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IRCTC files IPO draft papers, to offload 12.5 per cent

IRCTC files IPO draft papers, to offload 12.5 per cent

The IPO, which will be an offer for sale, would raise around Rs 500 to Rs 600 crore, said sources.

23 Aug 2019 1:08 AM IST

FMCG volumes may revive in Q4

FMCG volumes may revive in Q4

We believe demand will pick up from Q4FY20 once payouts under direct transfer schemes and better monsoon.

23 Aug 2019 1:03 AM IST

OMCs refuse fuel to Air India planes at 6 airports

OMCs refuse fuel to Air India planes at 6 airports

Air India on Thursday released Rs 60 crore on an urgent basis to clear a part of the dues of these OMCs.

23 Aug 2019 12:53 AM IST

Kerala ushers in the festival shopping season and for brands hoping to get a taste of trends, positive results from the tiny state are a must.

Indiaâ€™s new festival splurge: Grocery and apparel

Transactions at grocery stores accounted for 24 per cent of the total volume on Independence Day.

23 Aug 2019 12:48 AM IST

Floods: Insurers expect over Rs 1,000 crore claims

Floods: Insurers expect over Rs 1,000 crore claims

The state-owned Oriental Insurance Company (OIC) has received 400 claims from Kerala alone, worth around Rs 40 crore.

23 Aug 2019 12:32 AM IST

Oil companies stop fuel supply to Air India at 6 airports due to non-payment of dues

Oil companies stop fuel supply to Air India at 6 airports due to...

However, an official said the flight operations of the airline are currently normal and unaffected.

22 Aug 2019 8:24 PM IST

Small startups with turnover up to Rs 25 cr to get promised tax holiday: CBDT

Small startups with turnover up to Rs 25 cr to get promised tax...

Since the intention was to support the small startup, the turnover limit of Rs 25 crore was considered reasonable, CBDT...

22 Aug 2019 8:16 PM IST

NDTV interim CEO Suparna Singh resigns

NDTV interim CEO Suparna Singh resigns

NDTV said the matter will be placed before board and committee members for consideration.

22 Aug 2019 3:54 PM IST

CreditMate witness 15-20 pc rise in resolution of early stage delinquencies

CreditMate witness 15-20 pc rise in resolution of early stage...

The companyâ€™s suite of payment solutions helps lenders to collect debts faster and seamlessly from borrowers.

22 Aug 2019 2:26 PM IST

$What does Facebook\s plan to hire journalists mean for media industry?$ Business

What does Facebook-'s plan to hire journalists mean for media...

Stories will appear in a section called the -'news tab,-' which will be separate from the traditional news feed.

22 Aug 2019 1:52 PM IST

Zomato offers to restructure Gold scheme but restaurants stick to guns

Zomato offers to restructure Gold scheme but restaurants stick to guns

Zomato has shot off mass emails to its restaurant partners, outlining the steps it will take to limit the use of its...

22 Aug 2019 8:41 AM IST

India needs to reduce ecommerce restrictions to revive economy: Amazon executive

India needs to reduce ecommerce restrictions to revive economy: Amazon...

Indiaâ€™s revised ecommerce regulations, along with its push to compel multinationals to store data locally.

22 Aug 2019 8:33 AM IST