Title Description Posted Date
Start-ups get partial relief as Centre e

New Delhi, Jan 17 (IBNS): In a bid to give relief to start-up founders and investors dealing with the issue of "Angel Tax", the government has notified changes in Section 56 of the Income Tax Act, officials said on Thursday.

17-Jan-2019
Lenders in talks for Jet Airways' restru

New Delhi, Jan 17 (IBNS): The State Bank of India on Thursday said lenders of Jet Airways are considering a plan to resolve the debt issues faced by the Indian aviation major.

17-Jan-2019
Amid financial crisis, Jet Airways assur

Mumbai, Jan 16 (IBNS): Debt ridden aviation company Jet Airways on Wednesday 'denied' the conjecture that is being made about the longevity of the operations of the company by a section of the media. 

16-Jan-2019
Exide launches Power NXT UPS systems for

Kolkata, Jan 16 (IBNS): Exide Industries Ltd, an acid storage battery maker, launched a new range of next generation online UPS named Power NXT.

16-Jan-2019
Cabinet approves expenditure sanction fo

New Delhi, Jan 16 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to expenditure sanction of Rs.4,241.97crore for Integrated E-filing &Centralized Processing Center 2.0 Project of the Income Tax Department.

16-Jan-2019
Etihad Airways flies world's first fligh

Abu Dhabi, Jan 16 (IBNS): The Sustainable Bioenergy Research Consortium (SBRC), a non-profit entity established by Masdar Institute that is part of Khalifa University of Science and Technology, on Wednesday announced the world’s first commercial flight using locally produced sustainable fuel on an Etihad Airways Boeing 787 powered by GE’s GEnx-1B engines.

16-Jan-2019
SBI, other lenders working on comprehens

Mumbai, Jan 16 (IBNS): Amid reports of a possible bailout by Etihad Airways, Indian aviation major Jet Airways on Wednesday said currently State Bank of India and other lenders and stakeholders are working on a resolution plan to create a turnaround of the crisis hit airline.

16-Jan-2019
Uber launches operations in Patna

Kolkata, Jan 15 (IBNS): Uber, an on-demand ride-sharing company, announced its launch in Patna on Tuesday, enabling consumers in the city to book rides on UberGO by simply downloading the Uber app.

15-Jan-2019
SpiceJet flags off daily direct Lilabari

New Delhi, Jan 15 (IBNS): Aviation major SpiceJet on Tuesday flagged off a daily direct flight on the Kolkata-Lilabari route, under the regional connectivity scheme, UDAN.

15-Jan-2019
Airtel becomes first operator to launch

Port Blair/New Delhi, Jan 15 (IBNS): Bharti Airtel, India’s leading telecommunications services provider, on Tuesday announced the launch of its 4G services in Andaman and Nicobar Islands.

15-Jan-2019
Global smartphone production volume may

Seoul, Jan 15 (IBNS): Global smartphone production volume for 2019 is expected to be 1.41 billion units, a decrease of 3.3% compared with 2018, according to the latest report by market research firmTrendForce.

15-Jan-2019
Uzbekistan is a partner country of Vibra

Ahmedabad, Jan 15 (IBNS): President of Uzbekistan Shavkat Mirziyoyev will attend the Vibrant Gujarat international investment summit as a key guest of the Prime Minister Narendra Modi on January 18-20, 2019.

15-Jan-2019
Kolkata MBA students get a lesson in how

Kolkata, Jan 14 (IBNS): Kolkata-based Bengal Institute of Business Studies (BIBS) recently organised a seminar titled “Learnings for Life” for its MBA students to acquaint them with changing scenarios and how to boost confidence.

15-Jan-2019
Global creative economy shows resilience

Washington, Jan 15 (IBNS): With export growth rates of over 7% over 13 years, global trade in creative goods is an expanding and resilient sector buoyed by China, according to a new UNCTAD report.

15-Jan-2019
India's retail inflation falls to 2.19%

New Delhi, Jan 14 (IBNS): India's retail inflation touched 2.19% in December 2018, official data released on Monday said.

14-Jan-2019
Fifteenth Finance Commission to visit Tr

New Delhi, Jan 14 (IBNS): Furthering its dialogues with the different states of the country, the 15th Finance Commission will be visiting Tripura from Jan 16 – 18. 

14-Jan-2019
ESCAP-Energy Foundation China sign agree

Beijing, Jan 14 (IBNS): The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Energy Foundation (EF) on Monday signed a memorandum of understanding (MoU) to deepen their collaboration in promoting sustainable energy for economic development and environmental protection in the region.

14-Jan-2019
Wholesale inflation down to eight month

Mumbai, Jan 14 (IBNS) :Wholesale inflation eased to 3.80 per cent (provisional) in December from 4.64 per cent in the previous month, recording eight month low, the Government said on Monday.

14-Jan-2019
West Bengal minister Amit Mitra attends

Kolkata, Jan 12 (IBNS): West Bengal finance and industry minister Amit Mitra this week attended an interactive session on Gas Industry which was organised by FICCI West Bengal State Council here.

12-Jan-2019
Major Indian ports register positive gro

New Delhi, Jan 12 (IBNS): The major ports in India have recorded a growth of 3.77% and together handled 518.6 million tonnes of cargo during the period April to December 2018 as against 499.7 million tonnes handled during the corresponding period of previous year, officials said on Saturday.

12-Jan-2019
MG Motor India forays into Punjab with s

Chandigarh, Jan 12 (IBNS): As part of its commitment to the Punjab market, British carmaker MG Motor India on Saturday showcased its global product line-up in Chandigarh, ahead of the launch of its first SUV HECTOR in Q2 2019.

12-Jan-2019
Tata Motors Group global wholesales at 1

Mumbai, Jan 11 (IBNS): Automobile major Tata Motors Group on Friday said its global wholesales in December 2018, including Jaguar Land Rover, were at 100,551 nos., lower by 13.9%, as compared to December 2017.

11-Jan-2019
India's November industrial production g

New Delhi, Jan 11 (IBNS):   India's factory production decelerated in November and marked a rise of only 0.5 percent, official data released on Friday said.

11-Jan-2019
Airlines major Etihad announces global s

Mumbai, Jan 11 (IBNS): Etihad Airways, the national airline of the United Arab Emirates, on Friday announced its global sale. Guests flying from India to Abu Dhabi, United States, Europe, Canada, Australia and Africa can plan their travels for the new year with these special fares, exclusively available on Etihad.com for the first two days, following which the discounted fares will be available on all platforms.

11-Jan-2019
Arun Jaitley announces doubling of tax e

New Delhi, Jan 10 (IBNS): In a bid to woo a certain section of the people ahead of the 2019 General Elections, the central government on Thursday announced a doubling of tax exemption limit for all small businesses, media reports said.

10-Jan-2019
Airbus delivers 800 commercial aircraft

Leiden (Netherlands), Jan 10 (IBNS): Airbus SE (stock exchange symbol: AIR) delivered 800 commercial aircraft to 93 customers in 2018, meeting its full year delivery guidance and setting a new company record. Deliveries were 11 percent higher than the previous record of 718 units, set in 2017. For the 16th year in a row now, Airbus has increased the number of commercial aircraft deliveries on an annual basis.

10-Jan-2019
Kotak Mahindra General Insurance Company

Kolkata, Jan 9 (IBNS): Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) recently inked a Corporate Agency agreement with Repco Home Finance Limited (Repco) to deliver General Insurance products to Repco customers. 

09-Jan-2019
India will accelerate to 7.3 percent in

Washington, Jan 9 (IBNS): The World Bank on Tuesday projected that India will accelerate to 7.3 percent in FY 2018/19.

09-Jan-2019
Global economy to slow to 2.9 percent in

Washington, Jan 9 (IBNS): Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank said on Tuesday. International trade and manufacturing activity have softened, trade tensions remain elevated, and some large emerging markets have experienced substantial financial market pressures.

09-Jan-2019
Bengal Chamber, CENERS-K jointly organis

Kolkata, Jan 8 (IBNS): To address the threat of Cyber terrorism and the Economy, a daylong Seminar on “Cyber Terrorism and the Economy- A Gathering Storm” will be held in Kolkata on Jan 16.

08-Jan-2019
Jaguar Land Rover India announces 16 per

Mumbai, Jan 8 (IBNS): Jaguar Land Rover India on Tuesday said it has announced a growth of 16 percent for the period January to December 2018.

08-Jan-2019
RBI appoints Aadhar architect Nandan Nil

Mumbai, Jan 8 (IBNS): The Reserve Bank of India on Tuesday said Infosys co-founder Nandan Nilekani, the architect of Aadhaar card, has been appointed as the chairman of the committee formed by it to assess the digitisation of payments in the country.

08-Jan-2019
Infosys co-founder Nandan Nilekani to he

Mumbai, Jan 8 (IBNS): In a major move, the Reserve Bank of India on Tuesday appointed Infosys co-founder Nandan Nilekani as the chairman of a committee that will assess the digitisation of payments in India.  

08-Jan-2019
Improving India’s electricity sector t

New York, Jan 8 (IBNS): With some US$100bn of existing and proposed thermal power plants in financial distress, and low cost but variable renewable energy capacity best able to meet the ambitious targets set by government, India has an opportune moment to transform its electricity sector by introducing day-ahead market pricing for both producers and consumers.

08-Jan-2019
India takes over operations of part of C

New Delhi, Jan 8 (IBNS): The Government of India took over the operations of a part of Shahid Beheshti Port, Chabahar in Iran during the Chabahar Trilateral Agreement meeting held there on the Dec 24.

08-Jan-2019
SAIL expected to supply 10 lakh tonnes o

New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works.

07-Jan-2019
Shell launches second cohort of start-up

Kolkata / Bengaluru, Jan 7 (IBNS): Riding on the success of the first cohort of the E4 (Energizing and Enabling Energy Entrepreneurs) programme in 2018, Shell has announced its second cohort of start-ups under the E4 aegis, to further strengthen its position as a partner of choice for energy-sector entrepreneurs in the country.

07-Jan-2019
SAIL expected to supply 10 lakh tonnes o

New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works. 

07-Jan-2019
Direct Tax collections for F.Y. 2018-19

New Delhi, Jan 7 (IBNS): The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs. 8.74 lakh crore which is 14.1% higher than the gross collections for the corresponding period of last year, official data released on Monday said.

07-Jan-2019
India's GDP estimated to grow at 7.2 per

New Delhi, Jan 7 (IBNS): India's Gross Dometic Product will grow at a rate of 7.2 per cent in 2018-2019 session, official data released on Monday said.

07-Jan-2019
Volkswagen makes its ownership experienc

Kolkata, Jan 7 (IBNS): Automobile giant Volkswagen on Monday reinstated its commitment to the Indian market by offering affordable ownership experience across its carlines.

07-Jan-2019
Uber strengthens India leadership, appoi

Kolkata, Jan 7 (IBNS): Uber,an on-demand ride-sharing company, on Monday announced the appointment of Pavan Vaish as the new Head of Central Operations. Pavan joins Uber with over 25 years of experience in building and leading global technology businesses.

07-Jan-2019
We believe liquidity needs are largely m

Mumbai, Jan 7 (IBNS): RBI governor Shaktikanta Das on Monday said steps will be taken if there is a liquidity shortage in the economy.

07-Jan-2019
Companies likely to seek extension of FD

Mumbai, Jan 5 (IBNS): Several online companies, including Flipkart, are likely to seek an extension of the deadline to follow the recent changes in the Foreign Direct Investment (FDI) rules for e-commerce, media reports said.

05-Jan-2019
Fifteenth Finance Commission to visit Od

New Delhi, Jan 4 (IBNS): The Fifteenth Finance Commission led by its Chairman, N.K. Singh will visit the State of Odisha from Jan 8 to 11, officials said.

04-Jan-2019
LIC shows profit of Rs.26,147.52 crore i

New Delhi, Jan 4 (IBNS): Life Insurance Corporation of India (LIC)t has realised a profit of Rs.20,269.47 crore and Rs.26,147.52 crore in the financial years 2016-17 and 2017-18 respectively, minister said on Friday.

04-Jan-2019
Different Income Heads Taxable Under the

There are five different heads on income described under the Income Tax Act 1961, which cover every taxable source of income in India and help consolidate them. At the end of each year, you have to classify your annual earnings under these heads and calculate the amount of tax payable by you.

04-Jan-2019
Now is the Perfect Time to Buy Gold –

Gold is historically viewed as an investment hedge that stays strong even as inflation ravages the economy. Most investors think of it as an insurance policy when bad times roll, as fiat currency and other assets waver in difficult times. The current geopolitical climate has only consolidated the status of gold as a robust safe haven asset.

04-Jan-2019
India merger and acquisitions reached al

Mumbai, Jan 4 (IBNS) The value of announced mergers & acquisitions (M&A) deals involving Indian companies reached US$129.4 billion in 2018, a 104.5% increase in value from last year, surpassing the annual record set in 2007 (US$67.4 billion), according to Thomson Reuters India M&A data for 2018.

 

04-Jan-2019
Hero Motocorp crosses 8 million sales ma

New  Delhi, Jan 2 (IBNS): Automobile giant Hero MotoCorp, the world’s largest two-wheeler manufacturer, capped-off the Calendar Year (CY) 2018 with yet another significant benchmark, by selling a record 8,039,472 units of motorcycles and scooters in the January-December period.

02-Jan-2019
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