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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Vodafone partners with HP, KPMG for GST solutions in India

The solution includes HP hardware, GST invoicing software by KPMG, cloud storage for storing invoice data, among other...

17 Oct 2017 2:34 PM IST

Bajaj Auto said its total commercial vehicle sales during the month under review stood at 28,555 units

Bajaj Auto Q2 net profit dips marginally to Rs 1,194 crore

Total income of the company, however, rose to Rs 6,863.61 crore as compared with Rs 6,775.03 crore.

17 Oct 2017 2:22 PM IST

Tickets booked across reserved ticket booking window can now also be cancelled through IRCTC website or through 139.

IRCTC to get Rs 80 cr refund for revenue loss from FinMin

Report says value of IRCTC has come down after govt scrapped service charge on online ticket bookings.

17 Oct 2017 2:18 PM IST

ICICI Lombard has approved payment of second interim dividend of Re 0.75 per equity share of face value of Rs 10 each.

ICICI Lombard Q2 profit rises 19 per cent to Rs 204 crore

ICICI Lombard's profit rose by 38.5 pc to Rs 418 crore as compared to Rs 302 crore same period a year ago.

17 Oct 2017 2:18 PM IST

Snapdeal is estimated to have raised over USD 1.7 billion so far in multiple funding rounds.

Snapdeal CFO Anup Vikal quits after Flipkart merger talks hit dead-end

These departures comes after the e-commerce platform announced its decision to adorn a 2.0 version' of itself.

17 Oct 2017 2:08 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)

Infosys to announce Q2 results on October 24

Company has opted to release results after the trading hours, against usual drill of a morning announcement.

17 Oct 2017 1:54 PM IST

Govt will prefer selling Air India to domestic buyer for its...

Govt says it has yet to decide what to do with carrier's debt burden of Rs 55,000 crore.

17 Oct 2017 10:40 AM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

Despite spike in bad loans, DCB Bank net jumps 21 per cent

City-based bank's core net interest income rose 30 pc to Rs 248 crore on back of a 20 per cent credit growth.

17 Oct 2017 10:38 AM IST

Reliance Industries Limited

RIL, BP submit revised investment plan for KG-D6 gas finds

The four fields have 617 billion cubic feet of reserves and can produce gas for eight years.

17 Oct 2017 9:39 AM IST

Revenue Secretary Hasmukh Adhia

28 per cent GST slab to see fewer goods

This requirement, industry veterans claim, is forcing large companies to avoid procure their raw materials from smaller...

17 Oct 2017 12:40 AM IST

A representational image of shopping mall. (Photo: PTI)

34 malls to come up by 2020: C&W

Chennai is expected to see six new malls whereas Mumbai and Kolkata would be adding two malls each by 2020.

17 Oct 2017 12:36 AM IST

Air India disinvestment: Govt keen on selling airline to domestic...

Earlier in the year, the Union Cabinet gave in-principle approval to go ahead with the disinvestment of the loss-making...

16 Oct 2017 9:01 PM IST