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The telecom industry on Wednesday reiterated the demand for a refund of Rs 35,000 crore GST credit. (PTI Photo)

Telcos seek Rs 35k cr GST refund, pending payment of Rs 20k cr from...

The telecom industry has unutilized GST input tax credit over Rs 35,000 crore for which the sector has repeatedly...

15 May 2020 2:21 PM IST

Mphasis Q4 net profit jumps 32.7 pc to Rs 353.2 cr. (Photo- ANI)

Mphasis consolidated net profit rises 32.7% in the March 2020 quarter

Its revenue from operations grew 15.8 per cent to Rs 2,346.1 crore in the quarter from Rs 2,024.9 crore in the year-ago...

14 May 2020 12:32 PM IST

Hyderabad: Park Hyatt Hotel , Banjara Hills. (Deccan Chronicle Photo)

Hyatt to lay off 1,300 employees as pandemic cripples travel

Hyatt said it had also cut pay for senior management, board members and all employees in corporate offices as part of a...

13 May 2020 8:54 AM IST

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown. (AFP Photo)

Start-ups get creative as coronavirus crisis fuels funding crunch

A group of the top venture firms warned startups this month that it will be very difficult to raise financing anytime...

11 May 2020 2:18 PM IST

IndiGo to cut salaries of senior employees from May

IndiGo to cut salaries of senior employees from May

IndiGo announced pay cuts for its senior employees on 19 March, it had rolled them back on 23 April in deference to...

8 May 2020 1:18 PM IST

Uber on Wednesday said it would lay off 3,700 full-time employees, or roughly 17 percent of its head count. (AFP Photo)

Uber reports massive losses, to lay off 3,700 employees

Uber recorded $3.54 billion in total revenue for the first three months of the year, but still posted a $2.9 billion...

8 May 2020 11:18 AM IST

Vista Equity Partners to pick up 2.32% stake in Jio Platforms for Rs 11,367 cr. (PTI Photo)

Vista Equity Partners to invest in Reliance Jio

Vista's investment will translate into a 2.32 percent equity stake on a fully diluted basis, making Vista largest...

8 May 2020 9:01 AM IST

Budweiser brewer hit by pandemic to invest more in e-commerce. (PTI Photo)

Budweiser to invest more in e-commerce as virus hits offline demand

The company said it would keep up efforts to market its premium and super-premium beers

7 May 2020 3:19 PM IST

Kotak Mahindra Bank cuts 10% pay for all staff earning above Rs 25 lakh. (PTI Photo)

Kotak Mahindra Bank announces 10% pay cut for staff earning above Rs...

The move comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21

7 May 2020 1:39 PM IST

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Date for filing GST return extended to September 30

A notification has been issued to extend the time limit for furnishing of annual (goods and services tax) return

7 May 2020 12:45 PM IST

Multinational companies looking to move out of China should consider Assam, with its abundant natural resources. (PTI Photo)

Assam woos MNCs moving out of China

Tea industry loses Rs 600 crore due to lockdown.

7 May 2020 11:36 AM IST

Zomato India mulls liquor deliveries over surge in demand

Zomato India mulls liquor deliveries over surge in demand

Zomato would target areas that are relatively less affected by Covid-19

7 May 2020 11:12 AM IST