Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
In a bonanza to its shareholders, country's third largest IT firm Wipro on Thursday said it will buyback up to four crore shares worth around Rs 2,500 crore (Rs 25 billion).
Shopclues, the latest unicorn, was at the bottom of the sector loss pie.
India's fourth largest software services provider HCL Technologies on Friday reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore (Rs 18.73 billion) for the first quarter ended September 30 on the back of strong growth in Europe and business services.
Firms that have a turnover of under Rs 1 cr can pay tax without maintaining books.
eBay and PayPal will be sharper and stronger, and more focused and competitive as leading, standalone companies in their respective markets.
Make in India campaign has huge potential.
Between 2007-08 and 2017-18, the number of countries they imported steam coal from has increased from six to 12.
Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai.
Flipkart intends to use the funds for building and strengthening its technology capabilities, bolstering the robust supply chain and developing the talent pool.
Banks have been struggling hard to recover dues from grounded Kingfisher Air.
BJP rule in Gujarat has spread depression says the Congress, which plans to come up with ideas to spread cheer among voters.
Reliance Industries on Friday reported a 4.5 per cent drop in its December quarter net profit at Rs 5,256 crore (Rs 52.56 billion).
The trio also accused PM Modi of single-handedly changing the parameters of the deal.
Company's revenue rises 3-fold to touch $206 million while total cost jumps over 6 times to $500 million
Refining major optimistic on planned investment of $16 bn for expansion and new technology to post healthy margins
India is affected by a 'resource inefficiency curse'.
As of now, unlisted companies are not allowed to directly list in overseas markets without prior or simultaneous listing in Indian markets.
Congress president implored the party to have a 'concrete agitational agenda' to go directly to the people instead of merely being aggressive on social media.
TCS hopes the Rs 2,628-crore (Rs 26.28 billion) bonus to its employees will help contain the high attrition level.
Many countries advised the return the high-denomination notes to the central bank for destruction, but these continued to be legal tender. This and the introduction of a new Rs 2,000 note in India are the two major differences between Indian demonetisation and those of other countries.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
Under the new methodology, the base year has been changed from 2004-05 to 2011-12 and also in conformity with the international practice, the GDP is now measured at market prices.
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
Gross NPA of PSBs at the end of March quarter stood at 5.20 per cent, against 5.63 per cent in December.
There is uncertainty in most investors' minds as to whether China is transitioning to a new growth model or simply collapsing.
Snapdeal's rival Flipkart had last announced its GMV in March this year -- $1 billion. Many rounds of funding later, sources estimate Flipkart's GMV at about $3 billion, a figure Snapdeal is trying to catch up with.
The combined 10 Asian currencies have appreciated by 6.6%.
Bear operators are said to have created huge short positions in the stock market over the past few days, which means they were betting on a fall in the market values
Jaitley said note ban has compelled people to deposit money into bank accounts.
Private players offer convenience for slightly higher rental than banks.
The loss before tax shot up 262 per cent to Rs 492 crore for the financial year ended March 2016.
'He failed to foresee that the campaign of hatred need not be continuous; a sporadic, scattered campaign is enough.' 'What was important is to keep the pot boiling, not let it overflow like happened during the masjid-mandir days,' notes Saisuresh Sivaswamy.
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
A moderate GST rate obviates the need for the two-rate structure.
The veteran director feels Hindi cinema has come a long way and is hopeful it will achieve greater heights.
Union minister and senior Congress leader Jairam Ramesh on Sunday said in Hyderabad that he was not in favour of his party extending support to the third front from outside, rather he wanted the party to be a part of the government.
An expected withdrawal of FIIs from the market likely to weaken the rupee against the dollar.
The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to Rs 10,251 crore, or Rs 17.3 per share, in the third quarter ended December 31, 2018.
People affected by the Navi Mumbai international airport insist they be allotted developed land as compensation, not cash as the land acquisition Bill, recently cleared by Parliament
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