Business news

GST anti-profiteering case: Hindustan Unilever to take legal route against NAA order

Hindustan Unilever argued that it has always accepted Goods and Services Tax (GST) as a progressive tax which will benefit consumers and the industry both.

Dec 27, 2018

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iPhone made in Chennai: Foxconn to make high-end Apple devices in India - Report

In all probability Apple would look at exporting units made locally as cost-sensitive India is not yet a major market for it.

Dec 27, 2018

Patanjali sales slump for first time since 2013 due to stiff competition and distribution issues

The reasons attributed to the dip in sales and profits include stiff competition with many rivals companies, mostly multinationals, an introduction of natural and herbal products as well as its own distribution issues post-GST rollout.

Dec 27, 2018

Trump to invoke national emergency to ban China's Huawei and ZTE in US

In August, President Trump signed an order banning US government and government contractors from using Huawei and ZTE equipment.

Dec 27, 2018

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Centre's e-commerce policy tweak an election year tactic to please core constituency?

Narendra Modi government may have bowed to pressure from BJP's core constituency of offline small traders and businessmen battling online platforms

Dec 27, 2018

Jalan panel faces tough task of deciding adequate RBI reserves

Growing global uncertainties in a multi-polar world will make it difficult to arrive at the right amount of risk provisioning.

Dec 27, 2018

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Hindustan Unilever fined Rs 383.35 crore for GST profiteering

It is to be noted that this is the highest fine imposed by the NAA for profiteering complaint against any company which is more than double the amount it has already deposited in the Central Consumer Welfare Fund.

Dec 26, 2018

Gopalpur port, which was hit by two cyclones in 2013-14, has commenced normal operations in December last year.

Indian Oil drops plan to buy Mundra LNG terminal stake

State-owned oil major had finished due diligence after receiving board approval last year for taking 50 per cent stake in GSPC LNG's Rs 5,000-crore project.

Dec 26, 2018

Problems in telecom, aviation and real estate sectors affecting revenue collections: Arun Jaitley

The Union Finance Minister says excessive competition has led to a decline in tariffs affecting GST collection from several service industries.

Dec 26, 2018

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Gold surges across Asia as bears dominate equities

Traders seek out safe haven over US worries setting bullion on course for biggest monthly advance since August last year.

Dec 26, 2018

Are Tata and Mahindra pushing Toyota and Suzuki into a hasty alliance deal?

Tata Motors and Mahindra, which are duelling for the third spot in the Indian auto market, are now looking at adding value to their Indian offerings with the help of technological advancement that come from their foreign brands.

Dec 26, 2018

Chinese firms come out in support of Huawei, no promotion and incentives to employees using iPhones

While some firms in China are reportedly providing subsidies to workers purchasing Huawei phones, others are said to be more aggressive in their stand against the US and Apple products and denying workers promotions and incentives if they use iPhones.

Dec 26, 2018

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Business news

GST anti-profiteering case: Hindustan Unilever to take legal route against NAA order

iPhone made in Chennai: Foxconn to make high-end Apple devices in India - Report

Patanjali sales slump for first time since 2013 due to stiff competition and distribution issues

Trump to invoke national emergency to ban China's Huawei and ZTE in US

Centre's e-commerce policy tweak an election year tactic to please core constituency?

Jalan panel faces tough task of deciding adequate RBI reserves

Hindustan Unilever fined Rs 383.35 crore for GST profiteering

Indian Oil drops plan to buy Mundra LNG terminal stake

Problems in telecom, aviation and real estate sectors affecting revenue collections: Arun Jaitley

Gold surges across Asia as bears dominate equities

Are Tata and Mahindra pushing Toyota and Suzuki into a hasty alliance deal?

Chinese firms come out in support of Huawei, no promotion and incentives to employees using iPhones

Gold holds near six-month peak on weak risk appetite

Max India to sell health-care assets to Radiant Life Care

GST rate cut: Anti-profiteering watchdog fines HUL Rs 383 crore

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]