'The Chinese thought India would back off. 'They did not expect such a firm Indian response to their expansionist manoeuvre.'
Asking India's Reliance Industries and other energy firms doing trade with Iran to choose either Tehran or Washington, US Senators have moved a bill aimed at penalising such companies.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
India is likely to intensify diplomatic efforts with Angola to secure clearance for ONGC Videsh Ltd's acquisition of 50 per cent interest in an oil field in the oil-rich African country.
And it's a strategy that seems to have paid off. Online booking for the motorcycle has been temporarily halted given the huge waiting list of buyers. Orders are still being taken at the dealerships, but the earliest one can expect a delivery is by the end of 2019, reports T E Narasimhan.
The oil crisis could not have come at a worse time for the Modi government as its tax collection has fallen short of its 2020-2021 target by Rs 5.2 lakh crore.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
Information technology firm Patni Computer Systems on Thursday said its earnings for a financial period could be affected
L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.
'I do not agree that the intent was to send a political message to China that the US treats friends and foes alike.' 'In any case, such acts do not ruffle a feather in China,' observes Commodore Venugopal Menon (retd).
Since 2000, China has had the world's largest outflow of HNIs.
Indian Oil Corp is ranked highest at 161st in the Fortune 500 list.
Other shortlisted chief executives include Abdulrahman Ali Al-Abdulla of Muntajat, Peabody Energy's Gregory Boyce, Pailin Chuchottaworn of PTT Public Company Ltd, Repsol's Antonio Brufau and Ian Taylor of Vitol.
Buying a used vehicle is a lot more complicated. Not only do you have to worry about its condition, you also have to think about whether the price you are offering is anywhere close to its true value, reveals Sanjay Kumar Singh.
Oil and Natural Gas Corp (ONGC) has said its net profit will drop by over 47 per cent to below Rs 10,000 crore (Rs 100 billion) this fiscal if the government forces it to shell out a higher fuel subsidy.
Continuing his stand that Congress vice-president Rahul Gandhi had taken British citizenship to set up a company in the United Kingdom, Bharatiya Janata Party leader Subramanian Swamy on Wednesday said that he will ask the Enforcement Directorate to register an FIR against the former.
Life insurers have decided to pass on service tax to customers. The chief financial officers of life insurance companies met last Wednesday and have decided to pass on the service tax burden to customers, confirmed officials of various life insurance companies.
Images from Day 2 of the Pink-ball first Test between Australia and India, in Adelaide, on Friday.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
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Cairn India said it has always been fully compliant with all Indian income tax laws.
The total tax burden on Indian companies is one of the highest in the world and in fact more than that of businesses in major economies like the US, UK, China and Japan.
This hill town has been in grip of violence since Thursday after a fight between residents of Shillong's Punjabi Line area and Khasi drivers of state-run buses.
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
Earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge
The petroleum ministry has rapped Reliance Industries for failing to meet its obligations of opening and operating 10 per cent of its petrol and diesel retail outlets in remote and low-service areas.
Multinational companies like Shell, Caltex, Elf and SHV that have been attracted by the huge possibility to market Liquified Petroleum Gas in India are these days waiting for their chance.
The CM also announced compensation of Rs 10 lakh each for those killed during the protest and Rs 3 lakh each for the injured, government jobs for the family members of the deceased also announced.
The ED has now seized the property, agency sources said.
Mahindra, which emerged as the preferred bidder for SsangYong in August 2010, will now hold a 70 per cent stake in SMC, for which it has shelled out $463 million (about Rs 2,105 crore).
To decide whether capital gains on surrender of call options are taxable
Under the Goods and Services Tax, effective midnight of June 30, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.
Defying prohibitory orders, protests were held in Delhi, Bengaluru, Hyderabad and several other cities. Protesters, mostly students and activists, were detained on a large scale in national capital and other places.
Sebi has initiated action against companies suspected to be existing 'only on paper'.
Against estimates of black wealth of Rs 300 lakh crore and black money in cash of Rs 3 lakh crore by economist Arun Kumar, the PMGKY numbers fall short by a huge margin.
Goa Chief Minister Manohar Parrikar has sought an apology from the organisers of the Sunburn music festival over their reported allegations that they had to shell out money to obtain permission for hosting the event in the beach state last year.
US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore (Rs 110 billion).
The company is looking to invest more than $3 bn over the next three years.
