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Share buyback tax was not warranted

Levying buyback tax at a flat rate of 20 per cent (plus applicable surcharge and cess), irrespective of the period for which shares are held will be a dampener for equity shareholders who take......

Kerala moves ahead with rebuilding exercise

Kerala government on Friday spelt out steps to raise funds to rebuild the state ravaged by floods, even as opposition United Democratic Front demanded a judicial probe into the......

Wipro appoints Satya Easwaran as India head

IT major Wipro Limited has appointed Satya Easwaran, a former senior executive at consultancy KPMG, as its India head. Easwaran will be in charge of strengthening Wipro's business in India across......

54 companies wait in the wings with IPOs worth Rs 1.4 trn

Fundraising activity in the upcoming financial year 2022-23 may even surpass FY22 when 52 Indian companies raised a record Rs 1.11 trillion via initial public offerings (IPOs). Illustration:......

NSE in firefighting mode to minimise reputational harm after Sebi's order

The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India’s (Sebi’s) order against its......

Now, ready-to-eat fryums papad to draw 18% GST

Deciding the goods and services tax rate on fryums papad could be a messy affair with the Appellate Authority for Advance Rulings (AAAR) of Gujarat now ruling that the ready-to-eat product would......

Automakers in India gear up to launch affordable EVs

What has led to the change in priorities? Forty-six of the world’s 100 most polluted cities are in India! Shally Seth Mohile reports. India’s electric mobility goal, which has so far......

Which films are coming up on OTT? Find out!

Prime was the first to grab streaming rights for seven titles for an estimated Rs 300 crore.Viveat Susan Pinto reports. IMAGE: Vidya Balan in and as Shakuntala Devi: Human Computer. Shoojit......

Gulabo Sitabo on Amazon: Producers earn Rs 20 crores profit

Gulabo Sitabo was made with a budget of Rs 40 crore to Rs 45 crore.Amazon Prime bought the streaming rights for Rs 60 crore to Rs 65 crore, helping the producers make over Rs 20 crore.Surajeet Das......

Lockdown effect: Rs 3,500 crores stuck in Hindi/Telugu/Tamil movies

'Maybe it's time for Plan B for the film industry.'T E Narasimhan reports. IMAGE: Cricket legend Kapil Dev with actor Ranveer Singh who plays him in Kabir Khan's film '83, which was to have......

CAS upholds FIFA ban on Russian teams while court deliberates

IMAGE: CAS said in a statement on Friday that the suspension of all Russian teams and clubs from FIFA's competitions would remain in force. Photograph: Dado Ruvic/Illustration/Reuters Russia's......

Indian origin golfer Megha in surprise lead at US Open

IMAGE: High school student Megha Ganne, 17, is the first amateur in 15 years to take the lead in the first round of the US Women's Open since Jane Park achieved the feat in Newport Country Club in......

Indian women golfers set to make history at LPGA event

Aditi, Diksha, Tvesa to play at Ladies Scottish Open. IMAGE: I have been waiting for this for long, says Diksha Dagar. Photograph: Tom Dulat/Getty Images In a first for Indian women's golf, three......

Football: 'Player value will fall by 18% post-COVID'

'The top 20 players - for example Kylian Mbappe, Mohamed Salah, Eden Hazard and Neymar - will see a value decline of 13%.' IMAGE: New signing Eden Hazard is unveiled by Real Madrid president......

Top 10 earning clubs in Deloitte 'Football Money League'

Real, Barca topple United off perch to become top earning clubs IMAGE: Real Madrid players celebrate with the trophy after defeating Liverpool 3-1 to win the UEFA Champions League final in May......
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