The exemption from MAT does not apply retroactively.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
The recent sanctions imposed by the US on Lashkar front organisation Jamaat-ud-Dawa completely expose Pakistan that has consistently maintained that JuD is a charity organisation. The ban will also limit the donations to JuD, a major chunk of which is pumped into terror funds. Vicky Nanjappa reports.
Priyanka Chopra, Irrfan Khan and Nawazuddin Siddiqui make a global statement on the power of Indian cinema, says Vanita Kohli-Khandekar.
What perhaps turned the tide against Uber was the plight of the consumer.
'There were days when there was no rice at home and we ate only jackfruit seeds.' 'They feel I, a lowliest human being, a tribal, have no right to go abroad and study.' 'The humiliation was so bad that I was broken inside.'
The long-term sustainability of the ongoing market rally is difficult as earnings growth remains a challenge, says Herald Van Der Linde, head of equity strategy, Asia-Pacific, at HSBC.
Federer said the rate of dropouts would fall if the slams switched to best-of-three-sets rather than best-of-five as it would mean matches were more like "a sprint to the finish line" rather than being "a marathon" but the people he really felt sorry for on Tuesday were the fans.
TCS, Bajaj Auto, Adani Ports and Cipla were the top gainers on BSE Sensex while Coal India, GAIL, Dr Reddy's and Infosys lost the most on the index.
There is mounting evidence that the Information Revolution may mean the end of large-scale vertically integrated businesses whose guiding principle, "economies of scale", was the defining miracle of the Industrial Age.
The efforts of two women have given hundreds of street and slum children of Dehradun the hope to dream of a promising future.
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
This surpassed its previous record close of 29,974.24, reached on April 5.
10 photos that show it is a crazy, mad world
While Europe's rich culture and heritage may attract you, the American hype cannot be ignored too.
Their pics will send you into a food coma!
Now, the world over, policymakers are dusting off their copies of Keynes' classic, The General Theory of Employment, Interest and Money, and figuring out whether there are any answers there to our own challenges of growing our economies.
A look at few gurus who have attracted controversy in recent times.
Some 800 million or more Indians gaze at their mobile phones all day. Whoever can crack what's news on the mobile phone for them and their families, for a nominal payment of Rs 10 a month, is a winner, says Ajit Balakrishnan.
'To win a medal at the Olympics you need 12 to 15 Virdhawals and Sejwals.' 'We lack a swimming culture.' 'Countries like the US, Australia, France and China are powerhouses, with access to the best facilities.'
The scandal revolves around accusations that money was demanded from top athletes to 'bury' medical tests showing drug use
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
Pargat Singh played a key role in Michael Nobbs' appointment as India's chief hockey coach but the former captain now says it is high time the under-performing Australian is given the "marching orders".
Jyoti Vyas was seven months pregnant when two planes flew into the Twin Towers on September 11, 2001. She ran down 77 flights of stairs and 15 years later, she remembers how she survived the tragedy almost unscathed.
Emerging markets and Asia may be first in the firing line
This and more from the happenings in the world of football
This has come at a time when Maria is personally heading investigations in the Sheena Bora murder.
In March, Tata Steel announced its intention to sell the entire 10.5 million-tonne UK assets.
Queens Park Rangers could be consigned to English soccer's minor leagues if they are relegated from the top flight and fail to pay a potentially huge fine for breaching the Football League's financial fair play rules.
Stupidity knows no boundaries just like smartness, oxygen, and maybe football, says Maharaj Damodardas.
'Brexit might delay the sale process of Tata Steel's UK operations'.
Finance Commission has got new team who are committed to growth initiatives.
'I used to tell my wife to pack extra food in my tiffin so that I could at least offer that to my colleagues who were living on vada pav.'
Sahara accuses Mirach Capital of cheating, forging bank letter.
Brijmohan Lall Munjal had business rivals but no enemies.
An investment vehicle lining up a $2 billion package to help bail the boss of India's troubled Sahara out of jail said it expects to ultimately take control of landmark hotel assets like New York's Plaza after the conglomerate fails to repay lenders.
Modi and Obama surely put India-US ties in fast-forward mode. But 5 things deserve careful attention.
This and more from the happenings in the world of football
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
The Indian Formula One Grand Prix is expected to return in 2016 as a "fruitful" meeting between F1 boss Bernie Ecclestone and race promoters has prepared the ground for the comeback of the high-profile event.
