The Goa police on Friday arrested four employees of the store.
Some decades ago, nearly 90 per cent of Nattukottai Chettiars were entrepreneurs; this has dropped to 15 per cent. The community plans to reverse the numbers through know-how, family support, funding and networking.
'India-China economic ties are likely to take a hit in the wake of the new situation, but that also provides India with a new opportunity to strengthen its manufacturing base,' points out Dr Rajaram Panda.
Taxing SoftBank, the largest shareholder in Flipkart with a little over 20 per cent stake, however, will be easier.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
In India, many cities lack bicycle lanes and proper pavements. This, coupled with heavily congested roads, creates a danger to cyclists. Furthermore, the low costs of bicycles may make it more economical to buy than to rent.
Microsoft founder Bill Gates with an estimated fortune of $78 billion heads the list
The Bharatiya Janata Party's vision document for Bihar promises to shower freebies on all sections of society if comes to power.
Sebi wants angel networks to follow public and private placement norms
Sebi, however, allowed wilful defaulters to make counter-offers to avoid hostile takeovers
It is suspected that some portfolio managers at these banks, which have significant presence in Indian financial markets, could have helped their Indian clients to route their money back into India in disguise of foreign funds through use of investment vehicles across various jurisdictions.
Private equity investing can be rewarding, but an investor needs to be patient as exiting can be tricky and these assets do not provide instant liquidity.
The family office category was up 38 per cent, led by names such as Ratan Tata, Ronnie Screwvala and various Infosys co-founders.
Some examples that show we may be call for introspection, says Ajit Balakrishnan.
Amazon is working on deepening its engagement with young technology companies in the country.
Experts are betting big on the clause that talks of capital gains.
Providers write to Sebi, FinMin; launches may hit pause.
Who invested how much into Flipkart in its latest round of $1 billion funding? Vicky Nanjappa/Rediff.com finds out.
CBDT circular issued last month had raised multiple taxation concerns.
Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics
Loses notional value by 37.5% because of markdowns by investors
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
Jaitley assured that both the banking system and the government will make the resources available to them.
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
E-commerce is awash in money, raising concerns about whether this is just another unsustainable internet trend headed for a bust.
The manifesto was unveiled by Jayalalithaa at a public rally, in a departure from usual practice of release at party headquarters in Chennai.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
The investor community says the move by the Securities and Exchange Board of India (Sebi) to bring angel funds under the Alternative Investment Funds Regulations is a mix of good and negatives.
The past few years have seen the first cycle of mergers and acquisitions, exits, and track-records being created.
With response tepid so far from domestic investors, these funds might soon approach FIPB for approvals.
The final guidelines should be there in 3-4 months.
Vijay Mallya, who faces prosecution in India, is reportedly in London.
In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.
Most companies often subsidise the sale and the delivery, making losses on their books.
Despite a temporary relief, foreign investors still see the sword of double-taxation hanging above their hard earned returns.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Russian firms expand their footprint in India. And take bigger steps to do business with India's private sector.
Incentives for industries have been rolled back and teachers have gone without salary for months as the state grapples with the after-effects of the ban
Budget 2016 may hold some answers to start-up cooncerns.
Swiggy, a Bengaluru-based food ordering and delivery start-up, says it aims to revolutionise this segment.
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