Chennai: Korean automotive giant Hyundai Motor Company has expressed regret to Indian people for the hurt caused by the unofficial social media post by its dealer in Pakistan. However, several other major automotive companies having operations in India remain silent on the similar issue. In a message on Hyundai Motor India Ltd's handle, the Korean company...
New Delhi: The Central government plans to launch the next phase of 'Ease of Doing Business' as well as 'Ease of Living', Finance Minister Nirmala Sitharaman said. In her Budget speech to Parliament, the Finance Minister stated: "For the 'Amrit Kaal', the next phase of Ease of Doing Business, EODB 2.0 and Ease of Living,...
New Delhi: The Finance Bill 2022 has proposed to cap the surcharge on long-term capital gains (LTCG) at 15 per cent. While such surcharge is already fixed at 15 per cent for capital gains arising from on market sale of equity shares and certain other securities, capital gains arising from any other capital asset is...
New Delhi: The gems and jewelry industry welcomed the Union Budget 2022-23, saying it included some much-needed reforms that would springboard the sector to multi-fold growth in the coming year. The Gem and Jewelry Export Promotion Council noted that the sector is one of the leading contributors to the national economy and the country is...
Reliance Brands Limited (RBL) together with Rahul Mishra (RM), will embark on a collaborative journey to create and own a new brand that would encompass Rahul Mishra’s ready to wear business through a 60:40 Joint Venture (either by itself and / or through its affiliates). Joining forces with the designer, the new brand would be synonymous...
Two of the top three most valuable IT services brands across the globe are Indian. Tata Consultancy Services (TCS) and Infosys have beaten IBM to take the number two and three spots, respectively, in the annual report by Brand Finance, a leading brand valuation firm. Accenture has retained the title of the world’s most valuable and strongest...
India is an emerging market and offers multiple opportunities to the diaspora to invest By Rajesh Mehta & Uddeshya Goel “The sword of revolution is sharpened on the whetting stone of ideas.” As we celebrate the 73rd year Republic Day, these words by the charismatic Indian revolutionary, Bhagat Singh, strongly beholds the versatile mindset of Indians and...
New Delhi: The number of Indian billionaires grew from 102 to 142, while 84 per cent of households in the country suffered a decline in their income in 2021, which was also a year marked by tremendous loss of life and livelihoods, according to non profit Oxfam India's latest report. It indicates that the collective...
San Francisco: In the biggest deal ever in the world of gaming, Microsoft has announced to acquire Activision Blizzard, the maker of popular games like Call of Duty (CoD) and Warcraft, for a whopping $68.7 billion. When the transaction closes, Microsoft will become the world's third-largest gaming company by revenue, behind Tencent and Sony. The planned...
