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).
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.
The Emergency Border Security Supplemental Appropriations Act was passed yesterday by a voice vote in the House of Representatives.
The company is looking to invest more than $3 bn over the next three years.
India's biggest drugmaker Ranbaxy on Thursday acquired the 10th largest generic company in Belgium, Ethimed NV, for an undisclosed sum, a day after it shelled out $324 million to buy Terapia in Romania.
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.
Xerox Corporation will acquire outsourcing entity Affiliated Computer Services for about $6.4 billion in a cash and stock deal.
Many across Corporate India seem to have taken a leaf out of Modi's endorsement of healthy living through yoga.
Financier Bernard Madoff, in jail now, had shelled out nearly $ 1 million towards lobbying and in campaign contributions, of which a large part went to the Democrats, a US research group has said.
With the public sector non-life insurers rationally pricing risks, discounts on property insurance has come down by 20-25 per cent.
The alliance combines capabilities of both the companies to offer a set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications required by Indian businesses, and will span the broad Reliance Industries ecosystem, including its existing and new businesses.
All the three companies, which dominate India's mobile services market with about 53 per cent share, have reduced the quantum of Internet download and/or validity periods on various packages they were offering, as per their websites.
According to the survey conducted by global consultancy firm The Nielsen Company, nine out of 10 Indians believe that free content on the Internet should remain free in the future.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Major Indian automobile companies like Tata Motors, Bajaj Auto and Mahindra & Mahindra seem to have put up a robust performance in Q3 FY 10, paying advance tax of Rs 100 crore (Rs 1 billion), Rs 320 crore (Rs 3.2 billion) and Rs 195 crore (Rs 1.95 billion), respectively.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
Reliance Industries has regained the top slot among Indian energy companies on the Platts global list
Volkswagen's emissions scandal is fueling investor fears about the environment.
The jettisoning of the Fringe Benefit Tax opens a can of. . . questions, mainly, says Ameet N Patel.
A senior NIA official claimed that one of the four terrorists involved in the attack on the army camp in Handwara managed to flee.
OVL, along with global oil majors such as Royal Dutch Shell, ExxonMobil, Chevron, ConocoPhillips, British Petroleum, Total and China National Petroleum Corporation, is one of the 35 companies short-listed by the Iraqi government for the auction, which includes six oil-producing blocks with recoverable reserves of 40 billion barrels of oil, making it the largest such auction in the world.
The international operations of Air India seem to be the main attraction for IndiGo, which has also flagged concerns about some foreign overseas airlines being allowed "disproportionate access" to the Indian market.
Despite flooding the market with energy efficient and innovative products to lure consumers, the unprecedented increase in steel prices have forced the companies to pass on the burden to customer, who is already shelling out more for essential commodities. Samsung India Deputy MD R Zutshi told PTI that based on the input cost pressure linked with the hike in steel prices the company has already increased the prices of refrigerators by 2-3 per cent in March.
The government's plan to cut the corporation tax rate while phasing out exemptions may be sound, but it may not mean a reduced tax burden for India Inc.
Two types of deductibles are associated with auto insurance -- compulsory and voluntary.
If you aren't living under a rock, it would be hard to miss reading or hearing about the Boeing 737 MAX aircraft being grounded by over 50 nations. For those who are in the dark or still confused about the entire episode, here's a simple FAQ on the issue and what's happening around the world.
Corporate India will have to shell out an additional Rs 21,000 crore (Rs 210 billion) if the 2010-11 Budget increases the excise duty by 2 per cent.
ONGC Videsh Ltd (OVL) on Wednesday said its $5 billion bid to buy a stake in Kazakhastan's biggest oilfield has been blocked by the central Asian nation.
UAE-based telecommunication services provider Emirates Telecommunications Corporation has pulled out of negotiations to acquire a stake in Indian wireless telephony service provider Spice Communications, citing high valuation. Separately, the promoters were expecting a deal to be signed in the next couple of days.
The company had started test runs for engines at its Pune facility in September after it work was stopped indefinitely at its Singur plant from August 29, leading to the abandoning of the Singur project site on October 3.
Dissident Aam Aadmi Party leaders Yogendra Yadav and Prashant Bhushan on Monday hit back at the party leadership, claiming that it indulged in "gross violation" of the constitution and accusing national disciplinary committee members Pankaj Gupta and Ashish Khetan of accepting donations from dubious companies and doing a 'paid news' story favouring a company.
Applying balm on the wounds of the two religious groups is a better course of action for the rulers. Common sense dictates the verdict be accepted in good grace by all sides, suggests Virendra Kapoor.
Easily the biggest high-power gathering and by far the starriest event staged in Gujarat, concluded at the Reliance petro township in Jamnagar on Sunday.
