India is the new poster-child for world markets due to its vast commercial potential for start-ups. Thanks to our resounding population of 1.4 billion, even niche products can have significant market potential. It all started in the 1990’s when...
The Maruti S-Presso is set to be launched on September 30 in an expected price range of Rs 3.9 lakh to Rs 5.4 lakh (ex-showroom). One of its key rivals will be the Renault Kwid, which is also due to launch in...
Mumbai: Indian police have opened a probe into the directors of Lakshmi Vilas Bank after a customer accused them of misappropriating funds, the bank said late on Thursday.
Indian financial services company Religare Finvest (RFL) has accused Lakshmi Vilas of...
The mid-size hatchback segment boasts of models such as the Maruti Swift, Hyundai Grand i10 Nios, Ford Figo and the Ford Freestyle. The Grand i10 Nios is the freshest model here and was recently launched in a price range of Rs...
New Delhi: The Reserve Bank has initiated Prompt Corrective Action (PCA) against Lakshmi Vilas Bank (LVB) due to high level of bad loans, lack of sufficient capital to manage risks and negative return on assets for two consecutive years,...
New Delhi: The government has issued a sanction to the CBI to prosecute former NITI Aayog CEO Sindhushree Kullar and others in connection with the FIPB clearance granted to INX Media, officials said.
Besides Khullar, the government has also sanctioned the...
New Delhi: The revenue department on Friday said the 2 per cent tax deduction at source (TDS) on cash withdrawals of over Rs 1 crore will come into effect from September 1.
The Central Board of Direct Taxes (CBDT) further...
New Delhi: Cash-strapped Bharat Sanchar Nigam Ltd (BSNL) is facing a challenge in crediting staff salaries for this month on August 30, a senior official admitted on Friday.
The official, who did not wish to be named, said that while the...
New Delhi: Amazon.com defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant’s website.
New e-commerce foreign investment rules that took effect in India from...
Renault has launched the Triber in India with prices starting from Rs 4.95 lakh to Rs 6.49 lakh (ex-showroom India). It might be a seven-seater that measures under four metre in length, but that puts it bang in the middle of...
