Govt unlikely to go for income tax cut due to fiscal stress
The government is unlikely to moderate personal income tax rates for the rich due to fiscal stress on account of lower tax realisation amid slowdown ...
IndiGo becomes IATA member
Budget carrier IndiGo announced that it has become a member of International Air Transport Association (IATA) which represents around 290 airlines ac...
Air India seeks $819 million loan for 7 Boeing planes
Air India is looking to raise USD 819 million (over Rs 5,800 crore) to refinance existing bridge loans availed for six Boeing 787 and one Boeing 777 ...
Vodafone-Idea, Airtel shares jump up to 8.5% amid financial bailout buzz
Shares of Vodafone Idea and Bharti Airtel jumped up to 8.5 per cent on Wednesday amid reports the government has constituted a panel to work out a ba...
Xiaomi sells over 500,000 Mi TV units during festive sale
Xiaomi announced that it has achieved a record breaking sale of over 500,000 Mi TVs in just 24 days.
The company states that it has sold over 500,000...
China slams U.S for 'economic bullying' of Huawei, ZTE
China blasted as 'economic bullying' a U.S proposal to block telecom carriers buying from Chinese tech companies Huawei and ZTE.The U.S Federal Commu...
IndiGo places order for 300 A320neo family aircraft
Budget carrier IndiGo announced it has placed a firm order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs.The airline, h...
Sensex vaults 582 pts; Tata Motors zooms 16%
Equity benchmark Sensex shot up nearly 582 points on Tuesday on broad-based buying by participants buoyed by encouraging quarterly earnings and U.S-C...
Gold prices tumble Rs 548
Gold prices tumbled Rs 548 to Rs 38,857 per 10 grams in the national capital in tandem with tepid global market trends, according to HDFC Securities....
Govt likely to order SFIO probe into DHFL financial irregularities
The government is likely to order an SFIO probe on the financial irregularities at troubled mortgage firm DHFL soon, an official said. The Registrar...
RBI imposes Rs 35 lakh fine on Tamilnad Mercantile Bank
The Reserve Bank has imposed a penalty of Rs 35 lakh on Tamilnad Mercantile Bank for violating norms on frauds classification and notification. The c...
Kashmir businesses suffer Rs 10,000-cr hit
The shutdown in Kashmir, following the abrogation of Article 370, has crippled the valley's economy as the business community has suffered losses amo...
Close to 70 senior bankers in fray for LVB top-post
Close to 70 senior bank executives are in the fray to occupy the corner room office of the chief executive and managing director of the Tamil Nadu-ba...
Rupee settles 12 paise higher at 70.90 against US dollar
The rupee on Friday appreciated by 12 paise to settle at 70.90 against the US dollar on Friday on the back of firm domestic equities and easing crude...
Cost-cuts help Tata Motors reduce loss in Q2
Tata Motors reported a narrower loss for the second fiscal quarter, on the back of a significant improvement at its marquee Jaguar Land Rover busines...
Gold prices rally Rs 220 on Dhanteras
Gold prices rallied Rs 220 to Rs 39,240 per 10 gram in the national capital on Dhanteras, according to HDFC Securities. The yellow metal had closed a...
SBI Q2 profit surges six-fold to Rs 3,375 cr
The country's largest lender SBI reported a nearly six-fold jump in its consolidated net profit to Rs 3,375.40 crore for the second quarter ended Sep...
Sensex ends marginally lower; Infosys falls over 2%
Equity benchmarks Sensex and Nifty ended marginally lower after a volatile session on Thursday, dragged by losses in IT and bank stocks, amid mixed r...
Fitch cuts India's FY20 GDP growth forecast to 5.5%
Fitch Ratings slashed India's GDP growth forecast in the current fiscal to 5.5 per cent saying a large credit squeeze emanating from shadow banks has...
Ease of Doing Business: India jumps to 63rd position
India has jumped 14 places to take the 63rd position on the World Bank's 'Ease of Doing Business' ranking released on Thursday, figuring among the to...
