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China's top 500 firms report first revenue decline in 15 years

China's top 500 firms report first revenue decline in 15 years

Among the top 500 firms, 155 reported declines in revenues in 2015, 61 more than a year ago, with many of them representing the overcapacity-plagued coal, steel, oil and chemicals industries.

Double taxpayers to 10 crore people, says PM Modi; warns against tax evaders

Double taxpayers to 10 crore people, says PM Modi; warns against tax evaders

At the conference titled 'Rajasva Gyan Sangam' (Knowledge Conference on Revenue), Modi asked the officials to "move towards digitisation" to make tax administration efficient and work towards bridging the "trust deficit".

Solar Industries eyes Rs 3,300 crore revenue by FY19

Solar Industries eyes Rs 3,300 crore revenue by FY19

 Industrial explosives manufacturer Solar Industries India (SII) is planning to ramp up its manufacturing capacity and introduce new solutions for the defence sector to achieve revenue of Rs 3,300 crore by 2018-19.

CBDT eases taxation norms for bonds, debentures held by companies

Seeking to simplify the procedure and promote ease of doing business, CBDT has said capital gains tax will be computed from the date of acquisition of financial instruments like bonds and debentures and not from the date of their conversion into shares.

Zee Entertainment's digital arm aims Rs 250 crore revenue in FY17'

Zee Entertainment Enterprises Ltd's (ZEEL) digital arm Digital Convergence is optimistic about growth in the coming years and was eyeing Rs 250crore revenue in FY17.

No revenue earned from content uploaded by Centre: Google to Delhi HC

No revenue earned from content uploaded by Centre: Google to Delhi HC

Google Inc in its affidavit stated that "no advertisements appear on the content owned by Ministry of Information and Broadcasting, Government of India and provided/uploaded on the YouTube platform by the ministry".

Goldman Sachs Q4 earnings drop 71.8% on hefty legal charge

Goldman Sachs Q4 earnings drop 71.8% on hefty legal charge

Goldman Sachs reported a big drop in earnings Wednesday as hefty legal expenses and lower trading revenues more than offset the gains from strong merger advising activity.

NDMC seeks to boost revenue through tax assessment revision?

The outstanding cases for ex-parte cases per zone are City (110), Sadar Pahargaj (603), Karol Bagh (1,030), Civil Lines (3,094), Rohini (15,169) and Narela (4,621), total adding up to 24,627 cases, the NDMC said.

Fiscal deficit hits 68% of Budget estimate in first half

Fiscal deficit hits 68% of Budget estimate in first half

The fiscal deficit is the gap between expenditure and revenue.

India to meet fiscal targets despite revenue drop: BofA-ML

India to meet fiscal targets despite revenue drop: BofA-ML

Government is likely to meet its fiscal deficit target this year despite risks of shortfall in tax collection and disinvestment proceeds, as it may go for a small reduction in public spending, says a report.

Corporate revenues likely to grow only 1.6% in Sept quarter: Crisil

Corporate revenues likely to grow only 1.6% in Sept quarter: Crisil

Corporate revenues are likely to grow by a meagre 1.6 percent for the quarter ended September, which will be the fifth consecutive quarter of single-digit growth, Crisil Research said Wednesday.

Force Motors targets Rs 3,000 cr revenue in 3 years

Pune-based Force Motors expects to triple its revenue to Rs 3,000 crore in next three years driven by its contract manufacturing business for leading automobile companies like Mercedes Benz and BMW.

IBM revenue falls for 13th straight quarter; shares dip

International Business Machines Corp`s revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue`s results.

Morgan Stanley beats estimates as trading revenue jumps

Morgan Stanley reported a better-than-expected second-quarter profit on Monday as its business that trades bonds and equities handily outperformed those of its Wall Street rivals.

BlackBerry first-quarter software revenue jumps, shares soar

BlackBerry Ltd said on Tuesday its revenue slide began to ease and its turnaround gained traction as revenue from its crucial software segment rose in the first quarter, sending its shares soaring 8.6 percent.

Vodafone India's FY'15 revenue up 12% at Rs 42,526 cr

Vodafone India Tuesday reported 12.6 percent jump in total revenue at Rs 42,526 crore for the fiscal ended March 2015 on the back of customer additions and robust data growth.

RBI says states could tax e-tailers to shore up revenue

The Reserve Bank Tuesday made a case for more clarity on taxing the sunshine e-commerce sector, which has been seeing high valuations and frenetic activities, saying doing so will help bolster their finances.

Cognizant Q1 Net up 9.7%; ups revenue forecast for 2015

IT services major Cognizant Monday said its net profit has increased 9.7 percent to USD 382.9 million for the quarter ended March 31, 2015.

Expedia first-quarter profit tops expectations

Expedia Inc on Thursday reported a first-quarter profit that exceeded analysts` expectations as it earned more money from people outside the United States booking travel despite currency fluctuations.

Govt gets Rs 5,814 cr revenue from AAI in 4 years

The government has received more than Rs 5,814 crore from the Airports Authority of India (AAI) in the last four financial years, Lok Sabha was informed Monday.