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SC rules states can tax mines, royalty on minerals not tax

The legislative power to tax mineral rights vests with the states and the royalty paid on minerals is not a tax, the Supreme Court ruled on Thursday in a landmark judgement which will give a huge......

Electoral bonds: TMC 2nd largest beneficiary; Future Gaming DMK's top donor

Top purchaser of electoral bonds Future Gaming and Hotel Services donated Rs 509 crore to Tamil Nadu's ruling party Dravida Munnetra Kazhagam through the now-scrapped payment mode, the Election......

Karzai in India, to cement ties

Prime Minister Manmohan Singh and Afghanistan President Hamid Karzai will meet on Monday in New Delhi. Karzai arrived in the capital on Sunday night. The delegation includes, Minister of Foreign......

After cement, Adani and Birla are set for a face-off in the wires and cable biz

After cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into......

India's cement sector sees a concrete 2024 with over 10 major deals

With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the......

UltraTech Cement to acquire 23% in India Cements

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore.......

Events that shaped Indian businesses in 2024

Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in......

At Rs 1.2 trn, IPO mopup set to hit new high in 2024

The calendar year 2024 is set to go down as the best year for initial public offerings (IPOs) in terms of funds raised. Photograph: Kind courtesy Geralt/Pixabay Following the IPOs of food......

Now, It's Shah Rukh Vs Sunny Deol

After The Great Khali and before him Big B put their weight behind it, the Indian cement industry has brought on board two other celebrities to solidify its growth. Of the top four companies,......

'I am a difficult person to get along with'

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Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......

Loyalty Over Money For Dravid!

IMAGE: A few big IPL franchises had offered Rahul Dravid blank cheques to join them but his choice was clear. Photograph: Rajasthan Royals/Instagram Rahul Dravid took no time to reunite with......

CSK welcomes Ashwin back; Dhoni's future uncertain

Photograph: Kind Courtesy BCCI India's premier off-spinner R Ashwin is set to take charge of the Chennai Super Kings High Performance Centre, potentially paving the way for his return to the......

Angry Dhoni offers to quit as CSK skipper, India Cements VP

Indian cricket captain Mahendra Singh Dhoni has offered to step down as Chennai Super Kings captain and vice-president of India Cements Limited. Dhoni believes that his name being dragged into the......

'India Cements owns Chennai Super Kings; I don't own it'

N Srinivasan, the newly-appointed president of the Board of Control for Cricket in India, brushes aside allegations of conflict of interest of him holding the top BCCI post and owning IPL side......

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