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  Business   Companies  11 Jun 2019

Business, Companies, 11 Jun 2019

New RBI norms to give more lenders headroom to resolve large NPAs: Report

New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.

11 Jun 2019 7:10 PM

Bring down corporate tax to 18 per cent sans exemptions: CII

Government has already reduced corporate tax to 25 per cent for companies having turnover of less than Rs 250 crore.

11 Jun 2019 6:47 PM

Auto component industry seeks stable road map for EV transition

Govt should adopt a pragmatic approach to create a stable and long-term road map for a transition to EVs, said industry body.

11 Jun 2019 6:37 PM

EU blocks Thyssenkrupp-Tata steel merger plan

The aim of the merger had been to create the second largest European steel company behind multinational giant ArcelorMittal.

11 Jun 2019 5:25 PM

Huawei denies being bound by Chinese spy laws

Huawei currently provides the most advanced -- and least expensive -- 5G technology in the world.

11 Jun 2019 5:17 PM


GST council to introduce new GST return system

A transition plan has been worked out, said an official release on 31st meeting of GST Council, said an official release.

11 Jun 2019 3:38 PM

IndiGo announces special summer sale, fares start as low as Rs 999

IndiGo is offering customers all-inclusive fare starting at Rs 999 across domestic and Rs 3,499 across international sectors.

11 Jun 2019 3:18 PM

Jet Airways shares plunge nearly 15 per cent

The scrip tumbled 14.41 per cent to Rs 107.15 -- its 52- week low -- on the BSE Sensex.

11 Jun 2019 2:30 PM

Anil Ambani says committed to meet debt obligations

Reliance group has made debt payments of over Rs 35,000 crore in 14 months from April 2018 till May 2019, said Ambani.

11 Jun 2019 1:35 PM

Amazon dethrones Google as top global brand: Survey

The brand value of Amazon surged by 52 per cent to USD 315 billion, global market research agency Kantar said.

11 Jun 2019 11:48 AM


Passenger vehicle sales drop 20 pc in May; car sales down 26 pc

Motorcycle sales last month declined 4.89 per cent to 11,62,373 units as against 12,22,164 units a year earlier.

11 Jun 2019 11:33 AM

50 per cent tariff on US motorcycles by India unacceptable, says Trump

President Donald Trump said the United States, under his leadership, is a country that can no longer be fooled.

11 Jun 2019 11:23 AM