Business In India

India needs to carefully navigate the US sanctions imposed on certain Indian entities to protect their business interests and can engage diplomatically with America and other international bodies to seek remedies, think tank GTRI said on Friday. To prevent future sanctions, India may plan to tighten export controls, offer clearer business guidelines, and ensure stricter compliance, it said. On October 30, the US State Department and the Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions on nearly 400 entities and individuals, including 19 Indian companies and two individuals, for allegedly supporting Russia's military activities in Ukraine. Then, on November 1, the US Department of Commerce added five Indian companies to its entity list for acquiring and redirecting US-made goods to Russia's defence sector, it said. "While unilateral sanctions imposed by the US are controversial under international law, the practical reality is that countries like India must navig

Mindspace Business Parks REIT on Tuesday reported a 9 per cent increase in net operating income to Rs 496 crore in the first quarter of this financial year and declared distribution of nearly Rs 300 crore to unitholders for the latest April-June period. According to a regulatory filing, the company's revenue from operations rose 11 per cent to Rs 620 crore during April-June 2024, from Rs 560 crore in the year-ago period. Net Operating Income (NOI) increased 9 per cent to Rs 496 crore, from Rs 455 crore a year-ago, while distribution grew 5 per cent in the reported quarter to Rs 299 crore, from Rs 285 crore in the year-ago period. "We have had yet another great quarter, renting out over 1 million square feet and achieving a remarkable committed occupancy of 91.1 per cent. Our NOI grew by a robust 9.2 per cent driven by our rising rents and growing occupancy," Ramesh Nair, Chief Executive Officer, K Raheja Corp Investment Managers Pvt Ltd, Manager to Mindspace REIT said. This healthy

The agency will help startups at various stages of brand development

Through twin campaigns, the state showcases its robust biz climate

Options open for institutional placement, follow-on issue

The Competition Commission of India has proposed that indirect taxes, trade discounts, and intra-group sales will not be considered while computing the turnover of an entity for imposing a penalty for any violation of the rules. The fair trade regulator has invited stakeholder comments on the proposed regulation by January 12 next year, according to a notice. The measure is aimed at framing norms for the purpose of imposition of penalties on enterprises and persons based on turnover or income of such enterprises and persons. "Turnover or income, as the case may be, includes the total value of sales or revenue or receipts, by whatever name called, and other operating income, as per the audited financial statements maintained by such enterprise. The turnover or income shall exclude indirect taxes, trade discounts, and intra-group sales, if any. "The Competition (Amendment) Act, 2023, inter alia, amended Section 27, 48 and Section 64 of the Act empowers the CCI to frame regulations fo

The corporate affairs ministry on Monday said there are 53 Chinese foreign companies that have established a place of business in India, but there is no specific data maintained about details of business activities related to providing loans through apps by these firms. A foreign company (incorporated outside India) can establish a place of business in the country after complying with the requirements of RBI regulations and other sectoral requirements, wherever applicable. Within 30 days of the establishment of such an office, it has to seek registration with the Registrar of Companies (RoC) (Delhi & Haryana) under Section 380 of the Companies Act, 2013. In a written reply to the Lok Sabha on Monday, Minister of State for Corporate Affairs Rao Inderjit Singh said that as per information available, there are 53 Chinese foreign companies have established a place of business in India. "However, no specific data is maintained about the details of business activities related to ...

A survey by prominent economic think-tank NCAER showed an all-round improvement in business sentiments in the second quarter of the current fiscal. The Business Confidence Index (BCI) rose from 128 in the first quarter of the current fiscal to 140.7 in the second, the National Council of Applied Economic Research (NCAER) said. The BCI was also higher than 132.5 in the year-ago period, the NCAER said. The NCAER-NSE BCI was driven by four components -- overall economic conditions will improve in the next six months, financial position of firms will improve in the next six months, present investment climate is positive, and present capacity utilisation is close to or above the optimal level. "The share of positive responses was higher for all four components of the BCI in 202324:Q2 compared to 202324:Q1," showed the 126th Round of NCAER Business Expectations Survey (BES) in September 2023, with support from the NSE. The survey is based on responses from 500 companies. "Business ...

Diwali is a festival of lights and sweets that the entire nation enjoys with complete joy. This is also a great opportunity for enthusiastic businessmen who want to set up a profitable business

Every big idea starts with a small idea, and with dedication and hard work, one can transform any small idea into a billion-dollar business. Here are the top 8 small manufacturing business ideas

If you want to start your business but lack capital, then you don't need to struggle any more. Here are the top 8 business ideas that you can start with less than 5,000

Starting a business is no more a tough nut to crack as one can start their business with a nominal amount. Here are the 6 best business ideas under Rs 50,000

No matter how good your idea is, if you don't have the right amount of funding to invest in your business, you will hit a deadend. Here are the five tips on how to pitch your business ideas

A successful business requires a good business idea, sufficient investment and determination to face any obstacles. Here are the top 5 business ideas with an investment of less than Rs 20000

Franchise business is one of the fastest-growing business ideas in India. People are investing in well-established brands and earning good money. Here's how you can start a franchise business in India

Food franchises are the most sought after business ideas nowadays as people's taste has changed a lot in the last few years. Here are the 5 food franchises under 2 lakhs in India

Starting a business can be a challenging task, and it becomes more difficult if you lack investment. Here are the six business ideas under 10,000 to start earning today.

In today's world inflation is touching new heights and regular income is not sufficient to meet daily expenses, hence every person needs a source of side income. Here are the 5 side income ideas

Starting a new business involves lots of complexities, and the case for beginners is even tougher, so they have to be more cautious while investing in it. Here are the 10 business tips for beginners