A change of guard seems imminent at two leading India Inc. companies. While SN Subrahmanyan, deputy managing director and president, Larsen & Toubro (L&T), will take over as the chairman of the $16 billion engineering and construction powerhouse from AM Naik (74), on October 1, come February and Virginia House, headquarters of the cigarette-to-hotel-to-FMCG major ITC, will also have a new boss after two decades.
As it scans and analyses millions of banking transactions post-demonetisation, the income tax (I-T) department has found dozens of shell companies which have been used by hawala operators to launder
In a minor relaxation to IDS tax payment rules, the Income Tax Department has said disclosures under the scheme will be considered valid even if the tax amount has been
Rating agencies have accorded investment grade to the proposed USD 500 million bond raising programme of the country's largest lender SBI.
Moody's has assigned a Baa3 rating to SBI's proposed
Tinystep a parenting social network platform today said it has received USD 2 million (Rs 13. 6 crore) in funding from e-commerce giant Flipkart
Japanese auto major Nissan today launched the new version of its mid-sized sedan Sunny in India with price starting from Rs 7.91 lakh (ex-showroom Delhi)
In a major boost to UP chief minister Akhilesh Yadav, the election commission on Monday recognised the faction headed by him as the Samajwadi Party and allotted the reserved symbol
Control Alt Foods Pvt Ltd, owners of healthy snack brand ‘The Green Snack Co’, has now raised nearly $5,00,000 from two individual investors - Riddhesh Gandhi, founder of Discovery Capital
The armed forces are not alone in trying to get a handle on controversies emanating from social media content put out by men in uniform. The ministry of defence