A man walks past a HSBC bank branch. Photo: ReutersUK-based banking major HSBC saw its India headcount rise by 4,000 people to reach 37,000 last year even as its worldwide workforce got trimmed by nearly 23,000 persons.
Global banking giant HSBC has disclosed being probed by tax authorities in India and several other countries, including against its Swiss and Dubai units, for allegedly abetting tax evasion of four Indians and their families.
Chhattisgarh Chief Minister Raman SinghChhattisgarh government on Sunday started a campaign that would run in three phases to take governance to the doorstep of people.
The revenue department has sought views of industry and exporter bodies on duty drawback rates for exports following implementation of GST from July.
US-based Hyperloop Transportation Technologies (HTT) is in talks with five Indian states to build a high-speed travel network and will also raise $ 100 million to invest in the country.
Photo: ShutterstockThe country's two depositories - NSDL and CDSL - saw the number of investor accounts rising by 24 lakh in 2016, 44 per cent more than a year ago, reflecting investors' growing confidence in domestic bourses.
India's largest software services exporter TCS says it is confident of maintaining leadership position in the domestic market that is witnessing strong technology adoption in private as well as public sectors.
Piyush GoyalBuoyed by drop in tariff to record low of Rs 3.46 per unit in the first auction of wind power, the government is mulling putting on the block more such projects next fiscal.
Photo: ShutterstockHaving already earned the distinction of being free from open defecation, alcohol, tobacco and drugs, this tiny village in Assam's Goalpara district now aims to go cashless.
A man stands next to an advertisement of Steel Authority of India Ltd. (SAIL) at a street in New Delhi, India.
Godrej Interio, the furniture arm of Godrej Group, is looking to double its mattress segment turnover up to Rs 400 crore in the next three years.
Maruti Ritz. Photo: marutisuzuki.comCountry's largest carmaker Maruti Suzuki India (MSI) has stopped selling one of its popular hatchbacks Ritz in both domestic and international markets.
The Reserve Bank is expected to formulate standard operating procedure (SOP) for approval of FDI proposals by ministries following the government decision to phase out FIPB.
A Paytm sign at a petrol pump in New Delhi.
"We would love to see Maaza become a $1 billion brand coming out of India by 2020. The brand has potential to be there.
A logo of Indian Oil is picture outside a fuel station in New DelhiIn a big jolt to Indian Oil, the Odisha government has withdrawn tax incentives given to the Rs 34,555-crore Paradip refinery, making the company reconsider its plans to invest another Rs
Industry body Assocham has urged the Centre to impress upon states to adopt the Model Shops and Establishments Bill, thereby allowing small and medium scale shops to remain open for all seven days.
The fresh round of consolidation unfolding in the Indian telecom market is likely to yield five major players ensuring "enough competition but not fragmentation of spectrum", Telecom Secretary J S Deepak said.
An association representing indirect tax officers has sought Prime Minister Narendra Modi's intervention to reverse certain decisions taken by the Goods and Services Tax (GST) Council.
Photo courtesy: www.nmdc.co.inFacing year-long delay, the Rs 18,000 crore integrated steel plant of state-owned iron ore miner NMDC, coming up at Nagarnar in Chhattisgarh, is likely to be completed by December.