Business

Volvo’s first performance car in India, S60 Polestar, launched at Rs 52.5 lakh.

Volvo Auto India launched its performance brand Polestar in India on Friday, with a sports........

Demonetisation: Rs 10K cr undisclosed income detected, plans 60,000 tax notices.

After the demonetisation exercise threw up less than ₹10,000 crore in black money, the Narendra Modi government is set to tighten the noose on tax evaders and ask over 60,000 people to ............

Flying overseas from India becomes cheaper as airfares fall

April 14: Flying on overseas destinations such as London, Singapore, Sydney, Kuala Lumpur from India became cheaper this summer with airfares going down up to 28 per cent amid capacity addition on international routes.

Prez gives assent to GST laws; task cut out for states

April 14: With President Pranab Mukherjee giving his assent to four Goods and Services Tax (GST) enabling bills, the states now have to quicken the passage of their respective legislations.

DIPP releases reform ranking parameters

April 14: The Department of Industrial Policy and Promotion (DIPP) and World Bank (WB) on Thursday released 405 business process reforms, on the basis of which states will be ranked this year.

Infy results impacts market despite share buyback

April 14: Even after Infosys announced plans to return Rs 13,000 crore from its cash pile to shareholders

Venkatesan named Infy co-chairman

April 14: Infosys on Friday announced the elevation of independent director Ravi Venkatesan as co-chairman.

 PM may chair Niti Aayog meet on Apr 23

April 14: Prime Minister Narendra Modi is likely to call a meeting of the Governing Council of Niti Aayog on April 23 to approve a three-year action plan that will take effect from April 1.

Sensex, Nifty fall as Infosys outlook disappoints investors.

Indian shares fell on Thursday, dragged by technology stocks, after Infosys Ltd’s revenue outlook and plan to return cash to shareholders fell short of expectations, raising concerns...........

GST bills get President’s assent, decks clear for new tax regime from July 1.

Decks are clear now for the roll-out of Goods and Services Tax from July 1 with the President Pranab Mukherjee giving his assent to four key legislations...........

Infosys to return up to $2 billion to shareholders; appoints co-chairman.

Infosys Ltd, India’s second-biggest software services exporter, said on Thursday it would return up to $2 billion to shareholders, yielding to pressure for a share buyback from a group...........

Infosys Q4 profit beats estimates on key client wins.

Infosys Ltd, India’s second-biggest software services exporter, reported a slightly higher-than-expected fourth-quarter profit as the company added more clients in the $100 million-plus category............

Have you ever chatted with a robot? You may have done so in the financial world.

Banking, insurance and broking industries have started rolling out chatbots for consumer services and transactions. However, not all chat windows have a chatbot behind them............

No self-certification? Accounts used for overseas transactions to be blocked.

Bank accounts used for transfer of funds to and from other nations will have to provide additional details of transactions and identity by April 30 or get blocked, the income tax department........

Trump’s message to bankers: Wall Street reform rules may be eliminated.

President Donald Trump told a group of chief executives on Tuesday that his administration was revamping the Wall Street reform law known as Dodd-Frank and might eliminate the rules and............

EPFO should provide unemployment insurance, gratuity, House panel says.

A Parliamentary panel has recommended amendments in social security schemes run by retirement fund body EPFO to include unemployment insurance and gratuity benefits..................

Petrol, diesel prices to change every day from May 1, trial run in five cities.

Come May 1, petrol and diesel prices will change every day in sync with international rates, much like it happens in most advanced markets...........

Oil eases from five-week high, U.S. output rise undermines rally.

Crude oil edged back from a five-week high on Tuesday, as rising U.S. shale oil production weighed against a support from tensions in the Middle East...........

Tata Power, Adani Power slump as Supreme Court sets aside tribunal order.

The Supreme Court on Tuesday set aside an order by the Appellate Tribunal For Electricity allowing compensatory tariff to Tata Power Ltd and Adani Power Ltd,..................

Tesla becomes most valuable US car maker, edges out General Motors.

For the first time in the era of the modern automobile, the most valuable US car maker is not based in Detroit.................

Sensex, Nifty in green as markets make a slow start, CPI data in focus.

Stocks held out hope on Tuesday as the flagship Sensex made a tepid recovery ahead of release of key macroeconomic data and start of March quarter earnings season .............

Flipkart to use funds to grow profits, shave off burn.

Flipkart board member and investor, Subrata Mitra, on Tuesday said money raised through the latest round of funding will.......................

PepsiCo, Coca Cola restrained from drawing water from Tamil Nadu river.

Softdrinks majors PepsiCo and Coca Cola were on Monday restrained by officials from drawing water from Tamirabharani River in the district till April 30 for their bottling plants.................

Indian, Bangladeshi companies sign pacts worth more than $9 billion.

Companies from India and Bangladesh signed on Monday pacts worth over $9 billion aimed at deepening partnership in various.............

Ajit Kumar Srivastava, Shabri Bhattasali named new CBDT members.

Senior bureaucrats Ajit Kumar Srivastava and Shabri Bhattasali were today appointed members of Central Board of Direct Taxes (CBDT), the apex policy making body of the Income Tax department................

NTPC, Adani, RPower, Petronet sign pacts for projects in Bangladesh.

Indian energy firms including NTPC, Adani Power, Reliance Power and Petronet LNG, on Monday signed pacts for multi-billion dollar projects in Bangladesh as the two neighbours...............

Global politics hit emerging stocks, currencies.

Tensions around the Middle East and the Korean peninsula weighed on emerging markets on Monday, with stocks extending losses for a third day and ..........

Capgemini to buy acquire North American operations of Ciber Inc for $50 mln.

Information technology company Ciber Inc said on Monday that it and some of its U.S. units...........

What’s streaming? Netflix, Amazon tune into India with ₹2,000-cr war chests each.

US-based video streaming platforms and arch rivals Netflix and Amazon have extended their battle to the Indian market, where they have set aside Rs 2,000 crore each for acquiring content to attract.........

DRDO ropes in Patanjali to market herbal products.

The Defence Research and Development Organisation (DRDO) and Patanjali Ayurved Limited promoted by yoga guru Ramdev, have decided to sign a memorandum of understanding (MoU) to market array ...........

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