An assessing officer can initiate proceedings for prosecution from three months to two years, along with a fine.
The S&P BSE Midcap and the S&P BSE Smallcap indices slipped in red to shed over 1% each
As even bigger road construction players are not willing to bet on BOT projects., NHAI will have to rethink its thrust on the BOT model.
Side indices raced ahead with BSE Midcap and BSE Smallcap advancing 0.4% and 0.3% up, respectively.
Rs 500 bill accounts for over 51 per cent of the value of currency in circulation.
Honda has grown from 15% in FY12 to 27% now; Yamaha has doubled share to 5% in five years.
The agency said the move on liquidity will lead to an ease in the situation.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
These sectors are seeing a marked slowdown, as consumers are postponing purchase decisions amid uncertainty and severe cash crunch, report Ram Prasad Sahu, Sheetal Agarwal & Ujjval Jauhari from Mumbai.
While the government has infused huge capital into PSBs, the same has largely been used to mitigate losses and has failed to contribute meaningfully to credit growth.
With India contributing only 2% to its revenues, the multinational is focusing more on key markets like the US and China.
Mid- and small-cap companies seem to have done better than top-tier companies
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
Devangshu Datta highlights the silver lining for the long-term investor.
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
India Inc's investment project announcement falls to Rs 11.3 trillion. In the coming months, the pace of investments would depend on how soon consumption demand picks up and private sector investment ramps up investment in infrastructure.
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
Miss the March 31, 2018 deadline to file belated tax return for FY16, and risk an I-T notice and a hefty fine.
Private sector investment is likely to improve mildly in H2 of FY17, even though signs from investment data are not encouraging.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
Global brokerage Nomura has increased its one-year target of benchmark BSE Sensex to 30,310.
Government's effective supply-side measures and commendable commitment to fiscal consolidation will have a salutary impact on inflation, says the RBI report.
Tata now occupies the fourth slot with the incremental volumes from the Tiago
Wonder why corporate India is showering dividends?
Industrial production (IIP) grew to a three-year high of 6.4 per cent in August, up from 4.1 per cent in July.
Gujarat and Jharkhand are most favourably placed in terms of smaller share of public sector employees and lower liability on pension, wages and salaries.
Large states like Andhra, Chhattisgarh, Gujarat, Himachal, MP, Odisha, Punjab and Tamil Nadu would need compensation from the Centre
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Unless these companies falter on growth or external and domestic factors play spoilsport, analysts expect them to do well
The brokerage said it expected corporate earnings to turn around.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
The domestic car sales volume of the company is also growing at 15%
From Accenture to IBM, IT hiring is set to gain pace where most of these openings are for lateral hiring for people with 4-6 years of experience.
The airlines in India are expected to add around 370 aircraft worth Rs 150,000 crore (Rs 1.5 trillion) to their fleet by FY17, according to a study by Assocham.
Investors remain cautious ahead of F&O expiry.
This is good news for the central government at a time when crude oil prices are rising.
Its trajectory in telecom is well known but now it is pushing for a similar leap into the ranks of the top players in its other businesses: media and entertainment, e-commerce, a series of online businesses ranging from health to education, and retail.
High regulatory expectations and advent of discount broking have made old-style brokerage businesses unviable.
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