The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
The many episodes in which the characters quarrel, sulk and rehearse would have been boring were it not for the music, observes Deepa Gahlot.
Eatwithindia is creating an event wherein 36 royal families will play host and share their culinary traditions.
Hardcastle Restaurants to pay royalty of 8% of net sales by 2020, against the current 3%.
With the series locked at 1-1, Brisbane could well decide the course of the rubber and whether Rohit's men would continue to be the master of their fate in the ongoing World Test Championship.
MSI expects the royalty paid to parent Suzuki Motor Corp to come down starting with its upcoming compact SUV as its engineers enhance their role in the joint development of future products.
Tata Steel is in the process of filing a curative petition in the Supreme Court in connection with the apex court ruling which said that states have the power to levy cess on mining and mineral-use activities. The petition by the steel manufacturing firm is aimed at seeking remedy to the order, passed by a 9-judge Constitution Bench of the Supreme Court on July 25. However, Tata Steel's managing director and chief executive officer T V Narendran told Business Standard that there was no demand note on the firm.
Among Sensex firms, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Mahindra & Mahindra and Tata Motors were the biggest gainers. UltraTech Cement, JSW Steel, Tata Steel, Adani Ports, Power Grid and Bajaj Finserv were among the laggards.
The Bill also envisages ushering in a regime of royalty concessions for the first time in the country.
The government will reserve the right to decide on the cost recoverability of royalty from Cairn India's block in Barmer while clearing Cairn Energy's sale of its Indian subsidiary to Vedanta Resources.
As it turns out, in recent years, companies operating in India have been increasing royalty and technical payments to their parent or associate companies at a fast pace.
MNC funds invest in companies where foreign promoters have more than 50 per cent shareholding.
With no solution emerging in the legal battle between music companies and private FM radio operators over royalty rates, many of the 37 private FM radio companies have threatened to shut shop soon, restricting choices for over 200 million FM radio listeners to All India Radio channels.
NMDC, the country's largest iron-ore miner, posted a consolidated revenue in the January-March quarter of FY24. This was in line with estimates at Rs 6,500 crore, which was up 11 per cent year-on-year (Y-o-Y), and a 20 per cent quarter-on-quarter (Q-o-Q) rise on the back of realisations. Iron-ore production was 13.3 million tonnes (down 6 per cent and up 8 per cent Q-o-Q), while the sales stood at 12.5 MT (up 1 per cent Y-o-Y and up 10 per cent Q-o-Q).
Air India Express, the low-cost subsidiary of Air India, would pay an annual royalty to the parent company after it starts operations to the Gulf next month end.
Manushi's Tuscan tan....Kajol wants to be a villain...Diljit jets off to Hyderabad...
A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control.
While we cannot wait to catch a glimpse of her on the big day, one thing is sure: She'll make one hell of a bride.
Customs officials have been directed to stop shipments of such phones. Industry experts expect the move to hit the sales of dual-SIM handsets, which are imported into the country by companies including Nokia, Samsung, Meridian Mobile and Spice. More importantly, this could also affect the plans to manufacture these handsets in the country. It is estimated that around 100,000 dual-SIM phones are sold in the country every month.
The board of Cairn India is opposed to accepting riders like sharing of royalty and payment of cess on the Rajasthan crude for getting government approval for its parent Cairn Energy's sale of a controlling stake in the company to mining group Vedanta Resources.
The long awaited product is likely to be launched early next year.
India's biggest oil and gas bid round attracted four bidders that included state-owned ONGC and OIL and private sector Vedanta Ltd, with most blocks getting just two bids, according to Directorate General of Hydrocarbons (DGH). The OALP-IX bid round, where 28 blocks or areas spread over 1.36 lakh square kilometre were offered for finding and producing oil and gas, for the first time saw Reliance Industries Ltd-bp plc combine bidding together with ONGC for one block in Gujarat offshore.
The All India Tennis Association says it will not waive 'royalty' of around US $40,000 on the Chennai Open unless the Tamil Nadu Tennis Association proves that the tournament is a loss-making venture.
'It is for the first time that a film of mine will be released in theatres and Indian audiences will finally be able to buy tickets and experience it on a big screen, where cinema truly comes to life.'
After reports claimed that filings in patent offices in India, the US, and Europe did not mention ICMR or its scientists, but only BBIL and its scientists, the Hyderabad-based biotechnology (biotech) company clarified that in the "rush" to develop vaccines and file appropriate patents, BBIL had missed adding ICMR's name in the original filings.
DIPP seeks automatic approval, has Plan panel and DEA's support.
Matter to come before copyright board on January 28.
Wankhede Stadium witnessed a gathering of cricketing royalty in the past two days
All eyes will be on star India batter Virat Kohli, who is perhaps battling the biggest form crisis of his career.
The range of food at banquets at the Mughal court consisted of delicacies that commoners could not ever dream of.
Government has set $4.20-per million British thermal unit as the selling price for D6 gas, but the Bombay high court last month asked RIL to supply gas to firms run by Anil Ambani Group at $2.34 per mmBtu, 44 per cent lower than the price fixed by the government.
Nushrratt turns badass... Esha is summer-ready...welcome to Prateik's world...
Cairn India, which is the operator of the block with 70 per cent stake, does not have to pay any royalty. At $50 per barrel crude oil price, the royalty outgo over the entire life of the field would be Rs 16,209 crore (Rs 162.09 billion) -- Rs 4,862.7 crore (Rs 48.62 billion) on its share and Rs 11,346.3 crore (Rs 113.46 billion) on behalf Cairn.
Steel companies are witnessing margin pressures in Q2FY25 and this may persist until China sees growth recovery.
