Bharti Airtel posted a consolidated net profit of Rs 854 crore in the third quarter of December FY21, after six straight quarters of losses. Read the top news in Business Standard today
Budget 2021 raised the FDI limit in the insurance sector from 49 to 74 per cent
The amendments on goodwill are retrospective as depreciation on any past goodwill, partly claimed in the past, would not be available going forward
Five ways in which FM Nirmala Sitharaman's announcements will change the tax dynamics of merger & acquisitions and corporate restructuring in the country
The focus has been on smoothening the GST structure and removing anomalies, as well as closing loopholes to curb fraudulent practices
The Budget aims to boost demand and supply through increased spending in sectors such as health, education, infrastructure and power
There has been an attempt to build on earlier initiatives, but financial constraints may hamper execution and achievement of goals
The scheme titled 'Manufacturing Zones under Atmanirbhar Bharat Package' in the Union Budget would entail setting up three manufacturing zones in a year
A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.
Amazon founder Jeff Bezos will step down as the chief executive officer in the third quarter of 2021, the company said on Wednesday. Read top news with Business Standard
The Union Budget 2021 increased India's healthcare spending by 137 per cent and lifted caps on foreigners investing in the insurance sector. Devangshu Datta explains investments after the Budget 2021.
Stick to low-cost policies; go with an insurer having a solid track record
In terms of day-2 performance, this is among the top 10 since 1991, while if one looks at two-day performance (budget and next-day) this is in the top 5
Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation, notes analysts at Jefferies
"Likewise, we believe that the resolution of troubled assets could be faster with weak assets consolidated in a single entity, rather than multiple banks negotiating resolution terms," S&P added
Up to Rs 5,000 crore likely as big brands look to scale up manufacturing in the country
Concept is attractive as it eradicates need for cumbersome practices like board meetings and financial statement inclusions; Changes introduced may benefit some 200,000 firms
Allowing debt financing by FPIs will reduce cost of funding, say experts
A turnaround in domestic sentiment is vital to sustain this rally. For that, we'll need to see policy action on the ground.
It is unclear as to why Rs 35,000 crore has been earmarked for vaccines, writes K Sujatha Rao.