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The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Ficci urges FinMin to re-look into GST regime for consulting, service...

At present, the Consulting community continues to be made liable for payment of GST on behalf of the employer.

28 Jun 2019 9:05 AM IST

India ranked 130 out of 190 countries on the World Banks ease of doing business list. (Photo: Pixabay/Representational)

DPIIT seeks views on draft cabinet note on national policy for ease of...

India's rank improved by 65 positions in Doing Business index over the last four years (2014-2018).

28 Jun 2019 9:01 AM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Wipro exits WAISL JV, sells remaining 11 pc share to Antariksh...

In April last year, Wipro had sold 63 pc of its stake in WAISL to Antariksh Softtech in a Rs 3.15 crore deal.

28 Jun 2019 8:57 AM IST

Sumit Padmakar Joshi, Vice President of ELCOMA and CEO, Signify Innovations India Ltd. (formerly known as Philips Lighting India) echoed more or less similar sentiments.

LED bulbs defy BSI safety rules

These spurious products are a safety hazard for consumers besides causing significant loss in tax revenues for the...

28 Jun 2019 2:43 AM IST

Dr. K. M. Cherian

India's first medical SEZ awaits liquidation

Breakthrough researches stalled for want of just Rs 200 crore.

28 Jun 2019 2:42 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC profits from investments double in Q4

The balance sheet of LIC in FY19 stood at Rs 30.55 lakh crore compared to Rs 27.91 lakh crore in FY18.

28 Jun 2019 2:41 AM 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 bars MFs from standstill agreements

Early this year, the Essel Group companies, which had raised over Rs 7,000 crore from mutual funds against debt...

28 Jun 2019 2:41 AM IST

Reserve Bank of India (RBI)

Large HFC, NBFC failure to pose contagion risk

The country's financial system remains stableâ€ despite some recent dislocationâ€.

28 Jun 2019 2:41 AM IST

On the capacity front, ICRA expects around 18-20 MTPA to get added in FY2020.

Cement demand to pick up in Q3

There is a ray of hope as experts expect an upturn in demand from the third quarter, that is, post monsoon.

28 Jun 2019 1:49 AM IST

BMW eyes 100,000 electric car sales in 2017: Sueddeutsche

BMW launches new S1000 RR at Rs 18.50 lakh

The engine on the Supersport continues to be a 999cc, in-line four, but it has gone through a few changes.

28 Jun 2019 1:46 AM IST

All the new aircrafts inducted by Indigo will be A320-neo; which will be 10-15 per cent more fuel efficient than its predecessors.

Jet Airway's misfortune seems a boon for rivals

For the quarter Q4FY19, airlines saw an increase in yields coupled with a stark increase in their capacities.

28 Jun 2019 1:44 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.

Global cues dictating local market trend

The market ended flat on Thursday F&O series in a highly choppy trading session.

28 Jun 2019 1:42 AM IST