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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

Patanjali is the 'most overhyped brand' in India: Marico chief

Harsh Mariwala says that in most cases, Patanjali products are struggling with a market share of 2-3 percent.

Jun 18, 2017

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Airbnb buying Indian-founded background check startup

Airbnb has worked with Trooly since 2015 to weed out trouble makers from its host and guest listings. The acquisition of Trooly is expected help Airbnb consolidate host and guest data to make oversight more efficient.

Jun 18, 2017

Growth rage? Angry Birds may look at tapping markets

Angry Birds creator Rovio just returned to profit last year with its movie The Angry Birds, which became the third highest grossing animation feature in China.

Jun 17, 2017

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Infosys: Key takeaways from annual report 2017

India's second-largest IT services company Infosys, headed by CEO Vishal Sikka will be holding its 36th AGM on June 24.

Jun 17, 2017

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After TCS, focus now shifts to Infosys AGM

Infosys will be holding its 36th annual general meeting (AGM) on June 24 in Bengaluru, amid rumours of stake sale by founders and charges of activism.

Jun 17, 2017

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Amazons Jeff Bezos asked Twitter for philanthropy ideas and Twitter responded

Amazon founder and CEO Jeff Bezos wanted ideas for philanthropy. So he sent a tweet to his more than 220,000 followers, asking for suggestions. Here are some of the most interesting answers.

Jun 17, 2017

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LGBT men from Chechnya arrested and tortured because of their sexuality

Two men from Chechnya said they were detained by police and subjected to torture and beatings because they were homosexual, which is considered a crime by some in their deeply conservative region of Russia.

Jun 17, 2017

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