Free Press Journal
  • Consumer confidence in India drops in April-June: Nielsen survey

    Mumbai : Consumer confidence in India declined in the second quarter of this year amid concerns regarding job security and lower optimism on employment prospects, says market insight firm Nielsen. Besides, cautionary spending by consumers towards the end of 2016 still had some impact on the quarter under consideration, it said. The Consumer Confidence Index score for India decreased by six points to 128 in the April-June quarter of 2017, from a

  • Vishal Sikka blaming Murthy to cover up poor show : Mohandas Pai

    Bengaluru : Former Infosys CFO Mohandas Pai on Monday flayed Executive Vice-Chairman Vishal Sikka for blaming co-founder N R Narayana Murthy for the crisis in the company to cover up his “bad performance.” “Yes, true. He (Sikka) wanted to leave from February by his own admission. He is covering up his own failure to reach the target by blaming Narayana Murthy,” he said in an e-mail interview. He stated this in response

  • GST mop up at Rs 42,000 cr so far

    New Delhi : As much as Rs 42,000 crore has already come in as taxes so far in the first monthly filing under the new Goods and Services Tax (GST) regime and the revenues are expected to swell further as the filing cycle closes later this week. A senior official said that about Rs 15,000 crore has come in as Integrated-GST, which is levied on inter-state movement of goods, and another Rs