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Some of these changes have been made with respect to changes in income tax laws made in Budget 2018 for 2018-19 and onwards.

Cash-starved Jet Airways, which has around 23,000 employees, has delayed payment of salaries to the employees, including pilots.

Earlier this month, the World Bank said India's GDP growth was expected to accelerate moderately to 7.5 per cent in fiscal year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption.

The US imposed economic sanctions on Venezuela in late January 2019 with a view to curb the country's crude exports and put pressure on socialist President Nicolas Maduro to step down.

Tesla said its directors reviewed the composition of the board "focusing on a phased streamlining of the size of the Board to allow it to operate more nimbly and efficiently."

Over the past one year, government has cleared all appointments suggested by the BBB, including that of non-executive chairpersons Punjab & Sind Bank, Dena Bank, Central Bank of India and Bank of Baroda

The bank’s exposures to Srinagar Banihal Expressway (Rs 200 crore) and Maa Mahamaya Industries (Rs 51 crore) are being offered on a 100 per cent cash basis.

After stablising a struggling Microsoft, Business Insider says, Satya Nadella has his eyes set on artificial intelligence, edge computing, and augmented reality.

The company said the capital infusion will help it continue investments in future roll-outs to build large network capacity and create content and technology partnerships to ensure the strong customer experience.

According to sources, a number of pilots and cabin attendants that have joined low-cost carriers like SpiceJet and IndiGo at a significant pay cut.

Reliance is not among the parties that submitted an Expression of Interest (EoI) to the lenders for acquiring Jet Airways. One source, who did not wish to be identified, said it may join UAE-headquartered Etihad

Jet has offered to offload between 32.1 per cent to 75 per cent stake to an eligible investor after evaluating all bids. Till now, the lenders have received expression of interest (EoI) from four-five parties.

From a pool of 450 senior management personnel across nationalised banks, an inaugural batch of around 75 personnel has been identified this year to help nationalised banks take on the current and emerging challenges.

Shares in Nissan, mired in a financial misconduct scandal involving Ghosn and the company itself, were trading down 1.2 per cent early on Friday, versus a 0.6 per cent rise in the broader market.

Munoz is the latest foreign executive to be brought in to a South Korean automaker dominated by lifelong loyalists, as heir-apparent Euisun Chung strengthens control of the conglomerate chaired by his aging father.

Air India’s Chairman and Managing Director Ashwani Lohani said: “In tune with Air India’s role and responsibilities as the national carrier, we would be happy to alleviate this inconvenience by considering the possibility of operating

A regulatory sandbox usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may or may not permit certain regulatory relaxations for the limited purpose of the

The Income-Tax Department said multinational companies that are incurring global loss, or profit margin of less than 2%, will be deemed to have made a profit of 2% of Indian revenue or turnover and will

At 16.7 per cent year-on-year (y-o-y), growth in retail loan outstandings in February 2019 was significantly slower than the 20.4 per cent growth recorded a year ago.

Jet Airways said it was informing all its passengers about the suspended flights via text, phone calls or other avenues, and would also refund the ticket money. The airline has issued a list of instructions

Speaking at the launch of the book, Citizen Raj, authored by economist Surjit Bhalla, Jaitley said that the socio economic profile of India is changing very fast, with the middle class and neo middle class

The 6-member Monetary Policy Committee (MPC) decided to reduce the policy repo rate by 25 basis points to 6 per cent in a 4-2 majority decision.

As many as 440 slots that are vacant at Delhi and Mumbai airports will be reallocated to other airlines on an interim basis through a “rational, fair and equitable” manner, Kharola said.

“This is our last flight. The operations have been temporarily suspended. We hope to fly again soon. When we do, do book with us.”

If bidding process fails, airline to be taken to bankruptcy court.