The Finance Ministry has already circulated a draft Cabinet note withdrawing the conciliation offer to Vodafone to resolve the Rs 20,000-crore (Rs 200-billion) tax dispute case.
Nine young men killed in police firing last August have become symbols of oppression of the tribals of Manipur.
States' demand for 5 years and Constitutional provision ruled out
In a development that could hasten the entry of the generic version of Gleevec into the US market, Indian drug major Sun Pharma has sued Novartis Pharmaceuticals Corp in the District Court of New Jersey, demanding rights to launch a generic version of the cancer drug before the Novartis patent expires.
Firm to continue to press ahead with arbitration challenging new law on the tax, will seek $1 bn in damages
The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.
The high court court on Thursday accepted Nokia's appeal to release its local factory after its seizure by authorities in a tax dispute, removing a hurdle for the sale of the company's mobile phone business to Microsoft.
Steps such as safeguard duty in the works to plug the route
These refineries, commissioned mostly in the 1950s and 1960s during India's early industrialisation push, are inefficient and costly to maintain compared to their modern counterparts on the coast mainly operated by private companies.
The rupee has depreciated by 0.95 per cent in two days.
'The army has stopped short of exerting the sort of influence it may have done historically.' 'It is comfortable with its relations with the civilian government as the superior partner.'
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
Claude Arpi, who spent 10 days in the Land of the Dragon, tells us how Bhutan is different from the rest of the world.
Let Bihar be damned under its contradictions of having gone 'dry' and then having been submerged under flood, which is a recurrent phenomena? After all it is a godforsaken land, having lost its promises of overcoming its problems, says Mohammad Sajjad.
Banerjee urged President Pranab Mukherjee to "save" the people of the country from the hardship caused by demonetisation and the resultant cash crisis
The strategies that the gurus adopted to build their successful business empires over the past two decades could hardly be adopted by businesses that openly claim to be businesses, points out Somasekhar Sundaresan.
It is time to take a few macroeconomic risks to kick start the growth.
Row also provides an opportunity for key competitor ITC (Yippee noodles) to step up market share in the prepared dishes segment
Set to benefit immensely from the structural overhaul of the ICC, the BCCI today unanimously backed the plan which would cede executive decision-making in world cricket to India, Australia and England.
China's closer and enhanced relationship with Pakistan is putting considerable strain in India-China relations, says former RA&W officer Jayadeva Ranade.
'If my understanding is correct, one has to file not less than 37 returns per year for every ordinary business, and that too per state.' 'If you are doing businesses in Chennai, Bangalore and Hyderabad, you have to file 37x3 returns every year!' 'The consequence of GST will be chaos, confusion and possibly economic crisis.'
Roland Folger has told the ministries concerned that they are cutting India off from the rest of the world by making it a highly protected market, the Mercedes Benz India CEO & MD tells Ajay Modi.
Captain Pradeep Shoury Arya is an Income-Tax officer whose mission against terrorists in J&K won him the Shaurya Chakra.
Even smaller companies like Torrent Pharma and Alembic file five to 10 ANDAs every year.
The LG is also believed to have cited that the inquiry into the CNG fitness kit scam set up by the Kejriwal government earlier was set aside by the Centre on the same ground.
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
Happy with her latest move, Indrani departed from Courtroom 51 with a spring in her step. The woman who hopped up into the jail truck was a cheerful one.
Majlis-e-Ittehadul Muslimeen, a strong political stakeholder in Hyderabad, has expressed apprehensions that the central government was contemplating giving the city the status of an Union Territory while creating Telangana state and warned that the party will fight tooth and nail against any such move.
Promising Central Bureau of Investigation probe into mining, chit fund and other scams in Odisha, Congress on Friday said it would review all MoUs signed by BJD government in the state in last 10 years, provide pucca houses to landless and allowance to unemployed youths if voted to power.
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The Delhi high court on Monday termed as "serious" the use of internet services provided by offshore firms by government officials in communicating on sensitive issues and asked the Centre to come up with the e-mail policy.
The government is by far the largest employer; job security is guaranteed for government employees, and their wages are set through once-in-10-year Pay Commission.
The BJP, the same party which in 2009 had said, 'Give us power and you will have Telangana within 24 hours', seems to be finding the going a bit bumpy. Vicky Nanjappa tells you why
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
'It has taken bombings in Beirut, bombing of a Russian airliner and now terror attacks in Paris for people to realise that we are not going to achieve our objectives of destroying ISIS if we drive in second gear. We need to get into top gear.'
India's rank in the World Bank's ease of doing business index cannot get better unless more attention is paid to bringing about procedural reforms in the way states run their governments and provide various approvals for trade and industry, says A K Bhattacharya.
A moderate GST rate obviates the need for the two-rate structure.
We need transformative policies and incentives with purpose, especially in solar power and digital infrastructure.
All these measures will revitalise the manufacturing sector, which has been in doldrums.
Dividend payouts seem recession-proof.
For stressed loans, the need is to prevent disruption in cash flows from a systemic perspective, conserving employment and assets in untainted enterprises with the potential for recovery, says Shyam Ponappa.
