RIL plans to roll out its online shopping platform that will combine its retail arm's nearly 10,000 stores in over 6,500 towns as well as neighbourhood retailers with its fast expanding mobile phone network that already has 28 crore subscribers

Among the lakhs of jobless lawyers in India, less than 10% are making a living wage. Will legal profession survive another 20 years?

Brit billionaire Denise Coates' salary is more than three times greater than what Tim Cook earned (80 million pounds) for running Apple, the most valuable company in the world, and 25 times more than what BP boss Bob Dudley took home.

How can Walmart correct the wobble in India's best known start-up?

Tax notices were sent to the cofounders on October 18, asking them to explain the total payment received from the sale of their venture to Walmart, the capital gain tax liability and how the tax payments have been scheduled.

The Pune-based company uses algorithm, AI and heuristic cloud technology to spot fake products and provide business intelligence.

Income Tax authorities, which had previously asked Walmart to explain the logic behind its tax deductions on the $16 billion Flipkart deal, have the option to seek more clarifications from the US retailer once they study the reply.

As many as 44 shareholders of Flipkart, including significant ones like SoftBank, Naspers, venture fund Accel Partners and eBay, had sold their holdings to Walmart.

As per the provisions of the I-T law, Walmart has to deduct withholding tax on payments made to sellers and deposit it with the Indian authorities on the seventh day of the subsequent month, which falls on September 7.