The finance minister also provided some relief to readymade garment manufacturers by raising the abatement available for levy of taxes on retail price of some branded garments and textile made-ups.
Leading conglomerate ITC will soon increase prices of cigarette brands like Classic and Gold Flake Kings by up to 15 per cent per pack.
But it may come with a downside risk of further rise in prices of several products.
Labelling All India United Democratic Front chief Badruddin Ajmal as the 'enemy of Assam', state minister Himanta Biswa Sarma on Sunday asserted that he is an extremist in protecting Indian and the Assamese culture.
'What motivated us was that a lot of people, especially youngsters, had a negative image about India.'
'To become more Indianised we had to be more colourful,' Rahil Ansari, Audi's India head, tells Ajay Modi.
India is an under-penetrated ATM market with only 98 ATMs for every 10 lakh of population.
Most people around the world know Bruni as Italian-born French songwriter, singer and former model, but few know that she is also the brand ambassador for Global Fund, an international financing institution that invests the world's money to save lives, especially victims afflicted with HIV/AIDS, tuberculosis and malaria.
A panel headed by Economic Affairs secretary Arvind Mayaram had suggested FDI limit be raised to 49 per cent in almost all sectors through the automatic route.
"There is a lot of opposition from the garment industry, but we are not in favour of a complete rollback of the duty. We understand their concerns and will try to address these. We may simplify some procedures for them," said a finance ministry official.
On retirement, you will draw a lesser amount as pension.
Mobile handset prices will become more expensive as Finance Minister Pranab Mukherjee on Monday announced one percent hike in the Central Excise duty for 130 items, including phones.
The finance ministry has agreed to furnish sovereign guarantees on loans raised by National Aviation Company India Ltd, which flies under the Air India brand name. A top source in the ministry confirmed: "Yes, we will provide sovereign guarantee to Air India on its loans. After all, it is a company owned by the government."
The government has tried to remove as many glitches as possible, says Chidambaram.
CSK is reinventing itself to get rid of the controversies and improve brand value
A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.
Ozil called minority Uighur Muslims 'warriors who resist persecution', has not gone down well with China. China is EPL's most lucrative overseas market. Could Arsenal suffer fallout?
Havells will acquire the entire consumer business infrastructure, people and distribution network. Plus all intellectual property of the Lloyd brand, logo, trademark and attendant rights.
The list of corporations publishing biographies has lengthened steadily as companies have realised the effectiveness of story telling as a brand building tool. Kanika Datta investigates the rising trend.
The industry is hoping the Tatas deepen their dive and offer two stable airlines -- a Vistara merged into Air India servicing the international routes, and an AirAsia India merged with Air India Express that competes with the low fare airlines in India and offers destinations within five hours, says Anjuli Bhargava.
Pakistan has quietly banned Tehreek-e-Azaadi Jammu and Kashmir, a new front for Hafiz Saeed's Jamaat-ud-Dawa, as international pressure on the country grew, including from a global watchdog, to combat terror and its funding.
A new logo, colour and tagline were unveiled last month.
As India's online population crosses 450 million, e-commerce ventures are trying to grab a pie of online sales estimated to hit $48 billion by 2020.
Insurance companies are going all out to grab eyeballs.
The CBI has shared its findings with the Enforcement Directorate.
Decision-making is stretched because of differences in views between ministries.
After months of pursuing PT Megasari Mamsur, the Indonesian household product maker, Godrej Consumer Products Ltd on Tuesday announced it has sealed the deal to acquire Megasari, as well as its distribution arm, PT Intrasari Raya.
The German luxury automaker has already seen its online traffic increase 10-fold this year. Though that has not always translated into sales, Mercedes-Benz says it is continuing to build on what it calls its "touch-free" experience to stay plugged into its consumer base. Under the used car business, more than 150 cars were sold online in January and February.
Although the United Progressive Alliance government returned to power, minus the push and pulls of Left parties, it decided to keep western multi-brand retail chains off from the country's $450-billion retail market.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
Most offers are coming from regular recruiting firms and sectors led by consulting, analytics, IT and finance.
The retail companies are hoping that the Finance Minister Pranab Mukherjee would accord industry status to the sector and allow unrestricted foreign direct investment inflow.
The price of an old car versus that of a brand new one always tilts the scales in favour of the former.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
From Samsung to Apple iPhone XR, smartphone firms are showering discounts in April.
As PM talks of lower lending rates, housing companies prepare to cash in.
'We want to look at very strong entrepreneurial teams.' 'I want to focus on a full team and not just the entrepreneur, which is building innovative and amazing differentiated businesses in large markets.' 'We also look at business models that are proven and have reasonably good gross margins, which show that this is where a lot of value is getting built.'
Increase in first half of FY14 comes despite a fall in average crude prices; weak rupee helps.
The government on Wednesday said it has cleared Norwegian telecom firm Telenor's proposal to invest Rs 1,000 crore in a joint venture company in the telecom sector.
