It pegs the value of these companies at Rs 2 lakh crore (Rs 2 trillion).
'Rather than abolishing stamp duty as STT is already levied on all transactions, the government has de-facto imposed a state STT in the guise of stamp duty'
'If the almost literally heart-stopping Suez block has any positive outcome, it is to be hoped that it will accelerate the setting up of a fab (perhaps Taiwanese) in India,' asserts Rajeev Srinivasan.
Hindustan Unilever Ltd, India's largest personal care product maker, on Tuesday reported a better-than-expected increase in its September quarter net profit and revenues, signalling a revival of demand following the world's biggest lockdown.
While a little more than 140 penny stocks have doubled in value, 555 have given negative returns in the past year. Of these, 84 shed more than half their value.
The government on Wednesday increased the import tariff value on gold and silver to $408 per 10 gram and $520 per kg, respectively in line with global prices.
Debroy worked as a consultant in the Department of Economic Affairs in Finance Ministry.
Modi's visit to Brussels comes eight days after the deadly attacks on the city in which at least 35 people, including an Indian, died and over 300 were wounded.
Referring to the government's Make in India initiative, he said India has become a hub of mobile phone manufacturing, which has provided employment to 4-5 lakh youth in the last four years and has helped the country save Rs 3 lakh crore foreign exchange.
During his stay in London, he was reportedly living in the heart of the city above his jewellery boutique called "Nirav Modi" on Old Bond Street, which was reportedly closed last week, The Sunday Times reported.
In fact, almost every fourth demat account with NSDL and CDSL is now frozen. Investors were required to provide PAN card details for opening demat accounts from April 2006.
US, China and Japan have no quotas for women and have had the lowest increase in female directors.
Experts said the 20 per cent drop in the market poses a challenge for companies that have set the ball rolling on their IPO plans as valuations will now have to realign. This could entail more dilution or lowering of the issue size.
The market breadth, indicating the overall health of the market was strong
This is prime minister's second visit to Bhutan and the first since his re-election.
India's antitrust regulator has approved Sun-Ranbaxy deal, subject to the companies divesting seven products.
Some of the sops being offered to rope in new clients and retain the existing ones are cashbacks, reduced fee, and customised consultancy for clients.
Bharatiya Janata Party leader and Investors' Greivance Forum chief Kirit Somaiya has meanwhile filed a criminal complaint against Satyam and demanded that all transactions that have been conducted (after Raju admitted the fraud committed by him) must be reversed today (Friday, Jan 9) before 3 p.m. on the stock exchanges.
As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.
On the eve of the crucial Nuclear Suppliers Group meeting in Seoul over India and Pakistan's membership in the elite group, Pakistan's former permanent representative at the United Nations in Geneva Zamir Akram has said that Islamabad was only opposed to the "exclusive membership" of India.
While Dr Manmohan Singh's government went over board and claimed credit for opening the trade route between India and China through Nathu La Pass, former Sikkim chief minister Nar Bahadhur Bhandari feels otherwise.
The WTO has already significantly lowered its sights since a decade of Doha talks broke down, forcing the body to focus on a much less ambitious set of reforms.
Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.
Flour millers want import duty exemption.
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms
No one knows where billionaire Nirav Modi emerged from. What is known is that when he came (back) to India, he cut his teeth in the diamond business under the tutelage of his jeweller uncle. Then he began to build a glittering international brand. Soon even Hollywood stars like Kate Winslet and Dakota Johnson were walking the red carpet showing off Nirav Modi jewels.
L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.
In yet another setback to it, the National Spot Exchange Ltd on Monday saw non-executive chairman Shankarlal Guru and another director quit, blaming 'bad people' in the management team for the crisis at NSEL.
'India should not be taken by surprise if the Biden administration seeks China's cooperation at some point,' alerts Ambassador M K Bhadrakumar.
An exchange which preaches others on governance must start practising it first, says Shyamal Majumdar.
Both have been robustly muscular leaders who began as immensely charismatic politicians conveying an impression that they were makers of history, raring to go. Both have been hyperactive on the world stage. But in the final analysis, Abe is departing on a sombre note, unceremoniously and apologetically, observes Ambassador M K Bhadrakumar.
Shares of IT giant Infosys erased early gains and ended with a loss of nearly one per cent on the NSE today on profit-booking after the company named former SAP executive board member Vishal Sikka as its new CEO.
The WTO has resumed work at Geneva from September 1 after a month long vacation.
The Bombay Stock Exchange may longer enjoy the exclusivity over the reporting platform for the corporate bond market
SEZs account for just about a third of India's merchandise exports (and roughly the same proportion of services exports). Yet, the notion of creating global manufacturing centres of the kind that propelled China to superpowerdom retains a durable appeal within the Indian policy-making establishment, notes Kanika Datta.
Hectic preparations are on at the newly-formed Niti Aayog to welcome the first Vice-Chairman Arvind Panagariya and other members whose appointments were approved by Prime Minister Narendra Modi on Monday.
Investors will see that India story actually continues to be a good one, he said.
