Business
IndiGo backs out of Air India race
India’s largest airline IndiGo, which was the first entity to evince interest in participating in Air India’s disinvestment, backed out on Thursday citing […]
Business
Business
Govt-backed startups: Centre may provide retrospective tax break on angel funding
The centre is considering a proposal to give exemption up to a certain limit on angel investments of government-certified start-ups on a retrospective […]
Business
LTCG tax impact: Equity mutual funds see huge redemptions in March
The mutual fund industry witnessed huge redemptions in equity schemes in March as investors lined up to redeem their units and save on […]
Business
‘Walmart, Amazon in race to buy 40 per cent stake in Flipkart’
Even as Walmart is reportedly in talks to acquire 40 per cent stake in Bengaluru-based e-commerce firm Flipkart, its global competitor Amazon Inc […]
Business
RBI Monetary Policy decision today, repo rates unlikely to change
The Reserve Bank of India will review its first bi-monthly monetary policy for the new fiscal 2018-19 on Thursday. The policy is likely […]
Business
Rupee surges 13 paise against US dollar
The rupee strengthened by 13 paise to Rs 65.01 against the US dollar at the interbank forex market on Thursday, on fresh selling […]
Business
Air India disinvestment: Unions meet chairman, express concern over future of employees
Unions of Air India (AI) met Pradeep Singh Kharola, the chairman and managing director of the national carrier on Wednesday, a week after […]
Business
McDonald’s India goes ‘healthy’
Mumbai, Fast food chain McDonald’s said on Wednesday it would begin selling “healthier” food options in its restaurants in western and southern India. […]
Business
RBI did not audit PNB branch that sanctioned loans: CVC
Central Vigilance Commissioner K V Chowdary said the Reserve Bank of India (RBI) did not audit the Punjab National Bank (PNB) branch that […]
Business
RBI monetary policy set to keep bond market rally going
The government kicked off a party in the bond market last week. And the RBI won’t want to spoil that. While Governor Urjit […]
Business
Direct tax collections surge 18% to Rs 10.02 lakh cr in FY’18: Jaitley
Finance Minister Arun Jaitley said direct tax collections were at Rs. 10.02 crore for the financial year 2018-17. With that, direct tax collections […]
Business
Air India delays payment of March salaries, yet to intimate employees about reasons
Disinvestment-bound Air India has delayed the payment of salaries for the month of March and is yet to intimate employees about the reasons […]