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Updated: 52 min 35 sec ago
An analysis of remuneration disclosures made by top listed companies forming part of the blue-chip index Sensex -under directions of the capital markets regulator Sebi -shows that the pay packages of senior-most personnel such as CEOs and executive chairmen continue to remain high and rose further at most private sector firms during 2016-17.
Indian exports to the African continent are expected to grow to USD 70 billion by 2021-22 from USD 24 billion in 2015 -16 due to rising complementaries, the PHD Chamber of Commerce and Industry said in the report.
RIL had in May become the first buyer of gas it produced from its own coal-bed methane (CBM) block after agreeing to pay the highest price for the fuel.
Banerjee said the company wants to expand its portfolio substantially and is looking at three routes -- joint venture, joint development and outright buyout of assets.
Menswear brand Blackberrys is eyeing 25 percent growth in turnover at Rs 900 crore this fiscal on the back of retail and portfolio expansion.
Under the GST regime, large cars with engine capacity greater than 1,500 cc and SUVs with length more than 4 metres and engine greater than 1,500 cc attract cess of 15 percent in addition to the top tax rate of 28 percent.
The report noted that though there has been a significant move towards relocating distribution of currency towards smaller denominations post demonetisation, there is a mismatch caused by the presence of Rs 2,000 denomination straight after Rs 500 denomination.
The CBDT recently had issued transfer and posting orders for over 300 Indian Revenue Service (IRS) officers in the rank of Principal Commissioner and Commissioner of the I-T department.
Neemuchwala also said the company has invested in some very specific IPs which are internal company IPs, and also bagged a very significant deal with a customer couple of quarters back.
A Canara Bank-led consortium of lenders is scouting for a buyer for a 270 MW power plant in Maharashtra which came under corporate debt restructuring (CDR) plan.
Criticising his rivals, he said: "Ola and Uber come with a mandate and a backing of sheer money power and it challenges the basic fundamentals of business, that you must lose on every trip to make yourself so large and then recover money."
As per the tender document, the currency notes of all denominations received at regional office of the RBI would have to be processed at a minimum speed of 30 notes per second.
The MiG-35 is Russia's most advanced 4++ generation multipurpose fighter jet developed on the basis of the serial-produced MiG-29K/KUB and MiG-29M/M2 combat aircraft.
The latest inflow follows net infusion of Rs 1.6 lakh crore in the previous five months (February-June) on several factors. In January, they had pulled out over Rs 3,496 crore.
Commenting on the domestic sales, he said the market would continue to see "turbulence" in August with GST implementation going on and the market would only stabilise in September.
As per the three tier structure -- the GST Implementation Committee (GIC) will receive complaints and those which are state specific and involving smaller amounts will be transferred to the state screening committee.
The e-way bill system is creating problems to the trade for being a process working in isolation, he said.
The magazine noted that Chandrasekaran, 54, is not ruling out selling off underperforming companies.
During the period of demonetisation from November 9 last year to January 10 this year, "The total undisclosed income admitted was more than Rs 5,400 crore" and the total quantity of gold seized stood at 303.367 kgs, the Finance Ministry has said in an affidavit to the apex court.
Similarly, the taxpayers who were provisionally migrated by virtue of being registered under the existing laws, but who are no longer required to be registered under GST, the period of applying for cancellation of registration has been extended up to September 30.