Indian businesses have emerged as being the most optimistic about the economy for 2015, with 98 per cent suggesting they are positive about the policies of the new government, way above the global average of 35 per cent, says a report by Grant Thornton.
Eight FDI proposals worth Rs 1,311.54 crore (Rs 13.11 billion), including that of Norwegian telecom firm Telenor, have been cleared by the government on the basis of FIPB approvals.
Meet Anand Kumar, a government clerk who transformed into a real estate and hospitality baron.
The norms will affect companies in pharma, energy, manufacturing, software sectors.
Introduction of GST would make Indian products competitive in the domestic and international markets.
The airline shut shop in October 2012.
The news of Bengaluru-based IMA cheating thousands once again underlines the need for investors to steer clear of unregulated deposit schemes. The most important sign of a Ponzi scheme is the promise of exorbitant returns and so investors must ask how the promoter expects to earn the kind of return he is promising, says Sanjay Kumar Singh.
Finance Minister Arun Jaitley is likely to slash corporate tax rate by about one per cent and may put an end date for certain exemptions availed by the industry.
According to assurance, tax and advisory firm Grant Thornton, corporates in the country announced 458 deals in the January-November period amounting to $26.76 billion.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
Auditors raise red flags over Jet Air's robust financial status.
Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
The BSE fined 370 listed companies following the Sebi notification.
While hybrids, CNG and biofuels found favour in 2018 among many carmakers including Maruti Suzuki, Mercedes-Benz, Toyota and Honda, others such as M&M and Tata Motors have shown full faith in electric vehicles.
Vadra, on Facebook termed as "witch hunt" the Enforcement Directorate's action of attaching assets of a firm linked to him, and claimed that it showed "complete misuse of assertion of power".
Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.
E-proceeding of tax scrutiny has certain technical and practical issues which need to be addressed before making the system fully electronically driven.
Vadra was directed by a Delhi court to cooperate with the investigation being carried out by the central probe agency after he knocked on its door seeking anticipatory bail in this case.
Hooliganism is not a problem in English football, according to Arsenal manager Arsene Wenger, despite a week in which disturbances at West Ham United's League Cup tie against Chelsea tarnished the game's glossy image.
America had postponed the much-awaited dialogue due to "unavoidable reasons" last month.
This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.
India is on the brink of overhauling its tax system, implementing the BEPS project and seeing a further evolution of the GST at the same time as a general election. This makes 2019 an exciting and challenging year, note Maulik Doshi and Jigar Doshi.
Electricity has also been kept out of the GST ambit.
The United State senate has confirmed Indian-American Vince Girdhari Chhabria as the federal judge of the US district court for the northern district of California.
'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'
A forensic audit has found possible 'irregularities and mismanagement' in advances and investments made by Mangalore Chemicals and Fertilizers to his other group companies.
Red carpet staple Marchesa, owned by Harvey Weinstein's wife, may pay the price.
Several promoters of suspended companies have floated new entities or taken board seats in other listed companies, which are functional, trading
Documents such as PAN card, Aadhaar card, I-T return papers, which are used for KYC, can get leaked from a number of sources. Other prominent sources are the direct sales agents and photocopy shops, say Sanjay Kumar Singh.
Common items between Centre and states - bread, eggs, milk, vegetables, cereals, books and salt - will continue to be exempted.
The high court remained unconvinced by Mallya's claim that he has been a non-resident Indian since 1988 and has lived in England since 1992, a country where he has indefinite leave to remain
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
Aerated drinks, mineral water, travel packages, coaching classes and beauty parlour services might also cost more
Nikesh Arora is one of the highest-paid business leaders globally.
Many are now cheaper after stock splits. But look at key parameters
Buying Yahoo's assets would expand DailyMail.com's reach and improve its digital ad rev
New ITR forms indirectly force small businesses to maintain books of accounts, something that wasn't needed earlier, says Anupam Jain.
Modi, who was elected in May with a mandate to provide jobs and economic growth, has seen his reform agenda stymied by controversial statements by lawmakers in his party
The department gets data of high-value transactions under the Annual Information Return.
