REVENUE
View: India needs to raise government revenue to ensure equalisation and growth
A coordinated effort across taxes and levels of government is necessary to eliminate the tax gap, make the tax system more effective, equit...
February 2021 GST collections stand at Rs 1.13 lakh crore, rise 7% from the year-ago month
GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row in February, rising 7 per cent to over Rs 1.13 lakh crore, in...
9X Media ropes in Alok Nair as chief revenue officer
“The pandemic has created disruption across all industries. It hastened the inevitable changes in the way people consume and engage with me...
Tarun Bajaj given additional charge of revenue secretary
Pandey, a 1984 batch IAS officer from the Maharashtra cadre, was appointed finance secretary last year in March, more than a year after he ...
Twitter sees revenue doubling in 2023, shares hit record high
Twitter will boost its new features to increase revenue and users, it said ahead of its investor presentation on Thursday.
INS wants Google India to compensate newspapers, share ad revenues
Over the past year, publishers across the world have been raising the issue of fair payment for content and of proper sharing of advertisin...
View: India needs new fiscal rules targeting interest-revenue ratio
A target for reducing the interest-to-receipts ratio to 33% is easier for the public to grasp — interest on old debts should not exceed one...
After a blockbuster FY21, brokerages' revenue growth to moderate in FY22: Report
High interest shown by both foreign portfolio investors and retail investors in the markets will lead the domestic broking industry's reven...
Saudi defence firm SAMI targets $5 bln annual revenue by 2030
Saudi Arabia, one of the world's largest buyers of foreign arms which has been embroiled in conflict in Yemen for six years, set up SAMI in...
The goldmine govt is sitting on with huge revenue potential
The sources of revenue collection have evolved over time. Various governments have explored multiple avenues to enhance revenues, including...
Shopify slips after warning revenue growth will slow in 2021
Since it was founded in 2004, Shopify has expanded from a core software business, helping businesses get online quickly, to providing an ar...
Indian startups test a popular US model of fundraising
Revenue-based financing, in which the investor gets a regular share of the business’ income, was more or less absent in India before the pa...
Nasscom pegs Indian IT industry revenue at $194 billion for FY21
The Indian IT industry now accounts for 8% of India’s GDP and has a 52% share in services exports from the country.
FMCG and agri-business drive revenue for ITC in Q3
ITC on Thursday also declared an interim dividend of Rs 5 per share for the financial year 2020-21.
Persistent’s revenue outlook improves on digital offerings
In line with bigger peers, Persistent showed a strong topline growth and margin improvement in the third quarter. Revenue grew by 7.4% sequ...
Grofers' revenues double; losses widen in FY20
E-grocery has surged over 100% in the past year as India went into lockdown, which kept consumers away from super markets and modern trade ...
Alibaba beats quarterly revenue estimates on online boom
The results come as China clamps down on founder Jack Ma's sprawling business empire, having forced the suspension of a blockbuster $37 bil...
RBI revenue payout likely to be low on ‘squeezed’ earnings
The returns for the Reserve Bank of India (RBI) are likely to be squeezed with investments in low yielding US dollar assets, and also due t...
DXC revenue expected to stabilise at 10-12% for Mphasis
When private equity firm Blackstone acquired Mphasis from HPE in 2016, there was an agreement that it would provide Mphasis a minimum reven...
MORE NEWS