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Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Banking, FMCG to benefit from corp tax cut; pharma, IT to remain...

The immediate benefit is increased cash flows to corporate India.

22 Sept 2019 2:23 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank promoter entities sell 2.75 per cent stake

The combined entities held 9.64 per cent holding in the bank which now stands at 6.89 per cent.

21 Sept 2019 3:17 PM IST

Revenue growth for the beleaguered auto components sector would halve in next two fiscals due to a steep decline in domestic vehicles sales.

Auto industry has to find its own balance to enhance demand: SIAM

At present, 60 per cent of auto components are taxed at 18 per cent.

21 Sept 2019 12:17 PM IST

LegalKarts technology will cater to all the practicing lawyers across the country in all courts and legal forums to build.

'LegalKart' first mobile app for legal professionals launched in the...

Free to use cloud -based LegalKart mobile application aims to assist legal professionals to synchronize cases across...

21 Sept 2019 12:10 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

Horses Stable Season 2 of fundraising to be held this September

After the massive success of Season 1 annual entrepreneur submit, Horses Stable is back with the Season 2 fundraising...

21 Sept 2019 10:27 AM IST

E-cigarettes were nearly twice as effective as conventional nicotine replacement products.

Flipkart, Amazon, others rush to pull vaping devices after India ban

Flipkart in a statement said it was aware of the ban order and was working with sellers to remove all such products.

20 Sept 2019 11:03 AM IST

Tyre exports have picked up in June quarter as Indian manufacturers are trying to ultilise the trade war opportunity.

Tyre-makers tap trade war to push exports

According to industry experts, the ongoing September quarter is also witnessing an upward trend in shipments.

20 Sept 2019 2:43 AM IST

Finance minister Nirmala Sitharaman during a press conference in New Delhi on Saturday. (Photo: Asian Age)

No stressed MSME loan to be declared NPA till March 2020: FM

FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.

19 Sept 2019 8:24 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Reliance says Mukesh Ambani's shareholding has not increased in...

The company in an emailed statement said: "There has been no transaction of purchase of shares".

19 Sept 2019 5:12 PM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Maruti Suzuki crosses 10-lakh-exports milestone from Mundra Port

With shipments to more than 125 countries, the company's cumulative exports have already crossed 18 lakh units mark.

19 Sept 2019 3:11 PM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Hero Cycles market share up despite economic slowdown: Company...

Admitting there were challenges due to slump in economy, Aditya Munjal said Hero Cycles has only grown in this difficult...

19 Sept 2019 12:59 PM IST

NCLAT on Wednesday denied any interim relief to Vikram Bakshi on his plea seeking a stay on termination of franchise agreement by McDonalds. Photo: PTI

NCLAT orders review of McDonald's-Vikram Bakshi settlement

The appellate tribunal was hearing an intervention plea by HUDCO, claiming dues of Rs 195 crore from Bakshi.

19 Sept 2019 8:58 AM IST