Promising a business friendly environment to woo foreign investments, finance minister Arun Jaitley on Monday made it clear that retrospective tax will not be imposed and that taxation policy has to be "non-adversarial".
Maruti Suzuki Ltd reported a 61% increase in net profit for the fiscal fourth quarter that ended in March, as improving consumer sentiment pushed up passenger vehicle sales for India's top selling car maker.
Indian nationals have emerged the largest non-Arab investors in Dubai’s real estate market, accounting for property transactions worth 3.040 billion Dhirams ($820.8 million) in the first quarter of 2015.
United Spirits chairman Vijay Mallya, who has been asked by majority stake holder Diageo Plc to resign from his position, has said that he has no intention to quit.
Iconic business leader Ratan Tata has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
The government has asked public sector banks to proactively inform account holders under the PM's Jan Dhan Yojana about their eligibility to take an overdraft.
The benchmark BSE Sensex gained over 129 points in early trade on Monday on value-based buying by investors amid positive cues from other Asian markets.
Extending losses for the third consecutive day, the rupee shed 21 paise to hit a four-month low of 63.77 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to continued demand for the American currency from importers.
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In a bid to boost its landline business, country's largest telecom operator Bharti Airtel will be launching unlimited voice calling schemes for its broadband customers.
Ferdinand Piech, chairman of the board of Volkswagen AG and a major figure in the German auto industry, has stepped down after clashing with other board members over his criticism of the company's CEO.
At least three of the biggest global banks have told their clients to stop buying Indian shares on worries over the land bill and tax claims by the government, sources at the banks said
To comply with as many as eight labour laws, firms can now file a single unified return under a new online facility launched by the labour ministry on Friday.
A Parliamentary panel has questioned the credibility of India’s new method to calculate national income, casting doubts of over a recently-released statistical formula that had turned up a surprise: GDP in 2013-14 grew 6.9% instead of the earlier 4.7%.
Google paid its billionaire executive chairman Eric Schmidt nearly $109 million (about Rs 650 crore) last year while the company’s stock slumped.