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General Motors teams up TCS for future vehicle engineering
Over 1,300 employees of GM Technical Center will transfer to TCS, including teams focused on propulsion systems, vehicle engineering, controls development, testing, creative design and special projects
Govt exempts cash payments above Rs 1 crore via AMPC from 2% TDS
The government had made the provision of levying 2 per cent TDS on cash withdrawals exceeding Rs 1 crore in the Union Budget to discourage cash transactions and move towards a less-cash economy
IL&FS puts 494 acre land parcels for sale
The Uday Kotak-led board of the IL&FS group, as part of the resolution process has initiated the sale of several group assets including education, waste management, technology, real estate and key international assets
RBI extends coverage of Bharat Bill Payment System
As per BBPS website, the facility would be expanded to include other types of repetitive payments like insurance premium, mutual funds, school fees, EMIs, and municipal taxes, among others
Mutual funds SIP collection rises 7.5% to Rs 8,231 crore in August
The total SIP contribution in the first five months of the current fiscal rose to Rs 41,098 crore as compared to Rs 36,760 crore in April-August 2018, as per the Association of Mutual Funds in India (AMFI)
Amid slowdown blues, Amazon is optimistic about Great Indian Festival sales
Amazon India has flagged off the Amazon Festive Yatra - a unique 'house-on-wheels' featuring a large variety of products available on Amazon India
Wholesale inflation remains unchanged in August, but it's just notional relief
The data released for August showed that Wholesale Price Food index rose to 5.75% in August from 4.54% in July. Food inflation shot up to 7.67% in August from 6.15% a month ago
GDP figures were worse than predicted, surprised us, says RBI Governor Shaktikanta Das
The signs of economic slowdown were visible as early as February, and the narrative was very clear, said Shaktikanta Das, adding that the RBI was looking at ways to improve its forecasting methods
Google to venture into India's job search market with Kormo
Google is planning to launch Kormo app at its annual Google for India event in New Delhi on September 20. Kormo will have to compete with established players such as Quess Corp and Tech Mahindra's Saral Rozgar
Restore normal life to Kashmir, SC directs Centre
India's top court said on Monday the federal government should restore normal life in Kashmir as soon as possible, as a partial shutdown of the disputed region entered its 42nd day.