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rediff Business

India's largest news and entertainment service online.

Published: Mon, 20 Feb 2017 11:15:01 GMT

Copyright: Copyright: (C) 2011 India Limited. All Rights Reserved.

Sensex settles 193 points higher after TCS approves buyback
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher

TCS board approves Rs 16,000 cr share buyback
The buyback is proposed to be made from the shareholders of the company on a proportionate basis under the tender offer route using the stock exchange mechanism.

Once upon a time in India Inc...
The list of corporations publishing biographies has lengthened steadily as companies have realised the effectiveness of story telling as a brand building tool. Kanika Datta investigates the rising trend.

Online EPF withdrawal, pension fixation a reality by May
EPFO has an ambitious plan to settle the claims within few hours after filing of application

Foreign investors still have faith in India's realty sector
The logistics segment is becoming a hot favourite of private equity, of late.

How a 4-year-old boutique firm clinched a $12.9-billion deal
The Essar Oil, Rosneft deal also helped Arpwood Capital, boutique investment bank, co-founded by Rajeev Gupta and Raj Kataria, to grab the second spot in the mergers and acquisitions league table.

Big pharmas' mega plan to beat competition in US
Sun Pharmaceutical, which is growing its dermatology and ophthalmic specialty business in the US will spend $460 million on R & D.

It's difficult to escape the taxman now!
With big data analyses, your investments, spends and big purchases are being tracked more closely now by the income tax department.

Modi Sarkar's next big battle: Labour reforms
With the Congress already opposed to the proposed law, regional parties might become the swing factor, says T N Ninan.

Stick to large-caps in year of volatility: MF managers
Equity fund managers say large-caps offer higher relative safety, especially in such times.

REVEALED: Satya Nadella's plans for his India visit
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.

Buying jewellery over Rs 2L cash to attract 1% tax from April 1
Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1 per cent TCS on cash purchase of above Rs 2 lakh.

GST council clears draft compensation bill
Inching towards rolling out of GST, the GST Council on Saturday approved a law to compensate states for any loss of revenue from the implementation of the new national sales tax but deferred approval for enabling laws

Oppn-ruled states get Centre to delete 3 GST minutes
In a first, Opposition-ruled states on Saturday got the Centre to delete from the records three minutes of the last GST Council meeting that provided for tweaking of agreed criteria for division of taxpayers under the Goods and Service Tax regime.

Maharashtra eases up on contract labour norm, unions upset
Units employing up to 49 workers are not required to list themselves with the government.