Apr 16, 2015 at 19:10 | Source: PTI
Air India is surviving on a bailout package approved in 2012. Besides a debt of Rs 40,000 crore, the airline had reported losses to the tune of Rs 5,388 crore in FY-14 as against Rs 5,490 in the fiscal 2012-13.
Apr 16, 2015 at 18:16 | Source: CNBC-TV18
Government is at loggerheads with a clutch of foreign investors over levying the minimum alternate tax (MAT). The Centre in the Budget had given MAT exemption prospectively. And speaking to CNBC-TV18s Sapna Das, Revenue Secretary Shaktikanta Das made it clear that FIIs cannot expect retrospective exemption.
Apr 15, 2015 at 15:57 | Source: Moneycontrol.com
India's business as well as economic cycles turned on sentiment (positive) though some critics argue that the government has achieved little, but PhillipCapital finds the mechanics of the government functioning to be sound.
Apr 15, 2015 at 10:51 | Source: CNBC-TV18
According to Jim O'Neill, former chairman, Goldman Sachs Asset Management, though there was nothing wrong with the Indian Budget, there was no wow factor. He says the Indian market is taking a pause after the massive rally seen over the last 18 months. For further growth, it needs a new catalyst.
Apr 11, 2015 at 14:32 | Source: PTI
The revenue deficit, fiscal deficit and primary deficit which stood at Rs 576 crore, Rs 297 crore and Rs 609 crore, respectively, in 2012-13, increased to Rs 1,614 crore, Rs 4,011 crore and Rs 1,530 crore, respectively, in 2013-14, the CAG said in its report.
Apr 09, 2015 at 08:12 | Source: IBNLive.com
India and Canada signed the civil nuclear cooperation agreement in 2010 and followed it up by inking the administrative arrangement in 2012.
Apr 08, 2015 at 13:26 | Source: PTI
Announced by Finance Minister Arun Jaitley in Budget for 2015-16, the merger will help streamline regulations and curb wild speculations in commodities market, while facilitating participation of domestic and foreign institutional investors and launch of new products such as optio
Apr 06, 2015 at 12:38 | Source: Moneycontrol.com
FIIs will not have to pay MAT on their gains this financial year onwards as announced in the Budget, but there is ambiguity on whether FIIs are liable to pay MAT on the gains of the previous years.
Apr 04, 2015 at 15:21 | Source: CNBC-TV18
IIM Kozhikode graduate Amarpreet Kalkat came up with an idea to setup a social intelligence company in 2012. Frrole a Bangalore based venture lets brands amplify engagement with customers over social media and is partnered with Twitter in India.
Apr 01, 2015 at 18:22 | Source: PTI
"SpiceJet has paid a part payment of Rs 25 crore to the Airports Authority of India towards the dues it had accumulated due to the cash crunch last year," sources told Media here on Wednesday. The AAI received the part payment of around Rs 300 crore dues yesterday, they said.