Wealth of the richest 62 people has risen 44% in the five years since 2010, while that of the bottom half fell by 41%
Cairn Energy and Air India have jointly asked a New York federal court to stay further proceedings in the British firm's US lawsuit targeting the airline for enforcement of a $1.2-billion arbitral award. The move follows the government enacting a law to scrap retrospective taxation in the country, which in effect will result in withdrawal of the Rs 10,247 crore tax demand on Cairn, according to court documents reviewed by PTI. The British company had won an international arbitration award against levy of such taxes and sought to take over Air India assets when the government refused to honour the award and pay it $1.2 billion-plus interest and penalty.
Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.
MNC required to bring in only 10% of issue value upfront during buyback; domestic currency lost 12% since offer was announced
Gender diversity is important to the success of companies,he said.
Compared to their Indian peers, MNCs have higher return ratios.
Patanjali, to a large extent, has penetrated the target group for its products. As a result, increasing the consumer base and revenue by 100 per cent in FY18 will be a stiff challenge.
Just months before the deadly gas leak in Bhopal killed 15,000 people, journalist Rajkumar Keswani -- who passed into the ages on Friday, May 21, 2021 -- had warned that the 'city stood on the edge of a volcano'.
Hyderabad-born Gadde, 45, is Twitter's legal, public policy and trust and safety lead.
If people can lobby me for making changes in policies that goes against the country's interest, I won't keep myself in this position, says the vice chairman of NITI Aayog.
HR Guru Mayank Rautela offers practical advice.
She said then defence minister Manohar Parrikar had replied to the letter asking the official to remain 'calm' as everything was 'alright'.
Since 2013, the FDA has banned around 30 Indian drug manufacturing units for various violations
Under new government, tax office to explore ways to reduce disputes.
UK-based Cairn Energy PLC on Wednesday said it has agreed to drop litigations to seize Indian properties in countries ranging from France to the UK as it has accepted the Indian government's offer to settle tax dispute relating to the levy of taxes retrospectively. Meeting the requirements of new legislation that scraps levy of retrospective taxation, the company has given required undertakings indemnifying the Indian government against future claims as well as agreeing to drop any legal proceedings anywhere in the world. The government now has to accept this and issue Cairn a so-called Form-II, that will commit it to refund the tax collected to enforce the retrospective tax demand.
HR Guru Mayank Rautela offers practical advice.
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
Software product revenues seen at only $6.1 bn in FY15
Do you suspect that your partner is cheating on you and want to find out the truth by installing spyware on their phone? Or, perhaps you are a student who wants to get out of an online classroom so you can play an online game with friends? How about some Zoom raiding for a mere Rs 50-100? Or, are you a person who wishes to hack into someone's phone or laptop, and steal their financial details? Crimeware-as-a-Service (CaaS) allows you to do all this and more.
In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year
Firm has shortlisted 4 candidates for engineering head post
Promoter holding in family-owned firms up 70 bps since 2005, 240 bps since 2010.
Shockingly, students of various schools and colleges were clients of Hyderabad drug peddlers.
One of India Inc's top demands is the abolishing of the MAT.
'Vibhuti was a braveheart.' 'He always said I cannot stay behind. He always wanted to lead.' A cousin and friend remember Major Dhaundiyal who made the supreme sacrifice for the motherland on Monday.
Rohit Gawli, CEO, Lokal Kitchen, a food-tech company, tells you how to start a business from the comfort of your home.
An interview with HUL's managing director and CEO Sanjiv Mehta.
The court will hear the matter on September 6.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
The collapse of Thomas Cook in the UK has no impact whatsoever in terms of ownership, business, people, technology or processes to us at Thomas Cook India: Madhavan Menon, chairman & managing director, TCIL.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
What will happen to the job placement and summer internship plans of India's management and IIT students? Many campuses are stepping in to help students hang on to their placements, in spite of the lockdown.
'The deeper problem is big government -- a giant monster with a giant appetite, which requires it to put more and more pressure on tax officials to extort. 'And the monster is getting bigger by the day. But then, Mr Modi too knows this,' says Debashis Basu.
US-based global tech giants, including IBM, Amazon, Google and Microsoft, have partnered with the White House to "unleash the power of American supercomputing resources" for combating the novel coronavirus, President Donald Trump has said. From volunteering to manufacturing masks and ventilators to ramping up production of essential medical supplies and general items, the country's private sector have joined America's war against coronavirus in a big way, Trump said on Sunday, while launching a new public-private consortium organised by the White House, the department of energy and tech company IBM.
Drug maker Cipla always fought a lone battle to make drugs affordable in India.
Wrapped in blue and orange wax paper, it's a familiar sight on the shelves of kirana stores across the country. Given how well travelled and mobile it is - starting its journey in Chennai, then turning to Singapore and now landing in Mexico - you could say it lives up to its name: Modern. Modern Food Enterprises, the company that manufactures and sells the bread in question as well as other bakery products under the "Modern" brand name, has recently been sold to the world's largest baking company, Grupo Bimbo, for an undisclosed amount. This latest transaction is the second change of guard at Modern within five years and third since the government divested the company at the turn of the century. At a time, when the National Democratic Alliance government has decided to privatise, or shut down, public sector enterprises except for those deemed strategic, Modern makes for a promising case study of how divestment led to the brand's growth, both in revenue and reach.
Mukesh Ambani remains the country's wealthiest promoter as his stake in Reliance is now worth Rs 3.25 trillion!
HR Guru Mayank Rautela offers practical advice.
India's e-commerce market grew 27 per cent in 2014 to $3.8 billion.
The company believes that Protinex's current powder form limits the scope of expanding the business and hence, diversification into new categories is essential for its growth.
