The nearly Rs 15,000-crore India unit of Coca-Cola derives the bulk of its revenue from its core business of selling cola drinks
Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.
Besides Vodafone, several other major MNCs like Nokia and Shell were locked in tax dispute with the revenue department.
Assessing the shape of the Indian economy just a couple of days ahead of the Union Budget for 2016-17, Saugata Bhatacharya, senior vice president and chief economist, Axis Bank, speaks about his budget wishlist and suggests measures that can help finance minister Arun Jaitley achieve the targeted fiscal deficit of 3.5 per cent of India's gross domestic product.
Finance minister tries to put house in order before reforms are unveiled in February.
A brainchild of Vishva Hindu Parishad leader Pravin Togadia, many find its agenda divisive
'SC and ST entrepreneurs are showing promise in starting and running businesses'.
He endorsed transparency and financial stability in addition to issues related to inclusive growth and development, write Puran Singh and Nupur Pavan Bang.
The PM alleged that a 'PC' (percentage commission) culture has become the state government's identity.
'Our priority will be to settle land disputes in Bihar, which I believe is the root cause of almost all crime in the state.'
A drunken conversation tipped off Thane Crime Branch detectives to the unprecedented scam targeting unsuspecting Americans from call centres in Thane.
Paris attacks took the centre stage at the G20 Summit on Sunday with Prime Minister Narendra Modi calling for a united global effort to combat terrorism as world leaders joined a clarion call to eliminate ISIS network.
We are entering a period of turbulence, but you can profit off that volatility.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
A number of significant linkages between rainfall and economic outcomes have policy implications.
Collateralisation of other loans and prior approval for additional leverage are things to watch out for
Rosneft bought a 49 per cent stake in Essar Oil's refinery port and petrol pumps, while Netherlands-based Trafigura Group Pte, one of the world's biggest commodity trading companies, and Russian investment fund United Capital Partners split another 49 per cent equity equally.
2015 is going to witness new agreements on climate change.
Education is not simply a private affair whereby we can say that good money buys good education and little money buys not-so-good education, says Shubhashis Gangopadhyay
In spite of Budget's rural focus, the government has consistently stumbled in agriculture, says Shreekant Sambrani.
Upon implementation of the 7th Pay Commission the expected yearly burden on the central exchequer will be more than Rs 100,000 crore. Central government employees will get on an average a 24 per cent pay hike. Still, the unions aren't happy.
An industry of scamsters is operating in the guise of call centres in India.
'If we play our cards right, we may even benefit from the competition between the US and China as seen from increased investment from each of these countries into India.' 'The size of our market gives us an important lever of power which we shall have to play adroitly and intelligently,' points out Ambassador Gautam Bambawale -- who served as India's envoy to China -- in the Professor V M Dandekar Memorial Lecture 2019, delivered on March 8, 2019 in Pune.
A strong proponent of the GST, Adi Godrej has been saying for five years or more that it will add one per cent to India's gross domestic product (GDP).
In 2015, India chemicals industry had a market size of $144 billion.
Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.
Apparently resorting to a pacifier after the Maharashtra Navnirman Sena agitation on toll collection, the state government on Thursday assured party chief Raj Thackeray that it would draft a new policy on the issue before the model code of conduct for the Lok Sabha elections comes into force.
Nitin Gokhale, national security expert and founder BharatShakti.in, tells us what the controversy is all about.
Affaq Husain and his wife Saira built a Rs 100 crore empire preying on the most vulnerable people in society.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
'It is not that he has not committed any mistakes; he has.' 'But people were willing to forgive you if you were honest.'
Como Stocks & Properties is into property development.
'We are completely engaged in fighting poverty; alas, our neighbour Pakistan seems only engaged in fighting us.'
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
It is high time old boys' clubs inside many large corporations come under serious scrutiny for protecting one of their own.
Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.
A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation.
'While Modi is undoubtedly the star of the show, the online sphere has found in Modi the champion to re-engineer what it means to support the right.'
Adani Enterprises plans to invest a total of $25 billion in the next five years.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances