The draft regulations in this regard are expected to be approved by the board during the meeting.
As on July 31, the valuation of his shareholding in the company stood at Rs 9,830 crore.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Water shortage is likely to lead to political tensions and instability in the future, warns Simon George, President, Cargill India.
Exodus of top managers an unintended side effect of roaring MF industry
These start-ups include high-growth companies such as Ola, Paytm, Lenskart, UrbanClap and Urban Ladder. Nearly half of these have gone on to raise follow-on funding, a key measure of success for start-ups. A few have become unicorns, the term for start-ups valued at $1 billion or more.
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
The entities are classified as 'vanishing companies' if they cease to file their balance sheets and other documents after raising capital and the whereabouts of their offices or directors become untraceable.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
Apple follows the October to September calendar for its financial results.
To attract people from tier-1 colleges IT services companies must increase payment to freshers: Mohandas Pai.
Short sellers may capitalise on the weak sentiment owing to the dispute between co-founders Rana Kapoor and Madhu Kapur.
The first high-level meeting of the Special Investigation Team on the issue of black money and special probe into cases of unaccounted funds stashed away abroad by Indians will be held in New Delhi on June 4.
The combined share of customs and excise duties, service tax, and value-added tax in India's gross domestic product reached an all-time high of 10.5%.
Rediff readers tell us what their first salaries meant to them.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
'The fact that housing units worth a whopping Rs 4.5 lakh crore in top seven cities are stuck under various stages of non-completion indicates that there is a dire need to create stress-asset fund which will help bail out lakhs of distressed homebuyers,' says Anuj Puri, Chairman, Anarock Property Consultants, a real estate services company.
Leasing activities of office and retail spaces would not be affected much.
Online retail in the country is expected to grow to $200 billion by 2026, up from $15 billion in 2016.
When the highest court gave a decision on the Navtej Singh Johar case, it held that LGBT citizens have a right to not be discriminated against on the basis of their sexual orientation. It was keeping this in mind that this same sex couple approached the Delhi high court.
Good growth in BFSI segment, favourable currency to aid the company in Dec quarter
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Over the last years, taking the helm at Infosys has always had a strong resemblance with taking a roller-coaster ride
The G20 chair has suggested three areas for the talks in Argentina - the future of work, infrastructure for development and a sustainable food future, areas where India has a lot at stake.
Rama Mohana Rao's son became director of 7 companies after he became chief secretary.
Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.
Building a global brand was Choksi's idea, which Modi borrowed from him.
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.
If you miss the July 31 deadline, there is a late filing fee of up to Rs 10,000. Also, you cannot file returns beyond March 31, 2019.
Perhaps, the most misunderstood aspect is the role of the state.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Companies' annual reports can hide as much as they reveal. Investors can get early warning signals of wrongdoing by frequently speaking to other stakeholders.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
The report analysed product launches of 2011, their success over three years, and reported 31 of the 14,509 products introduced that year were received well by consumers.
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