To save promoters from 10% levy, 70 firms call board meetings on interim pay.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Vikram Bakshi on Friday offered to sell his 50 per cent stake in Connaught Plaza Restaurants, the joint venture with McDonald's that operates fast-food restaurants in north and east India, for Rs 1,800 crore (Rs 18 billion).
Financial institutions at the risk of US sanctions as sharing of documents on SC directive amounts to violation of existing agreements.
Analysts say consumers would be the real winners.
The study draws attention to the contribution of the Indian industry
Vikram Bakshi, the estranged partner of fast-food chain McDonald's, will seek reinstatement as managing director of the 50:50 joint venture Connaught Plaza Restaurants, with a plea to the Company Law Board seeking the 'deadlock' in the August 6 board meeting be resolved.
Decoding four important provisions in the Finance Bill 2018.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Flipkart might consider Singapore, too, as listing norms aren't very strict.
GST will lead to consolidation of multiple indirect taxes
Bakshi rejects McDonald's proposal to buy his stake in JV for Rs 48-50 crore
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
Close to a million small shareholders have stake in nine NCLT-bound companies
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
Jaitley sets condition of 50% assets for applicability of capital gain tax.
With Nexa, the value-for-money mass-market car maker hopes to attract premium buyers. Sangeeta Tanwar reports.
Tax department sends notices saying they are liable to pay MAT.
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
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.
Consumers are set to gain from discounts.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
The new law would boost home buyer confidence as well as investment in the realty sector.
If any foreign account holder violates Indian laws, tax authorities can enforce repatriation of funds.
Goods like chocolates, chewing gum, shampoo, deodorant, shoe polish, detergents, nutrition drinks and marble will now attract 18% GST>
With a string of deals with telecom service providers, DTH operators and Bollywood stars, Netflix goes all out to protect its turf in India and fend off competition, says Viveat Pinto.
In September, Sebi had given a six-month extension to companies.
A recent survey done by indianboards.com suggests that around 283 directors will retire by October this year.
The amendment would help check round-tripping of funds and boost the domestic consumption, Jaitley added
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Second hand goods are catching up with customers on renown shopping websites.
The onus is on companies to put in place a vigil mechanism to detect and deter fraud.
Non-resident individuals (NRIs) have also been allowed to apply for the niche banking licence, provided they plan to return to India.
His plan revolves around new products, a renewed thrust on exports and some serious cost savings
Bharat Biotech started work on developing a vaccine against Zika way back in 2014.
Honda cars has strengthend market share in India in the past five years.
Compared to their Indian peers, MNCs have higher return ratios.