Petrol price slashed by Rs 8.69

Petrol price on Sunday was slashed by Rs 8.69 a litre and diesel by Rs 7.05 per litre following the government...

Bhel back in black

State-owned engineering firm Bhel on Saturday returned to black by posting a consolidated net profit of Rs 912...

Excise: FM hits back at Opp

Finance Minister Nirmala Sitharaman on Sunday rebutted the Opposition's criticism of excise duty cut impac...

Infosys reappoints Salil Parekh as CEO

The board of IT services major Infosys has approved the reappointment of Salil Parekh as Chief Executive Offic...

Apple eyes India to produce iPhones

Apple Inc. is looking to India to help boost production outside China, people involved in these discussio...

Import duty on steel inputs cut

The government has waived customs duty on the import of some raw materials, including coking coal and ferronic...

Business  /  Published 21.05.22

IDBI Bank sells Ageas

IDBI Bank is divesting its entire stake in Ageas Federal Life Insurance Company Ltd (AFLI) to Ageas Insurance International NV (Ageas) for Rs 580.20 crore. The lender said in a regulatory filing to th...
By Our Special Correspondent in Mumbai

Business  /  Published 21.05.22

Jet gets back flight permit

Jet Airways is ready to fly again after a gap of three years. The Directorate General of Civil Aviation (DGCA) on Friday granted Jet the air operators certificate. The airline plans to resume commerc...
By Our Special Correspondent in New Delhi

Business  /  Published 21.05.22

Bangla cargo via rail allowed

The government has eased rules allowing the import of goods from Dhaka in sealed rail containers. The Central Board of Indirect Taxes and Customs (CBIC) has laid down the rules for imports in containe...
By R. Suryamurthy in New Delhi

India  /  Published 20.05.22

Jet Airways to fly after 3 years

Jet Airways will be able to take to the skies once again, after aviation regulator DGCA Friday granted it a revalidated Air Operator Certificate (AOC), allowing the airline to resume commercial flight...
By Our Bureau, PTI

Business  /  Published 20.05.22

Highest FDI inflow

India has received the "highest ever" total foreign direct investments (FDI) of USD 83.57 billion in 2021-22 on account of various measures like policy reforms and ease of doing business tak...
By Our Bureau, PTI in New Delhi

Business  /  Published 20.05.22

Sensex rallies 3%

Equity benchmarks bounced back sharply on Friday after facing a heavy drubbing in the previous trade, with the Sensex and Nifty jumping nearly 3 per cent, aided by positive trends from global markets ...
By Our Bureau, PTI in Mumbai

Business  /  Published 20.05.22

Inflation: Sitharaman flags concerns

Finance Minister Nirmala Sitharaman on Friday said "cartelisation is going to be a challenge" and stressed on the need to look at supply disruptions in order to ensure that there are no mono...
By Our Bureau, PTI in New Delhi

Business  /  Published 20.05.22

Ola, Uber get notice for unfair trade practices

Consumer protection regulator CCPA on Friday said it has issued notices to cab aggregators Ola and Uber for unfair trade practices and violation of consumer rights. The Central Consumer Protection Au...
By Our Bureau, PTI in New Delhi

Business  /  Published 20.05.22

US T20 league: Nadella leads investment

In a significant push to popularise cricket in the US, a USD 120 million funding has been secured from prominent Indian-American business leaders, including Microsoft CEO Satya Nadella and Adobe CEO S...
By Our Bureau, PTI in New York

Business  /  Published 20.05.22

Canada to ban China's Huawei, ZTE from 5G

Canada's government said it would ban the use of the two Chinese telecommunications giants' 5G gear due to national security concerns. The move follows similar bans in other Western countries....
By Deutsche Welle


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