Small-cap index at new high; analysts advise caution

Analysts caution that investors may now cherry-pick based on the company’s growth prospects. Illustration: Uttam Ghosh/Rediff.com Shares of small-cap companies have been on a roll with the......

Software royalty likely to cost Centre Rs 5,000 crore every year

Sources said about hundreds of companies, including Facebook and Amazon, could seek tax refund because they import software for sale in India. Illustration: Dominic Xavier/Rediff.com The Centre is......

Payments by Indian firms for foreign software not taxable: SC

The apex court has settled the long-pending dispute between companies such as Samsung, IBM, HP & others and the tax department. Illustration: Dominic Xavier/Rediff.com The Supreme Court has ruled......

Mid-tier IT companies at more risk than big players

In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment. Illustration: Dominic Xavier/Rediff.com Mid-tier IT services firms, along......