Yogesh Agarwal, managing director and chief executive officer, Ballarpur International Graphic Paper Holdings BV or BILT, part of the $4 billion ( Rs.
22,000 crore) Avantha Group, feels that a leader must lead from the front with the ability to “cut the noise” and focus on the real issues.
European leaders were scheduled to discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut an estimated €1 trillion a year that the EU is losing to tax evasion or avoidance.
Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17% for the year to end-March 2015, but said there were “encouraging” signs of a revival in its electronics business.
Top leadership might be talking about addressing the bilateral trade deficit issue between India and China, but experts in Beijing have warned that the imbalance is set to increase amid falling trade between the two countries.
Despite an increase in total income, engineering and construction major Larsen & Toubro (L&T) reported a 6.9% year-on-year decline in standalone net profit for the March quarter at Rs. 1,788 crore, mainly due to a sharp increase in interest costs which skyrocketed to 132%.
The US immigration bill that intends to restrict H-1B visa-dependent Indian IT firms’ ability to hire more foreign workers, including people from India, crossed a key hurdle on Tuesday. Yashwant Raj
With the Sensex showing signs of nervousness and volatility after crossing 20,000, many experts feel that putting money in equities may not offer returns that are commensurate with the risk involved. Manu P Toms
reports. Money talk
Mumbai’s central business district will generate the highest returns from investments in commercial property, while the National Capital Region (NCR) will lag, despite being India’s largest office market, a report by real estate consultant Knight Frank has found.
Former Goldman Sachs director Rajat Gupta on Tuesday asked a federal appeals court to reverse his insider-trading conviction, challenging the validity of evidence used against him.
Amid a nationwide outcry over Ponzi schemes causing huge losses to common people, finance minister P Chidambaram on Wednesday said there are regulatory gaps in the financial sector and efforts are being made to frame a new law to address the gaps.
Facebook is considered more a social burden than a loved networking site by young users, a recent study has found.
In a big new round of reforms, the government is likely to announce a slew of measures to boost foreign fund flows into India and pep up a falling rupee. Gaurav Choudhury
reports. Doors open wider
As a young Army Green Beret major in December 2001, Don Bolduc fought shoulder to shoulder in an offensive against Kandahar, the Taliban’s spiritual capital, with a little-known Pashtun resistance commander named Hamid Karzai.
Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a US Senate report on the company’s offshore tax structure said on Monday.
Finance minister P Chidambaram on Monday said that competition rules in the country should not become “another bureaucracy, stifling growth”.