Axis Bank dismisses 24 staffers, suspends 50 accounts after I-T raids
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.
Eicher Ltd has decided to file an Expression of Interest in response to the Preliminary Information Memorandum issued by KPMG for divestment of PSIDC stake in Punjab Tractors.
India's value proposition and overall shift towards offshore information technology and IT-enabled services will lead to an annual growth rate of 35 per cent in the sector.
Most of the unicorns or billion-dollar valuation firms including Flipkart, Paytm and Ola have had the maximum stakes owned by foreign funds. The founders of all these firms have either single digit stakes in their companies or in low double digits.
Havmor makes 150 products from its two plants and has around 30,000 dealers
Indian film industry lost Rs 300 crore (Rs 3 billion) on gross revenues of Rs 3, 900 crore (Rs 39 billion) during 2002, Rajya Sabha was informed on Monday.
'We are only talking about 65,000 H1B visas a year, it is not going to go down drastically.' 'If the number reduces and when you spread that reduction across all the top IT services companies, the impact will be marginal.'
The average fares of all airlines are almost linear.
Tata Group's CLiQ is the latest to join the e-commerce club, to compete with the likes of Amazon, Flipkart and Snapdeal.
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Delayed clearances for coal blocks, as well as companies' own failure in developing mines, appear to have had a financial implication of Rs 1.46 lakh crore (Rs 1.46 trillion) for the country.
India has average monthly spends of $4 per user; it is over $20 in other Asian markets
The bank wanted to run a background check on some Indian promoters.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
He is the first Indian-origin person to head a 'Big-Four' audit co.
Interoperability with other insurance companies - apart from banks, medical centres, among others - would be the eventual goal
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
Shoppers Stop is looking to open four new stores this year and plans to invest Rs 120 crore.
Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.
India's second largest budget carrier SpiceJet, which reported a record Rs 1,003 crore (Rs 10.03 billion) net loss last fiscal, may soon receive the much-needed capital infusion as talks with an overseas investor have reached "very advanced stages".
The controversial 5/20 rule required an airline to have five years of domestic operations and 20 aircraft in its fleet to be able to fly abroad.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
SpiceJet did not provide the details of its ancillary revenue.
The regulations will only apply to the share purchases that have been done after October 1, 2004
'The low tax to GDP ratio of the country will go up, helping the government to adhere to fiscal discipline and keep inflation in check.'
More than 1,000 independent directors have quit since January 2017; more could be on their way out
Internet giant Google is the most attractive employer for graduates from the Asia-Pacific region in a list of top companies which figures no Indian firm.
'No other language can now take its place. English is the language of professional education, which gives you a passport to a bright future,' says T N Ninan.
In their pre-budget expectations, they also asked the government to assess the option of developing unused airstrips located in various parts of the country to boost air connectivity.
Agra, Shimla, Nanded, Kanpur and Jamshedpur are among the many airports that would see connectivity under Udan.
With a string of deals with telecom service providers, DTH operators and Bollywood stars, Netflix goes all out to protect its turf in India and fend off competition, says Viveat Pinto.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
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