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Pressure mounts on food apps to reduce discountsBusiness
Pressure mounts on food apps to reduce discounts

Last week, around 1,000 restaurants from across the country had decided to pull out of membership and restaurant...

20 Aug 2019 2:41 AM IST

FM says corporate tax for cos to be cut graduallyBusiness
FM says corporate tax for cos to be cut gradually

Corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 pc, said FM Nirmala...

19 Aug 2019 7:29 PM IST

Reliance Industries Ltd on Tuesday reported its highest-ever quarterly net profit of Rs 7,290 crore for the third quarter on refinery margins spiking to seven-year high.Business
Reliance again becomes most valued firm by market capitalisation

At close of trade on Monday, RIL-'s m-cap stood at Rs 8,19,073.62 crore, which is Rs 7,226.43 crore more than that of...

19 Aug 2019 7:08 PM IST

FHRAI asks food service aggregators to review discounting schemes or face protestsBusiness
FHRAI asks food service aggregators to review discounting schemes or...

FHRAI in a statement said it has asked food service aggregators to engage in a -'fruitful dialogue-' to arrive at a...

19 Aug 2019 6:39 PM IST

Airtel appoints Rajesh Tapadia as CEO of data-cloud bizBusiness
Airtel appoints Rajesh Tapadia as CEO of data-cloud biz

Tapadia has earlier worked with Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm.

19 Aug 2019 2:51 PM IST

PE-VC investment in India zooms to all-time high of USD 8.3 bn in July: ReportBusiness
PE-VC investment in India zooms to all-time high of USD 8.3 bn in...

According to EY-'s private equity deal tracker, July 2019 recorded investments worth USD 8.3 billion across 106 deals.

19 Aug 2019 2:46 PM IST

RBI rules out asset quality review of NBFCs for nowBusiness
RBI rules out asset quality review of NBFCs for now

IL&FS group-'s failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.

19 Aug 2019 1:13 PM IST

Apple CEO warns Trump about China tariffs, Samsung competitionBusiness
Apple CEO warns Trump about China tariffs, Samsung competition

Apple’s MacBook laptops and iPhones would not face the additional tariffs until December 15.

19 Aug 2019 9:54 AM IST

United Bank of India targets Rs 1,000 cr net profit in FY20Business
United Bank of India targets Rs 1,000 cr net profit in FY20

The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottomline of Rs 95 crore.

19 Aug 2019 9:36 AM IST

RSS\ economic wing sees Chinese telecom firms as security risk for IndiaBusiness
RSS-' economic wing sees Chinese telecom firms as security risk for...

US President Donald Trump’s administration put the company on a blacklist in May, citing national security concerns.

19 Aug 2019 8:32 AM IST

M&M says fiscal stimulus needed for India\s auto industryBusiness
M&M says fiscal stimulus needed for India-'s auto industry

M&M-'s Managing Director Pawan Goenka said that the auto maker has retrenched about 1,500 temporary workers since April...

18 Aug 2019 3:53 PM IST

Govt plans loan waiver for \small distressed borrowers\ under insolvency lawBusiness
Govt plans loan waiver for -'small distressed borrowers-' under...

The proposed waiver would be offered as part of -'Fresh Start-' provisions under the Insolvency and Bankruptcy Code.

18 Aug 2019 2:00 PM IST

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