Thomas Archer Bata says if the tax rate is kept above 20% it will be a very big hit.
We are entering a period of turbulence, but you can profit off that volatility.
The transformation will be driven by the number of initiatives the company has identified.
Under the scheme coming into effect from April 1, 2018, a donor could purchase bonds from authorised banks against cheques or digital payments. These would be redeemed only in the designated account of a registered political party.
He said that India will work with Singapore to bring the Regional Comprehensive Economic Partnership to early conclusion. He also said the India-Singapore Comprehensive Economic Cooperation Agreement has been reviewed and the two sides will work to further upgrade it.
Mistry said he hoped the company would soon take a decision on appointing a woman as director on the board.
Some initial reactions to Prime Minister Narendra Modi's announcement of demonetisation of Rs 1,000 and Rs 500 notes with effect from midnight.
Infosys had earlier this year decided to expand its 'Innovation Fund' five times to $500 million to provide financing to start-ups and new technologies.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
India was less directly affected by the Chinese stock market rout and yuan devaluation that battered currencies and markets in the region.
The TCS results are probably a pointer to the subdued outlook.
'Earlier, when they were selling tickets at Rs 1,000, a family of five could travel by flight.' 'When it comes to realistic pricing and the price becomes Rs 5,000, a family of five will have shell out Rs 25,000.' 'How many will be able to afford that?' 'You will see people switching back to train travel which is more realistic.'
Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.
Eco affairs secretary says double counting possible; cash availability to improve in three weeks.
The first reason is engineering services, says Anant Gupta
The currency ban has changed the lives of the people facilitating this move across India.
Election Commission officials said they have deployed around 680 companies of central police forces and over 20,000 state police personnel in over 53 constituencies of South 24 Parganas, Kolkata South and Hooghly districts going to the hustings on Saturday in the fifth phase of polling.
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets
Maruti Suzuki's inventory across its dealerships is a 100,000 vehicles at the end of any month. However, it was only 34,000 vehicles at the end of December 2016.
Sensex firm on favourable GDP numbers for FY16.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.
The regulator said that it is vested within its purview to regulate the bank account for payment systems and the settlement systems are finally posted in the books of account of banks with the RBI to attain settlement finality.
Market breadth is positive with 942 advances and 196 declines.
Overall, the populist/ electoral elements in the budget have remained measured with the finance minister being clearly aware of a higher-than-expected rise in oil prices, less-than-planned tax revenues and the wider deficit for FY 17/18, constraining his margin of maneuver, says Claude Claude Smadja.
'Gold could return 10% to 12% in the next two-three years.'
The S&P BSE Sensex dropped 207 points to end at 25,230.
Open loop pre-paid cards come with a two-factor authentication. One for ATMs and PoS transactions, and the other for online transactions
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
"Our agenda is to fight for a country free of corruption and black money. But their agenda is to close (disrupt) Parliament...I am puzzled," Modi said.
'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
Pharma major Lupin and mortgage lender HDFC were the top losers.
Even as good days continue to elude the economy at large, they seem to have arrived for Maruti Suzuki.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
'If one is looking for evidence of his talents as a mass leader, it has been on display since he announced demonetisation on November 8.' 'Let us look at it and appreciate it, because we are in the presence of a true master,' says Aakar Patel.
Maruti is expected to post double-digit growth on product launches and good demand for entry-level cars.
India lost fastest growing major economy tag to China in the March quarter with a GDP growth of 6.1%
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
India's record current account deficit has been a key reason behind why Standard & Poor's and Fitch Ratings cut their outlooks on the country's sovereign rating to 'negative' last year.
