India's economic growth had slumped to decade low of 5 per cent in 2012-13
Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.
More than 1,000 independent directors have quit since January 2017; more could be on their way out
The Indian M&A figure is even more impressive over a 12 month period.
Finance Minister Arun Jaitley is likely to slash corporate tax rate by about one per cent and may put an end date for certain exemptions availed by the industry.
The Reserve Bank of India, in its Second Bi-Monthly Monetary Policy Statement for 2014-15, kept the key interest rate unchanged at 8 per cent.
From anti-profiteering to affixing stickers on existing stocks, FMCG companies are bracing for new set of GST challenges
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The repo rate continues to be at 8 per cent while the cash reserve ratio has also been retained at 4 per cent despite inflation based on the Wholesale Price Index coming down to a 5-year low of 1.77 per cent in October.
Nature's Basket is changing its offering. Its new strategy zeroes in on pushing joint ventures, focusing on private labels and reentering Delhi.
Companies that are listed or are in the process of being listed, and have a net worth of at least Rs 500 crore, must adopt these standards from April 1, 2016.
A soap bar got delivered instead of a mobile phone to a buyer, defective Diwali lights were couriered to another and fake items were dispatched in yet another case.
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According to KPMG India survey titled 'Managing currency and commodity risks' that was released today, a stronger organisational risk culture and greater support from the management are perceived to be the major areas of improvement for better risk management.
The government's plan to mop-up additional revenue from indirect tax may not materialise
The company aims to bring in a million on-board sellers in the next three years.
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
Most of Flipkart's business came from consumer electronics.
A move to extend visas on arrival facility to 150 countries and make world heritage sites more tourist friendly has been welcomed.
Policy constraints may prevent many of the global retail giants from reaching their full potential.There are too many restrictions right now in the sector and policy makers lack clarity.
As infrastructure, power hardly deal in cash, its paucity has failed to affect their receivables
New government should consider reforming taxation rules.
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
Corporate affairs ministry sending notices seeking details of fund disbursal
It will bring in more transparency and reduce mis-selling
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The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
Facebook, LinkedIn, Twitter had 160 mn users but made less than Rs 100 cr in 2012-13
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
Experts hail Budget 2015 as a progressive, growth oriented one.
Flipkart and Myntra, together, post higher sales than Amazon
Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.
RBI has taken a balanced approach in the credit policy considering various developments across the globe and their near term impact.
Consensus seems a problem before the current session of Parliament ends.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
The draft report of the committee contains 27 suggestions for amendments under the I-T Act and eight for reform through administrative instructions.
At Rs 2,685 crore for 1MHz pan-Indian spectrum, reserve price would be 52% higher than that of 1,800MHz band
Sources say companies will have to keep the market share of merged entities below 50% in all circles
The new law would boost home buyer confidence as well as investment in the realty sector.
At Rs 20,000 crore (Rs 200 billion), e-commerce has seen one of the fastest rates of growth in investment activity this year.
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
The mobile wallet player plans to add more Chinese sellers to its e-commerce platform and boost technology for its soon-to-be-launched payments bank
Majority of India's international routes have been captured by foreign airlines.
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