Business News
ENS Economic BureauMay 25, 2020
Ordinarily, companies are not allowed to collaborate as concerted actions between competitors are presumed to cause an appreciable adverse effect on competition.
BloombergMay 24, 2020
Based on a review of IBM internal communications on the Slack corporate messaging service, the number of affected employees is likely to be in the thousands, said a North Carolina-based worker who lost his job
PTIMay 24, 2020
Natural gas output from Dhirubhai-1 and 3 gas fields in the KG-D6 block in the Bay of Bengal started to lag company projections from the second year of production itself in 2010 and the field
Nitin Gadkari: I am confident migrant labourers will return but we need to create confidence in their minds Subscriber Only
In an e-Adda hosted by The Indian Express, Nitin Gadkari, Union Minister of Road, Transport & Highways and MSME, spoke on clearance of dues to MSMEs, how to get demand back in the market and
ENS Economic BureauMay 24, 2020
The fund house said four of its fixed income schemes have invested in zero per cent Essel Infra Series 1 and zero per cent Essel Infra Series 2, which matured on May 22, 2020.
Aanchal MagazineMay 24, 2020
States compete to bring in sweeping changes to labour laws, ‘competition to attract capital’, say analysts Subscriber Only
A blanket suspension of labour laws, as has been in the case of UP, however, may not find favour, with the Centre leaning towards putting caveats in order to protect the rights of bonded labour,
Pranav MukulMay 24, 2020
Hopeful of starting good percentage of international ops before Aug-Sept: Hardeep Puri Subscriber Only
A senior government official, on condition of anonymity, said that the Civil Aviation Ministry has been monitoring the situation in countries like the US, the UK, Italy, the UAE, Singapore, Thailand, etc to assess whether
PTIMay 23, 2020
The government has already announced a Rs 20.97 lakh crore economic package, which includes Reserve Bank's Rs 8.01 lakh crore worth of liquidity measures till May 17.
Omkar GokhaleMay 23, 2020
HC allows Air India pilot to challenge new rule that does not mandate vacant middle seat Subscriber Only
The plea, filed by Commander Deven Kanani, stated that during the Vande Bharat Mission flights, Air India did not maintain physical distancing norms and filled all seats, endangering lives of the passengers.
PTIMay 23, 2020
Canara Bank's MD and CEO, L V Prabhakar, said: We are sure that once the lockdown is completely lifted, our customers would be able to avail the sanctioned facilities to the full extent and improve
BloombergMay 23, 2020
Hertz files for bankruptcy after rental-car demand vanishes Subscriber Only
After the coronavirus pandemic decimated revenue, the car renter sought relief from lenders and a bailout from the U.S. Treasury Department.
ENS Economic BureauMay 23, 2020
In order to push credit into the economy, the government has also clarified to bankers that no action will be taken against them for commercial decisions gone wrong.
ENS Economic BureauMay 23, 2020
In the survey, most respondents said that they would gravitate towards familiar products in a post-COVID-19 world; about 66 per cent would hold on to money rather than going ahead with their plan to buy
ENS Economic BureauMay 23, 2020
The transaction values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.
ENS Economic BureauMay 23, 2020
The amount includes corporate tax refunds of Rs 11,610 crore to over one lakh taxpayers and Rs 14,632 crore to 15.8 lakh assessees from other categories, including salaried individuals.
Prabha RaghavanMay 23, 2020
Amid worries over high level of pulses inflation, RBI Guv calls for re-appraisal of import duties Subscriber Only
Food inflation — which had eased in February and March — had “suddenly reversed” and surged 8.6 per cent in April “as supply disruptions took their toll immune to the ongoing demand compression”, said Shaktikant
ENS Economic BureauMay 23, 2020
Under the existing guidelines on the Large Exposures Framework, the exposure of a bank to a group of connected counterparties should not be higher than 25 per cent of the lender’s eligible capital base at
PTIMay 22, 2020
The US and the European Union, which together account for 64 per cent of India's readymade garment (RMG) exports, are staring at a recession, Crisil Research said in a report
PTIMay 22, 2020
The opening of seasonal roles at Amazon India also comes amid the spate of layoffs by tech-led companies like Swiggy, Zomato, ShareChat, Ola and some others over the past few days.
PTIMay 22, 2020
After falling over 450 points during the day, the 30-share index ended 260.31 points or 0.84 per cent lower at 30,672.59.
PTIMay 22, 2020
The company has made a decision to discontinue the manufacture and supply of Zinetac tablets (150 mg and 300 mg products) manufactured in India and will in due course request cancellation of the marketing authorisation
May 22, 2020
GST on contractual damages: Time for government to clear the air Subscriber Only
Levying of taxes on ‘contractual damages’ remains one of the most debated issues under the Goods and Services (GST) laws, and may soon become litigious, with an increase in claims for damages.
Express Web DeskMay 22, 2020
Reserve Bank of India (RBI) Governor Shaktikanta Das extended the moratorium on loan repayments by three more months in view of coronavirus (COVID-19).
Express Web DeskMay 22, 2020
Following the announcement by Reserve Bank of India (RBI) Governor Shaktikanta Das, the loan EMIs are set to get cheaper particularly the home loans that are linked to the marginal cost of funds-based lending rate
Express Web DeskMay 22, 2020
Reserve Bank of India (RBI) Governor Shaktikanta Das announced a cut in the repo rate by 40 basis points (bps) to 4 per cent, while the reverse repo rate was reduced simultaneously to 3.35 per
Advertisement
