As on November 15, the government kitty swelled by 42.9 per cent at Rs 1,40,373 crore (Rs 1.40 trillion) against Rs 98,216 crore (Rs 98.21 billion) in the corresponding period last year. With this, net direct tax collections till November 15 stood at 52 per cent of the budgeted target of Rs 2,67,490 crore for this fiscal.
At the end of last quarter, Tata Sons held 144,34,51,698 total shares or 73.75 per cent stake in TCS, out of which 7,95,00,000 shares were pledged.
The current cost of the food subsidy is Rs 1 trillion.
Funds raised were to support financing activities and meet working capital needs.
The company spokesperson expressed disappointment with the "unprecedented step of filing of a complaint before the NCDRC"
The chargesheet names 14 accused, including the Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea.
The government on Thursday fixed Rs 358 a share as the floor price for up to 10 per cent stake sale in Coal India on Friday, which may help the exchequer garner about Rs 22,600 crore (Rs 226 billion) in the biggest sale of shares.
The board of Oil and Natural Gas Corporation has approved an investment of Rs 5,713 crore (Rs 57.13 billion) for the second phase of redevelopment of the Bombay High in the Western Offshore.
DRI had last month issued the notice to Samsung India for allegedly evading duty worth about Rs 70 crore (Rs 700 million) while importing the tablets from South Korea between April 2012 and February 2013, the sources said.
Government sought Parliament's approval to spend an additional Rs 49,715.54 crore to meet the outgo subsidies.
Several factors force women out of the workforce. But mainly it's lack of good childcare facilities.
The government plans to borrow Rs 6 lakh crore in this financial year.
Overcoming resistance from the Left Parties, government on Thursday virtually re-initiated the divestment process by targeting Rs 1500 crore (Rs 15 billion) funds for the National Investment Fund.
This is based on Rs 100 crore (Rs 1 billion) per acre as reserve price fixed by the NTC for various properties.
Delhi government Thursday told the Supreme Court that 8049 police personnel are deployed for giving protection to VIPs in the national capital at a cost of Rs 341 crore to the exchequer annually.
While FMCG companies lose Rs 98,928 crore in m-cap, consumer durables stocks are down Rs 20,673 crore since November 8.
At issue size of Rs 10,355 cr, the offering will be Asia's biggest this year and fifth-largest domestically.
The government on Monday sought Parliament approval for gross additional expenditure of Rs 44,945 crore in the current financial year. Of this, the net cash outgo will be Rs 19,812 crore, while the rest will be met by savings of the ministries or enhanced receipts. A significant part of this additional grant would be spent on food and fertiliser subsidy.
When AS-15 became operative in 2006, the initial estimate for additional pension provisioning was estimated at Rs 6,000 crore. However, the latest wage revision may bring in an additional 275,000 bank employees who opted for PF. Banks may also provide for the pension liabilities of 65,000 employees who have retired but have been seeking resort to the defined pension scheme since 1996. This will require additional provisioning of Rs 6,000 crore.
The company aims to bring in a million on-board sellers in the next three years.
The government on Wednesday cleared financial support worth Rs 2,700 crore (Rs 27 billion) for Bharat Sanchar Nigam Ltd to be paid in the current and next financial year.
Currently BMW sells more than a dozen models in India out of which eight assembled locally at its Chennai plant
This equity capital infusion is the country's largest-ever FDI.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Bupa and Axa have already declared their intention to raise stakes.
City sales stood at 4,600 units in September.
Despite only Rs 2,000 crore (Rs 20 billion) mopped in the first half through disinvestment, the finance ministry said on Tuesday it is 'confident' of meeting the Rs 40,000-crore (Rs 400-billion) target for the current fiscal, as there is enough appetite in the market.
This acquisition marks Lupin's foray into the Japanese branded market in-line with aspirations to build business globally.
The Anil Agarwal promoted Vedanta Aluminium (VAL) plans to invest a whopping Rs 60,000 crore in aluminium, alumina and power sector in Orissa by 2013.
The state-owned Indian Oil Corporation may see revenue loss on fuel sales jump 63 per cent to over Rs 42,540 crore (Rs 425.40 billion) in the current fiscal.
At the reserve price, these auctions will take the total fund raising to at least Rs 3,100 crore (Rs 31 billion).
The Noida-based company, which filed the draft prospectus in May this year, is awaiting approval from the market regulator Securities and Exchange Board of India.
Mop-up trends hint at major slippage; CBDT braces to meet Budget target.
Other companies which are on the block include NMDC, NALCO and IOC.
The company's revenue rose 16.08 per cent to Rs 25,668 crore.
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It is normal practice for Indian governments to go to parliament for spending not included in the annual budget.
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The government has also raised the duty on gold ore/ concentrates/dore bars and silver dore bars ranging from 7 per cent to 10 per cent.
Bharat Sanchar Nigam Limited on Thursday said it had set a target of rolling out one crore (10 million) mobile telephone connections in the country for which work would begin from April next year.\n\n
'Anything you buy from any Future outlet should have financing options by us'
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