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Breaking News Tue, 29 Jul 2014
The Union Minister for Finance, Corporate Affairs and Defence, Shri Arun Jaitley at the inauguration of the 30th Annual Conference of Principal Chief Commissioners, Principal Director Generals, Chief Commissioners and Director Generals of Income Tax, in New Delhi on July 21, 2014.
(photo: PIB of India)
Revenue collection expected to exceed target this fiscal: Jaitley
The Hindu
After missing target in the last financial year, the government on Monday exuded confidence that tax collection during the current fiscal would exceed budget estimate of Rs. 13.64 lakh crore. | “Revenue collection targets fixed for 2014-15 will not only be achieved but also surpassed,” F...
Opposition Bharatiya Janata Party (BJP) leader and India's next prime minister Narendra Modi greets the gathering at the home of his 90-year-old mother in Gandhinagar, in the western Indian state of Gujarat, Friday, May 16, 2014.
(photo: AP / Saurabh Das)
India under Modi may be best emerging market turnaround story: Nomura
The Hindu
Japanese brokerage Nomura today said India may become the biggest turnaround story among emerging markets in five years, given the decisive mandate received by the pro-growth Modi government and the Reserve Bank’s actions. | “The landslide election victory by Prime Minister Narendra Modi...
Flipkart raises bar in cash chase OUR SPECIAL CORRESPONDENT Mumbai, July 29: Flipkart, India’s largest ...
The Telegraph India
Mumbai, July 29: Flipkart, India’s largest e-tailer, has raised fresh funds worth $1 billion as it ramps up operations to fend off competition from Amazon, which is growing at a scorching pace in the country. | Flipkart, founded in 2007 by two former...
People to fund social film AMIT BHELARI Pawan K Shrivastava Inspired by the success of ...
The Telegraph India
Inspired by the success of his first feature film, Chhapra resident Pawan K. Shrivastava plans to start the pre- production of his next project in Hindi from the second week of August. | Pawan made his debut 93-minute bilingual film in Hindi and Bhoj...
Indian e-commerce firm Flipkart raises record $1bn fund
BBC News
India's largest e-commerce company Flipkart has raised $1bn (ÂŁ590m; 60bn rupees) in fresh funding, the largest ever for an Indian internet firm. | Founded in 2007 by two former Amazon employees, the company is hugely popular for selling books a...
Indian returns lost purse, money to its rightful owner in UAE
The Siasat Daily
July 29: | In a noble act, a 36-year-old Indian returned a purse containing 25,000 dirhams (USD 6,800) and other important documents that he found lying on a pavement in the UAE to its rightful owner, an Italian woman. | On a Ramadan evening, Raheel ...
S S Mundra set to be deputy governor of Reserve bank of India
The Times Of India
NEW DELHI: Bank of Baroda chairman and managing director S S Mundra is set to take over as the fourth deputy governor of the Reserve bank of India after Prime Minister Narendra Modi cleared his appointment days before he is due to superannuate. | Sou...
Lots of coal in India, but none to burn
Business Day
MUMBAI — India sits on one of the world’s biggest coal reserves, yet its power stations are starved of the fuel with some idle and others running dangerously low on supplies. | Coal accounts for nearly 60% of India’s electricity, and the countr...
United Bank of India raises Rs 300 crore by selling shares to LIC
The Times Of India
NEW DELHI: State-owned United Bank of India today said it has raised Rs 300 crore by selling shares on preferential basis to LIC. | The bank has received Rs 299.99 crore from Life Insurance Corporation of India (LIC) and completed the preferential al...
Mahindra Holidays & Resorts India Q1 net profit lower at Rs 20.42 crore
The Times Of India
NEW DELHI: Mahindra Holidays & Resorts India today reported a 2.80 per cent dip in standalone net profit to Rs 20.42 crore for the quarter ended June 30, 2014. The company had posted a net profit of Rs 21.01 crore for the corresponding period of the ...
Havells India posts 28% increases in net profit
The Times Of India
NEW DELHI: Havells India on Monday reported a more than 28% increase in first-quarter net profit, as the maker of electrical goods and power distribution equipment said all its business segments posted strong growth and better margins. | Net profit f...

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