The study found that many big groups have not changed their auditors in several years.
Do you believe Gates' departure could change Microsoft forever? Would you say Gates is the greatest entrepreneur ever? Why? Tell us!
Corporate affairs minister Murli Deora has supported the recommendations of the Parliamentary standing committee to make spending under corporate social responsibility (CSR) mandatory under the proposed Companies Bill. Pending the Bill, the minister also announced a slew of measures to simplify procedures akin to the licence raj.
'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
Finance Minister Nirmala Sitharaman on Monday said the rules that will lead to scrapping of the retrospective tax demands made on companies such as Cairn Energy Plc and Vodafone Plc will be framed soon. Parliament earlier this month passed a bill to scrap all tax demands made using the 2012 retrospective tax legislations. The bill provides for government refunding the retro tax to companies provided all legal challenges are withdrawn.
Despite stiff opposition from local businesses, the California senate has passed a controversial Bill banning state agencies from contracting services to companies that use overseas labour.
Strange souls see a research report on an Indian conglomerate as part of a vast conspiracy to Keep India Down. There is only one possible response to this: Grow up. Nobody in the West cares enough about India or Adani to put all the effort into creating a giant conspiracy that links together BBC documentaries and short-sellers, points out Mihir S Sharma.
Compared to its peers, the company has not created shareholder value in the past 10 years.
Gates, who is to attend the World Economic Forum's Annual Meeting, on Monday said there is reason to be optimistic than ever about the future progress using vaccines to give all children a healthy start to life.
"He (Modi) is concerned more about corporates than farmers," Hazare told PTI in an interview in Latur.
A three-member team each from the Central Drugs Standard Control Organisation (CDSCO) and the State Drug Controller visited the plant in Tamil Nadu's Kancheepuram, 40 km from Chennai, on Friday after the company recalled the eye drop.
Concessional rate of tax on dividends received by Indian companies from foreign subsidiaries will be done away with from April 1, a change that may hamper global expansion of Indian companies and compel some firms to move their headquarters out of India to geographies such as Singapore and Dubai. At present, dividends received by Indian companies from their foreign subsidiaries are subject to a concessional tax rate of 15 per cent under Section 115BBD of the Income Tax (I-T) Act. The provisions of this section shall not apply from assessment year 2023-24 onwards, according to the Finance Bill.
HDFC Bank expects to amalgamate its home loan major parent HDFC into itself by September next year, a top official said on Friday. Both HDFC and HDFC Bank held general meetings on Friday to seek shareholder approvals for what is billed as the largest merger in Indian corporate history at over $40 billion. At the time of announcing the merger on April 4 this year, the entities had said the merger will take 12-18 months.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
He however hinted that the corporate executives should think as responsible citizens before deciding on huge salaries.
Gates said that fifty years ago, no 55-person company was bought for $19 billion
Top management of high-tech companies have been asking the US government to rework their Senate immigration bill to allow them to hire more foreign workers.
With telecom companies increasing rates, it's time to cut corners.
The high-tech industry in the US has opposed the immigration bill being debated in the Senate, saying the measure as currently drafted would harm the American technology industry.
Govt moves to bring in more clarity on definition of 'control'.
Prime Minister Narendra Modi on Thursday slammed the opposition alliance INDIA as a collection of arrogant dynasties who will take India back by two centuries as he exuded confidence that people will bless the "garib ka beta" with a record-breaking mandate in the 2024 Lok Sabha polls.
The path-breaking Land Acquisition Bill, which seeks to provide just and fair compensation to farmers while ensuring that no land can be acquired forcibly, was passed by the Lok Sabha with overwhelming majority on Thursday.
'I think it would be a mistake... at a time when worldwide trade is declining, for us to start sending a message that somehow we're just looking after ourselves and (are) not concerned with world trade,' Obama said. The Buy American bill is part of the $819 billion mega stimulus package passed by the US House of Representatives last week. It stipulates that companies receiving federal money should not buy foreign steel and iron.
No promoter is allowed to advertise, market, book, sell or offer for sale, or invite persons to purchase any plot, apartment or building, in a project without registering with the authority.
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.
Bharatiya Janata Party has issued a whip to its members in the Lok Sabha to support a Bill to amend the Telecom Regulatory Authority of India Act, which seeks to remove a legal hurdle in the appointment of former TRAI chairman Nripendra Misra as principal secretary to Prime Minister Narendra Modi.
Gaurav Mohta, chief marketing officer, Home First Finance Company, answers home loan queries.
New Jersey bill repressive: Phaneesh Murthy
How many of the apps downloaded in India deliver the GPT technology they say they are?
Applying for a loan? Check if you've paid your telephone bill or insurance premium first. Soon, your loan proposals will not depend only on your credit card and debt payment record with banks but also on whether you've paid your phone bill, insurance premium and stock broker dues on time.
'Companies are being forced to pay higher salaries to retain and hire employees due to a big rise in attrition in the industry.'
A proposal in the Union Budget 2022-23 to raise excise duty on dirtier, unblended retail petrol and diesel has met with some resistance from the petroleum ministry. However, finance ministry officials say no such communication arguing against the levy of extra duty on diesel has been received from the oil ministry. Until there are discussions between the two departments, the proposal will not be tweaked in the Finance Bill. The Rs 2 per litre additional excise duty proposed on unblended fuels in the Finance Bill will result in a uniform hike of diesel prices across the country from October 1.
Collusion between ruling parties, corporate donations under Companies Bill is hidden. Environmental concerns made subservient to Cabinet Committee on Investment and regulatory agencies made toothless. Promotion of hazardous technologies for generating power from waste is anti-public health, say activist Gopal Krishna.
The defence ministry billed the 615-acre factory as India's largest helicopter-manufacturing facility and it has been planned as a one-stop solution for the country's chopper requirements.
On Thursday, the Bill was approved by the Rajya Sabha; once it receives the president's assent and is notified, it will replace the legislation in force currently, which dates from 1956.
Tata Consultancy Services is planning to raise the billing rates by 3 to 5 per cent for existing contracts, which are up for renewal, and for new contracts by 5-10 per cent.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances