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Snapdeal co-founder and CEO Kunal Bahl.Business
'Snapdeal 2.0' terminates $950 mn merger talks with Flipkart

This comes within days of Snapdeal agreeing to sell FreeCharge to Axis Bank for Rs 385 crore.

31 July 2017 3:43 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)Business
GST on garment making may be lowered to 5 per cent

Currently, services in relation to textile yarns and textile fabrics attract 5 per cent GST.

31 July 2017 3:38 PM IST

GDP numbers scheduled to be released on May 31.Business
GDP growth in Jun qtr to be around 6.6 pc in India: Nomura

India lost the tag of fastest growing economy to China in March quarter with a GDP growth of 6.1 pc.

31 July 2017 3:30 PM IST

On interrogation, it was found that Md. Arif got the gold biscuits from a passenger named Jafar, who had come from Dubai. (Photo: ANI)Business
Gold sees sharp Rs 350 jump on demand build-up

Gold is trading at Rs 29,650 per 10 grams riding on brisk buying by local jewellers.

31 July 2017 3:04 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)Business
SBI up 5 pc as it cuts interest rate on savings account deposits

Rate cut by SBI on savings bank account is a strategic move by the bank aimed at increasing profits.

31 July 2017 2:55 PM IST

Hasmukh AdhiaBusiness
5 lakh businesses opt for composition scheme under GST: Adhia

Nearly 71 lakh excise, service tax and VAT assessees have migrated to the GST Network till July 25.

31 July 2017 2:45 PM IST

Union Law Minister Ravi Shankar Prasad. (Photo: PTI/File)Business
Transactions of Rs 1,500 cr on BHIM app so far: Prasad

BHIM app has been downloaded by 2 crore people and there has been close to 50 lakh transactions.

31 July 2017 2:31 PM IST

Matheran in a toy train.Business
From chug chug to vroom vroom, Chandigarh to Delhi train travel in...

SNCF, the French railways, has been assigned the task of submitting execution strategy of this semi-high speed project.

31 July 2017 2:19 PM IST

Cisco has named Sameer Garde as president for its India and SAARC operations.Business
Sameer Garde appointed as president for Cisco India and SAARC

Garde has been in advisory role to startups including CtrlS Datacentres Ltd, IQLECT, BonOrganik and Shotang India.

31 July 2017 1:37 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).Business
SBI cuts saving account rate by 0.5 pc on balance upto Rs 1 cr

SBI said revision of saving bank rate will enable the bank to maintain MCLR at existing rates.

31 July 2017 1:29 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.Business
DBS expects RBI to cut its policy rates by 0.25 pc

Real interest rates are also high about 400 basis points compared to RBI's preference for 1.25-1.75 pc.

31 July 2017 1:17 PM IST

Amazon Go, which is being tested with Amazon employees and will open to the public next year, is a \checkout-free shopping experience made possible by the same types of technologiesBusiness
Amazon may deliver your Flipkart order and your food too

Amazon will offer delivery services to sellers irrespective of whether orders are placed via its website, others' or...

31 July 2017 1:11 PM IST

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