Sensex surged over 1,500 points on Friday after the government slashed corporate tax for domestic companies and new domestic manufacturing companies.
business
Big bang reform: Uday Kotak hails move to slash corporate tax rate
“A bold, progressive step forward,” Uday Kotak wrote about the move.
Onion prices shot up to a 21-month high at Lasalgaon in Maharashtra
Before September 18, the highest wholesale price of onion was recorded at Rs 3,400 per quintal on December 12, 2017
IDBI Bank okays preferential issues to LIC, Govt
Shares of IDBI Bank fell 3 per cent on opening on September 19 after the company approved preferential issue of capital to Life Insurance Corporation and the government.
Sensex dips by over 200 points, Nifty falls from 11,000 levels
Sensex reads 37,161.84 (−223.15) points, while Nifty stands at 11,011.00 points(−64.90).
Nissan Motor CEO Hiroto Saikawa resigns over pay issue
After admitting to being overpaid by an equity-linked remuneration scheme, Nissan Motor Co. President and CEO Hiroto Saikawa on Monday stepped down from his post. Saikawa, 65, was appointed CEO after the arrest of Carlos Ghosn, who is facing allegations of financial misconduct during his tenure as former chairman of[Read More…]
Income Tax issues notice to Mukesh Ambani & family under Black Money Act: Reports
Mukesh Ambani, his wife Nita Ambani and their three children were served notice for alleged “undisclosed foreign income and assets”.
Uber lays off 435 more employees; this time from engineering and product teams
Uber laid off 8% of the organisation, with 170 people leaving the product team and 265 people leaving the engineering team.
Goldman Sachs sacks India V-P Ashwini Jhunjunwala for Rs 38 cr fraud
Jhunjunwala has been sent to 14-day judicial custody by a local court for investigation into the cheating case.
Delhi-NCR biggest start-up ecosystem in India: Study
At least one new unicorn has emerged each year in the NCR region since 2013, showed the study by the Delhi-NCR chapter of TiE, a globaQl not-for-profit organisation.
