Tag archive for ‘India’
By Loknath Das On Tuesday, June 20th, 2017
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General Motors India dealers to meet this week over ‘measly’ compensation issue

Dealers of General Motors in India have decided to meet later this week to decide on the future course of action, including taking the legal route, against the American automaker over measly compensation. A majority More...

By Loknath Das On Saturday, June 17th, 2017
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Employer Confidence In India Dips To Lowest Since 2005: Report

New Delhi: Indian employers expect a steady hiring outlook for next three months, but their confidence has dipped to the least optimistic level since 2005 amid uncertainties in global markets, according to a report. More...

By Loknath Das On Friday, June 16th, 2017
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State Bank Of India Not Ruling Out Write-Offs Post Merger

New Delhi: The country’s largest lender SBI has said write-downs or write-offs on account of the merger of five associates cannot be entirely ruled out. In the largest consolidation in the banking space, More...

By Loknath Das On Thursday, June 15th, 2017
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Uber India names Jaiteerth Patwari as senior engineering leader

India is the largest market outside the US for Uber and accounts for about 12 per cent of all Uber trips globally, as of last year. In India, the company operates in 29 cities.(Representative Photo) Cab aggregator More...

By Loknath Das On Tuesday, June 13th, 2017
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India ‘seen as a top market’ in retail, commercial realty

Farook Mahmood, Chairman and Managing Director of the Bengaluru-based real estate company Silverline Group, has been elected global president of FIABCI, the International Real Estate Federation. Mahmood, who has More...

By Loknath Das On Thursday, June 8th, 2017
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State Bank of India $2.3 billion share sale probably to qualified investors, Bhattacharya says

The State Bank of India expects to complete a planned share sale by year-end, probably through a qualified institutional placement (QIP), bank Chairman Arundhati Bhattacharya said on Friday. SBI, India’s biggest More...

By Loknath Das On Tuesday, June 6th, 2017
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SoftBank’s India solar ambitions may gain from PM Modi’s electric vehicle push

SoftBank Group is in talks with the Indian government to facilitate the use of renewable energy like solar to charge electric vehicles in the country, a senior executive at the Japanese group’s local unit told More...

By Loknath Das On Monday, May 29th, 2017
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India Retains World’s Highest FDI Recipient Crown: Report

New Delhi: India retained its top position being the world’s top most greenfield FDI investment destination for the second consecutive year, attracting $62.3 billion in 2016, says a report. India has remained More...

By Loknath Das On Wednesday, May 17th, 2017
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Reserve Bank Of India Creates Post Of CFO

Mumbai: In a first, the Reserve Bank of India is creating a post of a chief financial officer (CFO) and has sought applications for the position. The CFO, who will be of the rank of executive director, will be More...

By Loknath Das On Thursday, May 4th, 2017
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Why India should tax agricultural income

In 1925, the Indian taxation enquiry committee noted, “There is no historical or theoretical justification for the continued exemption from the income tax of income derived from agriculture. There are, however, More...