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Expect royalty to SMC in rupee on all models by 2025: Maruti Expect royalty to SMC in rupee on all models by 2025: Maruti

Maruti Suzuki India is likely to pay royalty to its Japanese parent Suzuki Motor Corp for all its models in rupee terms by 2025 which could lower the annual outgo.

13,000 inactive companies come under government lens 13,000 inactive companies come under government lens

Nearly 13,000 companies have come under the government scanner for not carrying out business activities for a prolonged time amid stepped up efforts to clamp down on illicit fund flows through shell firms.

TVS Motor Q4 net profit slips by 7% to Rs 127 crore TVS Motor Q4 net profit slips by 7% to Rs 127 crore

TVS Motor Company on Thursday reported a 6.80 per cent decline in net profit to Rs 126.77 crore for the fourth quarter ended March 31, mainly due to lower motorcycle sales and discounts given on BS III vehicles.

Indian firms expect moderate economic expansion in 2017: Survey

Driven by positive economic sentiment, more than three-fourths (77 percent) of senior finance executives of Indian companies expect moderate to substantial economic expansion in 2017, a survey said here on Thursday.

Bandhan Bank reports Rs 1,111 crore net profit for FY17

Private sector lender Bandhan Bank on Thursday reported a net profit of Rs 1,111 crore for fiscal 2017 and announced that the small business segment will be its area of focus in the coming times.

NCLAT to hear Mistry pleas on maintainability, waiver on May 4 NCLAT to hear Mistry pleas on maintainability, waiver on May 4

The National Company Law Appellate Tribunal will hear on May 4 maintainability of ousted Tata Group chairman Cyrus Mistry's petition alleging "mismanagement and oppression of minority" at Tata Sons, along with waiver of shareholding requirement rules.

SC extends Subrata Roy's parole till June 19; warns to put him in jail for non-payment of Rs 1,500 crore SC extends Subrata Roy's parole till June 19; warns to put him in jail for non-payment of Rs 1,500 crore

The Apex Court last week directed sale of Sahara's Aamby Valley at Lonavala and appointed Bombay HC official liquidator for selling the property.

Hitachi India appoints its first Indian MD

Hitachi India appointed Bharat Kaushal as its Managing Director, the first Indian to spearhead the company`s operations in the country.

RBI penalises HSBC, Kotak over violation FEMA RBI penalises HSBC, Kotak over violation FEMA

The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999.

Axis Bank's Q4 net profit report decline of 43% Axis Bank's Q4 net profit report decline of 43%

In its net profit for the fourth quarter (Q4) of Fiscal 2016-17, Axis Bank on Wednesday reported a decline of 43.13 per cent.

Indian companies boost post-Brexit growth in 2016 in UK: Report

As many as 800 Indian companies in the UK have generated 47.5 billion pounds in combined revenues last year and contributed significantly to post-Brexit Britain's economic growth, according to a ne

India to play 'crucial role' in WhatsApp's business solutions India to play 'crucial role' in WhatsApp's business solutions

Messaging app WhatsApp is working on solutions to enable businesses to use its platform to connect with consumers and India will play a "crucial role" for the product, a company official said on Wednesday.

2G spectrum: Court reserves verdict in case involving A Raja, Kanimozhi for July 15 2G spectrum: Court reserves verdict in case involving A Raja, Kanimozhi for July 15

A Special court on Wednesday reserved verdict in 2G spectrum allocation case involving former Minister A Raja, DMK MP Kanimozhi and others, for July 15.

Setback to India: International panel rejects stay on Cairn arbitration Setback to India: International panel rejects stay on Cairn arbitration

The panel, comprising three judges of international repute, has also turned down India’s application for bifurcation of the issue of whether tax is covered under India-UK bilateral investment protection treaty.

In Q1, more than 50% employees to be locals in the US: Wipro In Q1, more than 50% employees to be locals in the US: Wipro

IT firm Wipro expects locals to constitute more than half of its workforce in the US by June as it continues to make "significant" investments in the American market amid tightening of visa norms.

Shapoor Mistry quits from Indian Hotels board

Tata group hospitality firm Indian Hotels Co Ltd on Tuesday said Shapoor Mistry has resigned as director of the company with immediate effect.

I-T dept issues Rs 24,646 crore notice to Sahara's Aamby Valley I-T dept issues Rs 24,646 crore notice to Sahara's Aamby Valley

The Income Tax department has issued a Rs 24,646 crore tax demand notice to Sahara Group's Aamby Valley Limited (AVL) after conducting a special audit of the company.

Warehouse executive gets to be day-long CEO at Flipkart Warehouse executive gets to be day-long CEO at Flipkart

Thirty four-year old Padmini MP, a warehouse executive at Flipkart, on Tuesday walked into office as the CEO of India's largest e-commerce company, Flipkart.

How to write Facebook posts? Delhi University to teach literature students How to write Facebook posts? Delhi University to teach literature students

The Delhi University is now planning to teach its English literature students "how to write Facebook posts"

Wipro Q4 profit up marginally, company announces bonus shares Wipro Q4 profit up marginally, company announces bonus shares

Wipro on Tuesday posted a marginal increase in its consolidated profit at Rs 2,267 crore for the quarter ended March.