An Apple Inc iTunes unit in Japan was ordered to pay some 12 billion yen ($118 million) in tax by local authorities after underreporting income, media reported.
Smartphone app that connects riders with drivers at the push of a button Uber has announced the launch of UberSHAAN, an initiative aimed at creating one million livelihood opportunities as micro-entrepreneurs in India by 2018.
French Defence Minister Jean Yves Le Drian is likely to visit India next week to conclude the Inter-Governmental Agreement (IGA) between India and France for the purchase of 36 Rafale fighter jets, bringing to an end the 17-month-long negotiations.
Traditionally big taxpayers like large banks failed to cheer taxmen with their second quarter advance tax payouts, but others including steel and cement companies have done comparatively better, helping the department remain hopeful of meeting the annual target.
Infosys may slash its revenue guidance for the second time this fiscal, stung by "risks" like challenges in the banking and financial services sector and cancellation of projects.
Reliance Jio has sought the industry watchdog`s intervention over the three main telecom operators -- Airtel, Vodafone and Idea -- refusing to allow porting of their subscribers to its own network, in an alleged disregard to licensing norms.
Telecom operator Reliance Communications is looking to close its long-pending mobile tower sale deal next month that may bring down its debt by around Rs 19,000-20,000 crore.
Dismissing beleaguered businessman Vijay Mallya's claim that he is unable to travel back as his passport has been suspended by the Indian authorities, the government on Thursday said any citizen can approach the nearest Indian Embassy or High Commission and apply for an Emergency Certificate to return to the country.
Moody's placed under "review for downgrade" the credit rating of Reliance Communications , a day after RCom's announcement to merge its wireless telecom business with smaller rival Aircel.
Domestic budget carrier IndiGo has partnered with travel commerce platform Travelport to distribute its fares and ancillary products to portal's customers.
Telecom operator Vodafone India said that it has decided to increase inter-connection capacity with Reliance Jio network.
Detergent major Nirma, which in July had agreed to buy the cement business of the French major Lafarge India, today raised Rs 4,000 crore debt to fund the deal, making it the largest rupee bond sale for a leveraged buyout.
ONGC Videsh (and its wholly owned subsidiary ONGC Videsh Vankorneft Pte. Ltd., Singapore - OVVL) jointly signed definitive agreements with Rosneft, the national oil company of Russia for acquiring additional 11 percent shares in JSC Vankorneft, a company organised under the law of Russian Federation which is the owner of Vankor Field and North Vankor license.
Multiplex chain PVR Ltd is looking to raise up to Rs 250 crore through issue of non-convertible debentures to fund various activities, including acquisitions.
Realty firm Unitech's consolidated net loss narrowed to Rs 43.18 crore for the first quarter ended June 30, on account of higher sales.
Australia-headquartered StayWell Hospitality Group is looking at 25 properties in India in three years under its two brands -- Park Regis and Leisure Inn -- mostly under management contract.
Transportation app Uber has launched a new initiative in partnership with Maruti and NSDC, for creating livelihood opportunities for one million people by 2018.
The Bombay High Court on Wednesday asked city-based firm SGI Commex, which claims to have won the auction of Vijay Mallya's luxury jet, to file an affidavit in response to a petition filed by Mumbai International Airport Ltd (MIAL), seeking taxes and hangar charges of Rs 3.95 crore.
In the biggest consolidation deal in India's telecom sector, Reliance Communications and Aircel on Wednesday announced the merger of their wireless operations to create a combined entity with assets worth Rs 65,000 crore.
Trai has ordered Bharti Airtel, Vodafone, Reliance Jio, BSNL and MTNL to submit call details to examine the traffic pattern on their networks, a move which may help the regulator analyse allegations by RIL group firm against incumbents on interconnection issue.