Business, Companies, 4th Jun 2019, News & Stories from India

Friday, Apr 19, 2024 | Last Update : 11:12 PM IST

Business Companies 04 Jun 2019

Business, Companies, 04 Jun 2019

2019 EcoSport line-up showcases Ford India's continuous efforts to increase localisation, resulting in greater value being passed on to customers across the variants, the company said.

Ford India introduces 2019 EcoSport line-up, slashes prices

The new line-up of EcoSport would be cheaper than last year's in the range of Rs 8,300 to Rs 57,400.

04 Jun 2019 6:21 PM

The ministry advised taxpayers to file the correct data about tax payment and other details as reported in monthly sales returns in annual return GSTR-9 by omitting the auto populated data.

IGST credit accrued in FY18 won't lapse even if not availed, assures FinMin

The ministry said that many taxpayers have raised a concern about annual return form GSTR-9.

04 Jun 2019 6:06 PM

Majority of our operators have indicated that 5G spectrum is far too prohibitively expensive and that their balance sheets can't afford this, said COAI Director General, Rajan Mathews. (Representational Images)

Price of 5G spectrum in India 30-40 pc higher than global rates: COAI

COAI chief said incentives should be build into the spectrum price, given that 5G services in country aim to serve social goals.

04 Jun 2019 4:25 PM

The Federal Trade Commission and the Department of Justice, which enforce antitrust laws in the United States, have divided oversight over the four companies, two sources said. (Photo: File | ANI)

US moving toward major antitrust probe of technology giants

Amazon and Facebook under the watch of the FTC, and Apple and Google under the Justice Department.

04 Jun 2019 2:51 PM

BPCL and HPCL will take 25 per cent stake each in the Rs 9,000-cr project that involves laying of a pipeline from Kandla in Gujarat to Gorakhpur in Uttar Pradesh, the companies said in separate but almost identical regulatory filings.

BPCL, HPCL take 25 pc stake each in IOC's Rs 9,000-cr LPG pipeline project

IOC, which had in 2016 proposed laying of the pipeline, will hold the remaining 50 per cent stake.

04 Jun 2019 2:36 PM

From OrchaThe total funding raised by Startups in Mumbai and Pune between January 2014 and September 2018 is INR 377 Billion.rd to Table

Maharashtra: The future startup capital of India

India has the 3rd largest startup base globally while Mumbai ranked 7th in terms of growth in VC deals secured in 2015-2017.

04 Jun 2019 1:18 PM

According to Ernst & Young's 32nd Transaction Quarterly Report, M&A activity in the first quarter of 2019 fell to 242 deals with USD 9.9 billion. (Photo: Representational)

M&A activity saw sharp decline in Jan-Mar quarter: EY India

Domestic activity continued to dominate Indian M&A, with 158 deals accounting for deal value of USD 7.1 billion.

04 Jun 2019 12:01 PM

SpiceJet's Ajay Singh said high taxes on ATF, certain infrastructure charges as well as high import duty on aircraft parts and services are among the factors which make the domestic aviation sector "uncompetitive". (Photo: File | ANI)

Jet failure a 'wake up call'; part of blame at doorstep of policymakers: Ajay Singh

SpiceJet plans to hire up to 2,000 staff of Jet Airways, including pilots and cabin crew. It has already taken 1,100.

04 Jun 2019 11:40 AM

Airtel Africa intends to proceed with an initial public offering for admission and listing of its shares on the main market of London Stock Exchange. (Photo: PTI)

Airtel Africa to raise USD 750 million via IPO, eyes London listing

Airtel Africa is also considering listing its shares on the Nigerian Stock Exchange.

04 Jun 2019 10:51 AM

Fortis in August 2018 had applied for reclassification of these promoters.

Received approval from BSE, NSE for reclassification of promoters: Fortis

Shares of Fortis Healthcare closed at Rs 124.75 per scrip on BSE, down 0.40 per cent from its previous close.

04 Jun 2019 9:30 AM

A Facebook representative declined to comment.

Facebook keeps three-yearly 'say on pay' vote, amid outside investor doubts

Zuckerberg, whose net worth is about USD 61 billion according to Forbes.com, was paid USD 1 in salary last year.

04 Jun 2019 9:13 AM

1 of 1

Columns

Mohan Guruswamy