquartered lender's net profit came in at Rs 5,196.22 crore as against Rs 5,583.36 crore in the year-ago period and Rs 4,574.16 crore in the preceding September quarter. SBI chairman Dinesh Kumar Khara told reporters that the year-ago period had seen the resolution of the Essar Steel loans, resulting in an over Rs 4,000 crore interest income and Rs 500 crore other income benefit.
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
The rates for IC 103 Mumbai-Bangalore flight have been revised to Rs 3,900 for economy class (against a normal fare of Rs 4,605) and Rs 5,600 (Rs 6,605) for executive class, the airline said in a release on Friday.
Jindal Steel and Power Ltd will set up a 1000 MW (250x4 units) power plant, accorded 'mega project' status, in Raigarh entailing an investment of Rs 3,900 crore.
Finance secretary R S Gujral too is believed to have met top Vodafone officials in Mumbai last month.
MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.
Since its rollout 13 months ago, the new indirect tax has yielded Rs 1 trillion only in in April 2018
The Turbo boasts of new design, hardware and, most importantly, strong build.
Describing the summit as 'positive and constructive throughout', the chief minister said a lot companies have committed to invest in money into the state.
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
Prince William and Duchess of Cambridge Kate Middleton, have arrived in Bhutan for the start of a two day visit to the remote mountain kingdom. The couple touched down at Paro International Airport on Thursday morning.
The bid by Facebook highlights the company's efforts to accelerate its push into video as it tries to take advertising dollars from television and increase the time people spend on its platform.
While Delhi, home to 22,000 millionaires and 18 billionaires, has a total wealth of USD 450 billion (Rs 30,15,000 crores), Bengaluru boasts of a total wealth of USD 320 billion (Rs 21,44,000 crores). The city is home to 7,500 millionaires and eight billionaires.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
'Earlier I'd send money back home.' 'Now I've to take from them.' 'I'm completely heartbroken, scared for what the future holds.'
The real hot tech is here.
He, however, added that most of the private hospitals in Delhi were good and only a couple of them were indulging in such malpractice.
The search for the missing Malaysia Airlines flight MH370 has revealed a previously uncharted shipwreck.
'The government had a vaccine from January.' 'The government should have given the vaccine to all population above the age of 45, right from the start.' 'Each state has its own problems, but as far as vaccine coverage in India is concerned, there have been mistakes.'
Most of the individuals hail from Mumbai, Kolkata, Ahmedabad, Surat, and Delhi
Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.
The players auctions for this year's IPL is scheduled for this weekend. Rajneesh Gupta looks at the players retained and released by the teams for IPL 2017.
Large states like Andhra, Chhattisgarh, Gujarat, Himachal, MP, Odisha, Punjab and Tamil Nadu would need compensation from the Centre
The government is ready to support Air India, but wants the airline to improve its performance.
The rupee has been witnessing an unprecedented plunge in its value as it dropped to an all-time intra-day low of 68.75.
Polling will take place amidst tight security in 13 Maoist-affected constituencies in the first phase of 5-stage elections to the 81-member Jharkhand Assembly on Tuesday.
In Kolkata, there is a community of chartered accountants, and it is easy to find 'directors', who for Rs 5,000 will sign anywhere.
The project is scheduled to be completed by March 2019, while work is expected to start by this financial year.
While giving a clean chit to Gujarat Chief Minister Narendra Modi for the 2002 communal riots in that state, Bhartiya Janata Party president Rajnath Singh on Thursday dropped a bombshell by virtually blaming former Prime Minister Rajiv Gandhi for the anti-Sikh riots that followed the assassination of his mother, the then Prime Minister Indira Gandhi in 1984.
Sony's estimated profit on IPL over 10 years is 2,500 crore. Why didn't it fight tooth & nail to keep the rights?
More than 90 police cars, fire brigade engines and other city government vehicles saluted Dr Uma Rani Madhusudana for her non-stop, tirelessly devoted work in the care of COVID-19 patients at a hospital over 8 difficult and dangerous days.
Consultants say at Rs 1,442 a sq ft, the developer has got a good bargain.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
With the flood threat continuing to loom large over the valley, the Army has started the evacuation process in Srinagar as the city experienced fresh rainfall on Tuesday.
Air India is aiming to improve its financials by pruning loss-making flights, improving fleet use, increasing web sales and selling & leasing back 14 Boeing 787s by March-end, top airline executives said on Monday.
