Business news

Cheaper Chinese Television effect: Sony slashes 120 jobs in India

Sony is facing a tough time in India with the market flooded with cheaper Chinese alternatives.

Feb 17, 2020

Airtel deposits Rs 10,000 crore AGR dues to telecom department; Vodafone Idea to pay next

Bharti Airtel said it is in the process of self-assessment of accounts and will duly make the balance payments before the next date of hearing (March 17). According to DoT, Bharti Airtel owes Rs 35,500 crore to DoT.

Feb 17, 2020

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Tata Trusts appoints new CEO: Srinath Narasimhan takes charge on April 1

Tata Trusts observed two major changes in upper management. Here's everything you need to know.

Feb 12, 2020

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Here's why Indian startups are registering their businesses abroad

Interestingly, India major start-ups including Oyo, Curefit, Lenskart, Urban Company and Paytm First Games, which began their operations in India are now also registering their new investment units in Singapore or the United States.

Feb 12, 2020

UAE banks are coming hard at Indian defaulters to recover Rs 50,000 crore debt

Indian loan defaulters who defrauded UAE banks won't find be able to find sanctuary in India.

Feb 8, 2020

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Huge pay gap in corporates: Wage gap between men and women CEOs doubles

The data also highlighted that the pay inequalities increase steeply with an increase in the work experience

Feb 8, 2020

Ayushman Bharat Scheme: Nirmala Sitharaman slashed budget to half; here's why

Finance Minister Nirmala Sitharaman in her budget speech significantly slashed the budget allocation for officially known as Pradhan Mantri Jan Aarogya Yojana (PMJAY) from Rs 6,400 crore to Rs 3,314 crore in the ongoing 2019-20 fiscal.

Feb 4, 2020

Budget 2020: What it means for the smartphone industry in India

Union Finance Minister Nirmala Sitharaman proposed a new scheme for promoting smartphone manufacturing in her Budget 2020 speech.

Feb 1, 2020

India Inc reaction on Budget 2020: Biocon chief Kiran Mazumdar-Shaw hails promise on ending tax harassment

Biocon Chairperson Kiran Mazumdar-Shaw on February 1 lauded Sitharaman for promising to end tax harassment of India Inc and correcting the Companies Act to decriminalise many non-compliances.

Feb 1, 2020

Budget 2020: Markets pin hopes on LTCG, DDT cut

Indian economy is witnessing a severe economic slowdown and requires concrete actions that include steps such as tax cuts in order to boost demand.

Jan 31, 2020

Here's what market is expecting from the Union Budget 2020

The Union Budget for the fiscal year 2020-21 will be presented by finance minister Sitharaman tomorrow at 11 am.

Jan 31, 2020

Who is Arvind Krishna, the new IBM CEO who replaced Ginni Rometty?

Former CEO of IBM Ginni Rometty has described him as the "right CEO for the next era at IBM" and "well-positioned" to lead the company into the cloud and cognitive era.

Jan 31, 2020

Infosys co-founder Narayana Murthy touches feet of Ratan Tata, Twitterati applauds

As the photos went viral, Twitterati have flooded the social media with their reactions.

Jan 31, 2020

Budget 2020: Fund allocation to PM Kisan scheme may be cut by 20%

As per government's plan, over 145 million beneficiaries were targeted but only 95 million farmers have been registered under the scheme of which 75 million have been verified through their Aadhaar.

Jan 30, 2020

What Banking service to be affected during 2-day strike from Jan 31?

Interestingly, the bank strike would coincide with the opening of the Budget session of the Parliament from January 31 when the Economic Survey would be published by the Ministry of Finance.

Jan 30, 2020