Post the release of new norms by the government regarding foreign investment, every sector has the opportunity of getting investment from foreign land now. As informed by Kishore Biyani of Future Group, organized retail has [...]
Mongolia
Information Technology players like Wipro, TCS and Infosys might switch to new pricing models in the wake of increasing revenue on per employee basis. This is required if these firms wish to maintain their profitability [...]
Being pressurized by markets to come up to expectation and unusual times have helped about 31 companies to register extraordinary profits. The category of extraordinary income comprises the one gained from selling of assets, written [...]
Eyeing the current economic conditions the global investors continued to pull out equity funds from the Indian market for the fourth week too, whereas inflow of funds got tripled to $219 million in Asia during [...]
ITAT’s (Income Tax Appellate Tribunal) decision that the Liaison offices of Foreign Firms functioning in India cannot be bracketed as ‘Permanent establishments’ has been opposed by the Income Tax Department (IT). The decision that came [...]
Survey conducted by Mercer, a consulting firm, shows that a substantial number of Indian companies have not structured a proper format for the Provident Funds and Pension Funds of employees. The report shows that nearly [...]
The volume of total Merger & Acquisition deals that focused on India went down from $5.3 billion in last year to $2.7 billion. The finding was done by Dealogic, a global deal tracker. Also, India’s [...]
Presently, India stands at 54th position in the Unido’s (UN Industrial Development Organization) industrial competitiveness Index, after moving down by three positions. The finding was done in an Industrial Development report, 2009 released on Monday. [...]
The Indian Economy grew at a slower pace of 5.3 percent in the third quarter ended on December 2008. The GDP growth dropped 2.3 percent in the December quarter due to the severe economic crisis [...]
The Indian Rupee hit the lifetime record low of Rs 50.87 per dollar in the yesterday trading and closed the day at Rs 50.46 mark against the US dollar. According to analysts the Indian Rupee [...]
