The cost of living in Mumbai is the highest in India followed by that in Delhi, Chennai and Bangalore, a latest global survey said.
NPPA's decision would also benefit domestic stent makers.
This loan comes in handy when you do not want to take a long-term home loan.
Dixon Technologies right now is a beehive of activity. It is building a new facility in Noida to make 1.3 million laptops for Taiwanese PC maker Acer. The facility must be up and running in four months. The pace of activity will only increase. Last week Dixon won a similar contract from Lenovo, the Chinese personal computer maker and the third largest information technology (IT) hardware brand in India, to assemble laptops and notebooks. Though the clientele in these two cases is Taiwanese and Chinese, Dixon is a company reaching for the stars with its feet planted firmly in the Indian government's policy.
Retail giants are looking at Indian start-ups in the big data and analytics space
new structure would bring cost savings of 100 million euros.
The department for promotion of industry and internal trade has asked the telecom department and State-owned BSNL to put on hold the tender for setting up 4G network, valued at Rs 9,000 crore, after allegations emerged that the tender favoured foreign companies. The tender was floated by BSNL in March under the new management for setting up the 4G network.
The Indian company that acquires Merck Generics, the multinational drug maker's generics (non-patented) business, up for sale, will be able to compete against the top global players
The Swadeshi Jagran Manch (SJM) on Friday opposed a regulatory body's recommendation for environmental release of genetically modified mustard, calling it "dangerous" and urged the Centre to ensure that the crop's seed is not allowed to be planted "now or ever". In a letter to Union Environment Minister Bhupender Yadav, the RSS-affiliated organisation accused the Genetic Engineering Appraisal Committee (GEAC) of functioning in an "irresponsible fashion" and said the claims made in support of genetically modified (GM) mustard were "completely untrue, unsubstantiated and wrongly projected". "Swadeshi Jagran Manch has all along been opposing this dangerous and unneeded GM mustard being brought in through the backdoor as a public sector genetically modified organism (GMO)," organisation co-convenor Ashwani Mahajan said in the letter.
India has emerged as one of the top three choices for investments in the next 2-3 years, with more than two-thirds of respondents in a survey of multinational companies (MNCs) citing the country as their number one choice for future investments. According to the FDI survey released on Tuesday by CII in association with EY, about half of the respondents see India amongst the top three economies or leading manufacturing destinations of the world by 2025.
The police on Wednesday registered an FIR and formed several teams to nab the accused passenger.
'MNCs now recognise India's capacity for innovation and its pivotal role in substantive contributions to global product development.'
Director Danis Tanovic, producer Anurag Kashyap and actor Emraan Hashmi have created an inspiring work of international collaboration with Tigers. Arthur J Pais reports from Toronto.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
Bengaluru recorded the highest green building stock at 140 million square feet, followed by Delhi-National Capital Region at 74 msf, and Hyderabad at 72 msf for Grade A office buildings as of September 2023.
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
Downloading songs, movies, books? You may have to pay tax on it.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
The Lieutenant Governor's statement comes days after the Congress MLAs sought Centre's intervention complaining Bedi's style of functioning.
With grain procurement target significantly higher, FCI is faced with storage space shortage.
After ramping up production to meet the steep demand spike during the Covid-19 pandemic, Indian medical device makers are now struggling with idle capacity. According to industry estimates, around a third of the installed capacity, especially for consumables, disposables, small-ticket electronic items, etc., is lying unutilised. Sample this: India used to produce just 6.24 million pieces of PPE kits per annum before the pandemic, but by June this was ramped up to 233.87 million pieces per annum.
The government has approved Rs 357.17 crore for Apple's vendor Foxconn India and Rs 58.29 crore for Dixon Technologies subsidiary Padget Electronics under the Production-Linked Incentive scheme for mobile phones. This is the first time the government has cleared an incentive of a global company engaged in electronics manufacturing in the country. "Foxconn Hon Hai Technology India Mega Development Pvt. Ltd is the first global company that has been approved under the target segment 'Mobile Phones' (in the category of invoice value of Rs 15,000 and above) to receive incentive under mobile manufacturing for the period 1 August 2021-31 March 2022 based on its incremental investments and sales figures.
Tech companies typically do lots of business overseas and book profits in low-tax jurisdictions.
For the Bharatiya Janata Party anything manufactured in India, including by multinational companies, are local products and it would not make a distinction among them, the party said on Thursday. Responding to questions on Prime Minister Narendra Modi's call for national self-reliance, BJP spokesperson and Rajya Sabha member, G V L Narasimha Rao, said there is not going to be any directive to buy local products but felt that a lot of people might themselves see the need to purchase those of good quality made in the country.
Currently, companies are taxed in the jurisdictions in which they have a physical presence. However, digital businesses generate revenues from markets without a significant physical presence in a country.
...Are algos taking over from 'shoeshine and a smile', asks Ajit Balakrishnan.
"We have zeroed in on two companies down south: One in the electronic security systems space and the other in manned guarding services. The total cost of acquisition would be Rs 100 crore (Rs 1 billion), that will be fully funded through internal accruals. We expect to seal the deals in the next six months," Diwan Rahul Nanda, chairman and managing director, Topsgrup, said. The 37-year-old company closed the last financial year with revenues of Rs 330 crore (Rs 3.3 billion).
A day after joining the OECD-G20 framework for global minimum tax, the finance ministry on Friday said some significant issues including share of profit allocation and scope of subject to tax rules are yet to be addressed and a 'consensus agreement' is expected by October after working out the technical details of the proposal. Total 130 countries on Thursday agreed to a overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15 per cent rate. India is in favour of a consensus solution which is simple to implement and simple to comply.
Organisations today are more focused on candidates' skills that will not only add business value to the organisation but also help them thrive.
The Rs 1-trillion organised dairy market is dominated by co-operatives in almost every state.
As Deveshwar announces his decision to step down, he has a rich legacy to leave behind.
Krithi Krithivasan is the kind of person one might look to when the need is to calm things down and put things back on track.
Junaid Ashraf Khan 'Sehrai' whose father is chairman of the separatist conglomerate Tehrek-e-Hurriyat, was killed in the encounter.
2022 is shaping up as the year brimming with job opportunities for people who possess relevant skillsets. Therefore, it is crucial for fresh graduates and young professionals to enroll in relevant certification courses to add more feathers to their introductory portfolio
Vivek Gambhir revels in his two-city life between the Godrej-owned flagship in Mumbai and his own family in New Delhi.
At a time when the overall narrative is around India being an attractive investment destination, the two American multinationals are more specific in projecting India as their centrepiece.
'We aim at establishing India as an early talent hub on a global scale and are actively recruiting professionals in areas like cybersecurity, machine learning, data science, and other relevant fields.'
'Even troubles/challenges seek attention/respect.'
Recipients of these damaged mementos have been given the option to either seek a refund of their bid amount or get a replacement for these broken items.
