Business Today

Reliance Industries' deal with Aramco: Mukesh Ambani wants chemicals to dominate Jamnagar refinery output

RIL wants to convert 70 per cent of its output from Jamnagar refinery and petrochemical complex to chemicals. At present, the complex produces 90 per cent fuels - primarily petrol, diesel, naphtha, kerosene and Liquefied Petroleum Gas (LPG) - and the rest 10 per cent chemicals

No GST returns, no E-way bills! Centre to crack down on non-filers

While a decision in this regard was taken by the GST Council in April, the reason for the 'extreme' step could be to check leakages of taxes. Non-filing of returns is still high and the tax department thinks this is a major cause for falling GST collections

SBI cuts India's GDP growth forecast to 4.2% for Q2, 5% for FY20

The SBI report has also cut GDP forecast for FY20 to 5 per cent from 6.1 per cent earlier, but expects growth rate to pick up pace in FY21 to 6.2 per cent

Infosys CEO Parekh spent Rs 22 lakh on personal travel: whistleblower

The whistleblower, who claims to be working in the finance department of the company, didn't reveal his identity because, he said, he could face "retaliation" after these disclosures

Bonanza for Huawei employees! Chinese telecom giant announces $285 mn bonus for coping with US sanctions

The cash rewards will likely go to research and development teams and those working to shift the company's supply chains away from the United States, says Huawei's human resources department

 
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