Corporate news, Latest Indian corporate industry news and world corporate industry news
Corporate
Govt offers tax concessions to Apple to expand production

Apple Inc wants to expand its contract manufacturer's facility in the Indian tech hub of Bengaluru, Ravi Shankar Prasad, the union minister for Electronics and IT, said on Tuesday, as the iPhone maker seeks a bigger share in one of the world's biggest smartphone markets.

 
 
Premji Invest is a minority shareholder in Snapdeal, and had invested in the e-commerce company in May 2014.
One97 Communications Pvt Ltd, the holding company of Paytm will invest Rs 400 crore initially into the bank.
The company also reported capacity increase by 16 per cent in FY17 as compared to FY16.
Adani wanted the Queensland government to delay the start of royalty obligations on the coal mine it hopes to build in Queensland's Galilee Basin, media reports said.
State-run Bank of Baroda today reported a profit after tax of Rs 155 crore in the quarter ended March, led by healthy business growth.
 
 
In a letter to shareholders, Sikka said the company will leverage its full potential to shape employment opportunities at a time of global anxiety for jobs.
One of the leading investment bankers in India, Agrawal will join Tata Sons with effect from July 2017, the company said.
The job cuts are the first step in a three-year reorganisation plan announced this year by Hong Kong's flagship carrier.
Advertisement