Monday, September 28, 2020

IGIA Terminal-2 to resume operations from Oct 1 (Ld)
New Delhi | Monday, 2020 9:15:06 PM IST
Operations at the Terminal-2 of the Indira Gandhi International Airport here will recommence from October 1 after a gap of around six months. ... read..

RBI MPC reschedules policy review meet
Mumbai | Monday, 2020 8:15:06 PM IST
The Reserve Bank's Monetary Policy Committee (MPC) meet for the penultimate policy review for 2020 has been rescheduled. ... read..

NABARD gives clean chit to Reliance Commercial Finance (RCF)
New Delhi | Monday, 2020 8:15:06 PM IST
The government owned NABARD which has an over Rs 1,000 crore exposure to Reliance Commercial Finance (RCF) has said that no element of fraud was found in the forensic audit report of Grant Thorton. ... read..

Electronics body seeks deferral of TCS implementation to FY22
New Delhi | Monday, 2020 8:15:06 PM IST
The India Cellular and Electronics Association (ICEA) has written to the Finance Minister seeking postponement of the implementation of the Tax Collected at Source (TCS) to April 1, 2021. ... read..

Domestic gas prices may rise as govt explores floor price mechanism
New Delhi | Monday, 2020 7:45:06 PM IST
CNG and piped natural gas prices could face an increase this festive season if the government implements a new floor price mechanism for gas produced from domestic fields by companies such as Oil and Natural Gas Corporation (ONGC). ... read..

IGIA Terminal-2 to resume operations from Oct 1
New Delhi | Monday, 2020 7:15:06 PM IST
Operations at the Terminal-2 of the Indira Gandhi International Airport here will recommence from October 1 after a gap of around six months. ... read..

Microsoft study finds 4 in 10 consumers in India involved in bullying
New Delhi | September 28, 2020 6:42:35 PM IST
Nearly 38 per cent of consumers across India comprising 34 per cent of adults and 43 per cent of teenagers said they were involved in an online bullying incident, according to a recent digital civility report by Microsoft. ... read..

CEAT Specialty launches farm tyre range Vardhan
| September 28, 2020 6:42:27 PM IST
Mumbai (Maharashtra) [India], September 28 (ANI/NewsVoir): CEAT Specialty (a division of CEAT Ltd) launched its new range of farm tyres "Vardhan", on 25th September. ... read..

Longines extends the warranty to five years on all models using the antimagnetic silicon balance-spring
| September 28, 2020 6:42:24 PM IST
New Delhi [India], September 28 (ANI/NewsVoir): In search of performance and precision, and committed to offering its customers the desk possible service, Longines is proud to announce that the warranty on all the models with antimagnetic silicon balance- ... read..

New Celent executive research on 'Life Insurance Core Modernization'
| September 28, 2020 6:42:22 PM IST
Hyderabad (Telangana) [India], September 28 (ANI/NewsVoir): In a new report underwritten by Equisoft, global research firm Celent presents the findings of an interview series aiming to understand how life insurers reached the tipping point in making a dec ... read..

Ride in India - 'Motorcycle Tourism' campaign launched on World Tourism Day
| September 28, 2020 6:42:19 PM IST
Chennai (Tamil Nadu) [India], September 28 (ANI/NewsVoir): On the occasion of the World Tourism Day (27th September) India tourism, Chennai and the Big Biking Commune organised the flag-off of the 'Ride in India' campaign, an initiative to promote Motorcy ... read..

UL launches Bureau of Indian Standards recognized heating, ventilation and air conditioning testing services for electronic controllers
| September 28, 2020 6:42:16 PM IST
Bengaluru (Karnataka) [India], September 28 (ANI/BusinessWire India): UL, a global safety science company, today announced the launch of Bureau of Indian Standards (BIS) recognized testing services for heating, ventilation and air conditioning (HVAC) prod ... read..

Celebration of creation of an education philosophy "Manifestism" by Ritesh Rawal
| September 28, 2020 6:42:14 PM IST
New Delhi [India], September 28 (ANI/NewsVoir): As a successful Founder of Dudes and Dolls - The Cosmic School, Adhyay School and Ritesh Rawal Foundation, Ritesh has been working in the field of education for more than a decade. ... read..

AXA XL in India to plant 30,000 trees and create a biodiversity park in Delhi
| September 28, 2020 6:42:11 PM IST
New Delhi [India], September 28 (ANI/NewsVoir): AXA XL in India has partnered with charity, Give Me Trees Trust, to embark on an ambitious three-year project to plant 30,000 trees and create a biodiversity park in Jaunapur, Chhatarpur, New Delhi. ... read..

All assets and liabilities only in India, nothing overseas, fully disclosed
New Delhi | Monday, 2020 6:15:06 PM IST
Anil Ambani has made full and fair disclosure of all his assets and liabilities in proceedings as required in a UK Court, and he has reaffirmed that he personally holds no assets outside India. ... read..

Diesel prices fall again, petrol unchanged
New Delhi | Monday, 2020 6:15:05 PM IST
Diesel prices continued its downward movement on Monday on the back of subdued product prices and almost steady crude oil prices globally. ... read..

Centre to SC: Decision on waiver of interest on interest likely soon
New Delhi | Monday, 2020 5:45:15 PM IST
The Centre on Monday informed the Supreme Court that a decision on the issue of waiver of interest on interest on deferred EMIs during the moratorium is at an advanced stage and likely to be taken within two or three days. ... read..

Alankit to offer Western Union money transfer services at 2,000 locations
New Delhi | September 28, 2020 5:42:33 PM IST
E-governance and digital solutions provider Alankit Ltd said on Monday it has collaborated to offer Western Union international money transfer services, expanding greater access to consumers in India. ... read..

Mumbai Municipal Commissioner I.S. Chahal honoured with Global 'Covid Crusader Award-2020'
| September 28, 2020 5:42:23 PM IST
Pune (Maharashtra) [India], September 28 (ANI/PRNewswire): Iqbal Singh Chahal, IAS, Municipal Commissioner of the Municipal Corporation of Greater Mumbai, has become the first Indian bureaucrat to be recognised and receive global acknowledgment for his co ... read..

Sensex soars 400 points; auto, banking stocks rise
Mumbai | Monday, 2020 5:15:14 PM IST
The key Indian equity indices traded on a positive note on Monday morning with the BSE Sensex gaining over 400 points. ... read..

Lakshmi Vilas Bank to be run by 3 independent directors' panel
Mumbai | Monday, 2020 4:45:06 PM IST
The Reserve Bank of India has approved that the day-to-day affairs of Lakshmi Vilas Bank will be run by a Committee of Directors (CoD) comprising three independent directors. ... read..

Equity indices close 1.6 pc higher with broad-based buying
Mumbai (Maharashtra) | September 28, 2020 4:42:17 PM IST
Equity benchmark indices closed 1.6 per cent higher on Monday on the back of buying across multiple sectors. ... read..

Kissflow partners with The Digital Workplace for a first-of-its-kind Tweetathon on Digital Workplace Day
| September 28, 2020 4:12:21 PM IST
Chennai (Tamil Nadu) [India], September 28 (ANI/BusinessWire India): Following a worldwide push towards digital work over the past year, over 95 percent of organizations agree that a digital workplace is important to them, but only 38 percent of them have ... read..

Save smartly with the Bajaj Finance Systematic Deposit Plan
| September 28, 2020 4:12:19 PM IST
Pune (Maharashtra) [India], September 28 (ANI/NewsVoir): Funding long-term goals requires smart investments. However, most investments warrant a lump sum amount to get started, which is not always possible for individuals living from paycheck to paycheck. ... read..

Govt says Labour Codes aimed at expanding labour welfare measures
New Delhi | September 28, 2020 4:12:14 PM IST
The Ministry of Labour and Employment on Monday allayed doubts over reforms Bills known as Labour Codes passed by Parliament a few days ago, saying the criticisms being aired are unfounded. ... read..

RBI postpones MPC meet on key interest rates
Mumbai (Maharashtra) | September 28, 2020 3:12:21 PM IST
The Reserve Bank of India (RBI) has rescheduled the meeting of its Monetary Policy Committee (MPC) which was to be held from September 29 to October 1. ... read..

World Animal Protection launches report to increase awareness on rabies elimination
| September 28, 2020 2:42:20 PM IST
New Delhi [India], September 28 (ANI/NewsVoir): International animals welfare organisation, World Animal Protection has launched an important report titled "All Eyes on Dogs" which provides the first trajectory with actions needed to eliminate dog mediate ... read..

India Pulses and Grains Association (IPGA) welcomes the amendment to the Essential Commodity Act
| September 28, 2020 2:12:18 PM IST
The apex traders body applauds government's efforts to open up the farm sector ... read..

Film Producer Rajesh Bhatia turns writer-director with 'The Insurance - Karma will Get You'
| September 28, 2020 2:12:17 PM IST
Mumbai (Maharashtra) [India], September 28 (ANI/NewsVoir): Producer of "Motichoor Chaknachoor" and "Bole Chudiyan" turned writer-director with "The Insurance - Karma will Get You". ... read..

Mintel: 41 percent of young Indian beer drinkers are willing to switch to low or no alcohol beer
| September 28, 2020 1:12:23 PM IST
Mumbai (Maharashtra) [India], September 28 (ANI/BusinessWire India): Young Indian beer lovers are leading the way in responsible beer consumption, as the latest research from Mintel highlights that more than two in five (41 per cent) Indian beer drinkers ... read..

Sea and road transport recovering, air transport still under pressure: Ind-Ra
Mumbai (Maharashtra) | September 28, 2020 1:12:14 PM IST
The sea and road transportation segment witnessed a continued recovery on a month-on-month basis in August though it remains lower year-on-year, according to India Ratings and Research (Ind-Ra). Ports volumes continued the recovery trend displayed in June ... read..

ICRA downgrades Taj GVK Hotels & Resorts to A-minus with negative outlook
New Delhi | September 28, 2020 12:42:22 PM IST
Taj GVK Hotels and Resorts said on Monday that ICRA has downgraded its long-term loans totalling Rs 166 crore to A-minus from A and short-term credit facilities worth Rs 30 crore to A2-plus from A1. ... read..

Krishna Consultants announces a mega event-KC's Virtual Edu Expo'20
| September 28, 2020 12:12:24 PM IST
Nagpur (Maharashtra) [India], September 28 (ANI/PRNewswire): Taking the right study abroad decision at the right time is quite essential for students aiming to embark on a journey of international education as it is a life - changing decision for the best ... read..

Dramz Global LLC announces its global video streaming app vRockk
| September 28, 2020 12:12:19 PM IST
New Delhi [India], September 28 (ANI/BusinessWire India): In its endeavor to create a social media platform with a difference that rewards the content creators, Dramz Global LLC an international software conglomerate with its teams across the globe announ ... read..

Gulf Oil Lubricants in strategic partnership with S-Oil of South Korea
Mumbai (Maharashtra) | September 28, 2020 11:42:19 AM IST
Hinduja Group subsidiary Gulf Oil Lubricants India Ltd (GOLIL) on Monday announced a long-term strategic partnership with S-Oil Corporation of South Korea to exclusively manufacture and market its entire range of lubricants for the Indian market. ... read..

RBI approves 3-member committee of directors to manage Lakshmi Vilas Bank
Mumbai (Maharashtra) | September 28, 2020 11:12:21 AM IST
The Reserve Bank of India (RBI) has approved a three-member committee of directors to run the day-to-day functioning of cash-strapped Lakshmi Vilas Bank. ... read..

L&T Technology Services selected to support Tenneco DRiV ride performance division
| September 28, 2020 11:12:16 AM IST
Brussels [Belgium]/ Bengaluru (Karnataka) [India], September 28 (ANI/BusinessWire India): L&T Technology Services Limited, a global leading pure-play engineering services company, today announced that it has been selected to provide engineering servic ... read..

CHD Chemicals continues on high growth path; en-route to break all time highs, board to consider Dividend
| September 28, 2020 11:12:13 AM IST
Chandigarh (Punjab) [India], September 28 (ANI/NewsVoir): BSE listed CHD Chemicals Ltd., a chemicals and dyes manufacturing, trading and distribution Company is planning major expansion, whereby it will expand it plant capacities. ... read..

Equity indices edge higher, auto and banking stocks gain
Mumbai (Maharashtra) | September 28, 2020 10:42:15 AM IST
Equity benchmark indices climbed up by 1 per cent during early hours on Monday tracking positive trends in Asian markets. ... read..

Investment experts project positive turnaround for ITC stock
New Delhi | Monday, 2020 8:15:06 AM IST
Investment experts have projected a positive turnaround for the ITC stock with 41 out of 43 analysts on Bloomberg giving a "buy" or "Hold" call for the stock. ... read..

FIP seeks temporary suspension of breath analyser test
New Delhi | Monday, 2020 4:15:05 AM IST
The Federation of Indian Pilots (FIP) has written to the Director General of Civil Aviation (DGCA) seeking temporary suspension of the breath analyser test (BAT) due to fears around the ongoing Covid pandemic. ... read..

Cos adapting biz models to align with Aatmanirbhar Bharat reality
New Delhi | Monday, 2020 3:15:06 AM IST
With the pitch for an Aatmanirbhar Bharat along with the compulsions of a pandemic-stricken economy becoming a reality, many companies are adapting and re-aligning business models. ... read..

Oil minister calls for total shift to clean fuels in prime tourist cities
New Delhi | Monday, 2020 2:45:06 AM IST
Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Sunday called for the prime tourist cities in the country to completely switch to clean fuels. ... read..

Fully functional board, comfortable liquidity status: LVB
Mumbai | Monday, 2020 2:45:05 AM IST
As the Lakshmi Vilas Bank shareholders' vote against the reappointment of seven directors to the board raised concerns about its governance and management, the bank has tried to allay the fears, saying that it has a "fully functional" board, including thr ... read..

Qatar Airways logs $1.9 bn loss in 2019-20 amid pandemic
Doha | Monday, 2020 1:45:05 AM IST
Qatar Airways Group on Sunday reported loss of $1.9 billion during the year ended March 2020. ... read..

CAIT calls for early roll out of e-commerce policy
New Delhi | Sunday, 2020 11:45:06 PM IST
The Confederation of All India Traders (CAIT) has called upon Union Commerce Minister Piyush Goyal to roll out the e-commerce policy at the earliest to curb "malpractices" of large e-commerce players in India. ... read..

LVB Directors voted out by part of promoter group, institutions, public
Chennai/Mumbai | Sunday, 2020 10:15:06 PM IST
Even as shareholders of Lakshmi Vilas Bank voted out a majority of the board members, including promoter K.R. Pradeep, the voting pattern, as per the regulatory filing, shows some interesting aspects. ... read..

CII seeks changes in RBI directive on opening of current accounts
New Delhi | Sunday, 2020 10:15:06 PM IST
The Confederation of Indian Industry (CII) has urged the Reserve Bank of India (RBI) for a relook on its last month's circular on opening of current accounts in banks and suggested changes. ... read..

Vodafone Idea starts upgrading 3G users to 4G in key markets
Mumbai | Sunday, 2020 10:15:06 PM IST
Vodafone Idea Limited (VIL) has started upgrading its 3G users to 4G in key markets. ... read..

NTPC invites bids for biomass pellet procurement
New Delhi | Sunday, 2020 9:15:06 PM IST
State-run NTPC Ltd has invited bids for procurement of biomass pellets for its various thermal plants on domestic competitive basis (DCB) as part of its endeavour to reduce burning of crop residue on farmlands that cause air pollution. ... read..

Centre plans non-tariff barriers on toy imports early next year
New Delhi | Sunday, 2020 8:45:06 PM IST
In line with its ambitious plan to make India a toy hub and self-reliant in the segment, the Union government is likely to go a step forward and impose further non-tariff barriers on toy imports. ... read..

Lakhsmi Vilas Bank shareholders reject reappointment of CEO, directors
Mumbai | Sunday, 2020 6:45:06 PM IST
The shareholders of Lakshmi Vilas Bank have voted against the reappointment of seven directors to its board, including that of the MD and CEO, S. Sundar. ... read..

RBI's role in Dhanlaxmi Bank Board should be reviewed: AIBEA
Chennai | Sunday, 2020 6:15:06 PM IST
The role of Reserve Bank of India (RBI) in the Board of Directors of Dhanlaxmi Bank (originally Dhanalakshmi Bank) should be reviewed, said a top official of the largest union in the banking sector. ... read..

Sun Pharma's R&D investment around Rs 2,000 cr in FY20
New Delhi | Sunday, 2020 6:15:06 PM IST
Sun Pharmaceutical Industries Ltd invested around Rs 2,000 crore in research and development (R&D) in the last financial year (2019-20). ... read..

Diesel prices down for 3rd straight day
New Delhi | Sunday, 2020 5:15:06 PM IST
Diesel prices continued to dip for the third straight day on Sunday on the back of subdued crude oil prices globally. ... read..

Problems in finding a life partner? Let Astrology guide you
| September 27, 2020 10:42:18 AM IST
New Delhi [India] September 27 (ANI/Mediawire): Marriages were simpler in olden days. Marriages were solemnized at an early age and as soon as a boy or girl reached marriageable age, the elders in the family started searching for a suitable bride or groom ... read..

Amid the COVID-19 pandemic; Chandigarh University students and faculty welcomed tourists at Chandigarh International Airport on the eve of World Tourism Day
| September 27, 2020 10:12:12 AM IST
Chandigarh (Punjab) [India] September 27 (ANI/PRNewswire): Continuing its tradition to celebrate World Tourism Day which falls on September 27th, faculty and students of University Institute of Tourism & Hospitality Management (UITHM), Chandigarh Univ ... read..

'Economic disruption to deter RBI from quantifying FY21 growth forecast'
New Delhi | Sunday, 2020 6:15:06 AM IST
The dynamic economic upheaval unleashed by Covid-19 pandemic might hinder the Reserve Bank of India (RBI) from giving a pin-pointed growth as well as inflation forecast in the upcoming monetary policy report, experts opined. ... read..

CFMA says Franklin Templeton knows of FIR; to file class-action suit
Chennai | Sunday, 2020 4:15:06 AM IST
The Chennai Financial Markets and Accountability (CFMA) investors' group on Saturday said intimation regarding registration of a first information report (FIR) by the Economic Offences' Wing (EOW) Chennai against Franklin Templeton (FT) India, was made by ... read..

Noted economist Isher Judge Ahluwalia no more, tributes pour in
New Delhi | Sunday, 2020 4:15:06 AM IST
Prominent economist and Padma Bhushan recipient Isher Judge Ahluwalia died on Saturday after a battle with brain cancer. ... read..

Fiscal package on the cards in the festival season
New Delhi | Sunday, 2020 1:15:06 AM IST
A fiscal package to put money in the hands of the consumer in the festival season is on the cards. ... read..

Rate decision, US stimulus likely constraints to rupee's further appreciation (IANS Analysis)
New Delhi | Saturday, 2020 10:45:05 PM IST
Caution over the upcoming monetary policy review along with a strong US dollar is expected to check the appreciation in Indian rupee during the short-term. ... read..

Franklin Templeton says yet to see FIR in Rs 28,000 cr scam
New Delhi | Saturday, 2020 8:45:06 PM IST
Following the registration of an FIR by the Chennai Police, Franklin Templeton has responded for the first time by saying they have not yet seen the copy of the FIR. ... read..

Rajasthan's new tourism policy focuses on rural destinations
Jaipur | Saturday, 2020 8:45:06 PM IST
As the World Tourism Day will be celebrated on Sunday this year amid the coronavirus pandemic with the theme "Tourism and Rural Development", the Rajasthan government's new tourism policy complements the theme keeping rural tourism in focus. ... read..

NTPC stops land acquisition for greenfield coal-based projects
New Delhi | Saturday, 2020 8:15:06 PM IST
In a big change in its business strategy, the country's largest coal-fired power producer NTPC proposes to completely stop land acquisition for green field thermal projects and rather look for reducing its carbon footprint through aggressive renewable ene ... read..

Centre allows early procurement of paddy in Punjab, Haryana
New Delhi | Saturday, 2020 8:15:05 PM IST
The Centre has allowed early procurement of paddy in Punjab and Haryana from Saturday, a statement from the Ministry of Consumer Affairs, Food & Public Distribution said. ... read..

Diesel gets cheaper, petrol prices unchanged
New Delhi | Saturday, 2020 7:15:06 PM IST
Diesel prices fell again on Saturday continuing its southward movement in tandem with fall in global product prices and steady crude prices. ... read..

SEBI slaps Rs 1 crore fine on Rana Kapoor for violating disclosure norms
Mumbai (Maharashtra) | September 26, 2020 6:42:24 PM IST
The Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 1 crore on former Yes Bank Managing Director and CEO Rana Kapoor for violating disclosure regulations regarding a transaction of Morgan Credits Pvt Ltd, an unlisted promoter entity ... read..

GST e-invoicing mandatory from October
New Delhi | Saturday, 2020 5:45:05 PM IST
No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for companies with annual turnover of over Rs 500 crore for their business-to-business transactions starting Octob ... read..

Equitas Small Finance Bank reduces IPO size to Rs 280 crore
Chennai (Tamil Nadu) | September 26, 2020 3:12:25 PM IST
Equitas Small Finance Bank has reduced the size of its initial public offering (IPO) of shares to Rs 280 crore from the previous Rs 550 crore. ... read..

Credit metrics of leading pharma companies to remain stable: ICRA
New Delhi | September 26, 2020 1:12:13 PM IST
The global demand scenario for Indian pharmaceutical industry is largely expected to remain stable due to inelastic nature of prescription drugs, investment information agency ICRA has said. ... read..

Kota based ALLEN Career Institute launches Live Online Interactive Classes
| September 26, 2020 12:12:20 PM IST
Kota (Rajasthan) [India] September 26 (ANI/PRNewswire): Kota, also known as Shiksha ki Kashi, has always been in the limelight for extraordinary results and is the most preferred destination for IITJEE & NEET aspirants. ... read..

Discover the beauty of Bhimtal in opulence with Rosefinch Sarovar Portico
| September 26, 2020 12:12:19 PM IST
New Delhi [India] September 26 (ANI/BusinessWire India): Sarovar Hotels Pvt Ltd announced the opening of Rosefinch Sarovar Portico in Bhimtal, Uttarakhand. Nestled in the picturesque region of Kumaon, this is Sarovar's first hotel in Bhimtal and sixth in ... read..

Normalisation from Covid-19 economic disruption to take longer in most SE Asia: S&P
Business | September 26, 2020 12:12:11 PM IST
Normalisation from Covid-19 economic disruption is expected to take longer in India, Japan, Australia and most of southeast Asia, according to a new report by S&P Global Ratings titled 'Asia Pacific's Recovery: The Hard Work Begins.' ... read..

RJio's post-paid plans indicate shift towards higher ARPU regime: Ind-Ra
Mumbai (Maharashtra) | September 26, 2020 11:12:12 AM IST
Reliance Jio Infocomm Ltd's (RJio) recently-announced post-paid plans indicate the telco's continued steps towards improving the industry-level average revenue per user (ARPU), according to India Ratings and Research (Ind-Ra). ... read..

ADB approves $300 million loan to develop Rajasthan's secondary towns
Manila | September 26, 2020 10:42:15 AM IST
The Asian Development Bank (ADB) has approved a 300 million dollar (about Rs 2,200 crore) loan to finance inclusive water supply and sanitation infrastructure and services in secondary towns of Rajasthan. ... read..

Hyd startup develops 'world's first social drinking platform'
Hyderabad | Saturday, 2020 6:45:06 AM IST
A Hyderabad-based startup has launched what it claims to be the world's first social drinking platform, which will also deliver liquor to people at their doorsteps. ... read..

Telangana permits reopening of bars, clubs, parks
Hyderabad | Saturday, 2020 5:15:06 AM IST
The Telangana government on Friday permitted re-opening of bars, clubs and parks, with immediate effect. ... read..

SBI plans to use biz correspondents for collection activities
New Delhi | Saturday, 2020 4:45:05 AM IST
Lending major State Bank of India (SBI) will use its vast network of business correspondents for collection activities as it plans to focus on "Financial Inclusion and Micro Markets (FI&MM)," especially in rural and semi-urban areas, SBI Chairman Rajnish ... read..

SEBI slaps Rs 1 cr fine on Rana Kapoor for violating disclosure norms
Mumbai | Saturday, 2020 4:45:05 AM IST
The Securities and Exchange Board of India on Friday imposed a fine of Rs 1 crore on former Yes Bank MD and CEO Rana Kapoor for violation of disclosure regulations regarding a transaction of Morgan Credits Pvt Ltd, an unlisted promoter entity of Yes Bank. ... read..

Vodafone case: India may have to pay Rs 85 cr if no more legal steps
New Delhi | Saturday, 2020 4:15:06 AM IST
The Indian government may have to pay a total of Rs 85 crore, in case it decides not to take any further legal recourse in the Vodafone arbitration matter of over Rs 20,000 crore retrospective taxation, sources said. ... read..

Used car leasing gains momentum amid pandemic: Survey
New Delhi | Saturday, 2020 4:15:05 AM IST
Amid subdued incomes and low demand in the auto segment caused by the pandemic, leasing demand for used cars has increased in comparison to brand new vehicles, according to a recent survey. ... read..

NHSRCL opens bids for 28 steel bridges, 88 km viaducts for Bullet train project
New Delhi | Saturday, 2020 3:45:05 AM IST
Giving pace to the ambitious 508 km-long Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor project, the National High Speed Rail Corporation Limited (NHSRCL) on Friday said that it has opened technical bids for 28 steel bridges and 88 km of viaducts betwe ... read..

Over 1 cr air passengers since flights restarted: Minister
New Delhi | Saturday, 2020 3:15:06 AM IST
Over 1 crore passengers have flown on domestic flights since recommencement of operations on May 25, Civil Aviation Minister Hardeep Singh Puri said on Friday. ... read..

India's forex reserves rise over $3 billion
Mumbai | Saturday, 2020 2:45:05 AM IST
India's foreign exchange reserves rose by $3.378 billion during the week ended September 18. ... read..

Jio partners with AeroMobile for in-flight mobile connectivity
Mumbai | Saturday, 2020 2:15:06 AM IST
Reliance Jio has partnered with Panasonic Avionics Corporation's subsidiary, AeroMobile, to launch India's first in-flight services for 'JioPostpaid Plus' users. ... read..

Govt to mull legal remedies in Vodafone's arbitration after studying verdict
New Delhi | Saturday, 2020 2:15:06 AM IST
The Centre will take a decision on further course of action including legal remedies among other options after studying the award and consulting with its counsels after Vodafone won the case against India over a retrospective tax demand of more than Rs 20 ... read..

Credit shell facility can't be availed by travel agents: Centre
New Delhi | Saturday, 2020 1:45:06 AM IST
The Supreme Court on Friday reserved its order on a plea seeking refund for airline tickets booked during the Covid-19 lockdown, after the Centre submitted that as per the "proposed formulation", the credit shell has to go to the account of the passenger, ... read..

Amazon Business announces 'anniversary sale' from Sept 25-30
New Delhi | Friday, 2020 11:45:06 PM IST
Amazon Business on Friday announced a special anniversary sale from September 25 to September 30 on account of completing three years of its services in India. ... read..

Vodafone wins arbitration against India for tax demand of Rs 20K cr (Ld)
New Delhi | Friday, 2020 11:45:06 PM IST
Vodafone has won the case against India over a retrospective tax demand of more than Rs 20,000 crore. ... read..

CBDT launches faceless income tax appeals
New Delhi | Friday, 2020 10:45:07 PM IST
The Central Board of Direct Taxes (CBDT) on Friday launched the Centre's much-publicised reform measure of faceless income tax appeals. ... read..

Sensex ends 6-day losing streak with 835-point surge (2nd Lead)
Mumbai | Friday, 2020 10:45:07 PM IST
Bargain hunting and positive cues from the Asian markets lifted the Indian stock market on Friday as it ended its six-day losing streak with the Sensex jumping over 800 points. ... read..

Vodafone wins arbitration against India for tax demand of Rs 20K cr
New Delhi | Friday, 2020 10:15:06 PM IST
Vodafone has won the case against India over a retrospective tax demand of more than Rs 20,000 crore. ... read..

West Bengal Government and UK India Business Council sign MoU to strengthen the state's industrial development
| September 25, 2020 9:42:12 PM IST
Kolkata (West Bengal) [India], September 25 (ANI/NewsVoir): The UK India Business Council has signed a Memorandum of Understanding (MoU) with West Bengal Industrial Development Corporation (WBIDC), the premier nodal agency of West Bengal's Industry, Comme ... read..

OYO launches 1-stop travel assistance, ties up with SRL, 1mg
New Delhi | Friday, 2020 8:45:07 PM IST
OYO Hotels & Homes on Friday has launched a one-stop solution for all travel-related assistance on the OYO app in India. ... read..

Appointments Committee of Cabinet's nod to SAIL board rejig
New Delhi | Friday, 2020 8:45:07 PM IST
In a bid to bring in decentralisation and better decision- making in the state-run Steel Authority of India Ltd (SAIL), the Appointments Committee of the Cabinet (ACC) has approved the restructuring of the company board. ... read..

Despite stay on BOB, Indian Bank classifies loan exposure to Reliance Home Finance as fraud
New Delhi | Friday, 2020 8:15:06 PM IST
Despite a stay by Delhi High Court on Bank of Baroda as the lead bank, Indian Bank has classified its loan exposure to Reliance Home Finance as fraud. ... read..

Small businesses optimistic about their recovery: Survey
New Delhi | Friday, 2020 8:15:06 PM IST
Around 80 per cent of Indian small business owners are optimistic that their business will survive the Covid-19 pandemic and 71 per cent say that they are confident of the measures taken to gain consumer trust, according to the survey by American Express. ... read..

Chinese goods worth Rs 20K Cr lying at ports
New Delhi | Friday, 2020 8:15:06 PM IST
Inflow of Chinese goods could see a rise in the October-December quarter as items worth about Rs 20,000 crore -- primarily comprising electronics and electrical items, gifts, toys, footwear, home and kitchen appliances -- still lie at the Indian ports wai ... read..

Diesel price falls again after 2-day pause, no relief on petrol
New Delhi | Friday, 2020 8:15:06 PM IST
Diesel price continued to decline on Friday after a two-day pause as the product prices fell globally while crude prices remained steady. ... read..

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