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- Monday 22 Jul 2019
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GST Council to decide on tax cut on EVs this week
New Delhi: The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on July 25 and decide on lowering tax rates for electric vehicles, officials said. The…
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Private insurance firms got Rs 46 crore premium in two years, paid Rs 7 crore in claims to railway passengers, reveals RTI
New Delhi: Private insurance companies received a premium of around Rs 46 crore in the last two years from Indian Railways and its passengers while making a payout…
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LIC offers Rs 1.25 lakh crore line of credit by 2024 to fund highway projects: Gadkari
New Delhi: As part of innovative modes of financing to meet India’s huge infrastructure appetite, insurance giant LIC has agreed to offer Rs 1.25 lakh crore line of credit…
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Govt sweetens deal to attract bidders for Pawan Hans
New Delhi: Having failed to privatise Pawan Hans last fiscal, the government has significantly diluted the terms of sale pertaining to employee retrenchment, asset sale and tax liability…
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Tata Motors MD draws over 2-times more salary than M&M’s in FY19
New Delhi: Homegrown auto majors Tata Motors and Mahindra & Mahindra are close rivals in the automotive market but when it comes to remuneration of their top honchos,…
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Earnings to drive markets this week; indices may see volatility: analysts
New Delhi: Quarterly earnings from frontline companies such as HUL, Maruti Suzuki and Kotak Mahindra Bank would set the trend for equity markets this week which is likely to…
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FPIs withdraw Rs 7,712 cr from stocks in July so far
New Delhi: Foreign portfolio investors pulled out around Rs 7,712 crore from Indian equities in this month so far following the ‘super-rich’ tax announced in the budget for…
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IndiGo to seek shareholders’ nod for board expansion
New Delhi: No-frills carrier IndiGo said Saturday it will seek shareholders’ approval at the upcoming annual general meeting for expanding its board so that an independent woman director…
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Transition to E-vehicles may take longer than 2030: TERI chief
Electric vehicles could be a better alternative to fuel-based automobiles to mitigate air pollution, but the government’s target to switch to e-vehicles in next 10 years is hard…
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IndiGo to seek shareholders’ nod for board expansion
New Delhi: No-frills carrier IndiGo said Saturday it will seek shareholders’ approval at the upcoming annual general meeting for expanding its board so that an independent woman director…
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IL&FS probe: Audit flags ‘favours, pressure and threats’ among tactics used for good ratings
New Delhi: A forensic audit of credit ratings obtained by crisis-hit Infrastructure Leasing and Financial Services (IL&FS) group entities under the erstwhile management has flagged widespread irregularities, including…
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Mukesh Ambani keeps salary capped at Rs 15 cr for 11th yr in a row
New Delhi: Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the…
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IndiGo quarterly profit soars to Rs 1,203 cr; higher passenger revenues
New Delhi: Fuelled by higher passenger revenues, InterGlobe Aviation on Friday posted its highest-ever quarterly profit of Rs 1,203.14 crore for the three months ended June and asserted…
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Shaktikanta Das meets PSB heads, reiterates call for faster transmission
Mumbai: Reserve Bank governor Shaktikanta Das on Friday met the heads of public sector banks and reiterated his concerns over the “less-than-desired-level” of policy rate transmission by lenders….
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Air India to launch Delhi-Toronto direct flight on September 27
India’s national carrier Air India will launch the Delhi-Toronto direct flight on the occasion of the World Tourism Day on September 27 despite facing the threat of privatisation…
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Reliance Jio pips Airtel to become India’s 2nd largest mobile operator in May: TRAI
New Delhi: Reliance Jio, the newest entrant in the telecom sector, has piped Bharti Airtel to become the second-largest mobile operator with 32.29 crore subscribers and 27.80 per…
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World bank ‘drops’ $300 million Amaravati project
Amaravati: In a jolt to the Andhra Pradesh government, the World Bank has “dropped” out of the Amaravati Sustainable Infrastructure and Institutional Development Project, pushing the state capital…
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Hotstar leads entertainment app installations, Jio in live TV: Study
New Delhi: Video streaming platform Hotstar leads the over-the-top entertainment app segment with 49 per cent share in terms of smartphone installations, while Jio’s Live Tv leads the…
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Modi govt focused on accelerated growth led by pvt sector: NITI Aayog Vice Chairman
New York: The focus of the second term of the Narendra Modi government is accelerated economic growth led by the private sector and private enterprise, according to NITI…
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Reliance Brands completes acquisition of Hamleys
New Delhi: Reliance Brands, a subsidiary of Reliance Industries, has completed acquisition of British toy retailer Hamleys for GBP 67.96 million (about Rs 620 crore) in an all-cash…
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London: The voting closes Monday in the contest to become Britain's next prime minister, with Boris Johnson expected to be confirmed as the winner cha....
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Mumbai: "Mard Ko Dard Nahin Hota" actor Abhimanyu Dassani is set to star in action entertainer "Nikamma" with social media sensation Shirley Setia, th....
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Bajpe: The news of wall and land slide at Mangaluru International Airport has been negated by the director's office at the airport. Clarifying thro....
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Mangaluru: An associate professor in a private dental college at Deralakatte near here was found dead under suspicious circumstances with the incident....
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British Airways said it had suspended flights to Cairo for seven days as a precautionary measure following a security review. German carrier Luftha....
