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  • Here's what you can expect from today's GST Council meeting
    on January 17, 2018 at 6:02 pm

    The Goods and Services Tax Council has a big agenda lined up today as it considers more changes to further improve the country's most comprehensive indirect tax reform since Independence. ET takes a look at what is on the agenda of the 25th meeting of the council:Rejig in RatesThe GST Council may take up revision in tax rates on number of items. Rates are likely to be lowered for:Bio diesel: 18%Agri Equipment: 12%Electric Vehicle: 12%Online services: 18%Jobwork service for handicraft: 12 %Some […]

  • Top brass of Vodafone-Idea Cellular may get stock options
    on January 17, 2018 at 5:58 pm

    MUMBAI: The top brass of Idea Cellular and Vodafone India's merged entity are likely to get a bunch of stock options which may include restrictive stock units and preferential shares besides regular employee stock options, people familiar with the matter said.They said that Idea Cellular and Vodafone India - which are likely to complete their equal merger by March end - have hired Aon, a global HR consulting company, to prepare the salary structures of all employees, including the top […]

  • Airtel, Idea Q3 numbers may show persistent pain
    on January 17, 2018 at 5:57 pm

    Bharti Airtel and Idea Cellular are likely to report a sharp sequential fall in operating income and wireless revenue in Q3, stung by the cut in IUC charges and continued efforts to match Reliance Jio's aggressive tariffs, analysts say. Airtel may report an almost 10% on-year decline in net from Rs 504 crore last year, according to an ET Poll of five analysts, while Idea's net loss may widen to Rs 1,314 crore from Rs 383.9 crore a year ago. Airtel reports results on January 18 and Idea's is […]

  • Startup lessons from Israel can turn India into an innovation economy
    on January 17, 2018 at 5:46 pm

    By Pankaj PatelWith India and Israel in the spotlight now, it is the most appropriate time to note how technological innovations have driven growth all over the world and brought prosperity to all countries. To be competitive in the world arena, it is important to nurture an 'Innovation Economy'.India took big strides in its startup ecosystem with the launch of the 'Startup India' programme in 2016. Indian startups are now diversifying across various economic platforms and have unleashed […]

  • How Indian parents failed to teach right financial planning to their children
    on January 17, 2018 at 5:46 pm

    By Anuvab Pal"I told my son to get married by 30, buy gold, a house, a car, set up fixed deposits, get a job with a prestigious global company in finance, engineering, medicine, something permanent, and you will have a happy life," said an older gentleman to me on a recent flight. He, like all Indian men of a certain age, seemed confident that this was good, stable economics. All his son would have to do was follow this man's simple steps to gain stable financial bliss."My son doesn't agree. […]

  • How Mohan bros planning to revive the brand Old Monk
    on January 17, 2018 at 5:41 pm

    If two brothers nurtured and grew what was once the country's biggest selling alcoholic brand Old Monk, then it's up to another two siblings from the second generation to safeguard its legacy.Both Hemant and Vinay Mohan are fully aware of the remarkable roller-coaster ride that saw their family jewel scale dizzying heights under their father Sukhdev and uncle Kapil Mohan to become the global no. 3 rum brand, before slipping to lose its dominance even in the domestic market.As the young blood […]

  • Nifty50 forms 'Bullish Engulfing' pattern; further upside likely
    on January 17, 2018 at 12:27 pm

    NEW DELHI: Nifty50 broke a strong resistance zone of 10,750-10,780 levels to hit the psychologically important 10,800-mark briefly on Thursday, before settling the day at 10,788. The index made a 'Bullish Engulfing' pattern on the daily chart and experts believe further buying may open up way for the 11,000-mark.If the index sustains 10,800, it may rise further towards 10,830-10,870 levels, Rajesh Palviya, Head - Technical & Derivatives Analyst at Axis Securities said.An immediate support […]

  • Huawei charts out a new strategy to beat Xiaomi, Oppo and Vivo in India
    on January 17, 2018 at 12:11 pm

    Huawei said that India will play a bigger role towards the Chinese handset maker's goal to become the world's third-largest smartphone brand in next five years. The company has decided to take the "India's first approach" to bring new smartphones ahead of any other global market, which it said will help it achieve 10% market share by March 2018. "The focus on the Indian market has increased significantly...we do biweekly meetings with top bosses in China to update them about the growth and […]

  • F&O watch: Nifty50 trading band shifts to 10,700-10,900 levels
    on January 17, 2018 at 12:08 pm

    By Chandan TapariaThe Nifty50 index managed to hold above 10,659 and made a new lifetime high of 10,803 in Wednesday's trade. The index formed a Bullish Engulfing pattern and nullified the consolidation of last two sessions. It has managed to cross and close above the immediate supply trend line by connecting all the swing highs of 10,137, 10,490 and 10,760. Now, it has to continue to hold above 10,700 to extend its move towards 10,850 and then 11,000, while on the downside support exists at […]

  • Google, Coursera launch new programme for entry-level IT jobs
    on January 17, 2018 at 6:44 am

    Google and US-based online education company Coursera on Wednesday launched Google IT Support Professional Certificate programme that will help create entry-level IT support jobs globally, including in India.The industry-relevant curriculum will allow learners to share their information with companies looking to hire entry-level support professionals, including Bank of America, Walmart, Sprint, GE Digital, PNC Bank, Infosys, TEKSystems, UPMC, and Google.The programme will help anyone with no […]

  • VHP's Praveen Togadia gets support from unlikely allies - Hardik Patel, Congress
    on January 16, 2018 at 12:18 pm

    Terming VHP leader Pravin Togadia's claim that he apprehended a plot to kill him in a police encounter as a "serious issue", opposition Congress in Gujarat today sought an inquiry.Congress leader Arjun Modhwadia met Togadia at a city hospital where the Vishwa Hindu Parishad leader was admitted yesterday in an unconscious state.Apart from Modhwadia, a vocal critic of the VHP's Hindutva ideology, Patidar quota agitation leader Hardik Patel also met Togadia separately.Togadia, the VHP's […]

  • Ex-ISRO chief gets bail in Rs 578-cr illegal gains case
    on December 23, 2017 at 7:03 am

    Former ISRO chairperson G Madhavan Nair was today granted bail by a Delhi court in the sensational Antrix-Devas deal case in which a loss of Rs 578 crore was caused to the exchequer.Special Judge Santosh Snehi Mann granted the relief to Nair on a personal bond of Rs 50,000 and two sureties of the same amount.During the proceedings, the CBI informed the court that two accused could not be served summons as they had settled in the US, and the process was still on to execute the summons to […]

  • Council may bring petrol, realty under GST in future: PM Modi
    on December 14, 2017 at 11:29 am

    All powerful GST Council will consider bringing electricity, petroleum products and some other items under the ambit of GST in future, Bihar Finance Minister Sushil Modi said here."Electricity, real estate, stamp duty and petroleum products should become part of GST (Goods and Services Tax). This would be our (GST Council) endeavour," he said at the annual meet of industry chamber Ficci.He, however, said it would be difficult to specify any timeline for this to happen.Inclusion of these can […]

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