Business
Jet Airways says Meeting All Payment Obligations to Lenders
Jet, which is part-owned by Qatar's Etihad Airways, was due to report quarterly earnings on Thursday but said in stock exchange filings that its audit committee had not signed off on them "pending closure of certain matters".
Indian Firm Pulls Out Heart Drug From US Amid Cancer Risk Probes
“Test results from Hetero Labs show the amount of NDMA found in its valsartan active pharmaceutical ingredient (API) exceeds acceptable levels; although it is generally lower than the amount discovered in the API manufactured by Zhejiang,” the FDA said.
Modi Govt Plans to Follow UPA’s Air India Bailout Formula; Turnaround Plans on Hold?
A bailout package for AI does not show any serious application of mind to devising a long term strategy for the airline. This sort of piecemeal approach is unlikely to solve the AI conundrum.
HDFC Asset Management Company to Make Stock Market Debut Tomorrow
HDFC AMC operates as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments.
FPI's Net Inflow at 2,300 Crore in July
According to the latest depository data, foreign portfolio investors (FPIs) pumped in a net sum of Rs 2,264 crore in equities in July and Rs 48 crore in the debt market, taking the total net investments to Rs 2,312.
CCI Seeks DIPP Views on Discount Norms for E-commerce Marketplace Platforms Having FDI
As per the current guidelines, domestic e-commerce marketplace platforms having FDI can not directly or indirectly influence the prices.
CAIT to Launch Stir Against Walmart-Flipkart Deal
CAIT demanded that the government scrap the deal and immediately formulate a policy on e-commerce as well as constitute a regulatory authority to monitor the sector.
Green Logistics Corridor, E-commerce to Boost Exports by 2022, Says Agriculture Minister
According to a WTO report in 2017, India is the 10th largest exporter of agricultural products in the world with a share of 2.1 per cent.
IRF Urges Political Parties to Come Together for Early Passage of Motor Bill in Rajya Sabha
The Bill which has already been passed by the Lok Sabha was introduced in the Upper House in April 2017 but was referred to a select panel.
Sanitary Napkins, Footwear, Fridge, 85 More Items Likely to Get Cheaper from Today
The GST Council, chaired by Union Finance Minister Piyush Goyal, last week pruned the highest 28 per cent tax slab by moving some white goods to the 18 per cent tax bracket.
Walmart Makes Uttar Pradesh Its Priority, to Open 6 More Stores Soon
Walmart also plans to set up its 'Best Price' stores at various locations in Uttar Pradesh, including Kanpur, Moradabad, Varanasi, Gorakhpur, Sharanpur, Lucknow and Ghaziabad.
Govt Open to Further Review of GST Rates, Says Rajnath Singh
The Goods and Services Tax Council, in its 28th meeting on Saturday, approved rate reductions for 88 consumer-centric items such as cosmetics, refrigerators, washing machines, and small screen televisions, and cleared the widely demanded exemption on sani...
Former Owner Loses Rs 1,323-cr Arbitration Against Spicejet; But Gets Rs 571 cr Refund
The Delhi-based low-cost carrier has informed the exchanges that on July 20, an arbitration tribunal rejected Maran's claim of damages of Rs 1,323 crore for not issuing convertible warrants and preference shares to him and Kal Airways.
GST Rate Cut Makes a Good Case for Frequent Elections, Says Chidambaram
When the GST council reduced the number of items attracting the top 28 per cent tax rate to just 50 from 228 in November2017, Chidambaram had said the decision had been taken to further the chances of the BJP in Gujarat where the election was due then.
HDFC Bank Posts 18.2% Rise in Net Profit in First Quarter
The private sector lender had registered a net profit of Rs 3,893.84 crore in the corresponding period of the previous fiscal 2017-18.
Jewellery Ad Featuring Amitabh Bachchan, Daughter Draws Ire of Bank Union
All India Bank Officers' Confederation, an organisation claiming to have membership of around 3,20,000 officers, on Wedensday threatened to sue Kalyan Jewellers accusing it of "casting aspersion and hurting the sentiments of millions of personnel" through...