Dept to focus on real estate, infra, mining and manufacturing to detect evasion.
.jpg)
SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.
'Probability has increased for India to have improved fundamentals'.
Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.
Intrapreneurs are more diverse in their skill sets and backgrounds, more digitally native, more networked and connected, and more ambitious to do bigger things. A fascinating excerpt from Simone Ahuja's Jugaad 3.0: Hacking The Corporation To Make It Fast, Fluid And Frugal.
Markets in green tracking firm global cues.
Car sales in India surged by 12.87 per cent in December.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
This time, the global appetite for risk is in favour of India.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
The Reserve Bank of India unexpectedly raised its policy interest rate on Tuesday by 25 basis points (bps) but said that if consumer price inflation eases as projected, it does not foresee further near-term tightening.
'It's not as if power demand is falling. It's that generation has outpaced demand.'
'What do you think the Congress is today?' 'Is it a political party heading for a life-and-death battle?' 'Or an NGO, just doing its thing and hoping it will improve the state of the world?' asks Shekhar Gupta.
Sensex closed the day 416 points higher.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Metal shares gained on hopes that the government may adopt ordinance route for mines sector reforms
India's long-held position as the world's top diamond polisher is being challenged by soaring output from China.
Isn't National Intelligence Grid and UIDAI engineered by vested interests, asks Gopal Krishna.
In an online chat with readers, overseas consultant NNS Chandra shares career advice.
'There must be thousands if not lakhs of people the government is illegally spying on.' 'Why should we enable this criminal activity by volunteering our details?'
Hitting out at Prime Minister for calling note-ban a 'shuddhi yagna', senior Congress leader Prithviraj Chavan said the move is nothing short of an "uncontrolled forest fire" that has claimed several lives and hit the economy.
Earlier this month, market regulator Sebi had given go- ahead to the disinvestment department's proposal to give preference in share allotment to those PSUs located in states in which Neyveli's generating units were located.
Overseas education consultant NNS Chandra offers advice on how to pick the right international career
Bank shares were the top gainers led by ICICI Bank.
A lot of student friendly changes were introduced this year.
Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.
The government on Monday disclosed before the Supreme Court eight more names including that of Pradip Burman, one of Dabur India promoters, a bullion trader and Goa miners against whom it has started prosecution for allegedly stashing blackmoney in foreign banks.
Replying to a debate on Motion of Thanks on the President's Address which was adopted by the House later amid walkout by Congress, he replied point-by-point to the issues raised by the Opposition, including surgical strikes and allocations for Mahatma Gandhi National Rural Employment Guarantee Act, agriculture sector and for Scheduled Castes. Opposition had moved 190 amendments to the Motion which were negated.
There are actually great similarities between the two PM
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
It is not that platforms and products are something that Infosys has not tried earlier.
With Karnataka election results out of the way and as several key states, including Madhya Pradesh and Rajasthan, prepare for assembly polls later this year ahead of the 2019 general election, Shankar Sharma, vice-chairman and joint managing director, First Global, advises investors to ignore all the noise around the elections.
If companies manage to raise Rs 10,000 crore, this will be the best year for IPOs since FY11.
Eight infrastructure industries have posted a growth rate of 8 per cent for September on account of good performance by crude oil, steel and electricity sectors.
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
India is Asia's third-best performing equity market.
Demand for passenger vehicles has been driven by new models, especially in the SUV category with the likes of Maruti Vitara Brezza and Hyundai Creta clocking good numbers
