Tag: business

Demonetisation, GST may ruin wedding season business: ASSOCHAM

Demonetisation, GST may ruin wedding season business: ASSOCHAM

Demonetisation along with recently introduced Goods and Service Tax (GST) may impact the business of upcoming wedding season, which is starting from November, by 10-15 per cent, said industry chamber, ASSOCHAM on Monday. Wedding services like marriage hall booking, tent booking, confectionery services and photography are expected to get impacted.[Read More…]

Dawood Ibrahim runs business from Pakistan: Iqbal Kaskar

Dawood Ibrahim runs business from Pakistan: Iqbal Kaskar

Underworld don, Dawood Ibrahim Kaskar’s younger brother, Iqbal Kaskar, claims that his elder brother is in Pakistan. Iqbal, who is currently in the custody of Thane Police after being arrested in connection with an extortion case, told investigators that Dawood has changed his location in Pakistan four times since 2014.[Read More…]

BJP surfaces as top choice for corporate donors

BJP surfaces as top choice for corporate donors

According to an analysis by the election watch body Association of Democratic Reforms (ADR), business houses handed out a total of 956.77 crores to national parties between 2012-13 and 2015-16 with BJP getting the biggest share at 704.81 crores. The report, which analysed funding received by five national parties- BJP,[Read More…]

Flipkart Big Billion Days: Sales begin with 80% discount; Here’s top deals

Flipkart bags record investment of $2.5billion

In the largest-ever investment in an online Indian company, e-commerce giant Flipkart got an investment of $2.5 billion from a Japanese telecom and internet company. Japanese group SoftBank’s new $93bn Vision Fund has invested $2.5bn in Indian Flipkart – the biggest private investment in the company’s technology sector. The fresh[Read More…]

Reliance Jio tops Fortune 'Change The World' list

After free data, Jio to provide free 4G smartphones!

After inducing a revolution in the sector of data connectivity by offering free unlimited data, Mukesh Ambani‘s Jio will now provide free smartphones to its customers. Speaking at the 40th AGM, the RIL chairman, Mukesh Ambani, said that JioPhone will be available at an effective price of Rs 0. At[Read More…]

Centre restricts cattle trade in India

In order to prevent cattle slaughter, the Environment Ministry has banned the sale of cattle from marketplaces for the purpose of culling. A gazette notification, titled Prevention of Cruelty to Animals (Regulation of Livestock Markets) Rules, 2017 by the Ministry of Environment, Forests and Climate Change states that no one[Read More…]

Bitcoin soars to an all-time high

Bitcoin towered an all-time high above $1,400 on Tuesday which is technically more than triple of its value over the past year. This comes alongside the recent rise in demand for the service in Japan, where the digital currency has been considered a legitimate means of payment. Bitcoin rose around[Read More…]


SEBI court disallows non-bailable warrant on Subrata Roy

On Friday, a special Securities and Exchange Board of India (SEBI) court disallowed a non-bailable warrant issued against Sahara chief Subrata Roy as he appeared before the court. The warrant was also crushed on conditions that Roy will appear in all hearings from now. The court also asked him to[Read More…]

Vijay Mallya arrested in London

Indian business tycoon Vijay Mallya who is wanted in India for defaulting on loans worth Rs 9,000 crore related to Kingfisher Airlines (KFA) that was suspended in 2012, has been arrested by the Scotland Yard in London on Tuesday. He will be produced before the Westminster Magistrates’ Court. Mallya, who[Read More…]

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