Business Today

Air India freezes promotions, new appointments amid stake sale preparations

For the disinvestment process, the books of accounts of Air India till July 15, have been closed and those financials would be used while seeking bids

Kotak Mahindra mutual fund exposure in DHFL at Rs 140 crore

In absolute terms, the total exposure is Rs 140 crore in two funds. In the first case, it is Rs 40 crore out of a fund size of Rs 5,500 crore, and Rs 100 crore in another fund of Rs 4,000 crore

Inflation in India to fall with stronger rupee, lower GDP forecast, says ADB

The ADB has lowered India's GDP growth forecast for the ongoing financial year to 7 per cent. Despite the forecast, India remains the fastest-growing country in the South Asia region

Bharti Airtel to seek shareholders' nod for waiver of recovery of excess pay to Sunil Mittal

According to a regulatory filing, Mittal's remuneration in 2018-19 was Rs 21.19 crore more than the ceiling of 11per cent of the company's net profit. Vittal was paid Rs 8.87 crore in excess of that limit in the last fiscal

GST Council to decide on lowering rates for EVs next week

The 36th meeting of the Council, which will happen through video conferencing, is also likely to decide the valuation of goods and services in solar power generating systems and wind turbine projects for the purposes of levying GST

 
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From The Magazine

Dream On Budget

Finance Minister Nirmala Sitharamans Budget is long on promises but short on ideas about fulfilling them