Micromax to raise up to $1 bn from global investors.
Over the last two years, despite an amnesty scheme, only about Rs 2,500 crore of taxes have been recovered.
Wipro has a good brand because of the trust and quality it enjoys globally.
Amidst indications that Samajwadi Party leader and Chief Minister Akhilesh Yadav is warming up to the idea of an alliance with Congress, UP PCC President Raj Babbar on Monday said his party will contest alone in the state and described such talks as "hypothetical".
'I think governments -- whether this one or the ones earlier -- have not understood the strength of the Indian Railways... that it can easily add 2.5 per cent to GDP.'
The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors.
The BEST workers' union went on strike to press for their demands, including timely payment of salaries.
An ambitious project to awaken a sleeping giant of Asian soccer looks like confirming Nobel laureate Amartya Sen's famous remark that India pricks up its ears only when comparisons with China are made. With China embarked on a multi-billion dollar mission to become a soccer superpower by 2050, India looks set to follow suit with its own plan to raise its status in the game to match its burgeoning economic power. Come October, India, most famously described as soccer's sleeping giant by former FIFA president Sepp Blatter, will launch a programme to engage more than 11 million children in soccer-related activities.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
Our work in last five years and the problems people are facing due to demonetisation will lead us to victory, he said.
Prime Minister Manmohan Singh on Thursday said a strong domestic manufacturing base in electronics and telecommunications will mitigate burden of growing imports for the sector.
The latest ad, done by O&M again, Vodafone's ad agency, shows two engineers tinkering away in a dimly-lit highway tunnel.
New Delhi is approaching Gota with an open mind, observes N Sathiya Moorthy.
'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells Pavan Lall.
The failed deals could be the much-needed wake-up call for the M&A space.
Britain's AstraZeneca on Monday rejected a sweetened and "final" offer from Pfizer , casting serious doubt on the U.S. drugmaker's plan for a merger to create the world's biggest pharmaceuticals group.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
From crisis leaders to future Goliaths, India Inc saw them all in 2017, says Shailesh Dobhal.
Tillerson said he hoped that at some point the North Koreans will begin to understand that the US would like to sit and have a dialogue with them.
In spite of the mega IPO of Alibaba, Flipkart-Myntra is not thinking of a public offering at this point
Amid speculation over the fate of alliance between the Janata Dal-United and Rashtriya Janata Dal ahead of the crucial Bihar polls, JD-U President Sharad Yadav on Thursday insisted that both the parties will fight the assembly polls in the state together in alliance with the Congress to challenge a resurgent Bharatiya Janata Party.
Sardar Patel was "unquestionably" the freedom movement's first-rank leader and the largest credit for shaping the current geography of India goes to him despite which he was "not officially glamourised", senior minister Arun Jaitley said on Monday.
The company has announced a global tie-up with San Francisco-based Uber.
The agreement means consumers will enjoy more choices and varied price points.
The Aditya Birla Group mayrestructure plan to bring all its retail verticals under Pantaloon Fashion & Retail.
Hyderabad, the city which is the bone of contention between Telangana and the rest of Andhra Pradesh in the proposed bifurcation of the state, belongs to all Indians and not to any region in particular, Union Minister S Jaipal Reddy has said.
'The financial sector will be hit even harder than the overall market.' 'The banking sector will eventually be rescued.' 'But it may go into a long downwards spiral before things turn around.' 'Threat or buying opportunity?' asks Devangshu Datta.
Sebi will join RBI and the government in their fight against bad loans.
'Nitish has no future in state politics.' 'Nitish harassed the Yadav community no end in his earlier tenure as chief minister. So who will the Yadav community vote for in the coming state elections?'
The Street is never short of hope and events to look forward to
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
CMC has strong presence in the domestic market. It certainly compliments TCS.
With election campaign ending in Tamil Nadu before it goes to polls on Thursday, N Sathiya Moorthy lists a few questions uppermost in the minds of voters.
Currently, Housing.com makes Rs 1.2-1.5 crore a month, against a burn of Rs 10.05 crore.
'Trump's sparring with China is good for business,' Raymond's CMD tells Pavan Lall.
One of the good things about our business is, if customers are under pressure and in a cost-cutting mode, we are able to provide more efficient solutions.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Even without Shah's TN visit and the rest, the increasing bonhomie between the BJP and the AIADMK factions in the state have become more visible than ever in the post-Jaya era, says N Sathiya Moorthy.
'Nehru's hegemonic politics has been responsible for many ills, which undoubtedly includes Kashmir'
'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'
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