Business News

In a step further for resolution of retrospective tax disputes, the government has accepted Cairn Energy Plc’s undertakings to indemnify the former against future claims and withdraw any pending litigation or proceeding before any forum so…

Prime Minister Narendra Modi on Thursday said that the government has supported the banking sector in every way and added that this sector is very strong now. He said that the reforms in the last 6-7 years have led to the banking sector in…

The economy is likely to grow 7-7.5 per cent in the next fiscal year, the Economic Advisory Council to the Prime Minister (EAC-PM) said on Thursday, while observing that contact intensive sectors and construction should recover in 2022-23.…

Civil aviation Minister Jyotiraditya Scindia said Thursday the government is evaluating the process for normalising international flight operations, emphasising that it wants to return to normalcy while keeping in mind the pandemic…

Over the last month, Facebook Inc- which has since re-branded itself as Meta Platforms Inc- has been in the eye of the storm for fielding several allegations, including that the company chose to grow at the cost of its users’ safety and its…

Finance Minister Nirmala Sitharaman on Wednesday said that the new age industries will make a big difference to the growth of the Indian economy. Speaking at CII Global Economic Policy Summit, the finance minister said that, “…those who…

IndiGo, one of Asia’s biggest budget carriers, is mulling charging passengers for checked-in luggage as the airline prepares for a potentially fierce price war in India’s cutthroat air travel market, which is showing signs of recovery…

Indian digital payments company Paytm is set to make its stock market debut on Thursday, after its $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed last week. Paytm, which counts China’s Ant Group and…

The benchmark equity indices on the BSE and National Stock Exchange (NSE) ended over 0.5 per cent on Wednesday weighed by market heavyweights Reliance Industries (RIL) and HDFC twins. The S&P BSE Sensex slipped 314.04 points (0.52…

NEW DELHI: Rakesh Jhunjhunwala-backed new airline Akasa Air has ordered 72 '737 Max' aircraft from US-based aerospace company Boeing to launch service in India, a statement said on Tuesday. "Akasa Air's order includes two variants from…

NEW DELHI: India attracted "record" foreign direct investments in the last seven years and the trend is expected to continue in the coming years as well on account of major structural reforms being undertaken by the government, Commerce and…

NEW DELHI: Edtech major Byju's on Tuesday said it has updated its employee leave policy wherein staff and trainees will be able to work in a flexible manner, including availing period and child care leaves. This new policy is a…

NEW DELHI: Women professionals want to take on more responsibilities and play a larger role in operations, manufacturing, and engineering services sectors, and conducive policies and practices are needed to help gender inclusion in these…

Washington, Nov 16 (UNI/Sputnik) Akasa Air, a new airline targeting domestic travel in India, ordered 72 fuel-efficient 737 Max passenger jets valued at nearly $9 billion, Boeing said on Tuesday. "Akasa Air's order includes two variants…

NEW DELHI: E-commerce major Amazon India on Monday said it is currently investigating an issue, wherein its platform was allegedly used to source marijuana (ganja). Online marijuana racket busted in Madhya Pradesh Currently investigating…

Mumbai, Nov 15 (UNI) Mondelez International announced its commitment to advance a circular economy for plastic waste with a significant investment in the Circulate Capital Ocean Fund (CCOF), focused on advancing scalable business solutions…

San Francisco, Nov 15 (UNIXinhua) Amazon announced on Monday that more Black Friday deals than ever before will be available starting Nov. 25. Customers will be able to shop deals "with deep discounts on top products and must-have…

Securities and Exchange Board of India (Sebi) Chairman Ajay Tyagi on Sunday cautioned investors against getting lured by unrealistic returns and promises that are “too good to be true”. “Investors should be careful against getting…

While Covid was the worst period for airlines globally in terms of the loss of business, it was also a time that changed behaviours of both consumers and markets. One of the views echoed the most across the airline industry is that…

New Delhi, Nov 14 (UNI) Minister of Commerce and Industry, Consumer Affairs and Textiles Piyush Goyal on Sunday pushed the country's attractiveness as a destination for global trade and investment underlined by the country's capability to…