Essar Telecom Retail Ltd will be introducing a pan-Indian network of retail telecom outlets called TheMobileStore, which will offer state-of-the-art technology in telecom solutions besides several value-added services.
In layman terms this means that in cases where buyers purchase houses before completion of construction, builders would be levied works contract tax on the building material.
Many companies are now doing product development from India. There are a lot of products and applications being developed in India, which are suitable for this market.
Moody's has a 'positive' outlook on its 'Baa3' rating on India.
The GST will subsume excise, service tax, value added tax, octroi etc.
Product development, though small in size, is one of the fastest growing segments of the offshore services market.
These builders had collected the taxes from prospective buyers but had failed to deposit them.
State-owned power company PowerGrid Corporation Limited has been awarded the national long distance (NLD) license by the department of telecom for its proposed foray into the telecom business.\n\n
India's economic growth slowed to 7 per cent in the three months through June from 7.5 per cent in the previous quarter
To provide Internet access to travellers, Videsh Sanchar Nigam Ltd said on Wednesday it would set up cyber cafes at 68 major railway stations across the country.
"India's economy is projected to sustain a 7.6 per cent growth rate in both fiscal years 2016-17 and 2017-18," says the year-end update of the flagship report Economic and Social Survey for Asia and the Pacific 2016 of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
\nThe traders had earlier decided to go on a strike from October 2, to protest the implementation of VAT on essential foodgrain.
The six-member monetary policy committee voted 5:1 for the decision, with only Ravindra Dholakia voting for a 0.25 per cent reduction in rates.
Only after its recommendations will the central GST, integrated GST and state GST Bills be taken up
Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
JSW Steel, a part of the $4 billion OP Jindal group, is looking at acquiring a small value-added facility in Western Europe for around $2 million.
With CAS just round the corner, the cable operators are gearing up to offer value added services. One big initiative that seems to be on the move is the attempt to offer Internet and IPTV.
'One way to deal with these is to address these quickly and have rapid reaction teams in New Delhi, the state capitals and wherever possible.'
The agribusiness division revenues in Q1 was Rs 1,418 crore and the profit before tax for the segment was Rs 54 crore, against a revenue of Rs 1,111 crore and PBT of Rs 47 crore in Q1 of the last financial year.
High-speed Internet access on mobile phones, expected to be available by mid-2008, is unlikely to set Indian telephony on fire.
Making the announcement, Chief Minister Devendra Fadnavis said this was the "biggest" loan waiver scheme in the country.
The resistance to VAT in Uttar Pradesh has been declining after the tax's success in 21 states.
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