During a series of hectic talks between Cairn Energy and the Indian government over the $1.2-billion arbitration award in favour of the former last week, a slew of options was proposed by the two sides, including computation of capital gains and participation in the Vivad se Vishwas (VsV) dispute resolution scheme. The government is likely to go ahead and appeal against the arbitration award by a Permanent Court of Arbitration at The Hague before March 21, indicated finance ministry officials. Cairn Energy Plc on Sunday said it was hopeful that an acceptable solution to its tax dispute with the Indian government could be found to avoid prolonging and exacerbating the 'negative issue' for all parties.
Flipkart also faced criticism earlier this year after it deferred the joining dates for campus recruits from the Indian Institutes of Management and Indian Institutes of Technology
Eyeing a foothold overseas with a focus on services for medical value travellers, Thiruvananthapuram-based Kerala Institute of Medical Sciences is working on a five-year plan to develop centres in international destinations.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
ITC is one of those few enterprises in the world that has traversed a 100 year journey and has yet managed to remain contemporary, relevant and competitive.
The S&P BSE Sensex has dipped five per cent, thus far, in CY15.
The Tata empire turns 150 this year. R Gopalakrishnan, former director, Tata Sons Ltd, imagines a conversation among the group's founder Jamsetji, his son Dorabji, his successor, Nowroji Saklatwala, and his successor, J R D Tata.
Education, jobs, health and more: Experts share their wishlist.
Data shows that the current system of decentralised marketing and centralised procurement helps Punjab and Haryana farmers the most, while its efficacy in other states has been poor. Experts and farm leaders say success of the laws rests heavily on implementation.
At TCS, Chandrasekaran would be succeeded by Rajesh Gopinathan, currently the company's chief financial officer.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The Congress had won over 400 seats in the 1984 Lok Sabha election after which Rajiv Gandhi became the prime minister.
These consistent performers are expected to maintain momentum.
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
'He should bring in a working president from outside the family.'
Bupa and Axa have already declared their intention to raise stakes.
The government has been taking steps to promote cashless or digital transactions to take India towards a less-cash economy
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Indian coffee shops market over the next four-five years will grow between 6 and 18 per cent CAGR, all due to the growing coffee culture among the youth, increasing urbanisation, rising disposable income levels and changing eating and drinking preferences, says Atanu Biswas.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Sanjeev Nayyar offers a roster of things to do to see the India of our dreams.
Indian equities are no longer cheap vis-a-vis global markets, and only a short distance away from being the most expensive they have ever been.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
People who have no access to or do not trust the financial system are the only ones for whom investing in gold makes sense, says Naval Goel.
How Chanda Kochhar and her husband Deepak Kochhar find themselves in a huge controversy.
The company also expects to benefit in its proposed banking foray through partnership with Japan's Sumitomo Mitsui Trust Bank and Nippon Life Insurance
Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the rescuer, observes Tamal Bandyopadhyay.
Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.
Just as they were about a kilometre away from the stadium, Taufel says, he heard something that sounded like firecrackers.
With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike
If you default, it will affect your credit score and your career.
After last year's lull, number of offers jump by 15%.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Their offer values Fortis at over Rs 9,000 crore, or around Rs 172 per share.
A deal, where a founder has brought back stake from early investors before an initial public offering, is unheard of in India or pretty much anywhere else, analysts pointed out.
Some experts says that the high net-worth requirement of Rs 50 crore for setting up an IU is a deterrent.
An area of worry relates to simplification of the refund procedure where the inverted duty structure prevails
The year 2018 is likely to be steady in terms of institutional investment into real estate
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future