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RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.

RCom withdraws plea against NCLT order allowing bankruptcy proceedings

An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.

30 April 2019 5:49 PM IST

Amazon declined to put a price tag on the program, called Amazon Future Engineer, but said it will take up a big chunk of the USD 50 million that it committed to spend on computer science education last year.(AP Photo/Richard Vogel, File)

Amazon's India unit sees 56 percent rise in export merchants

More than 80 pc of current export vendors were from small towns and cities, vice president of seller services Gopal...

30 April 2019 5:22 PM IST

Kotak Mahindra Bank on Tuesday said it will offer debit card at a special price of Rs 99 for the first year for customers who will open account under its zero balance account scheme till September 15.

Kotak Mahindra Bank Q4 profit rises 14 pc to Rs 2,038 cr

Total income rose to Rs 13,823.33 crore during the latest quarter, up from Rs 10,874.12 crore in the year-ago period.

30 April 2019 5:09 PM IST

Tata Starbucks is planning three Starbucks cafe stores in Kolkata in early 2018.

GST investigation arm finds Tata Starbucks guilty of profiteering Rs...

Sources said the DGAP has concluded its investigation in March and found that Starbucks profiteered Rs 4.51 crore.

30 April 2019 3:11 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank shares dive 30 per cent on Q4 loss

The bank reported a loss of Rs 1,506.64 crore for fourth quarter ended March 31, owing to rise in provisioning for bad...

30 April 2019 1:16 PM IST

Reliance Jio is subsidiary of Reliance Industries.

Global investors in talks to invest in Reliance Jio infra investment...

Reliance aims to get at least five investors on board, with some joining the conglomerate's board, the report added.

30 April 2019 12:38 PM IST

Pepsico India Chairman and CEO D Shivakumar has resigned from the company after serving for nearly four years and will join Aditya Birla Group.

PepsiCo accused of coercing farmers by group close to BJP

PepsiCo maintains that it developed the FC5 variety, which has a lower moisture content required to make snacks such as...

30 April 2019 11:12 AM IST

Armed with seven smartphone manufacturing plants across four campuses, Xiaomi, at present, has a combined manufacturing capacity of up to three smartphones per second during operating hours, top company officials said.

Xiaomi bets big on offline sales

Quite significantly, the company is laying utmost thrust on localization as well.

30 April 2019 1:38 AM IST

Combined with its regional wing SilkAir, it offers a daily evening departure service from Kolkata to Singapore.

Singapore Airlines to introduce Airbus 350-900

The new aircraft will initially operate a daily service from June 3 to June 8, 2019.

30 April 2019 1:36 AM IST

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

Startups: Accredited investors may get exemption from angel tax

This provision is considered by government as part of an exercise to define 'accredited investors' to increase...

29 April 2019 5:48 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

India notifies pact with US to check tax evasion by MNCs

This information will enable an enhanced level of assessment of tax risk.

29 April 2019 3:50 PM IST

The Centre has hiked import duty on edible oils to curb cheaper shipments and boost local prices for supporting farmers and refiners. (Photo: Pixabay)

Curb illegal palm, soybean oil imports from Nepal: SOPA to Govt

India meets over 70 per cent of its domestic edible oil demand through imports.

29 April 2019 3:34 PM IST