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rediff Business



India's largest news and entertainment service online.



Published: Fri, 21 Jul 2017 02:57:01 GMT

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



Markets slip into the red; metal, pharma weigh heavy
The mid-cap index fell while small-cap advanced.



How the 'mother of all tax reforms' actually evolved
In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.



Wipro Q1 net up 1.2%; announces Rs 11,000-cr share buyback
Wipro, which gets bulk of its topline from IT services, said it expects revenues from that business to be in the range of $1,962-2,001 million in the September quarter.



Why do we pay taxes, Mr Modi?
'If governments choose to spend our money on cow meat detection kits or hugely expensive statues, it is also a form of corruption.'



Why Modi sarkar will miss Venkaiah Naidu
He was proactive and the force behind the ongoing reforms in the urban development ministry



Which is the first Indian digital media firm to enter China?
Pocket Aces creates content across 3 channels and reaches over 40 million people weekly on its own properties



Their cup of woes spilleth over
Out of the 745 gardens in Assam, which accounts for over 55 per cent of total tea production, an alert has been sounded for 88 gardens, while for West Bengal, out of the 377 gardens, 65 have been cautioned.



Sebi planning to tighten depository receipt regulations
DRs have shares as an underlying asset and are typically issued by a bank, known as the depository bank, on behalf of a company.



RIL Q1 profit up 28% to Rs 9,108 crore
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore



Patanjali's 2020 vision: Rs 1,00,000 crore annual sales
Baba Ramdev's brand is pivoting away from franchise outlets and expanding its retail presence through the tried-and-tested channel distribution route of FMCG companies. Arnab Dutta reports.



Metal, healthcare, pharma power Sensex by 244 pts
The 50-share NSE Nifty stayed in the positive zone and retook the 9,900-mark to hit a high of 9,905.05 as buying paced up towards the fag end. It settled higher by 72.45 points, or 0.74 per cent, at 9,899.60.



Jet Airways asks junior pilots to take 30% pay cut
The airline in a statement attributed the decision to slash salaries to developments in the market, including the Gulf region.



It's confirmed! India IS a mega tourist destination
India saw 4.2 million foreign tourists till May mainly thanks to visitors from Bangladesh



In a first, forest departments will be given LPG dealerships
Govt looks to take cooking gas to tiger reserves, Naxal-hit areas



Centre to spare the rod over GST errors for 6 months
Central Board of Excise and Customs Chairperson Vanaja Sarna said there will be genuine errors due to lack of understanding in the initial days.