Business news

India unveils plans to phase out tax exemptions for companies

Over four years, the government plans to lower corporate tax from 30% to 25%, Arun Jaitley had said

Nov 22, 2015

French cognac makers step up U.S. efforts as sales decline in China

Producers of the drink now need to reach other groups to help fill the space left by China.

Nov 22, 2015

US pushes China for greater market access in trade talks

U.S experts argue that Chinese hackers have continued to penetrate firms in United States.

Nov 22, 2015

Modi govt's gold bond scheme flops; garners only around Rs 150 crore

Bankers said the high issue price was the biggest dampener.

Nov 22, 2015

Monetary policy risks becoming futile in low-growth world, says ECB's Coeure

He calls for academics and policy-makers to address issues at the root of a global economic malaise.

Nov 22, 2015

VW denies report of declining sales after emission scandal

Feedback from representatives of various dealerships paints a different picture, says VW.

Nov 22, 2015

Taj Hotels to end management contract for 2 Gateway Hotel properties

The Indian Hotels Company said it will continue managing the two properties as previously agreed until 9 May 2016.

Nov 22, 2015

Omnicom to acquire Brazil advertising group ABC for $270 million: Sources

Under terms of the deal, its value could reportedly change at the end of that period because of performance.

Nov 22, 2015

GST bill, F&O expiry hold key to Sensex next week

Markets will remain closed on 25 November on account of Guru Nanak Jayanti.

Nov 21, 2015

Accenture aims to increase its global female employee count to 40% by 2017

Currently, it has around 3.6 lakh employees globally.

Nov 21, 2015

India to host 43rd session of International Pepper Community

The event will be held at Mysore (Mysuru) from 22 to 25 November.

Nov 21, 2015

Volkswagen AG cuts $1.1 billion from future investment plan as scandal expands

Emissions issues in larger luxury cars and SUVs extend to an additional 75,000 vehicles dating back to 2009.

Nov 21, 2015

Pfizer, Allergan CEOs agree on roles in merged company

Pfizer CEO Ian Read will be CEO of the combined company.

Nov 21, 2015

NLC diversifies into coal mining; plans to generate 19,000 MW by 2025

Coal and Power Minister Piyush Goyal assured that NLC is keen to set up solar power plants.

Nov 21, 2015

Enforcement Directorate serves notice to NDTV about FEMA 'violations'

NDTV said it had been advised that the allegations of the contraventions of provisions in the show-cause notice were not legally tenable.

Nov 21, 2015

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