India Business

India Business

Vodafone says will appeal two billion dollar Indian tax demand

GLOBAL mobile phone giant Vodafone vowed yesterday to appeal a Mumbai court ruling dismissing the company's challenge to a $2bn (£1.35bn) tax demand over...

Income tax dept cancels registration of six Tata Trusts

The income tax department has cancelled the registration of six Tata Trusts, including Jamsetji Tata Trust, R.D. Tata Trust and Tata Education Trust, following...

Nirav Modi and Choksi’s luxury cars auctioned at Rs 3.29 cr ED

A dozen luxury cars of PNB scam accused businessmen Nirav Modi and Mehul Choksi have been auctioned, fetching the government exchequer Rs 3.29 crore,...

Tata Motors shares gain as margins at JLR improve

SHARES in Tata Motors gained the most in two months after the auto maker reported that July-September margins at its key Jaguar Land Rover...

Infosys, Wipro fall after Nortel bankruptcy filing

SHARES in leading Indian outsourcers such as Infosys Technologies and Wipro fell today after one of their clients, Nortel Networks, filed for bankruptcy. ...

NCLT dismisses Cyrus Mistry’s plea against removal as Tata Sons chairman

The National Company Law Tribunal (NCLT) today dismissed the pleas of Cyrus Mistry challenging his removal as Chairman of Tata Sons. Mistry was removed...

State-run banks reported frauds of over Rs 95,700 crore this fiscal year

Government owned banks reported frauds of over Rs 95,700 crore in the first six months of the current fiscal, the Parliament was informed on...

India’s GVK to pay $1.3 bn for Australian coal assets

INDIAN infrastructure giant GVK will pay $1.3 billion (£826 mn) for Australia`s Hancock coal and infrastructure projects as it lines up energy supplies for...

Arun Sarin considered for Yahoo top job

THE former chief executive of Vodafone Group Plc, Arun Sarin, is among those being considered by board members at Yahoo Inc to take the...

Indra Nooyi named top US businesswoman for 5th year

PEPSICO Inc chief Indra Nooyi is the most powerful woman in US business for the fifth year in a row, but Yahoo Inc boss...
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