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Business

Rate hike may not be the answer

Are you feeling the squeeze on your food and fuel bills? Here’s more confirmation that you are paying mo...

DoT sticks to Trai 5G price

The Digital Communications Commission has stuck to the base price suggested by the Telecom Regulatory Authorit...
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Markets continue to rally

Benchmark indices continued their upward march for the third day running on Wednesday, with the Sensex jumping...

Little past comfort for LIC investors

On a day India’s largest initial public offer tanked on the bourses, voices from the government and brok...

IOC profit falls 31 per cent

Indian Oil Corporation (IOC), the nation’s largest oil company, on Tuesday reported a 31.4 per cent drop...

Twitter unmasks Musk on bots

Twitter Inc published its account on Tuesday of its deal negotiations with Elon Musk, showing he opted out of ...

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Business  /  Published 17.05.22

Twitter: Musk may pay lesser

Tesla CEO Elon Musk gave the strongest hint yet Monday that he would like to pay less for Twitter than his 44 billion offer made last month. Musk told a Miami technology conference that a viable deal...
By Our Bureau, PTI in Detroit

Business  /  Published 17.05.22

Stagflation fear in US, China shaky

US and China are feared to be experiencing an economic seizure. While the twin clouds of recession and stagflation are hovering over the US, China is enveloped by a renewed Covid crisis. The two econ...
By Andrew Ross Sorkin in New York

Business  /  Published 17.05.22

Jump in visa applications in 1st quarter

VFS Global, which processes visas for major European countries and North America, said applications have doubled in the first three months of 2022 compared to the same period of 2021 even as the volum...
By Our Special Correspondent in Calcutta

Business  /  Published 17.05.22

Global tax pact revival drive

US treasury secretary Janet L. Yellen arrived in Europe this week to join American allies in confronting multiple threats to the world economy: Russia’s war in Ukraine, soaring inflation and foo...
By Alan Rappeport and Liz Alderman in Warsaw

Business  /  Published 17.05.22

Push to raise air fares

Prices of jet fuel were hiked by a steep 5.3 per cent — the 10th straight increase this year — to an all-time high, in line with a surge in global energy prices. Airlines could now put pr...
By Our Special Correspondent in New Delhi

Business  /  Published 17.05.22

Birla Cap chief quits

NBFC firm Aditya Birla Capital Ltd (ABCL) on Monday said Ajay Srinivasan has decided to step down as MD and CEO of the company and his departure has nothing to do with an investigation into alleged ir...
By PTI in New Delhi

Business  /  Published 17.05.22

CII chief forecasts 7.4-8.2% growth

The economy is expected to expand by 7.4 per cent to 8.2 per cent under different crude price scenarios, the newly elected CII president Sanjiv Bajaj said on Monday. He said the rate hike by the Rese...
By Our Special Correspondent in New Delhi

Business  /  Published 17.05.22

Withholding tax reprieve

According to a BQPrime report, the sale of shares by Holderfin in Holderind will come under Article 13 (5) of the India-Netherlands DTAA due to which tax liability, if any, will arise only in the Neth...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.22

Anti-trust fines to be Adani liability

Holcim CEO Jan Jenisch on Monday indicated that the Adani group will be liable for anti-trust fines against Ambuja Cements and ACC which are being litigated in the Supreme Court. Speaking at an conca...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.22

Adani offer for ACC, Ambuja

“The ultimate beneficial ownership of Acropolis Trade and Investment Ltd is held by certain members of the Adani family,” the notice said. Adani will pay Rs 385 per share for the Swiss pa...
By Our Bureau in Mumbai


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