While the tax holiday for the factory coming to an end might be a factor, many say the business model of Microsoft (which acquired Nokia's handset division last year), as well as freebies offered by the Vietnamese government, might also have played a role.
In a competitive market, pricing is the management's business. The consumer has so many choices -- single screens, multiplexes, TV, online streaming or DVDs. Nothing forces him to go to a multiplex. Nor are films an essential commodity where prices have to be regulated, says Vanita Kohli Khandekar.
'The harmful side effects of what we call 'management toxicity' are affecting more and more Indians,' note Jeffrey Pfeffer and M Muneer.
India's economy grew at a two-year high of 5.7 per cent in the first quarter of this financial year, after a below-five per cent growth in 2012-13 and 2013-14.
The virus continued to spread its tentacles to new states, including Mizoram.
Ministry of Corporate Affairs is now likely to examine whether all active companies have PAN or not
The stock market regulator's definition of large, mid, and small-cap companies has irked mutual fund managers, reports Samie Modak.
Many companies are putting HR's reputation as a back office administrator to rest by either outsourcing or automating most administrative tasks.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
Swiggy is following a path that seems similar to what Meituan, one of China's largest O2O (online-to-offline) platforms that delivers food, sells movie tickets and offers hotel reservation, has done so far, reports Patanjali Pahwa.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
The concept of gold as an asset capable of getting anytime money is evaporating.
India usually exports around 100,000 tonnes of skimmed milk powder annually, but the drop in international milk prices has forced it to cut exports
The text of the Income tax amendment is so wide and so riddled with ambiguities that it deserves to be scrapped for those reasons alone, says N S Nigam.
Zinedine Zidane, Donald Trump, Steve Waugh have all lent their name to realty projects in the country.
CCI investigation into predatory pricing likely
Turns down firm's plea for stay on CCI order; final order pending
'Everybody has freedom, but you cannot start a fire in a crowded theatre.'
Meanwhile, a group of college students, donning degree robes and selling 'pakodas' to passers-by in a dig at Prime Minister Narendra Modi's remarks over job creation, were on today whisked away by the police, hours before the PM's rally in Bengaluru.
Nokia started operations at Sriperumbudur plant near Chennai, the second biggest facilities by any global firm, in 2006 after Korean auto major Hyundai's came up with its plant in the late 1990s.
Rama Krishna Sangu, partner, Manohar Chowdhry & Associates, Chartered Accountants, and a member of the Indirect Tax Committee of ICAI, fielded readers' questions on GST on Rediff Chat.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Private equity players believe it to be lucrative to invest in designer labels.
Kerala Chief Minister Pinarayi Vijayan dashed off a letter to Prime Minister Narendra Modi, seeking his intervention for repealing the measure. He said the Centre's decision amounts to an "intrusion" to the rights of the states in the country's federal structure.
'2017-2018 will be one of the best years for the country.' 'The wheel has finally started moving in the right direction. It should pick up momentum in the next 8 to 9 months to have a positive impact on the economy'
Industry body to write to commerce ministry, seek regulation for e-tailers.
In their advertisements to attract investors to public offers, companies can be more creative and innovative as long as they are not misleading and contain necessary disclosures of associated risks and other facts, Sebi chief U K Sinha feels.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
The Duncans Goenka group is in a spot of bother over the death of workers and non-payment of dues to employees.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Domestic I-T laws require you to deduct tax on software, e-books and music albums; must report every such transactions while filing returns.
Microsoft is demanding a jury trial and seeking permanent injunction to restrain and enjoin the defendants from infringement of Microsoft's registered trademarks and from directly or indirectly engaging in false advertising or promotions regarding the quality or security of Microsoft software.
Experts say investors should be careful, as even a 50-100 bps cut in rates will not help such companies if their business is not doing well. Check what is the problem and consider
The JV, Voltbek Home Appliances, aims to take on LG, Samsung as well as home-grown players such as Godrej among others head on with a slew of products that hopes to combine the best of both worlds -- European technology and design, with Indian pricing and delivery.
Customers won't shift to electric cars until there is countrywide infrastructure for charging stations, which should be as spread out as petrol pumps now. Two, the price of the lithium ion battery, which constitutes 30 to 40 per cent of the cost of an electric car, has to fall substantially, so that the vehicle is as affordable as a gasoline one.
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
Indian-American filmmaker Dinesh D'Souza, who had made a documentary on US President Barack Obama, has been indicted on charges of violating federal campaign finance laws.
A promising young actor suffering from depression has had his life laid bare for the grubby public to paw through. An ordinary family has been pitched into the middle of a nightmare of an investigation and arrested for no reason discernible at present. And a young actress has had her reputation, and probably career, destroyed so that TRP ratings can soar, notes Sherna Gandhy.
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