A government report revealed that fake companies floated with fake addresses, issued fake GST invoices and generated fake e-way bills, with fake vehicle registration details without supplying any goods causing huge loss to the exchequer.
A roster of the work for fresh cases notified under the order of the chief justice of India will come into effect from February 5 till further orders.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Traders estimate lower vegetable output this year.
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
In the global market, the US dollar rose against the basket currencies in early trade as US President Barack Obama called for diplomacy in dealing with alleged chemical weapons attack in Syria but kept open the possibility of military action against the Assad regime.
Dog squads are sniffing out poachers and busting their plans. Geetanjali Krishna tells us more about these canine crusaders.
Modi said the push towards a gas-based economy where the share of environment-friendly fuel in the energy basket will be increased from 6.2 per cent to 15 per cent by 2030, will create lakhs of jobs and help meet India's COP-21 commitment of cutting emission intensity by 33-35 per cent.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
Novelis is expected to come out with its March quarter earnings on Friday and a decision on its rating will follow soon after.
Sensex falls at close; metals, banks perform well.
The success story of Adani's Mundra Port in Gujarat, in terms of efficiency, technology and management, should be replicated at Vizhinjam to ensure that this ambitious project does not fail, say Shehzad Poonawalla and Riya Sinha.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
"I congratulate the people of Kochi on the proud moment," the PM said.
For many, he is the Dhirubhai Ambani of Kerala. For others, he is the most influential Indian in West Asia. M A Yusuff is back in the spotlight after the controversy surrounding the UAE's reported offer of a Rs 7 billion aid package for flood-hit Kerala.
The NSE and BSE made Rs 965.5 crore (Rs 9.65 billion) and Rs 135.2 crore (Rs 1.35 billion), respectively, in profits for FY14.
Nestle says newly manufactured Maggi found safe in tests; to start retail sales this month.
After a volatile session, Sensex closed the day 563 points lower
The Sensex ended down 134 points at 28,559 and the Nifty ended 35 points lower at 8,554
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
'The writer remains the most creative force in the process.' 'Producers need to be inventive in how they reward good writing.'
As per Sebi norms, a public sector listed company should have 10 per cent public float by August 08, 2013.
A government that confuses PowerPoints for policy is delaying structural change too much.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
The Union finance ministry has sought views of the Securities and Exchange Board of India (Sebi) for setting up a 'social bourse.'
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
Star all-rounder Kieron Pollard will lead the Trinidad side whereas Darren Sammy will lead the Caribbean Select XI.
Bubbles can inflate indefinitely and also burst, with deep corrections, warns Devangshu Datta.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
I-T dept investigating black money angle; FM hints against bailout for bourse's investors.
Some decades ago, nearly 90 per cent of Nattukottai Chettiars were entrepreneurs; this has dropped to 15 per cent. The community plans to reverse the numbers through know-how, family support, funding and networking.
Jindal Steel and Power was the top loser down 10% followed by Hindalco, Tata Steel, Tata Power which ended down between 0.5-3% each.
A glance back at some of the important ups and down Indian Inc faced in 2018.
The meeting between United States Ambassador to India Nancy Powell and Gujarat Chief Minister Narendra Modi was a "pragmatic" and "necessary step", according to a media report, that said it seems "likely" the visa status of BJP's prime ministerial candidate "could change" if he is elected to the top post.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
The government is going all out to spread awareness about the new indirect tax regime, and training lawmakers is being seen as a necessary first step.
The much-awaited Mahatma Gandhi's bronze statue at Britain's historic Parliament Square will be unveiled on March 14
The FMC on Thursday barred the National Spot Exchange and group firms from auctions of commodities held by the bourse after a complaint that firms related to the former managing director took part in the bidding process.
Says CISCO executive chairman John Chambers, who's 'met every leader in the world, and got to know them very well.'
Delhi Chief Minister and AAP National Convener Arvind Kejriwal unveiled the party's manifesto for the youth. The party, which is aiming to capture power in the state, will come out with separate manifestos for different sections of society.