Business news

Barclays charged with conspiracy to commit fraud over 2008 financial crisis fundraising

The lender and four former executives have all been charged with conspiracy to commit fraud, after a five year investigation into fundraising during the 2008 financial crisis. The charges centre around payments to Qatari investors, during Barclays £11.8bn ($14.9bn) fundraising to avoid being bailed out in 2008.

Jun 20, 2017

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Barclays charged with conspiracy to commit fraud over 2008 financial crisis fundraising

Jun 20, 2017

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Tata Motors subsidiary Jaguar Land Rover to hire 5,000 staff in Britain

JLR, which employs more than 40,000 people globally, said it would hire 1,000 electronic and software engineers as well as 4,000 additional personnel.

Jun 20, 2017

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SBI tops debit card transactions in April

The country's biggest lender reported debit card transactions worth Rs 11,720.73 crore in April,

Jun 19, 2017

F-16 enters Indian airspace; Tata, Lockheed flag 'Make in India' deal

The announcement of the agreement was made at the Paris Airshow on June 19, where both the companies said that moving the production base to India would still retain jobs in the United States.

Jun 19, 2017

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UTI Equity Fund completes 25 years of wealth creation and prosperity, declares tax-free dividend of 28%

The scheme has a proven track record for 25 years and has paid out total dividend of Rs.798 crore during the past 25 years.

Jun 19, 2017

GST cloud: Amazon suspends sellers' platinum rights

Cloudtail India, a top seller on the portal, which is a joint venture between Amazon.com and Infosys co-founder Narayana Murthy's Catamaran Ventures, has emerged as the sole Platinum seller.

Jun 19, 2017

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Domestic air traffic May 2017: Air India, GoAir gain; Indigo and SpiceJet lose market share

In May, Indian carriers flew 10 million passengers; national carrier Air India, low-cost GoAir marginally improved their market share while Indigo and SpiceJet saw a fall.

Jun 19, 2017

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GST effect: Your hotel expenses would come down

With the GST Council lowering the tax rate for hotels and restaurants at five star and luxury hotels, hotel bills are likely to drop.

Jun 19, 2017

Safe assets: Digging new foundations in the small towns

Retail and warehousing are being driven by availability of large tracts of land on highways outside the metros, the steadily improving infrastructure and possibility of higher yields.

Jun 19, 2017

Courting the kangaroo: Indians can apply online for Australia visitor visa

Indian nationals can now apply online for a visitor visa through the Department's Immi Account portal.

Jun 19, 2017

Mumbai's Taj Palace becomes first Indian building to get trademark

The hotel, which has been a defining structure of Mumbai's skyline, joins the exclusive club of trademarked properties across the world like the Empire State Building in New York, Eiffel Tower in Paris and the Sydney Opera House.

Jun 19, 2017

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Kamat Hotels, Leela Venture, Indian Hotels gain on partial GST relief; CDSL IPO opens today

The GST Council raised the threshold for 18 percent tax to Rs 7,500 room tariff from Rs 5,000 on Sunday; Sensex gains 142 points, CDSL initial public offering (IPO) opens.

Jun 19, 2017

GST Council allows late filing in first two months of tax regime launch

Companies need to file a complete return of their sales invoices by the 10th of the following month, with a second by the 15th, and a third return to calculate their tax bill.

Jun 18, 2017

Recovery time: Bankers to meet on Monday to decide on RBI's defaulter list

The 12 accounts were identified by the IAC after studying the top 500 ones in the banking system for defaulter urgency and insolvency potential.

Jun 18, 2017

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