Business News
Express Web DeskApr 16, 2019
Considering a sample of twelve hundred M&A deals during 2000-2017, the paper titled Firms of a Feather Merge Together: Cultural Proximity and Firms Outcome, found that caste plays a significant role in sealing business deals, at
Express Web DeskApr 16, 2019
The full-service carrier, which is currently operating less than 10 aircraft, is awaiting fresh fund infusion under a debt resolution plan.
Apr 16, 2019
How NRIs can buy a life insurance plan in India Subscriber Only
Some of the most common documents required for making a claim include a copy of the policy, death certificate of the insured, identity proof of the nominee, etc.
BloombergApr 16, 2019
Apple claims Qualcomm used its monopoly power as a maker of modem chips for mobile phones to extract excessive patent royalties from phone makers. Qualcomm is seeking billions of dollars in unpaid royalties from Apple’s
PTIApr 16, 2019
The BSE benchmark Sensex jumped over 200 points in early trade Tuesday led by gains in banking, metal, oil and gas, telecom and auto stocks, amid unabated foreign fund inflows and positive global cues.
ENS Economic BureauApr 16, 2019
Food articles’ inflation has been rising steadily for the last five months. Inflation in the fuel and power category also rose to 5.41 per cent, from 2.23 per cent in February.
ENS Economic BureauApr 16, 2019
Jet Airways was the only Indian airline to operate on routes such as Mumbai-Colombo, Mumbai-Kathmandu and Mumbai-Hong Kong till recently.
ENS Economic BureauApr 16, 2019
The lenders of the airline met its management on Monday to decide on the funding, and discussions assumed significance given the airline’s inability to stay afloat due to lack of sufficient working capital.
ENS Economic BureauApr 16, 2019
GSTR-9 is the annual return form for all taxpayers registered under GST, wherein businesses registered under the GST have to provide consolidated details of sales, purchases and input tax credit. GSTR-9A is for composition taxpayers.
ENS Economic BureauApr 16, 2019
This is the best growth rate for exports since October 2018, when shipments grew by 17.86 per cent. Imports rose by 1.44 per cent to $43.44 billion in March 2019.
ENS Economic BureauApr 16, 2019
The company’s market valuation jumped Rs 36,136 crore to Rs 7,91,772 crore on the BSE. “TCS beat street/our estimates on revenues,” Emkay Global Financial Services said in a report on Saturday.
ENS Economic BureauApr 16, 2019
Vodafone Idea’s Rs 25,000-crore rights issue opened on April 10 at a price of Rs 12.50 per equity share.
Indu BhanApr 16, 2019
An SC Bench led by Justice R F Nariman has now dismissed DBS Bank’s appeal against the NCLT order which accepted the amended resolution plan for Jyoti Structures.
Express Web DeskApr 15, 2019
The pilots along with engineers and senior management have not received their salaries for three months, whereas employees of other categories have not been paid for the month of March.
PTIApr 15, 2019
Last year President Donald Trump used Section 232 to apply new tariffs to steel and aluminum imports and potentially on automobile and auto parts and other sectors currently under investigation.
Sandeep SinghApr 15, 2019
While Reliance MF said it will not comment on individual investments, HDFC MF and Kotak MF said their investments in the two Essel Group firms were backed by the collateral of Zee shares.
Prabha RaghavanApr 15, 2019
The Indian Express reviews various allegations raised over the last year of diversion of funds previously held by the ex-promoters of Fortis and Ranbaxy.
Anil SasiApr 15, 2019
The number of medical scribes in the US has grown from about 7,000 in 2014, according to the American College of Medical Scribe Specialists, to nearly 25,000 currently.
The government expects the bad loan resolution to continue under the IBC, while the Reserve Bank comes out with revised rule that specifies the framework under which it can direct banks to push cases for
Express Web DeskApr 14, 2019
The move comes hours after the cash-strapped airline governing body National Aviators' Guild's staff announced their decision this morning to not fly from 10 am on Monday.
Express Web DeskApr 14, 2019
The pilots along with engineers and senior management have not received their salaries for three months, whereas employees of other categories have not been paid for the month of March.
Ritu SarinApr 14, 2019
Minutes of meetings of the C&C Division accessed by The Sunday Express reveal that the RBI’s representatives have been giving an alarming picture of the coin glut but have, however, assured that whatever quantity of
ENS Economic BureauApr 14, 2019
IL&FS Financial Services Ltd had borrowings of around Rs 17,500 crore through debt instruments and bank loans, the sources said.
ENS Economic BureauApr 14, 2019
The CBDT has already issued directions to tax offices across the country to probe financial transactions of about three lakh firms, de-registered by the government for their dubious financial credentials, for tax evasion and money
ENS Economic BureauApr 14, 2019
The number of large banks were 39 and 42 in 2005 and 2018, respectively, while for small banks the numbers corresponded to 37 and 42. In all the years, large banks were found to be
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