New Delhi: At least two PSU merger and acquisition deals would be concluded by the government in the current fiscal to reach closer to the higher disinvestment target of Rs 1,05,000 crore. Top sources in the government said that the deal where the NTPC will buy the entire government stake in hydro-power generator SJVNL and […]
Chennai: Korean automobile major Hyundai Motor is developing an electric vehicle for the mass market and will launch it in a couple of year’s time, said a top company official. “Hyundai Motor is transforming into a mobility solutions provider from and automobile company,” S.S. Kim, Managing Director and CEO, Hyundai Motor India Ltd told reporters […]
New Delhi: Good news for train passengers as Railway Minister Piyush Goyal on Wednesday said that presently there is no proposal to discontinue the flexi fare scheme. At present, flexi fare is applicable to only 141 out of 13,452 trains and railways has not lost traffic to other mode of transport like airlines. Goyal also […]
New Delhi: The Prime Minister’s Office (PMO) wants the Finance Ministry to re-look the idea of issuing foreign currency overseas sovereign bonds and critically examine issues raised by former bankers and economists before taking any call on implementing the budget proposal. The PMO has asked the ministry to seek more consultation from stake-holders before proceeding […]
It is high time that you must now how to file income tax return (ITR). Persons having salary as the source of income must declare their source of income. Though the Centre has extended deadline for filing of ITR till August 31, salaried individuals should know what are the documents required for the process. Instead […]
San Francisco: Apple has announced the acquisition of chip-maker Intel’s smartphone modem business for $1 billion. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases, the Cupertino-based iPhone maker said in a statement late Thursday. The transaction is expected to close in the fourth quarter of 2019. “This agreement enables […]
Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty opened on a cautious note on Friday tracking weak global cues, amid sustained foreign fund outflow. The 30-share index was trading 3.11 points or 0.01 per cent higher at 37,834.09 at 0945 hours; and the broader Nifty was also quoting flat at 11,252.15. In the previous […]
New Delhi: Gold prices on Friday fell by Rs 140 to Rs 35,730 per 10 grams in the bullion market here due to lacklustre demand from jewellers, according to the All India Sarafa Association. Silver also declined by Rs 150 to Rs 42,150 per kg due to reduced offtake by industrial units and coin makers. […]
Bhubaneswar: In a bid to assist its customers, right from choosing plans, to recharge and making payments, Reliance Jio has introduced Jio Saarthi, an interactive in-app genie. Jio Saarthi is integrated in MyJio and promises seamless digital recharges, the company said. The Jio Saarthi will help and guide the users from choosing a plan till […]
New Delhi: Close on the heels of Union Budget providing tax relief for buying electric vehicles, the GST Council in its 36th meeting on Saturday cut the tax on electric vehicles (EV) from 12 per cent to 5 per cent effective August 1, 2019. The Council has also slashed rate for EV chargers from 18 […]
New Delhi: After rapidly expanding its presence in Asia, Europe and the Middle East, India’s largest air passenger carrier IndiGo plans to add destinations such as Hanoi and Chengdu to its flight schedule from September quarter onwards. IndiGo’s Chief Commercial Officer William Boulter told IANS that the airline has received clearances from the Vietnamese authorities […]
Mumbai: The rupee opened on a weak note and fell 6 paise to 68.95 against the US dollar in early trade on Monday amid foreign fund outflows and cautious opening in domestic equities. At the Interbank Foreign Exchange, the rupee opened weak at 68.92 then fell to 68.95 against the US dollar, showing a decline […]
Mumbai: Equity benchmark BSE Sensex and NSE Nifty were trading on a cautious note in the morning trade on Monday following weak cues from Asian peers amid sustained foreign fund outflow. The 30-share index was trading 33.48 points or 0.09 per cent higher at 37,916.27 in the morning trade; while the broader Nifty was slightly […]
Washington: US multinational financial services company Mastercard on Tuesday announced a commitment of USD 10 million to address the “gut-wrenching” situation of surging COVID-19 crisis in India. To be delivered…
Kochi: In a bid to benefit millions of Internet users and connect the next billion users, global networking giant Cisco has teamed up with Google to roll out free, high-speed public Wi-Fi access globally, starting with India. The first pilot under the partnership has been rolled out at 35 locations in Bengaluru, Cisco said here […]
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