Bisleri, which enjoys 65 per cent market share in the branded water segment, is also eyeing a sharp growth in sales during the festive season that begins from August and expects to double its revenues this fiscal.
The indicator, designed to flag turning points in the economic cycle, suggested there was "stable growth momentum" in the bloc of mostly wealthy developed nations, the OECD said.
Design thinking is not designing as traditionally understood.
Amazon's fulfilment centres, which store products of hundreds of vendors selling on the American online major's platform, are being cited by Karnataka state government authorities as a primary concern in an ongoing tax dispute.
At present, the threshold prescribed for imposition of Value Added Tax -- which will be abolished when GST comes into effect -- differs from state to state.
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.
GST making you anxious? Here is a fact-check on how new tax will impact you.
Telecom players are set to use 3G technology to woo the ever-expanding mobile user base with value-added services and much higher speeds.
ISRO needs next generation launchers and new facilities to manufacture and launch them.
As per the notification, exemption in VAT would be limited to sale of 3,000 motorcycles, scooters and mopeds and 1,200 four-wheelers every year, they said adding that serving personnel of Indian Army, other security establishments and ex-servicemen will get the benefit of tax exemption.
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
Exports to Greece from India are $360 million a year.
A discussion paper by the empowered committee of state finance minister released today said taxes levied by the central government like excise, additional excise duty and various surcharges and cesses would be part of the GST.
We asked readers to share experiences they've had with their cellphone service providers. Here are some more accounts.
He also said GST will take about a year to stabilise.
Faster connectivity, a host of value added services like internet TV, video-on-demand, audio-video calls and high-speed data exchange will soon be a reality in India as one of the biggest auctions begins today for 3G spectrum.
If the industrial sector expanded, growth rate is likely to rise in the remaining quarters to reach 7.6-7.8 per cent for 2017-18.
But the measures, particularly in agriculture, may not be enough to revive the sector and double the farm income, says S Mahendra Dev.
Extension of 2% interest subvention for textile sector will reduce the interest burden on the P&L of textile companies this fiscal.
We asked readers to share experiences they've had with their cellphone service providers. Here are two accounts.
The government also withdrew the five per cent VAT on compressed natural gas besides bringing back the VAT for tea, coffee and cocoa to five per cent from the proposed 12.5 per cent.
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
ATF price in Delhi was reduced by Rs 4,765.5 per kilolitre (kl), or 11.9 per cent.
The new Goods and Services Tax (GST) is broadly as announced by Pranab Mukherjee in his Budget speech in July, and will comprise two parallel systems.
The Rs 1-trillion organised dairy market is dominated by co-operatives in almost every state.
Indians are more willing to experiment with value-added services, including chatting, video gaming and watching live TV on mobile phones, as compared to their global counterparts, KPMG says.
The main reason for the move is the volatility in prices and inconsistent supplies for value-added grades.
'If petro products are brought into GST, then there will be minor impact on the incidence of tax... and minor impact on prices. The price of petrol, diesel will continue to be driven by global factors'
Even as the Indian IT industry is studying the fine print of the European Union (EU) to expand the scope of value-added-tax (VAT) from January 1, to include services like back-office operations, call centre work and administrative services delivered from non-EU nations (including India), it does not appear to be unduly perturbed.
For 33-year-old Amit Lakhmani, the chief executive officer of Kolkata-based wireless and internet value-added service provider Max Mobility, embarking on a business outside of the then booming manufacturing and services sector was a natural choice.
Indian telecom giant Bharti Airtel has now become India's biggest music company, overtaking the industry leader Saregama, on the back of its music-related value-added mobile services, a top executive has said.
The decision to decrease VAT on diesel from 20 per cent to 12.5 per cent was taken at a cabinet meeting today presided over by Chief Minister Sheila Dikshit.
Telecom major Tata Teleservices said it will offer comic books on mobile handsets to Tata DOCOMO subscribers.
It will compete with rivals Amazon Web Services and Microsoft Azure
State-run telecom operator BSNL on Tuesday said it expects to close the fiscal with 10 lakh 3G users from seven lakh at present.
The GST Council last year imposed a cess of 15 per cent on hybrid vehicles, in addition to the 28 per cent GST, leading to a total tax burden of 43 per cent against a previous tax rate of 28 per cent.
The new tax is expected to subsume various indirect taxes, including excise and value-added tax.
Biscuit manufacturers have sought abolition of excise duty and reduction in value added tax by as much as 4 per cent in the Budget, stating that the product is consumed by common man and also distributed as relief material.
The finance minister has labelled about 65 per cent of the fuel excise revenue as cess, including the restructured road and infrastructure cess
Twenty-five years on, Coca-Cola is involved in a new search. Arnab Dutta reports.
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