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Air India, SpiceJet, IndiGo announce discounted fares starting Rs 809 Air India, SpiceJet, IndiGo announce discounted fares starting Rs 809

Airlines offer these kinds of special fares not just to stimulate demand, but also to increase load factors during the lean seasons.

Indian IT services provider TCS ranked 58th most valuable US brand Indian IT services provider TCS ranked 58th most valuable US brand

Tata Consultancy Services, a leading global IT services, consulting and business solutions firm, today announced its ranking as the 58th most valuable US brand in an annual survey by a top brand valuation company.

Lot of scope for rate cuts in coming months: India Inc Lot of scope for rate cuts in coming months: India Inc

With RBI keeping key rates unchanged in its policy review, India Inc today said it sees 'a lot of scope' for rate cuts going forward on account of lower inflation engendered by a favourable monsoon.

Vodafone renews IT deal with IBM for 5 years Vodafone renews IT deal with IBM for 5 years

Telecom giant Vodafone has renewed its multi-million dollar engagement with IBM to manage IT services support for its India arm for another five years.

Biggest spectrum auction to begin on Sep 29; industry skeptical Biggest spectrum auction to begin on Sep 29; industry skeptical

Government is looking at raising as much as Rs 5.63 lakh crore from the auction of mobile phone airwaves in the nation's biggest-ever spectrum auction that begins on September 29.

HDFC Life to merge with Max Life, set to become biggest private life insurer HDFC Life to merge with Max Life, set to become biggest private life insurer

Singalling more consolidation in the cluttered life insurance space, HDFC and Max groups Monday decided to merge their life insurance businesses to create the biggest private life insurer with combine asset base of Rs 1.1 lakh crore in a complex multi-stage share swap deal.

GST to reduce tax evasion; rate to be kept at minimum: FM Jaitley GST to reduce tax evasion; rate to be kept at minimum: FM Jaitley

The tax rate under the GST regime will be kept at "minimum workable rate" as no state government can annoy its people by having a higher rate, Finance Minister Arun Jaitley said Monday in the Lok Sabha which passed the historic legislation to amend the Constitution.

Idea Cellular Q1 net plunges 74.5% on spectrum payout, revenue up 8% Idea Cellular Q1 net plunges 74.5% on spectrum payout, revenue up 8%

Country's third largest telco Idea Cellular Monday reported a massive 74.5 percent fall in consolidated net income to Rs 217.1 crore for the three months to June 30, on spectrum capex and changes in recognising data revenue.

India Inc hails GST Bill passage in Lok Sabha, hopes for April 1 rollout India Inc hails GST Bill passage in Lok Sabha, hopes for April 1 rollout

Hailing the passage of GST Bill in Lok Sabha, India Inc on Monday said it sees a possibility of rollout of the indirect tax reform from April 1, ushering in more investments and boosting the country's economic growth.

Xiaomi to unveil air-purifier in India soon Xiaomi to unveil air-purifier in India soon

Chinese tech and smartphone company plans to launch their air-purifiers in Indian market soon.

HC seeks Centre reply on Airtel plea for refund of over Rs 2500 crore HC seeks Centre reply on Airtel plea for refund of over Rs 2500 crore

Delhi High Court on Monday sought the Centre's response on telecom major Bharti Airtel's plea seeking refund of over Rs 2,500 crore, which includes disputed licence fees of Rs 399.92 crore paid by it for its Punjab circle for 1996-98 and interest on the amount.

Niti Aayog suggests closure of 8 sick PSUs

Tasked by Prime Minister's Office to look into viability of sick state-run companies, government think-tank Niti Aayog has identified eight PSUs for closure after finding them unfit for revival.

CEO salaries at top blue-chips soar; average nears Rs 20 crore CEO salaries at top blue-chips soar; average nears Rs 20 crore

In a sharp jump, average CEO salary at top listed companies in the private sector is approaching Rs 20 crore -- double the level seen just two years ago at about Rs 10 crore.

India Inc wants GST rate below 20% to keep inflation in check India Inc wants GST rate below 20% to keep inflation in check

A large section of India Inc wants to keep the standard GST rate below 20 percent, and services like telecom, banking, healthcare and railways to be included in the 'merit' list to keep inflation in check.

Vijay Mallya PMLA case: ED to attach assets worth Rs 6,000 crore Vijay Mallya PMLA case: ED to attach assets worth Rs 6,000 crore

Enforcement Directorate has identified assets worth over Rs 6,000 crore which it plans to attach as part of its fresh action against liquor baron Vijay Mallya in connection with a money laundering probe against him and others in an alleged bank loan fraud case.

ShopClues launches worldwide market with top global brands

India`s first and largest managed marketplace ShopClues will now feature rare and hard-to-find imported goods on its worldwide market. The store will enable easy access to top-rated goods from international markets across categories such as premium watches, beauty products, home furnishing, mobiles and electronic accessories as well as sports products, smart devices, and so on.

Union Bank net profit down 68% in Q1 Union Bank net profit down 68% in Q1

State-run lender Union Bank on Saturday reported a 68 percent decrease in its net profit to Rs 166.32 crore in the quarter ended June 30, as compared to Rs 518.78 crore in the corresponding period last year.

Delhi court issues non-bailable warrants against Vijay Mallya in cheque bounce case Delhi court issues non-bailable warrants against Vijay Mallya in cheque bounce case

Court has asked Mallya to be present in the court on November 4.

Australia court launches judicial review of Adani's mine project Australia court launches judicial review of Adani's mine project

Adani's controversy-hit 21.7 billion dollar Carmichael coal mine project in Australia faced another legal hurdle after a court on Thursday launched a judicial review of the Queensland government's approval to one of the world's largest coal mines projects, with the Indian-mining giant describing the case as "delaying tactics".

Sahara to Sebi: Expedite investor verification, advertisements won't help Sahara to Sebi: Expedite investor verification, advertisements won't help

Hitting back at Sebi, embattled Sahara group today said issuance of advertisements would not help the regulator reach out to the investors spread across remote parts of the country and offered its help in verifying 95 percent bondholders it claims to have already refunded.