The company nets a little over 50 percent of its.volumes from home brands, and around 30 per cent of total.sales happen through Studios, the retail stores where no.actual sales happen, he said, adding 75 percent of the volume.comes from furniture
In a joint statement, BSE, NSE and Metropolitan Stock Exchange of India said that they will continue to work with the regulators to further enhance the attractiveness and competitiveness of the Indian markets for accessing and trading India related products.
"Time is now for significant policy and institutional thinking on governance and ownership of banks rather than more talk...focus must be on institutional framework and not finger pointing at banker or regulator or anybody else," Uday Kotak, Vice Chairman and Managing Director of Kotak Mahindra Bank, said in an interview to CNBC TV18.
"First of all, I don't think so many banks (needed) in the public sector. I think, we are too big a public sector in our country and I believe that they should privatise it," Adi Godrej told media on the sidelines of the AIMA summit.
While the ED seized assets worth Rs 10 crore today, the tax department said it has attached a total of 141 bank accounts and fixed deposits worth Rs 145.74 crore of the Nirav Modi group.
These attachment of assets, they said, has been carried out to "recover outstanding tax demands" from the group, understood to be about Rs 85 crore.
The PIL, filed by city-based NGO Vanshakti, claims that the state government has failed to protect ecologically-fragile areas and has started work at the proposed airport.
Among import alerts or import bans issued by US FDA for more serious compliance issues, Indian sites constituted 30 percent, while China's share was 50 percent in 2017.
By mid-2018, India should see the implementation of the country's third industrial policy. As CNBC-TV18 first reported, the fine print of this policy is designed to sync India's manufacturing sector with the 4th industrial revolution.
ReNew Power has signed a Memorandum of Understanding (MOU) with the Government of Uttar Pradesh today to facilitate the development of 1200 MW of renewable energy installed capacity in the state.
It feels like a wanderer has returned home, the Mahindra Group Chairman said at the inaugural session of the Investors Summit 2018.
Responding to a written question during Question Hour in the House, Chief Minister Vijay Rupani said states of Maharashtra, Rajasthan and Madhya Pradesh collectively owe Rs 6,100.30 crore towards the project.
Sebi had initiated adjudication proceedings against the 15 entities for allegedly violating PFUTP (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations while dealing in the shares of Pressman Advertising.
The ruling Aam Aadmi Party rejected the assault allegation and claimed its two legislators had been targeted because one was a Dalit and the other a member of a minority community.
The 1.5 acre farm house in the uber rich neighbourhood at a stone's throw distance from Arabian sea was purchased by Modi in 2004 for Rs 32 crore for hosting special parties for his clientele to show case his precious jewellery collection, they said.
For the first time the data available in the Goods and Services Tax system can be the basis of credit, Nilekani said.
Responding to a written query raised by Congress MLA Shailesh Parmar during Question Hour, Finance Minister Nitin Patel said as per the revised estimates for 2016-17, Gujarat's public debt stood at Rs 1,96,809 crore, a rise of Rs 16,066 crore from 2015-16.
According to an RBI statement, the exchange rates for the pound and the yen against the rupee were 90.6583 and.60.17 per 100 yens, respectively, based on reference rates for the dollar and cross-currency quotes at noon.
Besides, Ambuja Cements, Aurobindo Pharma and Bosch Ltd will be excluded from the Nifty 50 index, while Bajaj Finserv, Grasim Industries and Titan Company will find a place in the index.
The pound sterling also finished lower at Rs 90.15/17 per pound at the close of the Interbank Foreign Exchange (forex) market here today.
Having spent 18 years at the company Gopalan is a P&G.veteran and is currently leading P&G Indonesia. Rajwani is.retiring from the company after 37 years by March 31 and.during his term P&G India became a profit making company in.three-digits profit
It plunged to hit a fresh three-month low of 64.95 in intra-day levels - its lowest since November 22 - tracking overnight greenback strength.
Last year, the Union Cabinet approved privatisation of the debt-ridden national carrier, which is staying afloat on taxpayers' money. A group of ministers has been appointed to chalk out the strategy for Air India's stake sale.
The SBI Ecowrap report, however, added that the "recent developments" in the financial markets could act as a restraining factor on the growth front.
This blog will give you the latest news and updates on the Rs 11,400-crore PNB fraud case.