Amazon's 'offer' to buy Flipkart & more

THE ECONOMIC TIMES Sat, Mar 19, 2016 | 02:17 PM IST Weekly Platter Newsletter

Amazon made a $8-billion offer to 'buy' Flipkart Flipkart reportedly considered selling itself to Amazon, upending the notion that India's largest online retailer would go full distance as independent internet giant. read more How an executive MBA may catapult your career Institute sources said offers for these senior roles are coming in from across sectors, with salaries at the upper end crossing the Rs 1 crore-mark. How to restructure your salary to pay less tax With the appraisal season round the corner, it's time to optimise your CTC in accordance with the latest tax rules to reduce your tax outgo.

Editor's Pick KFA lenders seek Rs 350 crore from Airbus Total due from Airbus could be around Rs 350 crore including the accrued interest on the principal amount, sources in United Bank of India said. India to get range of systems to defend its skies The S 400 is the latest of a long range of highly successful air defence systems that have been the biggest threat to western aircraft across the world. Micromax, once a rising star, struggles In Micromax's slide to second place is a tale of the promise and peril of India's booming but hyper-competitive smartphone industry. Coal India may not be rich as its accounts show Coal India is left with some Rs 20,000 cr only as actual cash balance including some Rs 8,000-Rs 9,000 cr for working capital after paying dividend this year.

Most Popular This Week This 22-year-old Flipkart employee is worth Rs 1.3 cr! Blackstone strongest contender to acquire Mphasis India 'not scared' if Monsanto leaves, says govt Flipkart, Amazon being penalised for returned goods! Ford slashes EcoSport's price to counter Vitara Brezza

Story of The Week Mistakes to avoid in tax saving investment rush before March 31 Unlike the ELSS funds, you can invest blindly in the PPF. If you already have a PPF account, just put the remaining portion of your Section 80C limit in it. read more

Money

Tax-free bonds better, stay away from annuities, say experts Low annuity rates offered by insurance companies are torpedoing Jaitley's 'pensioned society vision'. And most experts are asking investors to stay away from annuities. Freelancers have it easy now with Income Tax Return 4S The popular online tax filing platforms have basic plans for freelancers starting at as low as Rs 3,500 and going up to Rs 10,000 to Rs 12,000.

Stock Round Up Sensex & Nifty set for biggest monthly gains since October 2014 Syndicate Bank has gained over 29% in the last month while others like Allahabad Bank, ICICI Bank and State Bank of India have all risen over 20% during the same period.

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