Consumer durable makers expect a double-digit growth in sales this festive season despite a hike in customs duty as most of them have chosen to absorb the impact and not to pass it on to consumers.

The company said that the import duty hikes will push up costs in India and could hamper business sentiment.

Voltas and Arcelik, a part of Koç Holding, the largest industrial conglomerate in Turkey, have formed a 50:50 joint venture, Voltbek Home Appliances Pvt Ltd, and will reportedly invest Rs 1,000 crore in it over the next four-five years.

With around 93 per cent of the registered taxpayers set to benefit from the GST Council's decision to allow quarterly return filing for businesses with turnover of up to Rs 5 crore, India Inc not only foresees increased compliance but also improved ease of doing business.

Available to customers in Bengaluru, Mumbai, New Delhi and Hyderabad, the service can be available anytime between 6 am to midnight, where consumers can order as late as 10 pm for midnight delivery.

The BJP government announced a slew of schemes after it assumed power in 2014 winning 336 Lok Sabha seats out of 543 seats. Work under most of these schemes is still under progress an year ahead of General Election 2019.

This new sale will be the e-commerce giant first big sale after the Walmart acquisition was announced which will give the Americal retail giant a 77 per cent share in the Indian company.

A new breed of marketing and distribution companies is using tech to connect brands with villages.

We bring you the best of futuristic vehicles on display at the Auto Expo.

Rentomojo has changed the ownership dynamics for young people on the move

It's summer time and annual sales on e-commerce website are making a comeback to the delight of consumers across the country.

The crux of the issue is whether we should continue to uphold globalisation for trade and investment. The answer is obvious. China and its close neighbour India, have both benefited from globalisation.

At 1338 hours, the Lloyd stock fell 18.73 per cent  or 61.40 points on the BSE. The stock opened at Rs 329 level and hit and intra-day low of Rs 262.30 on the BSE.