India

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Essar Steel's petition had challenged the RBI directive to banks for initiating insolvency proceedings against it

Jul 17, 2017

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Number of PSBs may go down to 12 as govt mulls consolidation

The 21 public sector banks are expected to be consolidated to 10-12 in the medium term.

Jul 17, 2017

GSTN portal to be ready for invoice uploading from July 24

Invoices for transactions above Rs 200 need to be generated on the GST network with records of serial numbers to claim input tax credit.

Jul 16, 2017

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Exports up for 10th month in June, but at slower rate of 4.4%

Cumulative trade deficit almost doubled in June to $40 billion riding on the back of rising gold imports.

Jul 15, 2017

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Gone with the wind? Inox Wind becomes first insolvency case in wind energy

Operational creditor Jeena & Company submitted to the company law tribunal that Inox Wind has outstanding payments of Rs 57.5 lakh as of March 25, 2017.

Jul 15, 2017

Held to account: NRIs may be asked to disclose financial details outside India

NRIs will have to share account numbers of overseas bank accounts, bank names and office locations with the tax office, says Economic Times report.

Jul 14, 2017

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Infibeam founder Vishal Mehta denies bidding for Snapdeal

Economic Times had quoted two sources in a report that the all-stock bid for Snapdeal was estimated to be about Rs 6,652.75 crore.

Jul 14, 2017

No child's play: GST migrations caused systems crashes at retail firms, says toy company

Ahead of GST launch on July 1, many retail firms suffered systems shutdowns while migrating from VAT-oriented taxation formats, hitting their supplies for a week.

Jul 14, 2017

Is supercluster 'Saraswati' 200 million billion times heavier than the Sun?

It is supposed to have originated some 10 billion years ago and might help us understand dark energy and its role in expansion and evolution.

Jul 14, 2017

Tilting at turbines: Fanning wind energy growth will need time; and, a perfect storm

India's renewable energy targets for 2022 seem steep for an industry hamstrung by spatial and technological limitations.

Jul 13, 2017

Low tea: Close to 18% of gardens in India are 'sick', cautions Tea Board

The board has advised tea garden owners to visit the top performing plantations to understand best practices and how to implement them.

Jul 13, 2017

Tata Steel sells two UK pipe mills to Liberty House Group

The mills in Hartlepool employ 140 people and have a production capacity of over 250,000 tonnes a year.

Jul 11, 2017

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Modi govt saved Rs 50,000 crore by removing corruption, says Ravi Shankar Prasad

1.16 billion people have entered the Aadhaar system so far, village level entrepreneurs will push it further.

Jul 11, 2017

Bharti Airtel to invest upto Rs 2,000 crore to improve services

New innovations under 'Project Next' will deliver a seamless real-time digital experience with new version of MyAirtel App.

Jul 10, 2017

Israel's Check Point Software to ramp up India operations

Israel's biggest tech company is looking to push value additions to its worldwide security products and services clients.

Jul 10, 2017

French regulator ANSM finds lapses at Biocon plant, stock falls 9%

Until the drug product facility gets clearance on a follow-up review, Biocon will not get marketing approval for its biosimilars.

Jul 10, 2017

Adarsh scam: Defence ministry probe indicts ex-Army chiefs Deepak Kapoor and Vij

Validates earlier Army probe; says Gen Vij appeared to have provided "protective umbrella" to the guilty.

Jul 9, 2017

India hits out at Pakistan for glorifying Hizbul Mujahideen commander Burhan Wani

Burhan Wani was killed in an encounter with Indian security forces last year on July 8 in 2016.

Jul 9, 2017

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Good in parts: Break-up of Air India an option as Modi pushes speedy sale

Modi's office has set a deadline of early next year to get the sale process for Air India underway

Jul 9, 2017

Tax dues: Income tax department to attach shares if Cairn doesn't cough up Rs 10,395 crore

In a notice, the Income Tax Department has given the British firm 15 days to repay or face attachment of shares.

Jul 9, 2017

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India

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Number of PSBs may go down to 12 as govt mulls consolidation

GSTN portal to be ready for invoice uploading from July 24

Exports up for 10th month in June, but at slower rate of 4.4%

Gone with the wind? Inox Wind becomes first insolvency case in wind energy

Held to account: NRIs may be asked to disclose financial details outside India

Infibeam founder Vishal Mehta denies bidding for Snapdeal

No child's play: GST migrations caused systems crashes at retail firms, says toy company

Is supercluster 'Saraswati' 200 million billion times heavier than the Sun?

Tilting at turbines: Fanning wind energy growth will need time; and, a perfect storm

Low tea: Close to 18% of gardens in India are 'sick', cautions Tea Board

Tata Steel sells two UK pipe mills to Liberty House Group

Modi govt saved Rs 50,000 crore by removing corruption, says Ravi Shankar Prasad

Bharti Airtel to invest upto Rs 2,000 crore to improve services

Israel's Check Point Software to ramp up India operations

French regulator ANSM finds lapses at Biocon plant, stock falls 9%

Adarsh scam: Defence ministry probe indicts ex-Army chiefs Deepak Kapoor and Vij

India hits out at Pakistan for glorifying Hizbul Mujahideen commander Burhan Wani

Good in parts: Break-up of Air India an option as Modi pushes speedy sale

Tax dues: Income tax department to attach shares if Cairn doesn't cough up Rs 10,395 crore

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious