New Delhi, Dec 04 :
The Income Tax Department is examining the taxation issues with regard to payments made by Walmart Inc to various shareholders of Flipkart following the acquisition of the e-commerce firm, a senior finance ministry official said...
New Delhi, Dec 04 :
With the telecom sector bleeding under falling tariffs, eroding profitability, and mounting debt in the face of stiff competition triggered by below-the-cost tariffs and disruptive offerings of Reliance Jio, state operator MTNL has for the...
NEW Delhi, Dec 03 :
Hindustan Unilever Ltd will merge with GSK’s healthcare business in India. This was announced in New Delhi on Monday. The merged entity will be worth Rs 31,700 crore.
The merger will include all operations within GSK...
Mumbai, Dec 3 :
The benchmark BSE Sensex opened over 200 points higher on Monday following euphoria in other Asian stocks after US President Donald Trump and his Chinese counterpart Xi Jinping agreed to a truce and halted their tariff...
New Delhi, Dec 03 :
The country's manufacturing sector activity improved in November and touched an 11-month high as new order flows encouraged companies to lift production amid strong demand conditions, a monthly survey said Monday. The Nikkei India Manufacturing...
NEW Delhi, Dec 03 :
Rating agency ICRA on Monday revised downwards its growth forecast for domestic passenger vehicles sales to 7-8 per cent for the ongoing fiscal, citing sluggish customer sentiments due to high fuel prices and rising interest...
NEW Delhi, Dec 03 :
The Government expects to mop up about Rs 9,000 crore by selling off land and real estate properties of debt laden Air India, an official said on Monday.
The sale of land, building and other realty...
NEW Delhi, Dec 03 :
Sensex ended with a marginal gain of 47 points at 36,241; Nifty edged up by 7 points to 10,883.75
Equity benchmarks continued their rising streak for the sixth straight session on Monday despite headwinds in form...
NEW Delhi, Dec 03 :
Bringing relief to thermal power plants owned by Tata, Adani and Essar groups, the Gujarat government on Saturday passed an order to allow pass-through of higher cost of coal to end consumers, a source said....
New Delhi, Dec 03 :
Global rating agency Moody's gave a stable (Baa2) outlook to India’s banking system, driven by the ongoing progress on asset quality front and better operating environment. The stable outlook is based on Moody's assessment of...
