Business

Airtel to acquire Tikona Networks’ 4G business 

March 24: Bharti Airtel has entered into an agreement with Tikona Digital Networks to acquire its 4G business including the broadband wireless access (BWA) spectrum and 350 sites, in five telecom circles for approximately Rs 1,600 crore.

 Pearson bets big on Indian market

March 24: Pearson Clinical and Talent Assessment (PCTA), the operating business unit of Pearson India, which launched HireMe app in India last year, is now planning to launch it in other countries.

Karnataka govt gives Rs 1.8 crore grant to 8 startups

March 24: The Karnataka government has given grants worth Rs 1.8 crore to eight startups in the tourism sector under Idea to Proof of Concept Grant Scheme (Idea2POC) initiative.

CCI approves Reliance Infratel tower sale to Brookfield arm

March 24: The Competition Commission of India (CCI) has granted approval to the proposed sale of tower division of Reliance Infratel

Real estate may soon come under GST, says Jaitley

March 24: Real estate, which does not form a part of Goods and Services Tax, may soon come under its ambit as most of the black money is parked in this sector


Centre mulls easing rules for foreign retailers

March 24: Retail companies, including Amazon, have lined up with investment proposals to the tune of $695 million in the food processing sector

Amazon India to invest $515 m in food e-retail space

March 24: Amazon India on Thursday proposed to invest over $500 million for e-retail of food products in India over a period of five years.

Sensex extends gains by 113 points, Nifty regains 9,100 level

Stock markets opened higher today with the benchmark BSE Sensex advancing by 113 points in early trade on continued buying by investors in banking and FMCG stocks......

Malabar Gold to invest Rs 650 cr

March 23:Malabar Gold & Diamonds, the flagship company of Malabar Group, and one of the fastest growing business conglomerates of India

Tally achieves over one million user base

March 23: Software product company Tally Solutions on Wednesday said the company has crossed the user base of over one million businesses in the country

SBI advises Snapdeal sellers to cut outstanding loans

March 23: As the consolidation rumour is rife in the market, India’s third largest ecommerce marketplace Snapdeal’s sellers are facing the wrath of SBI to reduce their outstanding loans above their drawing power.

Porsche eyes pre-owned luxury car mkt

March 23: Porsche India is eyeing an entry into the pre-owned luxury car segment.

Airfares in India among ’lowest’ globally: Sinha

March 23: India has one of the lowest and “most competitive” airfares in the world despite high cost of planes and fuel, Union Minister Jayant Sinha said on Wednesday.

’GST will reduce commodity prices’

March 23: Finance Minister Arun Jaitley on Wednesday said the Goods and Services Tax (GST)

Sensex recovers 147 points in early trade

March 23: The benchmark BSE Sensex recovered over 147 points in early trade on fresh buying by investors in blue-chip stocks amid a firm trend in Asia.

Govt may table 4 GST bills in Parliament today: Minister

March 23: The government may table four GST supplementary legislations in Parliament today, a union minister said.

Sensex plunges 222 pts in early trade on global cues

The benchmark BSE Sensex declined further by about 222 points to 29,263.74 and the NSE Nifty slipped below the 9,100-mark in early trade today .........

Aricent, Nasscom Foundation launch ’ARISE’

Aricent, a CSR initiative of Aricent Technologies, and Nasscom Foundation have jointly announced the launch of their Aricent Skills for ...............

Honda Cars to hike prices by up to Rs 10k from April

Honda Cars India (HCIL) has announced that it is planning to hike prices of its models by up to Rs 10,000 with effect from April 2017.............

Revenue dept turns down Apple’s tax incentive demand

In a setback to US-based iPhone-maker Apple’s India dream, the government has said no to the tax concessions demanded by the company...........


Cabinet clears GST supplementary legislations

The Cabinet today cleared four supporting GST legislations, paving the way for their introduction in Parliament as early as today..........

Cabinet may tomorrow consider GST supplementary legislations

March 20: The Cabinet may tomorrow take up for approval the supporting GST legislations, which will then be introduced in Parliament as the government sprints

Ambani pitches for ’Keep in India’

March 20: Reliance Industries chairman Mukesh Ambani has pitched for an addition to the to-do list of the Modi government by requesting for an initiative

CL Educate raises Rs 72 cr via anchor allotment

March 20: CL Educate, a diversified and integrated technology-enabled provider of education products, services, content and infrastructure

Cabinet nod for merger of BMB with SBI likely in 3 months

March 20: The government is expected to give final approval to the merger of Bharatiya Mahila Bank with the country’s largest lender SBI within three months.

Adani hopes to start Austalian coal mine project by August

March 20: Adani Group Chairman Gautam Adani, whose USD 22 billion Carmichael coal mine and port cum railhead project in Queensland is being opposed by some people

Vodafone India ties up with Amazon Prime Video

March 20: Telecom service provider Vodafone today said it has partnered with Amazon Prime Video India to enable its customers access large selection of Bollywood

House panel demands new method to guage economy

March 20: Since computing economic growth numbers with 2011-12 as the base year has raised more questions than answers

ONGC to buy out GSPC’s KG block stake for $1.2 b

March 20: State-owned Oil and Natural Gas Corporation (ONGC) has signed definitive agreements to buy out debt-ridden GSPC’s entire 80% stake in KG-basin natural gas

40 pilots resign from Air Costa

March 20: Embattled Air Costa has seen an exodus of employees, including 40 pilots, in the last few weeks over non-payment of salaries.

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