Amid long-pending dispute between the UK-based telecom giant Vodafone and the tax authorities in India, Finance Minister's advisor Parthasarathi Shome on Wednesday said the government should not use retrospective amendment of tax laws to raise revenues.
Hutchinson Max Telecom Pvt Ltd is planning to consolidate its various telecom operations in India under a single entity, including that of Hutchison Essar Telecom Ltd and Fascel Ltd, for which the company has filed an application with FIPB.
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Among other scrips, which would be shifted to the trade-to-trade segment include 3i Infotech, Bartronics India, Ramky Infrastructure and Zenith Birla (India) Ltd.
Hutchinson Max Telecom Pvt Ltd on Thursday launched Mobile Hutch Shops in India, a customer service and information unit on wheels, which the company expects would supplement its existing retail and customer care centres in the country.
Almost all petrol pumps across the country on Monday went on a day-long strike to press for hike in commission on sale of petrol and diesel even as handful of company-owned outlets tried to meet fuel needs of the people.
US sanctions against Iran kick in from November 4, which will block payment routes. Sources said India and Iran are discussing reverting to rupee trade after November 4.
The Sensex opened with a positive gap of 21 points at 10,862
Telecom Regulatory Authority of India on Wednesday issued another directive to Bharti, Spice and Hutchison-Essar following blocking of calls originating from the basic telecom players offering limited mobile services.
India's investigating agencies have in the past made a lot of noise about probes that resulted in few convictions
Following the foray of Essel and Essar groups into the online lottery segment, another leading conglomerate Forbes Group on Friday said it will enter the segment and launch its product 'DhanDhanaDhan' next month.
The department had initiated proceedings against Vodafone and TTSL in 2011 on the ground that the companies had allegedly failed to deduct tax deducted at source (TDS) for those assessment years.
Following price hike of Rs 500 per tonne by Steel Authority of India Ltd, other private producers on Monday announced hike in prices of hot rolled coils by the same amount.
Industry body Indian Steel Association on Tuesday said exports of hot rolled coils by integrated steel producers declined 35 per cent in the first half this fiscal to 6.4 million tonnes as its member companies gave more priority to the domestic marke
Indian companies have made acquisitions of $1 billion so far in January
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Leading GSM service provider Hutch would roll out its services in West Bengal and Sikkim by the end of the current year, executive director of Hutchison Essar Sandip Das said in Kapurthala on Thursday.
Two private cellular operators in Delhi -- AirTel and Hutchison-Essar complained on Friday of disruption in calls from cell-to-fixed line phones and vice versa even as state owned Mahanagar Telephone Nigam Ltd dismissed
SAIL and Essar are understood to have agreed on slashing prices on some steel products by up to Rs 2,000 a tonne.
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