The organised retail business of Reliance Industries (RIL) posted Rs 398-crore profit before depreciation, interest and taxes (PBDIT) at Rs 398 crore in the quarter
Author: Anil R Tikotekar
Tide may be turning for ABB India | Business Standard News–21.07.2017
ABB India’s quarterly numbers have bettered the Street’s expectations for the second time in a row. The company’s June quarter (Q2) net profit expanded 35
Kotak Mahindra Bank Q1 consolidated profit up by 26% at Rs 1,347 crore | Business Standard News–21.07.2017
Private sector lender Kotak Mahindra Bank posted a 26 per cent rise in consolidated net profit for the quarter ended June 2017 (Q1), at Rs
RBL Bank net profit up 45% to Rs 141 crore in June quarter | Business Standard News–21.07.2017
RBL Bank MD & CEO Vishwavir Ahuja Private lender, RBL Bank reported a net profit of Rs 141 crore for the June qaurter. This rise
Insolvency case: Jaypee Infra must respond to petition by Aug 4, says NCLT | Business Standard News–21.07.2017
The National Company Law Tribunal (NCLT) on Thursday gave Jaypee Infratech time till August 4 to respond to a petition of insolvency filed by IDBI
GST, RERA combo very positive for real estate sector: Pirojsha Godrej | Business Standard News–21.07.2017
Pirojsha Godrej, executive chairman of Godrej Properties Real estate developers are grappling with the introduction of both the Real Estate Regulation & Development Act (RERA)
Real estate developers can’t force homebuyers to go for arbitration: NCDRC | Business Standard News–21.07.2017
The National Consumer Disputes Redressal Commission (NCDRC) has provided relief to home buyers who cannot pursue cases against developers due to a conflict in the
[ Edible Oil] Make it palatable | Business Standard Editorials–21.07.2017
There is increasing evidence to suggest that both oilseed growers and the oilseed-based industry are struggling to survive. They are unable to compete with imported
Healthcare systems need drastic surgery Business Line–21.07.2017
Ritu Raj Konwar Primary healthcare Our villages face an alarming shortage of it RITU RAJ KONWAR This includes the Government playing a proactive role. Policy
[Cyber Security] The enemy within | Business Line–21.07.2017
Cyber hacks are often company insiders When security breaches make headlines, like the recent Ransomware scandal, they often tend to be about criminals in another
GST rates: GST has hit carpet exports, livelihoods of 20 lakh workers: CEPC–20.07.2017
Shipments of handmade carpets and other floor coverings have been hit badly following the imposition of 18 per cent GST on job works and 12
GST Rates: Tax officials to ‘Go Slow’ on enforcements under GST–20.07.2017
Indirect tax authorities will go slow on enforcement actions under the goods and services tax for the first six months, to give time for the
Income from House Property: Rented out your house? Here’s how to calculate income from house property for tax purpose–20.07.2017
By Shalini Jain, Tax Partner, EY India House property comprises any building or land attached thereto which you own. It includes flats, shops, office space,
Flipkart to showcase its operations to customers–Economic Times–20.07.2017
E-commerce major Flipkart will give 20 select customers a behind-the-scene experience of its operations to give them a feel of how online shopping works after
ITR filing: 7 changes that affect income tax return filing this year–20.07.2017
Like every year, income tax return filing is going to be little different this year as well. So, before you begin filing your income tax
UIDAI launches mAadhaar app; Now you can carry your Aadhaar on mobile–20.07.2017
NEW DELHI: Now you don’t need to carry Aadhar card everywhere for verification and availing Aadhaar-based services. UIDAI, which issues Aadhaar numbers, has launched mAadhaar
What does limited liability mean here?–Economic Times–20.07.2017
A bankruptcy court has reportedly ruled that a promoter cannot escape liquidation of her personal assets by simply filing for bankruptcy. Going after the personal
Goods & services tax: Tax reform’s just one bit of it–Economic Times–20.07.2017
By Krish Iyer India has finally introduced the goods and services tax (GST) that is going to facilitate the creation of ‘one nation, one tax,
Bad loans crisis: In shocking revelation, banks may take Rs 2.4 lakh crore haircut just to resolve 50 top NPA accounts – The Financial Express–20.07.2017
The report said the economic value method has been applied to arrive at the sustainable level of debt. Banks may have to take a haircut
GST protests a sham; tax on fabrics a non issue; know the horror stories and more – The Financial Express–20.07.2017
As the textile trader sends the product for dyeing and printing, he will pay processing charges, with a 5% GST. Before the government made