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Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

254 startups get Rs 1,700 cr investment from Alternative Investment...

Commerce Minister Piyush Goyal said these funds have raised a corpus fund of Rs 25,728 crore.

24 July 2019 2:44 PM IST

Netflix rolls out Rs 199 mobile-only plan to woo Indian users

Users will have access to the same unlimited standard definition (SD), ad-free content under this plan.

24 July 2019 2:26 PM IST

Facebook is also extending researchers and developers programmatic access to Ad Library API, which was previously in closed beta.

Is a USD 5 billion fine the least painful part of Facebook's...

The real question, remains what type of restrictions and requirements will be placed on FB to ensure future compliance.

24 July 2019 1:39 PM IST

One of the most important sectors from which bank generate its income is through the Home Loan department.

How SBI, ICICI Bank cut MCLR will affect your home loans EMIs? read

A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.

24 July 2019 1:21 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi directs Hotel Leela to make more disclosures to shareholders on...

Sebi had received complaints from ITC and LIC alleging violations by promoters and JMF ARC in respect of asset sale.

24 July 2019 1:20 PM IST

Nasscom president R. Chandrashekhar claimed that top five IT companies hired additional 50,000 people between January to March in 2017.

Nasscom takes SME delegation to US to strengthen strategic alliances

In a one-of-its-kind engagements programme, the delegation of small and medium enterprises visited several states in the...

24 July 2019 1:00 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Nissan to double global job cuts to over 10,000: source

The global plan includes the 4,800 job cuts announced in May and will mostly be at factories overseas with low...

24 July 2019 10:35 AM IST

Deputy governor Viral Acharya today said the switch to GDP is mainly to conform to international standards.

RBI rejigs portfolios of deputy governors following Acharya's exit

The RBI, headed by Governor Shaktikanta Das, has four deputy governors.

24 July 2019 10:18 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee slips 16 paise against dollar in early trade

Rupee is trading at 69.10 against dollar, amid sustained foreign fund outflows and rising crude oil prices.

24 July 2019 10:11 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Sensex falls over 100 points after IMF cuts India's growth outlook

The 30-share index was trading 104.13 points or 0.27 per cent lower at 37,878.61.

24 July 2019 10:05 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Market likely to remain under pressure

The broader markets were mixed as the BSE Mid-Cap Index fell 0.56 per cent while the BSE Small-Cap Index gained 0.38 per...

24 July 2019 6:46 AM IST

Hindustan Unilever Limited or HUL is a fast moving consumer goods company.

Slowdown limits Hindustan Unilever's Q1 volume

HUL reported a volume growth of 5 per cent, with a domestic consumer growth of 7 per cent, according to the exchange...

24 July 2019 6:42 AM IST