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PTI
December 11, 2017
The two Boeing 777-300 ER aircraft are to be delivered in January 2018 and the cost for "modification in its (planes) interior configuration" is estimated to be USD 180 million. At current exchange rates, the amount will translate to over Rs 1,160 crore.
PTI
New Delhi, December 10, 2017
After hiking cooking gas LPG price by Rs 76.5 in 19 installments in 17 months, national oil companies skipped the monthly revision in rates this month ahead of elections in Gujarat.
PTI
New Delhi, December 10, 2017
The Infosys' move to settle with Securities and Exchange Board of India (SEBI) the alleged disclosure lapses involving a severance pact is "perfectly fine", the company's former chief financial officer, T V Mohandas Pai, said today.
PTI
New Delhi, December 10, 2017
India Inc is promising better pay hikes of 10-15 per cent for the right talent in 2018 after a challenging year for the job market, stunned by post- demonetisation layoffs in traditional sectors like textiles and due to the advent of artificial intelligence in new-age ones.
PTI
New Delhi, December 10, 2017
A gravity-defying bitcoin rally to over Rs 10 lakh a piece, interspersed with 'stories' of people making crores from thousands, has left the regulators flummoxed amid fears that a complete lack of regulatory regime for such cryptocurrencies may give rise to 'e-ponzi' scams.
PTI
New Delhi, December 10, 2017
After slashing the GST rates of over 200 items last month, the government on Saturday hinted at reviewing levies on the items in the top 28 per cent tax bracket.
PTI
New Delhi, December 10, 2017
Finance Minister Arun Jaitley termed the Congress party's Gujarat poll manifesto as 'constitutionally and financially impossible' and said the promises like quota to Patidar and farm loan waiver can never be fulfilled.
PTI
New Delhi, December 10, 2017
Post the merger of its five associates, State Bank of India has changed names and IFSC codes of nearly 1,300 of its branches.
PTI
New Delhi, December 9, 2017
During the investigation, the agency said, it was noticed that Amin and his family members, through their company Whitefield Chemtech Pvt Ltd India, had "invested an amount of USD 1.6 million for purchase of a 3BHK apartment in Campden Hill, UK".
PTI
December 9, 2017
Without disclosing the name of the company, Gadkari today said one of the companies has said it "on an affidavit" that it alone will invest Rs 6,000 crore and create employment for 40,000 people.
PTI
New Delhi, December 9, 2017
Union Finance Minister Arun Jaitley has said the Indian economy is set for a higher growth trajectory on the back of a slew of structural reforms.
PTI
December 9, 2017
He said methanol gets made from coal and costs only Rs 22 per litre as against the prevailing price of about Rs 80 per litre for petrol and added that China is making the coal byproduct for Rs 17 per litre itself.
PTI
New Delhi, December 9, 2017
The net direct tax collections represent 49 per cent of the total Budget Estimates of direct taxes for 2017-18 (Rs 9.8 lakh crore). The gross collections have increased by 10.7 per cent to Rs 5.82 lakh crore during April-November, 2017.
PTI
December 9, 2017
Telecom major Vodafone India has introduced free roaming benefit on its `super plan' for prepaid customers in Madhya Pradesh and Chhattisgarh.
PTI
December 9, 2017
Former Infosys CFO V Balakrishnan sought the discontinuance of certain board members in light of the company filing a settlement plea with SEBI on corporate governance lapses relating to severance payment to its former CFO Rajiv Bansal.
PTI
New Delhi, December 9, 2017
Uber confirmed the filing which says a settlement has been reached between all defendants and Uber expects the case to be dismissed in January. Terms of the settlement were, however, not disclosed.
PTI
December 9, 2017
The Bengaluru-headquartered lender has cut the overnight, 1-month and 3-month MCLR by 0.05 per cent each to 7.95, 8 and 8.05 per cent. The new MCLR rate will take effect from December 10, Syndicate Bank said in a statement today.
PTI
December 9, 2017
Hambantota International Port Group (HIPG) and Hambantota International Port Services (HIPS), managed by the China Merchants Port Holdings Company (CMPort), and the Sri Lanka Ports Authority will own the port and the investment zone around it.
PTI
New Delhi, December 7, 2017
Apart from IITs, Samsung will also be hiring talent from premier institutes like Delhi College of Engineering, BITS Pilani, Manipal Institute of Technology and IIITs among others.
PTI
December 6, 2017
The industry bodies suggested lowering the corporate tax to 18-25 per cent, from up to 30 per cent at present. The exporters, who are grappling with blockage of working capital, pressed for exemption from tax on export income or lower levies on forex earnings and faster clearance of GST refunds.
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