India says it gives equal treatment to foreign companies on tax matters, not special consideration.
Challenges notwithstanding, there are handful of players who continue to stand tall and scale-up their business. Many of these are taking inspiration from hyper-local grocery and food-delivery business to go full stack, says Sangeeta Tanwar.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
'A lot of people,' says India's Ambassador to the US, 'are struggling how to define this relationship.' Aziz Haniffa/Rediff.com reports from Washington, DC.
Delhi's inability to open up a new canvas with Pakistan and Sharif is symptomatic of its sluggish thinking. Jyoti Malhotra analyses
Pradeep Bhandari, a consulting editor with the news channel, in his letter written on Sunday to the CJI alleged that Goswami has been shifted to jail on a 'false pretext' and he would be kept inTaloja Jail with 'hardened' and 'underworld' criminals.
The end goal of defence procurement should be not import or indeginisation but securing the country through able and ready armed forces, says Air Marshal P V Athawale (retd)
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Terrorism decreased, corruption and dynastic politics ended and an era of peace, development, prosperity started on August 5, 2019, said Shah as he reached out to the youths in the Valley urging them to stand up to disruptive elements and become ambassadors of peace.
The finance minister asked lenders to identify eligible borrowers and reach out to them and urged for quick implementation of a sustained resolution plan for the revival of every viable business.
The US has been widely criticised for using pressure tactics to secure information from other countries, without reciprocity.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
The Supreme Court on Friday upheld the validity of e-voting process for the winding up of six mutual fund schemes of Franklin Templeton, and said disbursal of funds to unit holders will continue.
Buying medical insurance? Make sure that you know what you are getting and what you are not.
Several on-site labourers in the city want to take special trains being run to transport workers back home. The rising number of COVID-19 cases in the city has caused anxiety among them.
Despite the gains from Jet's closure, in 2018 and 2019, the airline continued to make losses in many quarters for a variety of reasons, including some mistakes like taking on Jet's aircraft, which were not in great shape and had business class configuration, a gamble that did not work for SpiceJet.
The two bills -- Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 -- were passed by Lok Sabha on Thursday.
Justice Rajiv Shakdher, who was hearing a plea by Bollywood producers seeking to restrain them from making irresponsible remarks, listed the matter before the Joint registrar for January 18 for completion of pleadings and admission/denial of documents.
Governor Rajan can be more unambiguously pro-growth.
It is unlikely that the RBI will drop rates until the inflation rate drops below five per cent.
'Now we will have real employees as the owner of the airline.'
Economists praise Das for his pragmatism and willingness to face challenges head on. And in doing so with the finesse of an able administrator.
Out-of-favour India opener K L Rahul was back amongst the runs, hitting an unbeaten half-century to steer India 'A' to 219 for one on day two of the first unofficial Test against England Lions.
Sebi to consider changes in start-up listing norms
'The revival of household savings and investment is the litmus test of whether we are on the road to recovery,' says Nitin Desai.
The retirement of the Jaguar would create a six squadron gap in the IAF's combat fleet which would cost $20 billion-$30 billion to fill.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two factors are giving rise to large deals coming up in the market with a lot of strings attached.
US President Donald Trump is considering suspending a number of employment visas including the H-1B, most sought-after among Indian IT professionals, in view of the massive unemployment in America due to the coronavirus pandemic, according to a media report. The proposed suspension could extend into the government's new fiscal year beginning October 1, when many new visas are issued, The Wall Street Journal reported on Thursday, quoting unnamed administration officials.
The start-up mentors debated if they could drive the price further down, but feared an even lower price would raise doubts about its quality, as was the case with the Tata Nano, reports Amrita Singh.
A direct contest between nominees of the BJP-led NDA and Congress-headed Grand Alliance is on the cards in 20 constituencies
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
Bankers said as part of its debt reduction plan, Canada's Brookfield-sponsored India Infrastructure Trust acquired a pipeline for Rs 13,000 crore from East West Pipeline Ltd, an arm of Reliance Industries Holding Private Ltd, and all the liabilities are now off the subsidiary's books.
Total investments in the first six months of 2017 was a record $11.34 billion
Dinesh Thakur is famous for exposing Ranbaxy safety problems
Voting is being held at 11,860 polling stations spread over 11 assembly constituencies each in Murshidabad and Birbhum, six in Malda and seven in north Kolkata.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
The prejudices the Chinese carry with them mean they are not natural global managers.
Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.
While three of the top five FPIs - Capital, Government of Singapore, and Vanguard - have seen their investment value more than triple, India's benchmark indices have risen just 70%.
