The tax department while raising the demand had treated the Rs 796 crore loss incurred by Flipkart for the assessment year 2015-16 as capital expenditure.
Revenue from third-party sellers paying to promote their products on Amazon.com was an unusually large bright spot during the quarter.
The combination of Bharti Infratel with Indus Towers, announced on Wednesday, reflected the "fierce price competition" in the Indian telecom market that has prompted consolidation and incumbents to sell assets to raise funds, Fitch said
Axis Bank has seen its non-performing loans jump more than eight times in the past three years to 342.49 billion rupees, or 6.77 percent of its loan book, at the end of March.
The 30-share Sensex recovered 57.35 points, or 0.16 percent, to trade 34,558.62 in opening session
The regulator had imposed a total fine of Rs 86 crore on DLF and other entities for not disclosing certain material information and facts in its IPO document.
As many as 50 corporates from India participated in the survey, of which 20 respondents said there is widespread bribery and corruption in business.
PNB had alleged in January this year that its Mumbai branch had fraudulently issued LoU and FLC to Nirav Modi firms in connivance with deputy manager Gokulnath Shetty and other bank officials
The drop in H-1B visas for Indian-based companies is due to industry trends toward digital services such as cloud computing and artificial intelligence, which require fewer workers, and a choice by companies to rely less on visas and to build up their domestic workforces in the United States.
The benchmark BSE Sensex started on a negative note, shedding over 100 points today, on weak global cues and rupee depreciation against the US dollar.
Roughly 80 percent of H-4 visa holders are women, and many had successful jobs and held advanced degrees in their native countries before coming to the US with their H-1B spouses
Post the deal, Bharti Airtel and Vodafone will jointly control the combined company, and the transaction is expected to close before the end of 2018-19, subject to statutory approvals.
The decline in private equity investment could reflect turbulence in the real estate sector, property consultancy Knight Frank said in its report.
Under the new rules, Trai had said it will impose financial disincentive of up to Rs 50 lakh per circle on operators if their service rates are found to be predatory in nature.
Radiant had earlier offered to acquire at least 26 percent stake in FHL at Rs 126 per share, excluding its diagnostic business SRL.
The Tatas will benefit from veteran bureaucrat S Jaishankar’s deep understanding of geopolitics and international political economy.
Visit is an online healthcare service platform that connects users with a pool of doctors to choose from, for video/telephonic consultations.
The 30-share index rose 147.25 points, or 0.42 percent, to 34,598.02. The gauge had gained 35.19 points in the previous session.
One of the reasons the dollar will overtake rates to explain the direction of the gold price is that movements in the American unit already reflect inflation expectations of monetary policy in the world's largest economy, the WGC said
There is no need to be worried about Artificial Intelligence instead India "should be more concerned about human development and skill development", Debroy said
TCS creating history as the first Indian IT major to hit the coveted US $100 billion market cap is a result of consistent value creation and is poised to leverage the global digital opportunity
India had in 2015 received remittance of US $68.91 billion, which fell to US $62.74 billion in the following year and has now risen to US $68.96 billion in 2017.
People celebrated the milestone of the IT-bellwether, TCS, by using superatives.
Tata Consultancy Services (TCS) created history by becoming the first Indian listed company to cross the crucial $100 billion market capitalization figure or Rs 6,60,000 crore on the BSE in intraday trade
The survey found that Indian travellers are the most willing to pay the premium closely followed by Brazilians and Chinese.
Biz Stone said Investing in Visit is his small way of contributing to a future where AI is seen as a positive enhancement of humanity that really does improve lives
Amazon had already started experimenting with a few fresh groceries in India, already home to its largest active customer base outside of the United States.
TCS CEO and Managing Director Rajesh Gopinathan said Business 4.0 is thought leadership framework to help customers leverage digital technologies to address their growth and transformation agendas.
Urjit Patel said several factors were likely to influence the inflation outlook, including a possible moderation in food prices if the monsoon turned out to be normal and was supported by an effective food supply management