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CEOs consider rewards for office attendance
As per KPMG 2023 India CEO Outlook, leaders should have a long-term perspective that incorporates employee value propositions and considers the concerns and wants of employees.
Govt capex crosses Rs 5L crore, fiscal deficit on track
Capex at 50% of the budgeted target for fiscal 2023-24; no major concern regarding tax receipts, says official
Bombay HC provides respite to casino operator Delta Corp in Rs 16,000 crore tax shortfall dispute
The court order has put on hold the final orders of the Directorate General of GST Intelligence in an alleged tax shortfall of Rs 1,11,39,61,03,423.
PFC signs MoU with Ministry of Power for FY ’24 & FY ’25
New Delhi: Power sector Maharatna PSU, Power Finance Corporation Limited (PFC) signed a Memorandum of Understanding (MoU) with the Ministry of Power for FY 2023-24 and FY 2024-25 on October 23 as per the DPE’s performance evaluation system.…
Indraprastha Gas’s stock nosedives as Kejriwal eyes EV shift for Delhi
The stock has taken a tumble on fears that the Delhi government’s EV policy could lead to a sharp decline in demand for compressed natural gas or CNG from cabs in the country’s capital.
BYJU’s CFO Ajay Goel quits after audit, Nitin Golani gets additional charge of India CFO
The company is awaiting certain approvals to file its long-pending financial results for FY2022.
India’s demand for electricity for ACs to exceed total power consumption of Africa: IEA
IEA said India will see the largest energy demand growth of any country or region in the world over the next three decades.
How Shoppers Stop’ Intune plans to take on Tata’s Zudio in the value-for-money segment
Intune started in June and has only six outlets compared to Zudio's 350 stores. But the Shoppers Stop-owned chain is confident on taking on its larger rival by picking its battles carefully.
‘AOs to determine biz activities of charitable trusts’
The Supreme Court ruling, which came into effect in 2022, marked a turning point in the understanding of tax obligations for charitable organisations.
Why ‘getting rich slow’ matters ?
Mumbai/Patna: The latest data on the trading activity triggers this note of caution. Many of you who are into investing are using derivatives like futures and options.
This column has often quoted Warren Buffett’s philosophy on…
Kotak Bank reports Rs 3,191 cr PAT in Q2FY24
Kotak’s advances jumped by 21% YoY to Rs 3.57 lakh crore from Rs 2.96 lakh crore in the same quarter last year.
Veteran artist Dinesh Kumar’s Epiphany pulls art lovers to Lalit Kala Akademy from far and…
New Delhi: Art has its own divine aura and pulling power. Though an artist is moved by his urge to express the puzzles disturbin
g his mind and release them on the canvass, the art lovers are more crazy to know what's there in…
‘Can raise tax demand for any year’: CBDT’s Nitin Gupta
In an exclusive interaction, Gupta said that there is no time limit for the collection of demand and clarified that even cases dating back several years can still be pursued.
‘Gadar 2’, ‘Jailer’ box office hits to play savior as Zee, Sun TV expected…
Analysts expect flat ad revenue for Sun TV, but a decline for Zee in the September quarter. But both companies would see the benefit of super hits Jailer and Gadar 2.
1.5 million iPhones sold in 1st week of festive season
The festival season, which started on October 8, 2023, witnessed growth both in terms of value and volume during the first week, driven by strong demand for Samsung, Apple and Xiaomi devices.
Markets continue to fall on weak global trends, soaring crude oil prices
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,093.47 crore on Thursday, according to exchange data.
Metro Brands to copy Fila’s success model in China to rebuild the brand
The company said that this was an important step in building the brand image as it believed the existing inventory did not serve the taste of the brand image.
Centre eases import curbs on PCs, laptops and tablets
Importers can change the quantity of goods purchased even after the issuance of an import authorisation.
ITC and HUL see rural demand recovery in festive season
Rohit Jawa, CEO and MD of HUL, added, 'they need to be watchful of volatile global commodity prices as well as the impact of monsoon on crop output and reservoir levels'.
Government detects Rs 1.36 lakh crore GST evasion in FY24
As many as 500 persons have been arrested in cases of fake input tax credits.