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Focussed on helping SMBs embrace e-payments: Amazon

8 hours ago

News / Times Of India/ Business

Amazon on Saturday said it has registered 5 million merchants through Amazon Pay - its payments unit - and that it remains focussed on helping more small and medium businesses (SMBs) in the country to embrace digital payments...

HDFC Bank quarterly, annual profit rise 18% on loan growth

8 hours ago

News / Times Of India/ Business

HDFC Bank on Saturday reported a net profit of Rs 8,176 crore for the quarter ended March 2021 – an increase of 18% over Rs 6,927 crore in the corresponding quarter last year. The profit for the entire year was also up 18% at Rs 31,116 crore compared to Rs 26,257 crore a year earlier...

Cyber agency cautions users against certain weaknesses detected in WhatsApp

12 hours ago

News / Times Of India/ Business

Country's cyber security agency has cautioned WhatsApp users about certain vulnerabilities detected in the popular instant messaging app that could lead to breach of sensitive information...

India-UAE one of the top busiest int'l routes in the world

12 hours ago

News / Times Of India/ Business

New Delhi-Dubai and Mumbai-Dubai are currently the third and eight busiest international routes in the world respectively, according to traffic data for the month of April released by UK aviation data company OAG...

TCS employee count set to breach half-a-million mark

12 hours ago

News / Times Of India/ Business

TCS’s total headcount is set to cross the 5 lakh landmark this year, and given the pace at which its employee numbers are rising, it should become the world’s largest IT services company in terms of employees in a couple of years. Only Accenture is bigger now...

Why do MNC banks give up pursuit of retail El Dorado in India

12 hours ago

News / Times Of India/ Business

For decades, multinational banks have sought to tap the continent-sized Indian market. Unlike other multinational entities, banks are not able to sweep the market as authorities in India and elsewhere grant branch licences very judiciously...

RBI cancels Rs 14k crore worth G-sec auction

17 hours ago

News / Times Of India/ Business

Go to web page....

Covid curbs, manufacturing slack take toll on fuel consumption

yesterday

News / Times Of India/ Business

India’s fuel consumption dropped sharply in the first half of April as a resurgence in Covid-19 infections and local restrictions hit the movement of people and slowed down economic activities...

Covid-19: Centre ropes in PSUs to ramp up vaccine production

yesterday

News / Times Of India/ Business

The production of indigenously developed Covid-19 vaccine Covaxin will be ramped up significantly and increased to 10 crore doses per month by September, the Department of Biotechnology said on Friday...

Hyundai bags top position in PV exports in 2020-21

yesterday

News / Times Of India/ Business

Hyundai Motor India led the passenger vehicle (PV) exports from the country last fiscal with dispatch of 1,04,342 units to various overseas markets like Mexico, Saudi Arabia and South Africa...

Maruti hikes price of selected models by up to Rs 22,500

yesterday

News / Times Of India/ Business

The country's largest carmaker Maruti Suzuki on Friday informed that it will increase the price of its select models by up to Rs 22,500.In a regulatory filing, Maruti said: "The company is increasing the price for select models owing to increase in various input costs."..

Ajay Seth takes over as new economic affairs secy

yesterday

News / Times Of India/ Business

Ajay Seth, a 1987 batch IAS officer of Karnataka cadre, on Friday assumed charge as secretary economic affairs at a time when the economy which was showing signs of recovery is being threatened by the second wave of Covid-19...

Sachin Bansal's company, 7 others apply for bank licences

yesterday

News / Times Of India/ Business

Sachin Bansal’s Chaitanya India Finance, former Citibanker Pankaj Vaish and Akhil Kumar Gupta are among the applicants for a bank licence. The Reserve Bank of India (RBI) on Thursday released the names of eight entities that had put in an application for either a universal bank or a small finance bank (SFB) licence...

China's Q1 GDP grows at record 18.3% as recovery speeds up

yesterday

News / Times Of India/ Business

China's economic recovery quickened sharply in the first quarter from a coronavirus-induced slump earlier last year, propelled by stronger demand at home and abroad and continued government support for smaller firms...

RBI receives 8 applications for setting up banks under 'on tap' licensing

2 days ago

News / Times Of India/ Business

The Reserve Bank on Thursday said it has received four applications each under the guidelines for 'on tap' licensing of universal banks and small finance banks...

Industry for extending weekend restrictions to NCR

2 days ago

News / Times Of India/ Business

The industry on Thursday suggested extending the weekend restrictions to the national capital region in consultations with state governments of Haryana and Uttar Pradesh as it will have a larger effect on containing Covid-19 spread...

Citigroup exits 13 global consumer banking markets

2 days ago

News / Times Of India/ Business

Citigroup announced Thursday it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small...

Wipro Q4 net profit up 27.7% to Rs 2,972 crore

2 days ago

News / Times Of India/ Business

IT company Wipro on Thursday posted a 27.7 per cent jump in consolidated net profit to Rs 2,972 crore for the fourth quarter ended March 31, 2021. Wipro had posted a net profit of Rs 2,326.1 crore attributable to equity holders of the company in the same period a year ago...

Wistron shakes up India structure, management after factory troubles: Report

2 days ago

News / Times Of India/ Business

Wistron Corp, the Taiwanese assembler of Apple Inc's iPhones, has restructured its internal setup and management ranks in India, two sources said, after an investigation last year into violence at one of its plants...

FB signs first deal to buy renewable energy in India

2 days ago

News / Times Of India/ Business

Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project, the social media giant's first such deal in the South Asian nation, the companies said on Thursday...

From cash flow to labour care, cos go extra mile to tide over second wave

2 days ago

News / Times Of India/ Business

: When the first wave of coronavirus infections hit the country last year, there was a large cluster at JSW’s plant in Karnataka. Wiser from the experience, it is not taking any chances this time...

Remdesivir rate volatility leads to claim rejections

2 days ago

News / Times Of India/ Business

Huge variations in the prices of Remdesivir — a crucial drug in the treatment of severe cases of Covid — have resulted in a large increase in insurance claim rejections and also black-listing of hospitals by insurance companies...

HDFC Bank plans to raise Rs 50,000 crore through bonds

3 days ago

News / Times Of India/ Business

HDFC Bank on Wednesday said it is planning to raise up Rs 50,000 crore during the next 12 months through issuing bonds. The bank's board of directors will take up the proposal at its meeting on April 17, it said in a regulatory filing...

'Hiring to grow by 7% in Apr-June if further lockdowns not imposed'

3 days ago

News / Times Of India/ Business

The intent to hire in the current quarter is likely to rise by 7 per cent over the previous three months if further lockdowns and workplace operating rules are not enforced, mainly driven by demand in healthcare, pharmaceuticals, educational services, ecommerce and technology start-ups and IT, according to a report...

Infosys Q4 profit rises 17.5%; announces Rs 9,200 crore share buyback

3 days ago

News / Times Of India/ Business

India's software services company Infosys posted a 17.5% jump in quarterly net profit on Wednesday, lifted by large contract wins as the Covid-19 pandemic drove digitisation efforts in multiple sectors...

Amazon moves SC against order restraining Future-RIL deal

3 days ago

News / Times Of India/ Business

Future Retail on Wednesday said Amazon has approached Supreme Court against a Delhi high court order which stayed a single judge's order restraining Future Retail Ltd from going ahead with its Rs 24,713 crore deal with Reliance Retail to sell its business...

Covid surge stokes recovery worries, hits growth forecast

3 days ago

News / Times Of India/ Business

The surge in Covid-19 cases in several states across the country has stoked worries about the economic recovery under way, Investment banks are scaling down their growth projections, while others are voicing concerns over the second wave and its impact on recovery...

Flipkart set to acquire Cleartrip in distress sale

3 days ago

News / Times Of India/ Business

Flipkart, which is fighting a close battle with US e-tail giant Amazon for one-upmanship in India’s booming e-commerce market, will use Cleartrip to diversify and expand into other product categories, such as online bookings of hotels and flights, to boost its overall gross merchandise value (GMV)...

New BIS license: Centre announces 50% rebate for startups

4 days ago

News / Times Of India/ Business

The government on Tuesday slashed the annual marking fee to get a new BIS license and certification by 50 per cent for micro-industry, startups and women entrepreneurs...

'Decision on excise duty cut on fuel when time comes'

4 days ago

News / Times Of India/ Business

The government will look to reduce prices of petrol and diesel through a cut in taxes when the time comes, the head of the agency responsible for excise and other indirect tax collections said on Tuesday...

Hey Siri, when is Apple's next event? April 20

4 days ago

News / Times Of India/ Business

Siri, Apple Inc's virtual assistant, might have spilled the beans by telling users on Tuesday that the iPhone maker is going to host a special event on April 20...

Ordered probe of WhatsApp policy: CCI to HC

4 days ago

News / Times Of India/ Business

The new privacy policy of WhatsApp would lead to excessive data collection and "stalking" of consumers for targeted advertising to bring in more users and is therefore, an alleged abuse of dominant position, competition regulator CCI told the Delhi high court on Tuesday...

Jack Ma’s fortune jumps $2bn after record Alibaba fine

4 days ago

News / Times Of India/ Business

Alibaba’s American depositary receipts climbed 9.3% on Monday in New York, their biggest jump in almost four years. For Jack Ma, the founder of the e-commerce giant, it meant his fortune increased by $2.3 billion to $52.1 billion, according to the Bloomberg Billionaires Index...

SUVs beat Covid blues, sales grow 12% in FY21

4 days ago

News / Times Of India/ Business

SUVs rolled over Covid’s crippling impact on the economy and managed to grow by double-digits in fiscal year 2020-21 even as all other segments, including small cars and sedans, two- and threewheelers, as well as commercial vehicles, ended in the red...

Hiring outlook up, but few willing to relocate

4 days ago

News / Times Of India/ Business

The second wave of the pandemic has not impacted hiring intentions of organisations. However, candidates in mid to senior roles are expressing unwillingness to relocate, even in location-critical roles, over family health worries and lockdowns...

RBI asks banks to take steps for business continuity

4 days ago

News / Times Of India/ Business

In a meeting with bank CEOs on Monday, RBI governor Shaktikanta Das asked them to take measures proactively to maintain business continuity, sharpen strategies and raise adequate capital for strengthening their balance sheets...

Tesla rallies after Canaccord upgrades rating, says it is like Apple

5 days ago

News / Times Of India/ Business

Shares of Tesla climbed 3% on Monday after Canaccord Genuity raised its rating on the electric car maker to "buy" and compared its brand to Apple. Canaccord Genuity analyst Jed Dorsheimer upgraded Tesla to "buy" from "hold" and increased his price target to $1,071, the second highest among 37 analysts tracked by Refinitiv...

Sebi fines Yes Bank for fraudulent sale of riskier bonds

5 days ago

News / Times Of India/ Business

India's market regulator on Monday fined Yes Bank Ltd Rs 25 crore ($3.33 million), saying it had fraudulently sold certain risky bonds to mom-and-pop investors without the necessary warnings and risk assessments...

TCS adds highest ever employees in a quarter

5 days ago

News / Times Of India/ Business

Tata Consultancy Services Ltd reported a 14.9% rise in March-quarter profit on Monday, as India's top IT services firm benefited from an uptick in cloud services demand during the Covid-19 crisis...

India sees 76% growth in digital payments in last 12 months

5 days ago

News / Times Of India/ Business

Online transactions in the first quarter of this year saw a growth of 76 per cent in the first quarter of 2010 as compared to 2020, as tier 2 and 3 cities and towns continued to contribute over 50 per cent of all online transactions, a new report said on Monday...

Record Alibaba fine shows China’s big tech can’t fight back

5 days ago

News / Times Of India/ Business

It’s a sign of how odd China’s crackdown on the power of big tech has been compared with the rest of the world. Mark Zuckerberg and Tim Cook would likely not express such public gratitude if the US government were to hit Facebook Inc or Apple Inc with record antitrust fines...

Not linked Aadhaar-PAN? This time it may cost you

5 days ago

News / Times Of India/ Business

If you are among a handful of taxpayers who haven’t linked your Permanent Account Number (PAN) with Aadhaar, it’s high time you do it. Senior tax department officials have said that this is the last extension as the government has now armed itself with powers to levy a penalty against those who are non-compliant...

Jan Dhan a/cs prove costly for over 4 debits in month

5 days ago

News / Times Of India/ Business

Users of basic savings bank deposit accounts (BSBDAs) are discovering that these facilities are not designed for the digital age. These accounts, which include the crores of enrolments under the Jan Dhan Yojana schemes, were designed for four cash withdrawals in a month...

Investors in shut Franklin MFss to get Rs 2,962cr more

5 days ago

News / Times Of India/ Business

Investors in all the six debt schemes of Franklin Templeton Mutual Fund that are in the process of being closed down are set to get another Rs 2,962 crore in total in the week beginning April 12...

Govt may hike FDI limit in pension sector to 74%;

5 days ago

News / Times Of India/ Business

Last month, Parliament approved a Bill to increase FDI limit in the insurance sector from 49 per cent to 74 per cent. The Insurance Act, 1938 was last amended in 2015 which raised FDI limit to 49 per cent, resulting in foreign capital inflow of Rs 26,000 crore in the last 5 years...

Petrol, diesel prices remain unchanged for 11th day

5 days ago

News / Times Of India/ Business

Fuel prices in the country remained unchanged on Saturday with oil marketing companies continuing on the pause mode and keeping petrol and diesel prices static for 11th consecutive day...

Aramco raised $12.4bn from oil pipeline stake sale

5 days ago

News / Times Of India/ Business

Energy giant Saudi Aramco said it has struck a $12.4 billion deal to sell a minority stake in a newly formed oil pipeline business to a consortium led by US-based EIG Global Energy Partners...

G-secs worth Rs 11k cr remain unsold in 1st auction

5 days ago

News / Times Of India/ Business

Government securities (G-secs) worth nearly Rs 11,000 crore remained unsold in the first gilt auction of fiscal 2022. This indicates a revival of the tug of war between traders, who want higher yields, and the central bank which wants the opposite. Similar actions were seen during the last four months of the previous financial year...

India fastest growing market for Levi’s in Asia

5 days ago

News / Times Of India/ Business

India has emerged as the fastest growing market in Asia for the US clothing company Levi Strauss & Co. For the first quarter of 2020-21 that ended February 28, the company’s sales in India grew ahead of the same period in 2019, Harmit Singh, global CFO at Levi Strauss & Co, said...

LIC manages to grow biz 10% in FY21 amid Covid

5 days ago

News / Times Of India/ Business

The Life Insurance Corporation (LIC) of India has managed to record double-digit growth in FY21 despite new business premium lagging the previous fiscal until February this year. The corporation’s chairman M R Kumar revealed on Friday that business growth for the year FY21 was 10%...

‘We dealt with FB, Google via market power, not copyright’

5 days ago

News / Times Of India/ Business

Australia made Google and Facebook pay for news. As the first country in the world to have shaped a code empowering news media companies to negotiate with search and social media platforms, it set the template for other countries. Next up is a look at online advertising, chair of the Australian Competition and Consumer Commission (ACCC) Rod Sims, which saw the news media bargaining code through, told TOI...

Amazon warehouse workers vote to reject forming union in Alabama

8 days ago

News / Times Of India/ Business

Efforts to unionize Amazon.com warehouse workers in Alabama were defeated on Friday by a more than 2-to-1 margin in a major win for the online retailer, but the union trying to organise workers was set to challenge the results, assailing the company's methods...

Niti Aayog to launch online dispute resolution handbook

8 days ago

News / Times Of India/ Business

Niti Aayog will launch the first-of-its-kind online dispute resolution (ODR) handbook in India on Saturday. The handbook is an invitation to business leaders to adopt ODR in India. It highlights the need for such a mechanism, the models of ODR that businesses can adopt and an actionable pathway for them...

LinkedIn says some user data extracted and posted for sale

8 days ago

News / Times Of India/ Business

Some LinkedIn data, including publicly viewable member profile, has been extracted and posted for sale, Microsoft Corp's professional networking site LinkedIn said based on an investigation...

Sensex sheds 155 points; Nifty slips below 14,850

8 days ago

News / Times Of India/ Business

Equity benchmark sensex dropped 155 points on Friday, tracking losses in index heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid largely negative cues from global markets...

Second Covid wave heightens risks for banks: Fitch

8 days ago

News / Times Of India/ Business

India's second wave of Covid-19 infections poses increased risks for India's fragile economic recovery and its banks, Fitch Ratings said on Friday. It expected a moderately worse environment for the banking sector in 2021 but headwinds will intensify should rising infections and follow-up measures to contain the virus further affect business and economic activity...

Government seeks to step up monitoring of imports

8 days ago

News / Times Of India/ Business

The government is looking to expand the import monitoring system to electrical machinery, machinery and mechanical appliances, certain metals, chemicals and plastics as it seeks to devise strategy to better understand imports, a lot of which is being shipped under the radar, and co-relate it with domestic manufacturing capability and capacity utilisation...

MFs jump 41% in FY21, gain from equity highs

8 days ago

News / Times Of India/ Business

Strong inflows in sectoral & thematic, tax savings and midcap schemes helped the mutual fund (MF) industry reverse its eight-month trend of net outflows from equity plans in March 2021. The month also witnessed, for the first time ever, inflows through systematic investment plans (SIPs) cross the Rs 9k cr mark, data from industry trade body AMFI showed...

Jio potentially saved $400m with recent deal: Report

9 days ago

News / Times Of India/ Business

Jio's spectrum trading pact with Airtel has enabled India's largest telco to top-up its holding in three key circles and yielded potential savings of about $400 million, according to a report...

'Give pilots across all age groups priority for Covid jabs'

9 days ago

News / Times Of India/ Business

An association representing over 5,000 pilots in India has urged the government to consider them — across age groups and not just above 45 — as frontline workers for Covid for priority vaccination...

Consumers turn more glum about future, survey shows

9 days ago

News / Times Of India/ Business

Consumers turned more pessimistic about the present and less gung-ho about the future, making them less likely to spend big in an economy that’s driven by domestic consumption. The current situation index fell to 53.1 in March from 55.5 in January, according to the Reserve Bank of India’s (RBI's) consumer confidence survey, where 100 is the dividing line between pessimism and optimism...

Tesla scouts for showroom space in India, hires executive for lobbying: Report

9 days ago

News / Times Of India/ Business

Tesla Inc is scouting for locations to open showrooms in three Indian cities and has hired an executive to lead its lobbying and business efforts ahead of its planned entry into the country, sources familiar with the discussions told Reuters...

Sensex jumps over 400 points to reclaim 50,000-mark

9 days ago

News / Times Of India/ Business

Equity indices jumped higher for the third straight session on Thursday with the benchmark BSE sensex rising over 400 points in opening trade. The 30-share BSE index was trading 416 points or 0.8 per cent higher at 50,072. While the broader NSE Nifty was up 122 points or 0.83 per cent at 14,942...

GST AAR: CSR expenses qualify for input tax credit

9 days ago

News / Times Of India/ Business

Corporate social responsibility expenditure is incurred by a company in order to comply with the requirements of the Companies Act, 2013. Thus, such expenses are incurred in the course of business and are eligible for input tax credit under Goods and Services Tax (GST) regulations, according to a GST ruling given by the Authority of Advance Ruling (UP Bench)...

In a 1st, RBI to buy Rs 1 lakh crore bonds in Q1

9 days ago

News / Times Of India/ Business

The Reserve Bank of India (RBI) has announced a government securities acquisition programme (G-SAP 1.0) where it has committed to buy bonds worth Rs 1 lakh crore in the first quarter. This unprecedented step has been taken by the central bank to keep interest rates in check as part of its efforts to support growth, which RBI governor Shaktikanta Das said was paramount...

Domestic passenger traffic in India was 30.8% less in February, says IATA

10 days ago

News / Times Of India/ Business Videos

Domestic passenger traffic in India was 30.8% less in February, says IATA..

'Domestic passenger traffic in India was 30.8% less in Feb'

10 days ago

News / Times Of India/ Business

Domestic passenger traffic in India was 30.8 per cent less in February 2021 as compared to the corresponding period in 2019, said global airlines body IATA on Wednesday. The global passenger traffic was down 74.7 per cent in February as compared to the same month in 2019, the International Air Transport Association (IATA) said...

Prosus to sell 2% stake in Tencent worth $15 billion

10 days ago

News / Times Of India/ Business

Dutch-based technology investment company Prosus NV is to sell a 2% stake in software group Tencent, worth about $15 billion at current prices, in what could potentially be the biggest block trade on record...

Banks sanction Rs 15L cr under Mudra Yojana in last 6 years

10 days ago

News / Times Of India/ Business

The finance ministry on Wednesday said banks and financial institutions have sanctioned Rs 14.96 lakh crore to over 28.68 crore beneficiaries in the last six years...

RBI keeps repo rate unchanged; pegs GDP at 10.5%

10 days ago

News / Times Of India/ Business

The Reserve Bank of India (RBI) on Wednesday decided to keep key lending rates unchanged for the fifth consecutive time in its April policy review meeting. While, it retained the gross domestic product (GDP) growth at 10.5 per cent...

Data on 530m users 'scraped' before Sept 2019: FB

10 days ago

News / Times Of India/ Business

Facebook Inc on Tuesday said a recently reported data leak affecting potentially 530 million users stemmed from a misuse of a feature in 2019 and that the company had plugged the hole after identifying the problem at the time...

CBIC unveils new rules to curb leakage

10 days ago

News / Times Of India/ Business

The Central Board of Indirect Taxes and Customs (CBIC) has notified a new set of rules for verification of exporters, importers and customs brokers under the Customs Act to check leakage, especially in case of goods and services tax (GST). Similar provisions had been put in place for GST recently...

Cred’s valuation trebles to $2.2bn, raises $215m

10 days ago

News / Times Of India/ Business

Cred, the fintech startup started by serial entrepreneur Kunal Shah, has raised $215 million in new funding, with its valuation soaring to $2.2 billion. The company is now officially the second fastest Indian startup to emerge as a unicorn, a moniker for startups valued at $1 billion or more. It achieved the status in just 29 months of launch...

After long wait, Max Group sells 13% stake in life insurer Max Life to Axis Bank

11 days ago

News / Times Of India/ Business

Diversified Max Group has sold a 13 per cent stake in Max Life Insurance Company to the country's third largest private sector lender Axis Bank, which will now be a co-promoter of the insurer...

A month's national lockdown can dent GDP by 2%: Report

11 days ago

News / Times Of India/ Business

India's economic recovery is still "shallow" and a month's national lockdown to curb the rising pace of Covid-19 infections can dent the GDP by up to 2 per cent, an American brokerage warned on Tuesday...

Why shortages of a $1 chip sparked crisis in global eco

11 days ago

News / Times Of India/ Business

To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver. Hundreds of different kinds of chips make up the global silicon industry, with the flashiest ones from Qualcomm Inc and Intel Corp going for $100 apiece to more than $1,000. Those run powerful computers or the shiny smartphone in your pocket...

Amazon illegally fired staff critical of work conditions

11 days ago

News / Times Of India/ Business

Amazon.com Inc illegally fired two employees who advocated for better working conditions during the pandemic, the US National Labor Relations Board has found...

Crypto market cap surges to record $2 trillion, bitcoin at $1.1 trillion

11 days ago

News / Times Of India/ Business

The cryptocurrency market capitalisation hit an all-time peak of $2 trillion on Monday, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors...

MSMEs get new insolvency route

11 days ago

News / Times Of India/ Business

The Centre has promulgated an ordinance to speed up the insolvency resolution process for micro, small and medium enterprises (MSMEs), which are expected to be the hardest hit by the pandemic...

Byju’s acquires Aakash for nearly $1 billion

11 days ago

News / Times Of India/ Business

Ed-tech major Byju’s has acquired brick-and-mortar test preparation firm Aakash Institute in a mega deal valued at nearly $1 billion. The acquisition, which will create one of the largest education groups in India, is through a mix of cash and stock...

Investment banking fees plunge 34% in Q1 to $194.5 million: Report

12 days ago

News / Times Of India/ Business

Despite a record year for primary share issues, investment banking activities declined in the first quarter of the year, pulling down their fees by almost 34 per cent to $194.5 million and making it the lowest start to a year since 2016, according to a report...

'Housing sales up 44% in Jan-Mar 2021 across 8 cities'

12 days ago

News / Times Of India/ Business

Sales of residential properties across eight major cities grew 44 per cent in the January-March period this year to nearly 72,000 units as demand recovered, according to Knight Frank India...

Investors' wealth tumbles over Rs 2.16 lakh crore

12 days ago

News / Times Of India/ Business

Investors' wealth tumbled over Rs 2.16 lakh crore at close of trade on Monday as markets crashed amid a sharp spike in coronavirus cases in the country...

Market close: Sensex dives 871 points; Nifty settles at 14,638

12 days ago

News / Times Of India/ Business Videos

Market close: Sensex dives 871 points; Nifty settles at 14,638..

Air India pilots seek PF details from airline

12 days ago

News / Times Of India/ Business

Air India pilots have sought information on the status of their provident fund (PF) accounts, as the airline is on the verge of being privatised. The Indian Commercial Pilots Association (ICPA) on Monday wrote to AI management highlighting “concern regarding the security and future of their investments’ value owing to some recent corporate failures and the impending disinvestment of Air India."..

Factory activity slows to 7-month low on renewed Covid lockdowns

12 days ago

News / Times Of India/ Business

India's factory activity grew at its weakest pace in seven months in March as renewed lockdowns to curtail a resurgence in Covid-19 cases dampened domestic demand and output, a private survey showed, forcing firms to cut headcount again...

Parking fees from staff to face GST, but at nil value

12 days ago

News / Times Of India/ Business

The UP bench of the Appellate Authority of Advance Rulings (AAAR) has held that the amount recovered from employees towards car parking charges, which are in turn paid to building authorities, is a ‘supply of service’ by the employer company towards its staff...

Mistry’s cousin relieved as SC says Tata did him no favours

12 days ago

News / Times Of India/ Business

Go to web page....

SC on interest waiver: PSU banks may have to take Rs 2k cr hit

13 days ago

News / Times Of India/ Business

Go to web page....

Tata Sons exits BPM biz, offloads Conneqt stake

14 hours ago

News / Times Of India/ Business

Tata Sons has sold its remaining 30% in the business process management (BPM) unit Conneqt to Quess Corp — majority owned by Indian-Canadian businessman Prem Watsa — for Rs 208 crore...