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Why it is a headache to own a super-luxury car in India

May 13, 2013 at 17:31 | Source: Economic Times

MUMBAI: It's not easy being the owner of an exceedingly expensive car in India. Just ask Rishabh Jain, whose Lamborghini Murcielago LP640, in a shade of metallic gray called Grigio Telesto, spends an inordinate amount of time under a cover in the pa...

Will Mukesh Ambani's defence aerospace gambit pay off for RIL?

May 12, 2013 at 06:11 | Source: Economic Times

Hindustan Aeronautics Ltd (HAL), which enjoys absolute monopoly in India's military aviation, is the butt of many jokes. American defence historian and strategist Edward Luttwak refers to it as a "fossil of a company" famous for not delivering "oper...

Government shortlists six consulting companies for electronics manufacturing

May 10, 2013 at 00:22 | Source: The Hindu BusinessLine

New Delhi, May 9: The Government has short listed six companies for marketing campaign to promote electronic manufacturing in India including McKinsey, BCG, KPMG, Bain Company, PricewaterhouseCoopers and Accenture. The Government had received intere...

Deloitte, PwC, Ernst Young mull buying Roland Berger: Sources

May 06, 2013 at 02:26 | Source: Economic Times

FRANKFURT: Financial consultancies Deloitte, PricewaterhouseCoopers and Ernst & Young are interested in buying peer Roland Berger, two people with knowledge of the matter told Reuters on Sunday. The 250 senior managers of Roland Berger, called "part...

Arunachal Pradesh scraps power deal with Naveen Jindal Group

May 03, 2013 at 04:41 | Source: Economic Times

NEW DELHI/ITANAGAR: Arunachal Pradesh, the epicentre of hydel power in India, has decided to reverse its contentious decision in 2009 to give 49% equity in its hydro-power corporation to the Naveen Jindal Group. The decision, taken last month, came ...

Powering ahead on distress: Why Greenko is buying up hydel projects when everyone else is selling

May 02, 2013 at 05:10 | Source: Economic Times

HYDERABAD/NEW DELHI: Which power-generation company with operations in India delivered the best returns in a post-Lehman Brothers world? That distinction does not belong to sector heavyweights such as Tata Power, Reliance Power, NTPC or Suzlon Energ...

Britain to quiz Google and Ernst Young again on tax

May 01, 2013 at 12:07 | Source: Economic Times

LONDON: Executives from Google Inc. and its auditor Ernst Young will be called again to a British parliament committee to testify on tax, after a Reuters investigation highlighted inconsistencies in the way Google portrays its activities in Britain,...

Got an income tax notice? Tips to deal with it

Apr 29, 2013 at 09:46 | Source: Economic Times

A notice from the Income Tax Department is every taxpayer's worst nightmare come true. However, experts say it need not be so. "You should not panic if you get a tax notice. A majority of the notices is sent in the normal course of processing return...

Big four accounting firms PwC, Deloitte, KPMG, E Y back in consulting business

Apr 28, 2013 at 05:35 | Source: Economic Times

Sitting at the Monitor Deloitte office at Nariman Point in Mumbai, Roopen Roy, managing director of Deloitte & Touche Consulting, and Ambar Chowdhury of Monitor Deloitte make an odd pair. Roy has spent much of the past 25 years leading consulting pr...

31 new companies visit Faculty of Management Studies for placement this year

Apr 27, 2013 at 16:21 | Source: Economic Times

NEW DELHI: With the largest full-time MBA batch graduating this year, the Faculty of Management Studies (FMS) in Delhi, had 31 new companies coming to the campus for placements this year. Altogether 93 companies participated in the FMS placements th...

CORRECTED - Luxury carmakers chase India's young, female and frugal

Apr 27, 2013 at 00:15 | Source: FirstPost

(Corrects sales data throughout to refer to April-December 2012, not April-March financial year)By Henry FoyMUMBAI (Reuters) - Luxury carmakers in India are moving downmarket and shifting production of smaller and cheaper cars to local plants to cut ...

UK seeks to rein in 'tax-avoidance' expert firms like PwC

Apr 26, 2013 at 19:02 | Source: DomainB

As the UK government goes on an agenda to control accountancy firms that 'aggressively offer clients tax avoidance schemes, Britain's so-called 'Big Four' accountancy firms have reacted angrily, saying the charges by members of parliament are unwarr...

Are smartphones in India at a tipping point with 10% overall mobile shares?

Apr 23, 2013 at 08:21 | Source: Economic Times

Ten per cent. It's a number that has come to mean much for smartphones — the category of phones with computing prowess. It's the point where a critical mass of buyers meets a pool of sellers to create the perfect storm. This phenomenon — 10% sha...

Luxury carmakers chase the young, female and frugal

Apr 23, 2013 at 03:30 | Source: FirstPost

MUMBAI (Reuters) - Luxury carmakers in India are moving downmarket and shifting production of smaller and cheaper cars to local plants to cut costs, broadening their target market to include young, female and middle-class drivers to boost lacklustre ...

Mercedes, Audi and BMW shift to cheaper cars to chase India's young, female and middle-class

Apr 23, 2013 at 03:11 | Source: Economic Times

MUMBAI: Luxury carmakers in India are moving downmarket and shifting production of smaller and cheaper cars to local plants to cut costs, broadening their target market to include the young, female and middle-class drivers to boost lacklustre perfor...

Micro cars like Alto, Nano others losing sheen in India as buyers prefer sedans, crossovers

Apr 22, 2013 at 05:21 | Source: Economic Times

NEW DELHI: Low-cost, compact cars are losing sheen in India as customers switch to premium hatchback and compact sedans over smaller entry-level cars that have long been the bread and butter of Asia's third-largest automotive market. Smaller models ...

Cabinet panel may consider HMT’s revival package tomorrow

Apr 17, 2013 at 00:22 | Source: The Hindu BusinessLine

New Delhi, April 16: The well-known tractor brand ‘HMT’ may get back its glory, as the Cabinet Committee on Economic Affairs (CCEA) is likely to consider an over Rs 1,000-crore revival package for the Bangalore-based HMT Ltd on Thursday....

Wits Gold - Dealings in Securities by a Director

Apr 16, 2013 at 20:01 | Source: Wall Street Journal

Clearance to deal for the above transactions was obtained in accordance with Rule 3.66 of the JSE Listings Requirements. Johannesburg. 16 April 2013. Sponsor. PricewaterhouseCoopers Corporate Finance (Pty) Ltd. SOURCE: Wits Gold /CONTACT: Philip ...

A Poorer Big Pharma

Apr 13, 2013 at 09:36 | Source: Business Today

At 10.30 am on April 1, the global pharmaceutical industry heard the verdict of a case it had been waiting seven years for. It was anything but an April Fools' prank. That Monday morning, the Supreme Court of India dismissed the plea to patent Glive...

More premium motorcycles vrooming in

Apr 12, 2013 at 08:05 | Source: DNA India

Competition is set to intensify in the premium motorcycle category. New models are on the way, suggesting the segment, which offers just seven models now, has immense untapped potential. Industry observers expect the number of premium mobikes to dou...

Asus Zenbook Infinity Ultrabook to be unveiled at Computex next month
If elections were held today, NDA would wallop UPA: Survey "If elections were held today, NDA would wallop UPA: Survey"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

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May 21 2013, 13:56

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