Future Retail Ltd (FRL) on Wednesday said it has filed an appeal in the Delhi high court against the status quo order on its Rs 24,713-crore deal with Reliance. On Tuesday, a Delhi High Court bench of Justice J R Midha had directed FRL to maintain status quo in relation to its Rs 24,713-crore deal with Reliance Retail that has been objected to by US-based e-commerce giant, Amazon. Following the Tuesday directive, FRL had said it would explore legal recourse.
It is desirable that now IT industry has to move up the value chain and to facilitate that, the Budget this year should give immense support to the IT software product companies.
Be mindful that each instrument is governed by a different set of gifting rules and is also taxed differently.
In an interview with rediff.com Sabina Chopra, Yatra.com's co-founder and executive vice president, operations, spoke about the company's initial challenges, how they overcame them, their hiring plans and do's and don'ts for young entrepreneurs.
Future Group Founder & CEO Kishore Biyani wants to take his pet theme of 'collaboration' to the next level for a greater share of the consumer's wallet.
Sanjeev Bikhchandani, Founder & CEO, Info Edge (India), and B S Nagesh, CEO, Shoppers Stop, say hiring is not taking place in companies the way it was happening two to three years earlier.
Concerns over economic slowdown, muted earnings, crisis in the auto industry and global trade issues have been weighing on investor sentiment, experts said.
Financial planning expert Anil Rego will answer your credit card queries in an online chat on Wednesday, October 14, between 2 pm and 3 pm IST
Pushed by rising prices of essential kitchen items, the retail inflation rose to an eight-month high of 7.34 per cent in September, making the RBI's task to push growth by reducing the interest rate even more difficult in coming the days. The Consumer Price Index (CPI)-based inflation was 6.69 per cent in August and 3.99 per cent in September 2019. Inflation has been hovering above 4 per cent since October 2019.
Join us for an online chat with health insurance expert Anil Rego between 2 pm and 3 pm on Thursday, February 15.
Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
On the macroeconomic data front, PMI data on manufacturing and services sector will also influence trading
Budget carrier SpiceJet on Friday triggered off a price war in the aviation industry announcing one-way discounted fares starting Rs 1,999 for travel between September and December this year, prompting IndiGo to follow with a similar offer soon after.
Investment advisor Anil Rego will answer your queries on the ban on Rs 500 and Rs 1000 notes and what you should be doing.
Even though PUBG Corporation is a South Korean company with its headquarters in Seoul, Tencent Gaming, a subsidiary of Chinese investment and technology giant Tencent, holds the global franchise for the mobile version of the game.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
The National Basketball Association (NBA) has planned to launch NBA AcademyIndia, an elite basketball training centre in the National Capital Region (NCR), next April for the top men and women prospects from across the country.
Over 1,600 taxis now have these devices installed.
Kaushik Khona's second innings at GoAir will be more challenging than the first. Globally, the aviation industry is in deep distress because of the pandemic, reports Aneesh Phadnis.
Last week, the country's leading exchange, Zebpay, launched trading in Litecoin, which is the eighth-largest cryptocurrency, following rising demand from Indian investors.
TCS is the country's most valued firm with a market capitalisation of Rs 687,123.96 crore
Join us for an online chat with health insurance expert Anil Rego between 2 pm and 3 pm on Wednesday, October 7.
The bank can declare a withdrawal by you as illegal and deny any remedy in case a problem arises.
Ola said it has obtained licences to operate in South Wales and Greater Manchester, and will launch operations in South Wales by September.
Most of the economic activity in the country had come to a standstill after the government imposed a 21-day nationwide lockdown beginning March 25 to check the spread of coronavirus.
However, the hefty initial gains of the rupee, which had jumped to 61.05 intra-day, were substantially erased on month-end demand for US dollars from private oil firms and some defence-related purchases, amid fall in domestic stocks.
A weak dollar overseas failed to restrict the rupee's decline, a forex dealer said.
This is the index's biggest single-day fall in almost a month
At the Interbank Foreign Exchange market, the domestic currency resumed stable at its overnight close of 60.07 a dollar and immediately touched a low of 60.09.
In dull trade, the rupee on Monday ended a mere two paise lower at 60.20 against the US dollar on weak local equities and imported-driven demand for the American currency.
The rupee on Tuesday gained 29 paise to close at seven-month high of 60.48 against the dollar on sustained selling of the US currency by exporters and banks.
Three reasons why this is the best time for financial planning.
The rupee on Thursday appreciated 20 paise to end at 62.37, its highest in two weeks, on positive trends in local equities and fresh dollar selling by exporters.
Speaking at the annual management conclave 'Confluence 2014' held at the Indian Institute of Management, Ahmedabad (IIM-A), Rekhy stated that automation in manufacturing such as 3D printing will result in loss of job creation in the industry.
Meet the trailblazers on Forbes 2018 list.
2019, however, will be a bigger test as the firm continues to deal with rising attrition and margin pressure.
Capital inflows continued to aid the rupee's rise, although a strong dollar overseas capped the gains.
Some analysts believe that markets are expected to remain unclear and would have to wait until tomorrow's US non-farm payrolls data.
...for others it would be an incentive to participate more robustly in equities and other tax instruments.