Chinese e-commerce giant Alibaba is working with 17 shoe manufacturers here to cultivate home-grown brands online after being criticised and even sued by luxury brand Gucci for facilitating the fake-goods trade.
As the Modi government completed its first year on Monday, the stock market wealth has grown by over Rs 10 lakh crore in this period with conglomerates like Tatas, Adani, Bharti, HDFC and Sun Groups clocking huge gains.
Making public these names, the Swiss Federal Tax Administration (FTA) has asked the two Indians to file an appeal within 30 days before the Federal Administrative Court if they do not want their details to be shared with the Indian authorities under their 'mutual assistance' treaty on tax matters.
Finance Minister Arun Jaitley on Monday hinted at coming out with more steps on squeezing black money but assured honest taxpayers that they need not fear the new law to unearth unaccounted wealth stashed abroad.
Country's largest private lender ICICI Bank today said it has launched a service where customers can make transactions using just their voice, without using other means of authentication like a password.
The benchmark BSE Sensex plunged over 313 points Monday to settle at 27,643.88 and the Nifty dived below the crucial 8,400 mark due to widespread profit-booking after recent gains amid lower-than-expected earnings numbers from ITC.
Finance minister Arun Jaitley asked taxmen to squeeze the parallel economy but gave an assurance that while doing so honest taxpayers may have nothing to fear about the new black money law.
Snapping its two-day rising streak, the rupee on Monday slipped by 5 paise to close at 63.57 per dollar on fresh demand for the American currency from banks and importers amid sharp fall in the domestic equity market.
From team holidays to adventure trips to freebies including laptops, washing machines and even bikes, start-ups are pulling out all stops to retain employees this appraisal season.
I believe what we have is a pretty decent report card. On the global stage India features among the top two. One year is too short to brand India as an attractive investment destination, but the build-up has happened and now we need to maintain it. To improve the ease of doing business, states must also chip in and respond.
Satya Nadella seems set for his next big purchase -- and Microsoft has about $95 billion in cash. That is about Rs 600,000 crore! Reports came at the weekend that the software giant pulled back from acquiring Salesforce.com, arguably the biggest small-business software company located in the cloud (or the internet).
Budget airline SpiceJet, in the middle of a turnaround, has decided to bring the salaries of its Bombardier Q400 pilots on par with those who fly Boeing 737 planes.
BlackBerry is laying off an unspecified number of workers around the world as the struggling smartphone manufacturer tries to make its device business profitable.
Wal-Mart Stores Inc is pressing meat, seafood, dairy and egg suppliers to reduce the use of antibiotics, becoming the first large retailer to take such a public stand against the excessive use of drugs in raising farm animals.
The markets continued their northbound journey for the third consecutive week and closed on a five week high. Both the BSE sensex and CNX Nifty surged and closed at 634 and 197 points respectively.