COAI writes to DoT for floor price on tariffs from April

Mobile operators association, COAI, has suggested steps to facilitate reduction of financial stress on the industry in wake of the AGR payments where it has sought floor price for telecom tariffs be introduced from April this year.

Indian retail market to reach $1 trillion by 2025: Report

The Indian retail market is estimated to cross $1 trillion-mark by 2025 and top five retailers could take on a bigger slice of the industry, reaching over 10 per cent market share each in the next decade, a new report said on Wednesday.

Trump Visit Concludes, Tentative US-India ‘Phase One’ Trade Deal Proposed

While US-India trade negotiations still continue, the two countries were able to sign key deals for defense and energy.

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Trump in New Delhi: What Goods and Services is India Buying from the US?

Chris Devonshire-Ellis explains how India represents an important and accessible market for American businesses to tap into, and spotlights key sectors.

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DoT launches '5G Hackathon' with Rs 2.5 cr prize money

In its endeavour to identify and promote applications relevant to India in the 5G realm, the Department of Telecommunications (DoT) has launched '5G Hackathon' in association with a number of government, academia and industry stakeholders.

President Trump Set to Visit India, US-India Trade Deal in Limbo

Uncertainty looms around the US-India trade deal ahead of US President Donald Trump's scheduled visit to India on February 24 – 25.

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'More litigation likely in AGR, Vodafone Idea vulnerability highest'

There is likely to be further litigation due to AGR payment in the Indian telecom sector but Airtel will overcome the storm whereas Vodafone Idea vulnerability is highest in the given industry dynamics, analyst firm Credit Suisse said.

Statutory Audit for Companies in India: Frequently Asked Questions

All public and private companies and certain LLPs are required to undergo a statutory audit. In this article we answer some frequently asked questions.

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Tax Audit for Companies in India: Frequently Asked Questions

A tax audit is mandatory in India for individuals and companies – if their turnover or gross receipts exceeds a specified threshold.

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Indian IT sector revenue up 7.7% to $191 billion: Nasscom

The resilient Indian information technology sector generated a whopping $191 billion in fiscal 2019-20, said the industry's apex body on Wednesday.

India’s Tax Authorities Demand GST on Non-Compete Fee, Issue Notices to Firms

Firms in India that have entered into non-complete agreements have to pay 18 percent GST on the non-compete fee.

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Establishing a Joint Venture in India

Foreign investors entering into joint venture agreements with Indian partners should understand India's regulatory and tax landscape as well as perform key due diligence checks before incorporation or agreeing to a partnership.

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Coronavirus in China: Contingency Plans for Businesses in India Facing Production Challenges

This article will discuss the impact of coronavirus in China on businesses in India, and contingency plans for businesses facing production challenges.

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Expect sales revival in 2nd half of FY21: Tata Motors CEO

With the Indian automobile industry going through an unprecedented slowdown and carmakers set to roll out BS-VI vehicle models, Tata Motors MD and CEO Guenter Karl Butschek is of the view that the first half of the financial year 2020-21 would be more of a "transitional phase", with subdued demand and the sales would actually gather pace in the second half of the fiscal.

Automotive industry leads smart factory adoption: Report

Smart factory adoption rate is highest in the automotive industry and automotive is set to increase investment by over 60 per cent in the next three years, which could result in productivity gains up to $167 billion, a new report said on Thursday.

Back Office to the World: How India Continues to be a Preferred Destination for Outsourcing

India is considered one of the preferred destinations for outsourcing and key back office functions. Apart from IT, jobs in sectors like HR and payroll management, digital marketing, and SEO are being increasingly outsourced to India. India is expected to be a global delivery center for artificial intelligence in the near future. Foreign companies, especially[.....]

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Vittal wishes Vodafone Idea stays to ensure 3 player market

Bharti Airtel CEO Gopal Vittal on Wednesday wished better days for rival Vodafone Idea, saying the company's existence is critical for India to remain a three-private player market that could bring investments, prevent job losses and restore the reputation of the struggling industry.

India’s New Income Tax Plan Proposed under Budget 2020

India has proposed a new income tax plan for individual taxpayers but the existing regime will continue. We break it down here.

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BSVI transition, new launches to rekindle consumer sentiment: SIAM

The Indian auto industry feels that upcoming BSVI transition along with new launches will rekindle consumer sentiments and arrest the slowdown cycle which has impacted the sector hard.

India’s Budget 2020: 5 Takeaways for Foreign Investors

We review major takeaways for foreign investors from India’s national budget for FY 2020-21, which was presented on Saturday, February 1.

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