Business, Companies, 4th Jul 2017, News & Stories from India

Saturday, Apr 27, 2024 | Last Update : 11:16 AM IST

Business Companies 04 Jul 2017

Business, Companies, 04 Jul 2017

SoftBank has already written off over USD 1 billion on valuation of its investment in Snapdeal.

Snapdeal board rejects $850 mn offer from Flipkart

SoftBank, the Snapdeal's largest investor, has been proactively mediating the sale for the past few months.

04 Jul 2017 8:32 PM

The company opened 11 Titan Eye Plus stores in FY 2017-18 so far.

28 per cent GST on watches could increase risk of smuggling: Titan

Titan has also witnessed around 50 per cent jump in its sales during Akshaya Tritiya.

04 Jul 2017 8:26 PM

The industry's AUM had crossed Rs 10 lakh crore in May 2014, and is expected to soon reach Rs 20 lakh crore.

MF's AUM rises 7 per cent to Rs 19.52 lakh cr in Apr-Jun qtr

Of the 42 fund houses, as many as 35 MFs witnessed growth in their asset base, while five saw decline in their AUMs.

04 Jul 2017 7:42 PM

Company has started supply of batches on new rates from July 1 from its warehouses.

GST impact: Ultratech cuts cement price by up to 3 pc

Cement has been taxed at 28 per cent under the GST as compared to 30 to 31 per cent in the previous system of taxation.

04 Jul 2017 7:16 PM

Indian Bank is one among the 25 banks authorised by GST Council for collection of GST.

Indian Bank revises interest rates in FCNR(B) deposits

Revised interest rates have been fixed at 2.43 per cent for deposits of one year and above.

04 Jul 2017 6:37 PM

RIL chairman Mukesh Ambani was instrumental in launch of Reliance Jio last year.

Jio again tops 4G mobile speed chart with 18.8 mbps

Trai says average download speed on Jio network slightly dipped from 19.12 mbps in May.

04 Jul 2017 5:38 PM

Cantral government employees may expect a 106-157 per cent hike in HRAs from this month. (Representational Image)

Central govt staff to see 106-157 per cent hike in HRA from July

According to Jaitley, this decision is set to benefit more than 7.5 lakh 1-3 levels of government employees.

04 Jul 2017 4:31 PM

The deal includes Zumba classes, luxury bike rentals and yatch ride besides 240 other categories across over 35 cities.

Cleartrip joins hand with CCD for gift cards offline presence

Cleartrip gift cards will be available for offline purchase in 936 CCD stores in 15 top cities across India.

04 Jul 2017 3:40 PM

Under GST, the tax on gold increased by three per cent from 1.2 per cent previously. (Representational Image).

Hike in gold tax post GST may create black market for gold

With the hike in taxes post GST, traders believe more transactions will be forced into black market.

04 Jul 2017 2:17 PM

GDP growth not as encouraging as it seems: Bajaj

Baja Auto's exports fell by over 19 per cent to Rs 7,880 crore while in US dollar terms they shrank by 23 per cent.

04 Jul 2017 1:48 PM

LG is a major player in consumer durables segment.

GST: LG first durables firm to hike LED TV prices

Report says dealer prices have increased in range of 1.3 to 7 per cent in western region in Delhi.

04 Jul 2017 12:38 PM

ITC may be able to pass GST benefit to customers by lowering prices (Representational Image).

ITC may cut prices post GST, abolishing of additional excise duty

With GST rollout, only the national calamity duty, GST and cess will be levied on cigarettes.

04 Jul 2017 12:21 PM

Bharti Airtel is country's largest telecom operator with 25 crore customers.

Airtel offers 30GB free data under Monsoon Surprise

Offer is valid on its Rs 499, Rs 649 and Rs 799 postpaid plans, says report.

04 Jul 2017 11:36 AM

According to report, Jet Airways might be selling up to 24 per cent of its shares in the airline to Delta Air Lines.

Shares of Jet Airways surge amid share-sell talks

The scrip rose 3.35 per cent to Rs 582.85 apiece amid reports that Jet Airways may sell up to 24 per cent of its shares in the company.

04 Jul 2017 9:39 AM

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Farrukh Dhondy