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Mr and Mrs Patel wanted to be President...

 A husband and wife from Mumbai filed their nominations for Monday's Presidential election.A sign that common Indians like you and me can aspire to be the First Citizen of the land.Rediff.com's......

Holy smoke! ITC loses nearly Rs 50,000 cr in M-cap

 The stock was the worst hit among Sensex and Nifty components. Tobacco stocks on Tuesday took a beating, led by ITC that plummeted 15 per cent in intra-day wiping out Rs 49,731 crore from its......

Cigarette cos hit hard on GST panel suggestion; ITC slumps 6.5%

 Cigarette stocks witnessed heavy selling pressure on Monday, falling as much as 6.5 per cent, after a GST panel suggested 40 per cent tax rate for demerit goods like pan masala and tobacco. Shares......

How India's tax system helps cigarettes flourish

 Cigarette companies have substantial wriggle room thanks to India's complex tax structure, which categorises them by length and filter, points out Charu Bahri/IndiaSpend. In March 2015 - in......

Wives, sisters become company directors to meet Sebi deadline

 In a last-minute rush, wives and daughters have come to the rescue of the listed companies to ensure compliance with a new norm for having at least one woman director on their boards that have been......

Manufacturing companies eye realty market

 Small manufacturing companies are increasingly eyeing the growing real estate market as it turns out to be a goldmine for property developers in the country. At least half-a-dozen companies have......

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