According to court filings of the tax authority, in most of the cases, the companies have defaulted on payment of TDS to the government despite collecting it from the employees.
The Reliance Group's defence play started with the acquisition of Gujarat-based Pipavav Shipyard about two years ago.
Qualcomm has been investing in Indian startups since 2007 and more than 20 Indian companies
At present, Maaza is a over Rs 2,000 crore brand, the company officials said.
It was a company modelled in the mould of its founding fathers. Now as Infosys seeks new ground, an outsider CEO is finding his feet while they find themselves squeezed out. The Indian Express on why this is more than a battle over salaries and severance packages
Peugeot drives away with Ambassador, leaves behind a ghost township.
Berkshire revealed that its massive stake in Apple stock, as of Dec. 31, had risen to 61.2 million shares for a total of $6.75 billion, an average of about $110.17 apiece
"When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients," Buffett said
"While the past fiscal year posed major challenges for us, despite the crisis the group's operating business gave its best-ever performance," chief executive Matthias Mueller said in a statement.
The company did not announce the price saying its not available for sale, but market sources said the buyer has shelled out close to Rs 3 crore excluding taxes
The deal includes assumption of DigitalGlobe's debt of C$1.60 billion and is expected to add to MDA's operating earnings per share in 2018.
Among other conditions, Tata Steel has been asked to spend 2.5 per cent of the total cost of the project towards enterprise social commitment.
Besides the payout to GSPC, ONGC will have to pay for the entire development cost of the six discoveries which may run into at least a couple of billion dollars.
Gopinathan acknowledged that that there are political ramifications that need to be dealt with given the shift in demographics and political elements.
Airtel will take on Telenor's spectrum liabilities worth `1,600 cr, payable in instalments till 2026.
The Infosys scrip closed the Thursday's session at Rs 1,009.05 apiece, up 1.73 per cent.
The fresh investment in the fields are likely to see 14.969 million tonne (mt) of oil and 2.972 billion cubic metre of gas, the company said.
In events such as management tussle in a company, investors should look out for the broad intent of the promoter and whether returns were generated in the past
It is now looking to mop up more money and is currently in talks with some VC firms for the same, Srivastava added.
Codesharing allows an airline to book its passengers on its partner carriers and provide seamless travel to destinations where it has no presence.
Rival Spark New Zealand opposes the deal and had received a court stay on Wednesday for a temporary halt if the regulator ruled in favour of the sale.
The reduction reflects the number of barrels of oil equivalent that were now deemed uneconomic due to lower crude prices.
Hiroto Saikawa will become chief executive at Nissan Motor Co., based in Yokohama, effective April 1, and up for shareholders' approval in June.
Airtel will take control of outstanding payments of the spectrum as well as other contracts relating to operations, which will include lease of towers, the agreement states.
Telenor India's operations and services will continue as normal until the completion of the transaction.
These will come up at the centre over the next few years,” said C V Raman, executive director R&D, MSIL.
Non-retail investors bid for 2.09 crore shares against 89.34 lakh shares reserved for them.
The company is estimated to have 8,000 employees on its rolls. Co-founders of the company Kunal Bahl and Rohit Bansal have also announced that they will take a 100 per cent salary cut.
The reduction will include employees across levels and the process will be completed in the next few days.
“I look forward to working with my colleagues, the management teams and the boards of the companies towards achieving these goals,” said Chandrasekaran.
“In today’s context, where technology is playing a key role in business success, the need for innovation is vital to help reimagine and reinvent our businesses...,” Chandrasekaran said.
While local voice calls, STD and roaming will continue to be free, Ambani promised to match the best offers of rival telecom companies and add 20 per cent more data from April 1.
The three officials had allegedly demanded the bribe from the contractor for sanctioning a bill for laying cables in the area, he said
Discussions covered business opportunities for both sides, particularly in the defence sector, sources said.
Ishaat Hussain, another board member and a group veteran of several decades, said, "I am confident that Chandra will just keep doing what he did at TCS....I wish him all the best."
Tata Chemicals in April last year had signed an MoU with SCSL, its ammonia terminal operator, for re-routing a portion of ammonia pipeline that runs from the Haldia dock to ammonia storage tank.