The recommendation, if implemented, could severely dent coal miners' bottom line.
Not all state governments have been kind to the global seed giant Monsanto. And cotton farmers have been less than grateful for the genetically modified technology that is said to have changed their fortunes dramatically.
While saying money was due from Suzuki, the HC told the tax department to determine an appropriate arm's-length pricing mechanism in this case.
Mobile phone manufacturer Oppo has lodged an appeal with the Supreme Court against an order from the Delhi high court. The order requires Oppo to submit a security payment related to the India portion of the last-paid licence fee to Nokia in an ongoing patent infringement case. The case is slated to appear before the bench of the Chief Justice of India, D Y Chandrachud, on August 4.
To take the 'Idea to Enterprise' journey, you need to be open about your idea and articulate it to potential customers, existing entrepreneurs, experts in your industry and well-wishers.
NMDC reported a strong standalone revenue at Rs 5,410 crore, rising 45 per cent year-on-year (Y-o-Y) and 35 per cent quarter-on-quarter (Q-o-q) in line with consensus. Iron ore sales at about 11.4 million tonnes (MT) grew 18.9 per cent Y-o-Y (19 per cent Q-o-Q). Realisation stood at Rs 4,679 per tonne, higher by 22 per cent Y-o-Y (12.9 per cent Q-o-Q).
A look at the pictures of the film's world premiere.
Delhi-headquartered Fortis Healthcare is open to acquisition of hospitals with over 250-300 bed sizes as part of its strategy to grow at a faster clip. It may also opt for a neutral brand name soon. Neutral brand is a new brand, which is not owned by any of the stakeholders.
Bring on the popcorn, the OTT scene is buzzing with three things -- entertainment, entertainment, entertainment.
It was lovely to enjoy the magical atmosphere of celebrating the spectacular accomplishments of extraordinary men and women who had enriched the world of sciences, literature and peace, notes Ambassador T P Sreenivasan after attending last week's Nobel Prize awards ceremony.
Now, with Lionel Messi and Cristiano Ronaldo venturing into smaller leagues as they near the end of their brilliant careers, 2024 may finally be the year for the next in line in football royalty.
For the country's maiden offshore mineral mining auction, the Centre is planning to relax the rules on the number of chances for bidding. Under the newly announced draft Offshore Areas Mineral (Auction) Rules and Offshore Areas (Existence of Mineral Resources) Rules, the ministry of mines is planning to offer three chances to potential bidders in its forthcoming inaugural offshore mining auction. If a single bid is not received during the second attempt, the plan is to initiate a new round of bidding for the third time.
'How many voices from that time have stood the test of time?' 'There have been RJs before him and after him, but no one has enjoyed his popularity and longevity.'
The Court also held that Micromax will continue to intimate Ericsson of the arrival of the new consignments at customs and seek its NOC.
An increased brand fee paid by India-listed Vedanta, apart from record dividend, has helped Vedanta Resources (VRL) - the London-based holding company of Vedanta Group - to repay part of its debt. Vedanta paid a brand fee of Rs 2,632 crore ($325 million) for 2022-23 (FY23), according to Nomura report. This was after the Anil Agarwal-owned holding company raised the brand fee to 2 per cent of the turnover for its Indian businesses in 2021.
The competent authority under the Foreign Exchange Management Act (FEMA) has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chinese mobile phone manufacturer Xiaomi -- the highest amount frozen till date in India -- the ED said Friday. The agency charged the popular Chinese phone maker with remitting foreign currency equivalent to Rs 5,551.27 crore to three entities -- one Xiaomi Group company and two US-based unrelated entities -- in the guise of royalty. The Enforcement Directorate (ED) had first issued the order of seizure of these bank deposits on April 29 under the FEMA and later sent it for approval of the competent authority, as required under the law that regulates foreign exchange violations in the country.
Former doubles world No. 1 Leander Paes was recently elected to receive the Ultimate Honour in Tennis - induction into the International Tennis Hall of Fame - as the Class of 2024.
Coco Gauff became the first American to win a US Open singles title since Sloane Stephens in 2017.
Crude and gas supply concerns have eased amid reports that Israel and Hamas have struck a peace deal. The International Energy Agency estimates oil demand may drop slightly in calendar 24 but Opec probably has enough pricing power to maintain $80/ barrel Brent prices. Russia's share of India's crude imports remained strong at about 35 per cent in September 2023.
Virat Kohli, Shubman Gill and Suryakumar Yadav took a break from practice to watch the the FA Cup Final between Manchester City and Manchester United on Saturday, June 3, 2023.
There are plenty of shootouts and a fair amount of sex over the nine brisk episodes though the dialogue is thankfully free of profanity, observes Deepa Gahlot.
They had all come to see the King of Clay, Rafael Nadal.
Fashion gold from actress Naina Bhan's wardrobe.
Alcaraz's hero Rafael Nadal, who won two Wimbledons and once beat Roger Federer in five sets once said Alcaraz's victory over Djokovic felt similar.
The recent currency volatility - rupee's depreciation against international currencies - may have given heartburns to automakers that rely on imports or pay royalty to parent companies abroad. But for Maruti Suzuki India, favourable movement of the yen - the currency that matters the most - against the Indian rupee, has given it reasons to cheer. The yen's sharp fall against the rupee and the rupee's depreciation against the US dollar, which in turn will bump up export realisations, are set to give a margin boost to the maker of Baleno and Brezza, said analysts. The softening of commodity prices and slew of new SUV launches in the coming months will also aid margins, they said.
From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.
ITC's move to demerge the hotel business into a new entity, ITC Hotels Ltd, is a step in the right direction and will allay investor's concerns on the company's capital allocation strategy in the medium-to-long term, said analysts at Morgan Stanley in a note. According to the company, the board of directors has approved in principle the demerger of the hotels business, wherein ITC will hold a 40 per cent stake in the new entity, and the remaining 60 per cent will be held directly by shareholders. The scheme of arrangement shall be placed for approval of the Board at its next meeting to be convened on 14th August 2023.
In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background.
Chinese phone maker Xiaomi's India unit has been slapped with a Rs 653 crore notice for alleged evasion of import duty, as per an official statement. A show-cause notice has been slapped on Xiaomi India following recovery of documents during searches on its premises that indicated remittance of royalty and licence fee to US and Chinese firms under contractual obligations, the union finance ministry said on Wednesday. Replying to an email query, a Xiaomi spokesperson said, "At Xiaomi India, we give utmost importance to ensuring we comply with all Indian laws.
Long before she won royalty rights for playback singers, there was an undisclosed incident in Lataji's life where she not only put a male colleague in place, but also refused to sing with him thereafter.
Aseem Chhabra lists his favorite 2023 films -- a healthy blend of Bollywood, Hindi indies and some of the best work that is being done in Tamil, Malayalam, Kannada and Bengali cinema.
Assam Chief Minister Himanta Biswa Sarma on Tuesday said he and his Meghalaya counterpart Conrad Sangma will also visit the disputed areas later as a goodwill gesture.
On Thursday, June 1, 2023, Jordan's 28-year-old Crown Prince Hussein married Rajwa al-Saif, a 29-year-old Saudi architect, at a glittering wedding ceremony attended by global royalty, including Britain's prince and princess of Wales.
There's so much left unsaid in the Netflix documentary, Harry & Meghan.
Blockbusters of the year, serial killer of Bollywood movie critics, goth teen queens discovering psychic powers and Groot in holiday mood, it's all there on OTT this week.
African American singer and actress Mary Millben, known for her moving rendition of Om Jai Jagadish Hare and Jana Gana Mana, will perform at a diaspora event to be attended by Prime Minister Narendra D Modi in Washington, DC on June 23.
Also in Hyderabad, fans of actor Prabhas, who plays Lord Ram in Adipurush, beat up a moviegoer outside a theatre for criticising the movie.