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Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Insolvency code defines judicial and commercial aspects

IBC has put commercial aspects in hands of stakeholders, judicial aspects with tribunal, said IBBI chairperson.

15 July 2017 6:43 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

Govt asks businesses to register for GST by July 30

Getting registered for GST means input tax credit can be passed on to traders in value chain.

15 July 2017 6:34 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

New NEFT, RTGS fees for SBI customers started today

Also, new revised charges for NEFT, RTGS will attract GST rate of 18 per cent.

15 July 2017 5:55 PM IST

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

Uber shareholders discuss stock sale to SoftBank, others

The deal could include investment of new money into the startup.

15 July 2017 5:12 PM IST

Income-tax sources said more than Rs 5.5 crore unaccounted cash was seized during the raids, besides property documents and jewellery worth over Rs 89 crore.

Aaykar Setu has seen 10,000 downloads: CBDT

Arun Jaitley had launched 'versatile' mobile app on July 10 for all tax-related needs.

15 July 2017 4:54 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Bank of India eyes net profits in second quarter

As per RBI norms, Bank of India was supposed to be under threshold one of prompt and corrective action.

15 July 2017 4:31 PM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

ICICI Lombard, 1st non-insurance company to sell shares via IPO

ICICI Lombard's two main shareholders - ICICI Bank Ltd and Fairfax Financial Holdings Ltd - will sell a combined 19...

15 July 2017 2:40 PM IST

Mukesh Ambani-led Reliance Jio announced free data and voice calls for existing and new customers under the Happy New Year offer, days before the 90-day inaugural welcome plan ended on December 3.

DoT to seek from Relaince Jio details on data breach

Jio's customer data, mobile numbers and other details were allegedly leaked on magicapk.com.

15 July 2017 2:24 PM IST

The local currency had ended 4 paise higher at 66.67 in yesterdays trade, rising for the second consecutive day.

Gold imports halved; Indian trade deficit slips to USD 13 bn in June

Economists in a poll had predicted that trade deficit would decline to USD 12.5 billion in June .

15 July 2017 2:14 PM IST

Stepping instead of sitting for short periods was linked to a 7 percent drop in fasting insulin (Photo: AFP)

First-day-woes: Mumbai firm introduces period leave for women

Culture Machine became the first Indian company to extend this provision to female colleagues.

15 July 2017 1:51 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Markets at record high of 32,000 this week

The key index made strong gains on buying by funds and foreign institutional investors (FII)

15 July 2017 12:45 PM IST

BSNL to start broadband service with 1,000 mbps speed

Company says project aimed to enhance existing 10G capacity to 100G capacity of Optical Fibre infrastructure.

15 July 2017 11:50 AM IST