Delhi Chief Minister Arvind Kejriwal on Tuesday said that GST has caused a lot of trouble to traders and there is a need for extending relief to them. “Demonetisation and GST have adversely affected the interests of traders resulting that most of them have shut down their business, which has[Read More…]
Tag: business
Tough to remain ‘headstrong’ in filmdom: Kangana Ranaut
Actress Kangana Ranaut, known to speak her mind despite the reactions her words elicit, says it is difficult to remain “headstrong” in Bollywood as there are always people who try to make one “feel insignificant”. But she continues to fight it. “Being an outsider in the business, I have fought[Read More…]
US businessmen express desire to invest in Uttar Pradesh
A delegation of US businessmen called on Uttar Pradesh chief minister, Yogi Adityanath to explore investment opportunities in the state. Adityanath told the visiting delegation of the US-India Strategic Partnership Forum that India was emerging as a growing economy under Prime Minister Narendra Modi’s leadership. The state’s strong economy will[Read More…]
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
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
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 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…]
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…]
Only veg food for economy class passengers on Air India domestic flights
The national carrier– Air India– will not be serving non-vegetarian food to those travelling in the economy class of domestic flights. This move comes soon with the rumours of Air India divestment. The amendment is seen as one of the many cost-cutting measures adopted by the company facing a debt[Read More…]
Not courageous enough to invest in Air India: Anand Mahindra
While rumours of privatising Air India are forging ahead, the Indian government is unlikely to go for divesting its entire stake in the debt-ridden national carrier and instead keep a majority stake with it while getting rid of the airlines’ debt. According to the Ministry of Civil Aviation, it was[Read More…]
Here is how this start-up raised $153 million in three hours!!
While the start-up culture in continues to develop across boundaries, a start-up firm Bancor raised $153 million in cryptocurrency in its own Initial Coin Offering, in just 3 hours! This new magically potential way to raise capital for your business is called the initial coin offering. What is Initial Coin[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…]
Mukesh Ambani tops Forbes list of Global Game Changers
Just when Reliance was enjoying Jio’s popularity and success over making 4G Internet incredibly accessible to Indians, Mukesh Ambani, 60, comes at the top of the list for his game-changing efforts to bring the internet to India’s masses. “Anything and everything that can go digital is going digital. India cannot[Read More…]
Sri Lanka to go ahead with oil deal with India
Vistara announces 50% off on business class fares
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…]
Tata Teleservices fires over 500 employees
Aadhaar to be made mandatory for corporates
In order, to tackle the problem of fake identities, centre to soon make Aadhaar number compulsory for vital managerial personnel and directors in regulatory filings under the Companies Act. The move is initiated at a time when authorities are taking steps to deal with the dangers of shell companies which[Read More…]
No code of conduct for institutional investors in India: SEBI
The Indian capital market regulator– the Securities and Exchange Board of India on Friday, expressed deep concern over the standard of corporate governance. It said that in India there is “no code of conduct” for institutional investors. “Is the system of corporate governance in the country working satisfactorily…The majority would[Read More…]
Consumers can now buy gold digitally
Google Maps now helps you find your parked car!
Now Google will not only help you to get where you’re going, but it’ll also assist you to remember where you parked once you’ve arrived. Google Maps has introduced a new feature that will help you remember where you parked your car in case you happen to forget. The new[Read More…]
Fresh allegation of sexual misconduct against star investor Mahesh Murthy
Allegations of verbal and physical misbehaviour have surfaced against Mahesh Murthy, a known figure of venture and angel investor community in India. More than two women have spoken openly about their instances of sexual violations made by Murthy, 13-14 years ago. Murthy clearly denied the allegations. He called the allegations[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…]
