Business Today

No claimants for India-linked Swiss bank accounts holding around Rs 300 crore

The list of over 3,500 dormant accounts continues to have at least six with Indian links since December 2015, as no successful claimant has come forward for them. Recent data shows that Indians have about Rs 7,000 crore in Swiss banks.

Aurobindo takes over Apotex operations in five European countries for 74 million euros

Hyderabad-based Aurobindo Pharma has inked a definitive agreement with Canadian pharmaceutical firm Apotex to take over its commercial operations in five European countries.

India hunts for next Chief Economic Adviser, but big names are not really interested

Although the names of several economists, including Rathin Roy, Sanjeev Sanyal, Nagesh Kumar, and Surjit Bhalla, are doing the rounds, none of them has thrown hat in the ring yet.

FPIs carry on their selling spree; withdraw Rs 1,200 crore from debt markets

Continuing their selling spree, foreign investors have pulled out nearly Rs 1,200 crore from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve.

Govt will know if you evade GST, Sushil Modi warns traders

In last one year of GST regime, the revenue authorities have come across numerous cases of tax evasion where companies used fake bills to claim input tax credit.

Mon Jul 16 02:45:05 IST 2018

From The Magazine

Free Fall

The steadily weakening Indian currency brings with it a host of worries