Genpact, the business process outsourcing major, said it would acquire Accounting Plaza, a provider of finance and accounting and human resources services. The financial details were not disclosed.

The Economic Survey, while recognising the importance of the services sector (it accounts for 59 per cent of gross domestic product), has raised concern over several components in it. Three months

Foreign direct investment into the Indian retail sector is controversial, with political overtones. Few countries have witnessed such a ‘life and death’ debate. The protagonists

“Industry is looking forward to the implementation of GST, which can make payment and management of indirect taxes easier. We also expects the removal of service tax on rentals for commercial