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  Business   Companies  03 Oct 2017

Business, Companies, 03 Oct 2017

Petrol, diesel to go cheaper as excise duty cut by Rs 2 a litre

Cut in excise on diesel and petrol will cost government an additional burden of Rs 26,000 crore in a full year.

03 Oct 2017 7:48 PM

Ghana's National Communications Authority clears Airtel-Tigo merger

The merged entity will have a 3G licence and 2G licence valid until January 2024 and October 2021, respectively.

03 Oct 2017 5:22 PM

Tata Motors ramping up production across segments

Its domestic sales of 53,695 units in September were the highest since March 2013.

03 Oct 2017 5:05 PM

Uber CEO to meet London transport officials after licence ban decision

Dara Khosrowshahi is set to meet Transport for London's Commissioner Mike Brown on Tuesday.

03 Oct 2017 2:31 PM

Ambani's RIL makes first purchase of US crude oil

Reliance bought 1 mn barrels each of West Texas Intermediate or WTI Midland and Eagle Ford crude.

03 Oct 2017 1:30 PM

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Mahindra starts manufacturing construction equipment

The Mumbai-based company on Tuesday rolled out its first motor grader -- Mahindra RoadMaster G75 -- under the business vertical.

03 Oct 2017 1:03 PM

Flipkart board approves USD 100 billion ESOP for employees

If the plan materialises then this will be the largest employment stock option plan by any startup in the country.

03 Oct 2017 12:50 PM

Debt-reeling RCom to get lower value in Brooklyn deal post collapse of Aircel merger

Reliance Communications Limited is currently saddled with a debt of USD 6.8 billion.

03 Oct 2017 10:58 AM

Ola said to raise $2 billion from SoftBank, Tencent: Bloomberg

Japan’s SoftBank has been looking to play consolidator in India’s flourishing startup ecosystem.

03 Oct 2017 9:33 AM

Net absorption in office space to pick up further

Chennai saw the maximum increase in net absorption led by sectors such as e-commerce, IT and banking & financial services.

03 Oct 2017 4:45 AM

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Mobilemakers hit by lack of skilled workers

The government has since said it would not take any hasty decisions.

03 Oct 2017 4:32 AM

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