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Vodafone gets tax department reminder to pay over $2B

TMT

16 February, 2016

Vodafone gets tax department reminder to pay over $2B

The I-T Department has issued Vodafone a reminder over its Rs 14,200-crore tax demand and threatened to seize assets in ......

Sensex to include only those firms that are already on BSE-100 from June

General

16 February, 2016

Sensex to include only those firms that are already on BSE-100 from June

The 30 companies in the Sensex will be derived only from the BSE 100 segment from June onwards, Asia Index, ......

Bharti Airtel rejigs Africa management

TMT

16 February, 2016

Bharti Airtel rejigs Africa management

Telecom major Bharti Airtel today announced restructuring of its loss-making African telecom business by grouping operations in 15 countries under ......

Stock market zooms as domestic institutional investors go bottom-fishing

General

15 February, 2016

Stock market zooms as domestic institutional investors go bottom-fishing

In a turnaround of fortunes, the stock market benchmark Sensex on Monday leaped by 568 points -- its biggest single-day ......

Wholesale price declines again in January as food prices ease

General

15 February, 2016

Wholesale price declines again in January as food prices ease

Reversing four months of rising trend, WPI inflation fell to (-)0.9 per cent in January as food articles, mainly vegetables ......

Don't panic, more steps in the offing to sort banks' bad loans

General

12 February, 2016

Don't panic, more steps in the offing to sort banks' bad loans

Attributing the recent crash in stock market to global factors, Finance Minister Arun Jaitley on Friday said there was no ......

Walmart revamps; India CEO will now report to emerging markets head

Consumer

12 February, 2016

Walmart revamps; India CEO will now report to emerging markets head

US retail giant Walmart Stores Inc today realigned its business structure by removing India unit from Asia region and moving ......

Car sales drop after 14 months of growth

Consumer

12 February, 2016

Car sales drop after 14 months of growth

Car sales in India fell for the first time after 14 months of continued growth in January as discounts dried ......

Bloodbath in market: Sensex slides below 23,000, Nifty crumbles to under 7,000

General

11 February, 2016

Bloodbath in market: Sensex slides below 23,000, Nifty crumbles to under 7,000

Sinking to its lowest level in 21 months, the market benchmark Sensex today crashed 807 points to drop below 23,000-mark ......

Banks need deep surgery to tackle bad loans: RBI's Rajan

General

11 February, 2016

Banks need deep surgery to tackle bad loans: RBI's Rajan

Stressing that cleaner balancesheets will lead to future loan growth for banks, RBI chief Raghuram Rajan today said a "deep ......