Business News

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Deadline to file I-T returns extended to 31st October

Easing the stress of many tax payers, the Finance Ministry extended the last date to file the Income Tax returns.

01 Sep 2017

India

Snapdeal's 3-day sale offers discounts of up to 70%

Indian e-commerce firm Snapdeal today announced a three-day long sale offering "double digit" discounts on consumer favourite categories like electronics, fashion, and home.

01 Sep 2017

Air India

Focus on regional connectivity pushes up airfares for bigger cities

Domestic flights between metros and big cities are set to go up a notch as the government looks to direct funding to air connectivity between smaller towns.

01 Sep 2017

India

Air India stake sale soon, hints Jaitley

Now that two parties have formally expressed interest in buying the national carrier Air India, FinMin Jaitley has hinted that an expeditious decision will soon be taken on its disinvestment.

01 Sep 2017

India

Stock trading till 7.30 pm? Bourses mull, SEBI on board

According to reports, Indian bourses are mulling on extending the stock trading hours by 2-4 hours.

01 Sep 2017

India

WhatsApp for Business kick-starts with BookMyShow; Ola, Oyo will follow

WhatsApp in the bid to monetize its platform had launched, what it calls, "WhatsApp for Business" for certain select organizations.

01 Sep 2017

Solar Energy

Solar equipment norms made stringent to deter cheap Chinese imports

Reportedly, the center has now imposed stringent quality norms for solar equipment and components.

01 Sep 2017

India

Paytm looking to become a full-service bank through partnerships

Paytm's rise to prominence during the demonetization-phase fuelled its ambition to get into the banking business.

01 Sep 2017

India

Flipkart partners with global firms to push private labels

Indian home-grown e-commerce platform Flipkart, in a bid to push its private labels, has now decided to work closely with manufacturers in China, India and other Southeast Asian countries.

01 Sep 2017

Uber

Uber's new CEO Dara Khosrowshahi promises big changes

It looks like Uber's new CEO Dara Khosrowshahi is shaking things up for the better.

31 Aug 2017

India

GDP growth in April-June quarter slides to 5.7%

As per data, the growth of Indian economy slumped to a three-year low in the April-June quarter.

31 Aug 2017

India

Post-GST, fewer customers having to pay service charge

Looks like the government's awareness drive on the voluntariness of paying service charge at restaurants as well as the new GST regime are producing results.

31 Aug 2017

Bharti Airtel

Telcos are violating net neutrality, say content creators

Content firms have said that the demand for a revenue-sharing model by the telcos like Airtel, Telenor and Reliance Communications, was "unfair and unreasonable" and went against the foundations of net neutrality.

31 Aug 2017

India

Investigation: Over 800 'firms' located at two vacant Delhi addresses

The menace of shell companies is an undeniable reality in India. Last month, PM Narendra Modi announced over 37,000 such firms have already been detected, and registrations of one lakh others have been cancelled.

31 Aug 2017

Taiwan

JioPhone may get delivered in these places, first

If you have pre-booked a JioPhone, this news is going to go either way for you.

31 Aug 2017

India

Nifty 50: How does it actually work?

Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.

30 Aug 2017

India

Luxury cars/SUVs to cost more as govt okays cess hike

The Centre today approved a 10% hike in cess on luxury cars and SUVs - from 15% to 25%. This is in addition to sales tax.

30 Aug 2017

Iran

The rise of Iranian-Americans in the tech industry

The appointment of long time Expedia CEO Dara Khosrowshahi as the new Uber CEO underscores a larger phenomena happening in America for some time now - the rise of Iranian-Americans in the tech industry.

30 Aug 2017

India

GST collection in July exceeds target, more revenue expected

As per reports, in July i.e. the first month under the Goods and Services Tax (GST) regime, the government has raked a whopping Rs. 92,283 crore as revenue, exceeding the target that it had set for itself.

30 Aug 2017

India

1,000 rupee notes will not be re-introduced, says FinMin

Since there had been disequilibrium in the market after the introduction of Rs. 2,000 notes straight after Rs. 500, the center has recently introduced the new Rs. 200 notes.

30 Aug 2017

India

NTPC share-sale is expected to fetch govt Rs. 13,800 crore

Following Rs. 22,500 crore OFS in Coal India in 2014-15 and Rs. 15,200 crore IPO in 2010, the government will now conduct its third-biggest disinvestment deal.

29 Aug 2017

Paytm

BigBasket eyes $200 million investment from Paytm Mall, Alibaba

According to reports, online marketplace Paytm Mall and its principal investor Alibaba has extended the exclusivity period of their negotiations with online grocer BigBasket for two weeks.

29 Aug 2017

India

Tata Nano is perfect for Bangladesh, says Nitol Niloy's chairman

Tata Nano might have fizzled out in India but it's growing strong in Bangladesh.

29 Aug 2017

India

Future Group wants to expand brand presence in tier-II cities

Future Group plans on increasing the proliferation of its smaller format stores in tier II and III cities.

28 Aug 2017

India

Digital payments may get you 2% relief on GST

In order to promote Digital India and discourage cash payments, the center is now mulling on giving a 2% incentive over the applicable GST rate for payments made digitally on bills up to Rs. 2,000.

28 Aug 2017

India

New Rs. 1,000 notes to come with enhanced security features

The Rs. 1,000 note, which went out of circulation last November, is making a comeback in a new avatar.

28 Aug 2017

Uber

Uber chooses Expedia's Dara Khosrowshahi as its new CEO

Uber has, reportedly, chosen Expedia CEO Dara Khosrowshahi as its new chief executive.

28 Aug 2017

India

99% demonetized Rs. 1,000 notes returned to RBI

The RBI website announced that roughly 99% of the demonetized Rs. 1000 currency notes had returned into the banking system.

27 Aug 2017

India

Ask the Trivago guy how to turn bad publicity around

"Kya apne kabhi online hotel search kiya hai?" Maybe you don't spend much time on TV or YouTube, but if you have seen the Trivago ad once, you will remember it.

27 Aug 2017

Electric Vehicles

Tata Nano may stage a comeback, as an electric car

Tata Nano, which was released among much fanfare, has lost its steam over the years. Not only have the sales dwindled to an abysmal low, several allegations on the model have made it a tough sell.

27 Aug 2017

India

Infosys under Nilekani will adapt a 3-pronged strategy

If anything is evident from Nilekani's tweet - "Joined @Infosys at 26, re-joined it at 62." - it's the fact that Infosys is once again relying on its old guard to bring the much-needed order.

27 Aug 2017

Amazon

Amazon's acquisition of Whole Foods Market: What it means

Global e-retailing giant Amazon Inc. is all set to complete its acquisition of American supermarket chain Whole Foods Market Inc. on Monday.

25 Aug 2017

WeWork

Workspace start-up WeWork gets massive $4.4 billion from SoftBank

WeWork, the New York start-up which helped pioneer the concept of shared office spaces and associated services, has now won the vote of confidence from two huge investment groups along with hefty $4.4 billion investment.

25 Aug 2017

India

Will Vishal Sikka join HPE as CTO? Sources say yes

A week ago, Vishal Sikka resigned from the post of Infosys CEO and joined as executive vice chairman. Yesterday, he quit that too, stepping down with immediate effect.

25 Aug 2017

Google

Can Google lose trademark over its name? Perhaps, yes.

The US Supreme Court is currently mulling on whether Google should be allowed to retain the trademark on its name.

24 Aug 2017

India

PSB Consolidation: Cabinet gives nod to merge state-owned banks

Taking another step towards consolidation of public sector banks (PSBs), the Union Cabinet approved an "Alternative Mechanism" for constituting an inter-ministerial panel for overseeing the mergers of 21 state-run banks.

24 Aug 2017

iPhone

iPhone 8 to be unveiled on September 12?

If reports are to be believed, Apple could unveil its next iPhone at 9am on September 12. There's confirmation that it has scheduled a press conference on that day.

24 Aug 2017

India

Infosys appoints Nandan Nilekani as Chairman of the Board

According to reports, Nandan Nilekani has been appointed as the non-executive, non-independent director and the Chairman of the Board of Director with immediate effect.

24 Aug 2017

India

Battle for traffic: Mobile ad fraud rising alarmingly in India

Advertising fraud, especially on mobiles, is a huge global issue that costs marketers several billions of dollars.

23 Aug 2017

Bharti Airtel

Your phone bills might reduce even more!

Falling mobile bills are set to dip further, analysts say, with a 25-30% decline over the next year.