With real estate valuations falling and other deals coming unstuck, the current management's improved target faces significant challenges.
The paper will invite comments on whether or not the royalty ceiling applicable till 2009 should be re-imposed.
The GIFT City management is in talks with Hong Kong, London, and Singapore arbitration centres
District Judge Samuel Goozee expressed his concern at the late submission of the documents, said to include largely bank statements relating to the diamond merchant's companies, but has agreed to consider the application for their submission.
Tax Guru Anil Rego answers your personal income tax queries.
If a house is sold and the proceeds are used to buy another, whoever contributed to the purchase of the first house can claim exemption on capital gains tax
Chillr recently raised $5 million from Seqouia Capital.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
Supreme Court allows more instruments to use the biometric card.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
The 'severely' spreading virus of the Trojan family has been detected conducting its clandestine operations at the point of sale counters placed at retail terminals after the RBI made it mandatory in December last year for debit cards holders to punch in their PIN every time they make a purchase.
While RBI is yet to come out with a clear regulatory framework for bitcoins, which have been gaining currency across the world over the past few months, it has issued an advisory cautioning general public against use of bitcoins and other virtual currencies.
The Kolkata-based firm already has a presence in 22 states with over 2,000 branches and 5.9 million borrowers.
Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million.
Benefits of demonetisation come at a heavy price for Fintech firms. They will spend a massive amount on securing and reinforcing their cyber security apparatus this financial year. Karan Choudhury reports.
'Where is the board's accountability in this whole transaction? The members of the earlier board who participated in approving and defending these acquisition are still in the current board,' the whistleblower said in a mail sent to US SEC and Sebi.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Microsoft top boss Satya Nadella feels the increase in productivity has come at the price of burning the 'social capital' built up by companies over very many years, observes ad guru Sandeep Goyal.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
Diageo-USL integration pushed by at least two months; Firm likely to rework agreements and seek approval again
A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments
PE investment so far in 2014 stood higher at $ 8.4 billion as against $ 7.8 billion in 2013, with 38 per cent higher volumes in 2014 as compared to 2013, led by the technology sector.
Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
Compared to their Indian peers, MNCs have higher return ratios.
'There has been a marked increase in four types of cases.' 'One is fraud related to online deliveries, online shopping and online groceries and liquor.' 'Second fake news, third hate speech and fourth sextortion.'
While Visa and Mastercard slug it out for leadership, analysts say RuPay has the potential to cause disruption and eat into their market share.
The bank wanted to run a background check on some Indian promoters.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
On Tuesday, Novartis agreed to buy GSK's oncology products business for $14.5 billion, while selling its vaccines business, excluding flu, to GSK for $7.1 billion.
While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail
Kalanithi Maran, the former promoter of Spicejet, has moved the Delhi High Court against the airline.
The RBI plans to increase e-smart facility.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Govt steps up security to check criminals seeking bank details of taxpayers
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
Move to improve transparency but make liquidity more difficult to come by