Business News

Flipkart, Amazon Issue Conflicting Claims Over Three-Day Sale

Business | Press Trust of India | Wednesday January 24, 2018

Amazon.in hosted its 'Great Indian Sale' between January 21-24, while Flipkart held its 'Republic Day Sale' from January 21-23.

IndiGo Owner InterGlobe Aviation Posts 56% Profit Growth In Third Quarter

Business | Thomson Reuters | Wednesday January 24, 2018

The October-December quarter is usually a strong period for airlines in the country due to multiple holidays falling during that time.

TCS Bags $690 Million Deal From Prudential Arm

Business | Indo-Asian News Service | Tuesday January 16, 2018

The 10-year deal envisages digital transformation of M&G business, TCS said.

GE To Take $6.2 Billion Hit From Insurance Portfolio

Business | Thomson Reuters | Tuesday January 16, 2018

Up to Friday's close, GE's stock had fallen 40.2 percent in the past 12 months.

One Day Left To Get Reliance Jio Cashback Of Up To Rs. 3,300. Details Here

Business | NDTV Profit Team | Sunday January 14, 2018

Jio is offering 100 percent cashback vouchers on every recharge of Rs. 398 or above.

World Bank Defends Ease Of Doing Business Index, Says Rating Based On Hard Data

Business | Press Trust of India | Sunday January 14, 2018

World Bank's chief economist had raised doubts over 'doing business' rankings of certain countries.

Oil Price Retreats From $70 Level After Hitting A Three-Year High

Business | Thomson Reuters | Friday January 12, 2018

Oil prices eased on Friday but remained on track to post a fourth straight week of gains.

All Railway Stations To Have Wi-Fi, Says Report

Business | Indo-Asian News Service | Sunday January 7, 2018

The national transporter has currently commissioned Wi-Fi services at 216 major stations.

Yoga Guru Ramdev's Patanjali Plans Massive Online Foray

Business | Press Trust of India | Sunday January 7, 2018

The Haridwar-based company is expected to enter into agreements this month with major online retailers.

Jindal Steel And Power Looks To Raise Rs 1,000 Crore

Business | Press Trust of India | Sunday January 7, 2018

The company also plans to raise up to Rs 2,000 crore by listing its Oman business.

Government To Infuse Rs 7,577 Crore In 6 Weak State-Run Banks

Business | Press Trust of India | Wednesday January 3, 2018

Finance Minister Arun Jaitley in October, 2017 had announced Rs 2.11 lakh crore plan to prop up Public Sector Banks.

Government Notifies 1% GST On Manufacturers Under Composition Scheme

Business | Press Trust of India | Wednesday January 3, 2018

Manufacturers who have opted for composition scheme will now have to pay 1 per centGST as against 2 per cent earlier.

NITI Aayog Says It's 'Unviable' To Support Air India

Business | Press Trust of India | Tuesday January 2, 2018

Air India has a debt of Rs 51,890 crore. The government has initiated a process for strategic disinvestment of Air India.

Question Of Single GST Rate Does Not Arise, Says Arun Jaitley

Business | Press Trust of India | Tuesday January 2, 2018

In India, food items have been placed in zero or the minimum slab while luxury items get taxed more.

Punjab National Bank Expects Resolution Of 4-5 Large NPA Accounts

Business | Press Trust of India | Tuesday January 2, 2018

RBI's deadline to resolve identified NPA cases with a loan exposure of about Rs 4 lakh crore by banks ended two days ago.