To double its current turnover of Rs 13.53 billion in five years, the firm plans to generate 25 per cent of this consolidated revenue from FMCG sales.
Certain clarifications by the GST Council, such as tax rates on ice cream parlours and royalty paid to state governments over mineral rights, may turn out to be contentious and lead to litigation, feel some experts. The council, at its meeting in Lucknow on Friday, had clarified that ice cream parlours will attract goods and services tax (GST). The clarification said these parlours sell already manufactured ice cream and such supply would draw 18 per cent tax.
Karan Johar hosted a party at his home on Sunday night, April 24, in honour of Bela Bajaria, Netflix's vice president, International Originals.
The actor believes Romeo Akbar Walter is an amazing film.
For the first time ever, Alia has scored a Rs 100 crore+ weekend opener, which takes her straight to the superstar league.
Here's what Karan Johar was celebrating.
Karan Johar hosted a party for singing sensation Katy Perry in Mumbai recently.
Nearly five months after its soft launch, the government's e-portal, the National Single Window System (NSWS), is seeing a significant increase in the number of investors using it to get a bunch of approvals for their ventures. The first clearance was granted on 18 January. Since then, the progress has been good. Out of the 1,258 registered users on the portal, 378 were registered in the last one week.
Bhumi Pednekar invited her friends over for a party to celebrate her sister Samiksha's birthday over the weekend.
Since the Centre tightened the Press Note 3 norms in April last, as many as 150 private equity/venture capital investment applications from China and Hong Kong are pending with the government, starving the country's start-up ecosystem of funds, says a report. The Press Note 3 (PN3) changes were effected in April, restricting foreign direct investment from countries that share land borders with India. Analysts are of the view that the move was primarily aimed at China as lot of private funds were investing billions into domestic companies.
The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.
A lot of mid and small-caps are in the bubble zone and command high valuation and have corrected sharply.
All roads led to Yash Raj Studios on May 25, as Bollywood's power couples and their friends celebrated Karan Johar's 50th birthday party.
Reliance Industries, which sold stake worth $21.7 billion in Jio Platforms, kept the league tables moving in spite of the pandemic.
When the IAF veterans' bail petition came up for hearing, in an unprecedented move, senior serving and retired Air Marshals and Air Vice Marshals rallied behind the accused officers and appeared before the court to give sureties for each, something that has never happened ever before.
Days before Ashutosh Gowariker's historical Panipat released in theatres, a special screening was organised for the members of the film industry.
Family members came out in support of Varun Dhawan and Shraddha Kapoor's new film together, Street Dancer 3D, at its special screening in Mumbai. It has been directed by Remo D'Souza.
The Delhi high court on Tuesday allowed the Central Bureau of Investigation and the Enforcement Directorate's pleas seeking an early hearing into the appeals challenging the acquittal of former telecom minister A Raja and others in the 2G spectrum allocation case.
Wherever Bollywood celebs go, the cameras follow.
The Union Cabinet on Thursday approved a proposal to allow 100 per cent foreign direct investment (FDI) in public sector refiners, expanding the scope for FDI in the privatisation of Bharat Petroleum Corporation Ltd (BPCL). The approval by the Cabinet will enable the sale of the government's 52.98 per cent stake in BPCL to a foreign buyer, and, at the same time, will open the door for FDI in other public sector companies in the oil sector put up for privatisation.
'I'm a guy who tries to find humour in every situation, no matter how difficult and serious, without offending anyone.'
'Khaitan's film will continue to invite comparisons with Manjule's, but the fact that it is out there for viewers to see is perhaps a greater tribute to the original than is conveyed by the cautious desire to remake it,' says Vikram Johri.
Saxena, a director of Dubai-based firms UHY Saxena and Matrix Holdings, is one of the accused named in the chargesheet filed by the ED in the Rs 3,600-crore AgustaWestland scam.
The show must go on, for Janhvi Kapoor.
So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?
Special screenings were held for The Zoya Factor and Pal Pal Dil Ke Paas, and the cast members made sure to attend with their families.
It's raining movies and Web series on the Amazon Prime Video platform!
Joginder Tuteja looks at the actresses, who waited patiently, and will now release their films in theatres this year.
The National Company Law Appellate Tribunal (NCLAT) on Wednesday closed insolvency proceedings against Oyo and one of its subsidiaries, and also disallowed the intervention of external parties including Federation of Hotel & Restaurant Associations of India (FHRAI). Industry body FHRAI said in May it has been allowed by the NCLAT to intervene on behalf of hotels in the Oyo unit insolvency case before the tribunal. The association had filed the application on behalf of its member hotels in India, who it said at the time are operational creditors suffering hugely on account of non-payments of debt by Oyo.
After making Bombay Talkies and Lust Stories, Karan Johar, Dibakar Banerjee, Zoya Akhtar and Anurag Kashyap give us Ghost Stories, a film consisting of four short stories. It will stream on Netflix from January 1. A special screening was held in Mumbai, and the cast members made sure to attend.
The actress, who just recently posted, 'Google walo ab toh meri umar kam karke likh do,' has been looking trendier ever since she got herself that slick hairstyle.
Digital commerce operators advertising on global social media, which earlier did not pay Google tax on their operations in Jammu & Kashmir, may now have to cough it up at 6 per cent.
Quite a few light-hearted comedies are up for release, and Joginder Tuteja takes us through them.
After Kiara Advani held a screening for her Netflix film Guilty, a bigger one was held the next day. Alia Bhatt made sure to attend with her mum, Soni Razdan.
