With 262 planes, IndiGo operated over 1,500 daily flights prior to March 24 but is now operating around 350 scheduled flights a day, which is putting a pressure on its finances.
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
A four-point charter issued by the Election Commission to bring about uniformity in the election process requires chief electoral officers to secure all details and have standard advertisement rate cards ready six months before the expiry of the state assembly.
India approached the ICJ in May 2017 against Pakistan for denying consular access to Jadhav.
While the first wave of moving work to India was driven by cost considerations, increasingly companies are banking on local talent to add value to their business by jointly developing products and solutions.
The RBI is thinking of a model code of conduct for banks, to ensure customer rights in line with the earlier charter it had framed in this regard.
Is there more than meets the eye to Kitex Garments, the world's second-largest children's garment producer, abandoning Kerala for Telangana?
Members of Parliament, state legislatures, and local governments not eligible to be members of PSB boards
Unless the citizens demand and secure in each sector a citizens' charter setting out the minimum standards of provisioning and performance, things will not improve, says Mahesh Vijapurkar.
In a filing to the Bombay Stock Exchange (BSE), USL said it had made a recommendation to the board of subsidiary United Spirits to consider the sale of the entire share capital of Whyte & Mackay.
After pioneering per-second billing for mobile telephone calls, Tata Teleservices, which offers both GSM and CDMA services, has again unleashed an interesting initiative. It says its subscribers would be compensated if the company failed to meet pre-determined levels of service standards.The new 'Customer Service Charter' for its Tata Indicom users would include five customer commitments such as bill disputes, call drop and handset replacement, among others.
Customers of US cable companies took to social media on Saturday to report problems ordering the pay-per-view (PPV) for the boxing megafight between Floyd Mayweather Jr. and Manny Pacquiao, which was expected to smash records.
Chartered flights may increase 34% from last year as more Russian tourists come calling.
The corporate affairs ministry and the Institute of Chartered Accountants of India (ICAI) are confident of meeting the April 2011 deadline to shift to International Financial Reporting Standards (IFRS).
FDI inflows into India were $34 billion in 2014, up 22%.
Stalin has given due respect to seniority in the pecking order, but has also taken into consideration the demands of individual ministries and the suitability of individuals, observes N Sathiya Moorthy.
The government on Saturday asked the Institute of Chartered Accountants of India to ensure that accounting professionals strictly adhere to stipulated standards in order to avoid Enron-like cases in India.
The RBI cut rates for third time in 2015 due to favourable economic conditions.
After a long hiatus of more than 20 months, the government had on November 26 announced the resumption of scheduled international commercial flights from December 15.
Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their returns, says Tinesh Bhasin.
The Australian team do not need to make wholesale changes to their cricket culture as a few tweaks should once again endear them to home fans, according to Test captain Tim Paine.
If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS.
Under the watchful eyes of five wise men, who know the industry well, banks will not find it easy to hoodwink the system, says Tamal Bandyopadhyay.
Analysts have started talking about at least a 25 bps cut immediately.
Clarity on the roadmap necessary to assess its likely impact on near-term fiscal health and investment.
Accounting regulator ICAI is planning to come out with accounting norms for the software and the BPO industry.
Ethiopian Tesfaye Abera won the Mumbai Marathon crossing the finish line in 2 hours, 9 minutes and 46 seconds on Sunday.
Alert to the looming threat from the 'Omicron' variant, states began to re-tighten curbs and urgently trace people who arrived from abroad in the last one month while a demand to not allow flights from the affected countries was made by Delhi Chief Minister Arvind Kejriwal and Karnataka Chief Minister Basavaraj Bommai.
Income Tax (I-T) Department has issued a fresh notice to realty major DLF even as it's appeal against an additional tax liability imposed on it by the I-T Department is being heard.
Foreign investors keeping off; inflows into bonds also likely to improve if RBI resumes rate cuts.
The Central Board of Direct Taxes, the apex policy making body of the I-T department, issued the fresh directives after it recently got a number of complaints from taxpayers and others in this regard.
Sports Minister Jitendra Singh has asked the Indian Olympic Association to put national interest above all and sort out its differences with the International Olympic Committee so that the country's Olympics ban is revoked soon.
'Any future course of action towards active participation in the alliance when formed would need a lot of deliberation, long term vision and should be in our best national interests,' notes Commodore Vengalil Venugopal (retd).
Says it will have implications for auditing work. According to the proposal, commercial banks need not classify a non-serviced loan under NPAs if the borrower has submitted an application for restructuring the package before March 31, 2009.
26 chartered accountants associated with such shell companies have also been identified
The general elections could take a toll on the bottom lines of a host of Indian companies that have accessed overseas debt.
Management accountants are the conscious keepers of an organisation, says Charles Tilley, chief executive officer, Chartered Institute of Management Accountants (CIMA), UK. In conversation with Business Standard, he highlights how the profession of a cost accountant has evolved over the years to be known as management accountancy.
First-quarter results of several big companies such as Reliance Industries, Reliance Communications, Bharti Airtel and Jet Airways would have been a lot worse had they followed the Accounting Standards 11 rules prescribed by the Institute of Chartered Accountants of India.
"We will ensure that, to any person who has not worked according to our standards and our expectationsm severe punishment be given," ICAI President Ved Jain said after the financial wrong doings by India's fourth largest IT company were unearthed. He added that that under the Indian Penal Code any person party to a fraud or cheating can be convicted.
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