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Total 33 results found. Search for [ 16 billion dollars in rupees ]

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PTI
December 26, 2018



BusinessToday.In
New Delhi, September 21, 2018
New jobs rise to 11-month high of 9.51 lakh in JulyNew job creations in July rose to an 11-month high of 9.51 lakh, taking the total tally of new enrolments to 61.81 lakh since September 2017, according to the EPFO's payroll data. Job addition numbers, which are based on new members enrolled in various social security schemes of EPFO such as pension, PF and insurance, were 9,51,423 in July -- the highest in any month since September 2017 when the retirement fund body started rel...


BusinessToday.In
August 16, 2018
The rupee set a new all-time low record today, staying above the psychologically-important 70 mark against the US dollar. Here are the factors weighing down the rupee.


BusinessToday.In
New Delhi, May 21, 2018
The behaviour of the exchange rate in May 2018 has been eerily similar to that in May 2013, the month that marked the onset of the 'taper tantrum' - when hints from the U.S. Federal Reserve that it was planning to taper its bond-buying programme saw the rupee slide by over 20 per cent against the dollar in three months till August.


BusinessToday.In
New Delhi, May 17, 2018
The rupee has had a rough ride of late but the good news is that it continued to strengthen for a second day today. The rupee opened eight paise higher at 67.72 against the US dollar this morning. It proceeded to gain 13 paise in the morning trade before slipping again and is currently at 67.70.


Anilesh S Mahajan
New Delhi, May 11, 2018
According to some sources, close to the Prime Minister, he avoided meeting the CEO because of the ongoing proceedings against the global retail company in the US. In 2015, the reports suggested that Walmart paid bribes -from $5 to $200, totally millions - to push their goods and real estate permits.


BusinessToday.In
New Delhi, May 11, 2018
While short-term capital gains tax in the hands of foreign investors is 40 per cent, long-term capital gains tax is levied at 20 per cent for shares sold after 24 months of purchase.


Dipak Mondal
New Delhi, May 10, 2018
The tax on the deal arises due to indirect transfer provisions of Indian income tax laws. The tax provisions say income arising out of transfer of share of a company registered outside India is taxable in India, if such shares derive substantial value from assets located in India.


BusinessToday.In
New Delhi, May 10, 2018
Building Flipkart into one of the world's most-valued tech companies will certainly be one of Sachin's legacies, says Binny Bansal.


BusinessToday.In
May 10, 2018
Four of Flipkart's biggest investors had agreed to sell their stakes to Walmart, but the newest and biggest investor, SoftBank, which invested $2.5 billion in the company, will take away a bigger pie - $4 billion - out of the mega-deal.


Rajeev Dubey
New Delhi, May 10, 2018
I'm very emotional about this. More than anything else it's a very emotional moment for all of us, not just me. Sachin and I go a long way. Before Flipkart started, says Binny Bansal.


Goutam Das
New Delhi, May 9, 2018
The Walmart deal is a sign things are changing. Flipkart's Japanese investor SoftBank has exited selling 20 per cent of its stake. Co-founder Sachin Bansal has exited as well. The 23 per cent remaining stake in Flipkart will now be held by co-founder Binny Bansal, Tencent Holdings Limited, Tiger Global Management LLC and Microsoft Corp.


PTI
May 9, 2018
The shares took a beating amid concerns that the Flipkart deal could impact profits of Walmart. The American retail majors shares fell over 4 per cent on the New York Stock Exchange at around USD 82.13 apiece.


E Kumar Sharma
New Delhi, May 9, 2018
Kishore Biyani says in terms of the e-commerce space, the e-commerce market is still too small in India. \"If you look at the non-CDIT (consumer durables and IT or electronics and mobile phones), it is hardly Rs 35,000 to Rs 40,000 crore. So, in that sense, it's a very small business,\" says the Future Group CEO.


Ajita Shashidhar
New Delhi, May 9, 2018
A better managed retail operations network will not just increase competitive intensity between Flipkart, Amazon and the likes of Reliance Retail and Future Group, but it will also step up consumption.


BusinessToday.In
New Delhi, May 9, 2018
Walmart will pay $16 billion for an initial stake of 77 per cent in Flipkart, valuing the e-tailer close to $20 billion. The remainder of the business will be held by some of Flipkart's existing shareholders.


BusinessToday.In
New Delhi, May 7, 2018
Kotak Mahindra Bank has said the rupee could fall past its 2016 record low of 68.89 per dollar if global and local risks play out, according to a Bloomberg report. We look at why the Indian currency breached the 67 level to the dollar again.


Reuters
March 9, 2018
Indian ride-hailing firm Ola's pilot project to test a fleet of electric vehicles in Nagpur was expected to herald a coming revolution in the Indian autos industry. So far, though, it has only exposed fractures in Prime Minister Narendra Modi's ambitions to make all new vehicles electric by 2030.


Reuters
New Delhi, July 18, 2017
The tobacco giant is pushing Marlboros in colorful ads at kiosks and handing out free smokes at parties frequented by young adults - tactics that break India's anti-smoking laws.


Reuters
New Delhi, March 28, 2017
A little-known cotton seed company has taken on Monsanto, with the aid of a group that helped propel Prime Minister Narendra Modi to power. The dispute threatens to upend the world's largest cotton-producing market.


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