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PTI
July 22, 2018
The company had reported a consolidated net profit of Rs 230.85 crore in the quarter ended on June 30, 2017.


BusinessToday.In
New Delhi, July 18, 2018
India may not invite punitive sanctions from the US for its oil dealings with Iran and defence deals with Russia; Directorate General of Trade Remedies has recommended 25% safeguard duty on imported solar cells for 2 years and the trade war between US and China could go up to penal import tariffs on up to $500 billion worth of goods. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
July 17, 2018
Despite vociferous protests from solar developers, the Directorate General of Trade Restrictions (DGTR) has finally recommended that a 25 per cent safeguard duty should be imposed on imports of solar cells and modules from China and Malaysia for the first year.


PB Jayakumar
New Delhi, July 12, 2018
India's target is to achieve 175 gigawatt (GW) of renewable energy by 2022 and rooftop applications are supposed to contribute 40 GW of the total 100 GW of targeted solar capacity.


BusinessToday.In
New Delhi, July 12, 2018
India overtakes France as the sixth biggest economy in the world; 2,000 MW Solar Energy Corporation of India wind auction goes undersubscribed and Finance Ministry has proposed relaxing an RBI directive that mandated global payment firms to store Indian customer data within the country. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


PB Jayakumar
New Delhi, July 5, 2018
The state government hopes that various stakeholders, including banks, project developers and procurers will compromise on their part to revive these plants, which ran into losses.


BusinessToday.In
June 26, 2018
After the inaugural statement, the Prime Minister met several business leaders for a discussion on issues such as economic growth, infrastructure development, policy initiatives, investment, innovation and job creation. AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond.


BusinessToday.In
June 26, 2018
The PNB's internal probe has revealed that its former official Gokulnath Shetty cleared over 13,000 transactions of Rs 1 crore which was well beyond his authorised limit of Rs 25 lakh. Shetty's name had first cropped up when the PNB in February announced that it had detected fraudulent transactions at its Brady House Branch in Mumbai.


BusinessToday.In
June 26, 2018
The request has been made on the basis of a recent chargesheet filed by the ED against Nirav Modi and his family under the Prevention of Money Laundering Act.


BusinessToday.In
New Delhi, June 22, 2018
I-T dept assures prompt action in Panama Papers 2.0; up until 2030, India will be the only economy in the world that will not see higher wages and Union Minister R K Singh has said the government will bring single solar power bid of 1 lakh MW. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


Dipak Mondal
New Delhi, June 22, 2018
With contradictory verdicts from Authority for Advanced Rulings (AAR) under the GST regime increasing the confusion among tax payers, the government is likely to constitute a centralised AAR for taxpayers who have five or more registrations.


www.businesstoday.in
June 20, 2018
The power ministry has increased renewable purchase obligation target from 17% to 22% by 2022; the government may freeze its plan to sell Air India at least until the General Elections in 2019; over 400 employees of Washington Post signed an open letter to Amazon founder and CEO Jeff Bezos demanding fair wages. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


Reuters
June 20, 2018
General Electric, an original member of the Dow when it was formed by Charles Dow in 1896 and a continuous member since 1907, will be replaced in the 30-component stock average by drug store chain Walgreens Boots Alliance Inc.


BusinessToday.In
June 19, 2018
The stock which opened with a gain of 20% at 1,058.60 level hit an intra day low of 990 level on BSE.


BusinessToday.in
New Delhi, June 18, 2018
WhatsApp Payments coming soonWhatsApp has been testing its Payments service extensively in India. The company has made special provisions with the Indian Government and various banks to make the transactions as seamless as possible. According to a report by PTI, around 1 million people are testing the new service in India. WhatsApp Payments has been in the testing phase for a few months now. The report suggests that the Payments service will begin in the next few weeks. \"Today, almost one million people are testing WhatsApp payments in India. The feedback has been very positive, and people enjoy the convenience of sending money as simple and securely as sending messages,\" a WhatsApp spokesperson told PTI. The spokesperson goes on to say that the company is working closely with the National Payments Corporation of India and multiple banks to increase the number of digital transactions in India.Oppo Realme 1 gets a new 4GB RAM 64GB storage variantOppo Realme 1 was launched last month. For a new sub-brand, the company made quite the entrance. The main reason behind that was the price to specifications ratio that the phone is offering. Now, the company has added to the variants by introducing a new 4GB RAM version of the phone. The new variant will go on its first sale in India today. The device is priced at Rs 10,990 and will feature 64GB of internal storage. The phone is exclusively available on Amazon India. Realme is also selling two other variants, one with 3GB RAM  and 32GB storage that is priced at Rs 8,990 and another with 6GB RAM and 128GB storage at Rs 13,990. All three variants are available in Silver, Diamond Black and Solar Red colours.Samsung foldable phone spotted, but after cancellationSamsung's foldable phone under project valley was spotted by folks at Slashleaks. The South Korean tech giant started working on the device back in 2015. The phone had specifications similar to the Galaxy S6. On the design front, it looked like two smartphones ploncked together, which are attached by a hinge. We expect Samsung to launch a more refined version of the device by the end of next year.


Goutam Das
New Delhi, June 18, 2018
Post-GST, companies have been demanding better quality warehouses and larger ones. They want office space, amenities, safety and security.


BusinessToday.In
New Delhi, June 18, 2018
For a new sub-brand,the company made quite the entrance. The main reason behind that was the priceto specifications ratio that the phone is offering.


PTI
June 17, 2018
Hoping to overcome the villagers' resistance, the National High Speed Rail Corporation Limited, the nodal body to implement the project, has tweaked its strategy to ensure that the Mumbai-Ahmedabad bullet train is on track for a 2022 launch and is agreeing to many of the conditions.


Virendrasingh Ghunawat
June 16, 2018
The Directorate of Revenue Intelligence is once again examining all crucial findings in 14,000 pages of Prosecution Complaint filed by the Enforcement Directorate against Nirav Modi and others.


Ajita Shashidhar
New Delhi, June 15, 2018
In the past one year while competition has grown in strength, the Patanjali growth story has crumbled like a pack of cards.


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