Business
Nusli Wadia Serves Defamation Notice on Tata Sons
Wadia is an independent director on some Tata Group companies which have called EGMs to remove him from their boards for allegedly siding with ousted chairman Cyrus Mistry.
Large Number of Indian MSMEs Hit By Cheap Chinese Imports, Says Govt
Imports from China in 11 major product groups, largely manufactured by MSMEs in India, have grown at a higher rate than their respective imports from all countries combined during 2012-13 to 2015-16.
RBI may cut rate by 0.25 Percent as Inflation Target Within Reach: Report
Retail or CPI inflation dipped to 14 month low of 4.20 per cent in October, while the one based on wholesale prices or WPI fell for the second consecutive month to 3.39 per cent for the same month.
About Rs 2 Lakh Crore Deposited in Banks Till Saturday Afternoon: Arun Jaitley
Union Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following the demonetisation of Rs 500 and Rs 1,000 notes.
‘Hiroshima-Nagasaki’ Moment for Hawala Market, Black Money Nuked: Experts
Has Prime Minister Narendra Modi’s surgical strike on black money and counterfeit currency dealt a death blow to the illegal Hawala racket?
Time Warner Shares Fall on Worries Trump May Block AT&T Deal
Shares of Time Warner Inc fell more than 2 percent on Wednesday on concerns that U.S. President-elect Donald Trump will make good on his vow to block a proposed $85 billion acquisition by AT&T Inc.
War on Black Money: PMO, IB Officials Go Into Huddle, Security Alert to Follow
India's security establishment has long been convinced that Pakistani spy agency ISI was pumping counterfeit notes of Rs 500 and Rs 1,000 to finance terror activities within, even earning a handsome profit in the process.
Wall Street Soars as Investors See Higher Chance of Clinton Win
Wall Street surged on the eve of the U.S. presidential election, with Democratic nominee Hillary Clinton's prospects brightening after the FBI said it would not press criminal charges against her over the use of a private email server.
Rupee Recoups Losses Against US Dollar, Closes Up 5 Paise
The rupee on Friday recovered by 5 paise against the US currency to end at 66.70 on stray dollar selling by banks and exporters even as stock markets continued to decline.
Cyrus Mistry Steps Up Attack, Says Tata Group Knew About Welspun Deal
Stepping up his attack on the Tata Group in general and Ratan Tata in particular, ousted chairman Cyrus Mistry on Friday denied groups claim that the board was not properly consulted on Tata Power's purchase of Welpsun Power in June.
Sensex Plunges 201 Points as Oil Fears Make a Comeback
The Sensex went below the 28,000-mark by plunging over 201 points on Wednesday after funds and retail investors hit the sell button tracking a sluggish global trend due to tumbling oil prices.
Rupee Advances 3 Paise to 66.82 Against US Dollar
In a highly volatile trade, the rupee maintained its edge against the American currency for the second day on Tuesday and appreciated by a modest 3 paise to close at 66.82.
Panel Discusses GST Rate, Reaches Consensus on Compensation for States
The GST Council on Tuesday discussed possible Goods and Service Tax rates, including a four-slab structure of 6, 12, 18 and 26 percent with lower rates for essential items and highest band for luxury goods, even as it reached consensus on payment of compe...
Air India Mulls Rs 10,000-crore Debt Rejig Under RBI’s New Scheme
Air India, which is operationally profitable now, is looking to rejig debt worth Rs 10,000 crore under the scheme for sustainable restructuring of bad assets floated by the Reserve Bank.
Diwali Sale: Flipkart and Amazon in a War of Words
Flipkart took a jibe at Amazon by saying the numbers didn’t come by selling memberships or small ticket items such as 'hing, churan or besan'.
Twitter Hoping to Conclude its Sale in 20 Days, Says Report
Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on October 27, according to people familiar with the matter.