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No assurance on write-offs due to merger: SBI No assurance on write-offs due to merger: SBI

The country's largest lender SBI has said write-downs or write-offs on account of the merger of five associates cannot be entirely ruled out.

Govt to soon clear Amazon's FDI in food retail: Badal

The government will soon clear the US retail giant Amazon's proposed USD 500 million investment in retail of food products in India, Food Processing Minister Harsimrat Kaur Badal said.

How 15,080 profitable firms paid no tax in 2015-16 How 15,080 profitable firms paid no tax in 2015-16

Larger corporates paid lower tax rates than smaller ones for 2015-16.

Hurry up! Book Indigo flight with tickets starting at Rs 899; offer available till tomorrow Hurry up! Book Indigo flight with tickets starting at Rs 899; offer available till tomorrow

You can book tickets till 14 June 2017, for travel between 1 July 2017 and 30 September 2017.

Layoffs: Karnataka govt keen on policy to address issues in IT firms

The Karnataka government is keen on coming out with a policy addressing various issues in the Information Technology sector including "forced resignation" adopted by the firms, but not before listening to the problems faced by IT industry leaders and employees, state IT Minister Priyank Kharge said on Tuesday.

Vistara Great Monsoon Sale: Buy domestic tickets at just Rs 849 Vistara Great Monsoon Sale: Buy domestic tickets at just Rs 849

Bookings under the sale are open from June 13 to the midnight of June 17 for travel between June 28, 2017 and September 20, 2017.

London Court to hear Vijay Mallya’s extradition case today London Court to hear Vijay Mallya’s extradition case today

Vijay Mallya owes over Rs 9,000 crore to various Indian banks, has been living in self-imposed exile in Britain since March last year.

Jet Airways warns action against employees if found 'misusing' passes Jet Airways warns action against employees if found 'misusing' passes

Jet Airways has warned its employees of disciplinary action if they "misuse" passes that allow them access to airports in a bid to curb instances of security breach. 

Infosys CEO meets FM Jaitley over preparedness for GST Infosys CEO meets FM Jaitley over preparedness for GST

In wake of GST roll-out on July 1, Infosys` Chief Executive Officer Vishal Sikka on Monday met Union Finance Minister Arun Jaitley.

IRDAI appoints administrator for Sahara Life Insurance Company IRDAI appoints administrator for Sahara Life Insurance Company

Insurance regulator IRDAI on Monday appointed an administrator to manage Sahara India Life Insurance Company, saying Subrata Roy-run insurer was "acting in manner" prejudicial to interest of subscribers.

'Volatility in job market continues; May activity sees 4% dip' 'Volatility in job market continues; May activity sees 4% dip'

Job market activity registered a decline of 4 percent in May led by the IT-software industry that was hit the most and this trend is expected to continue for a few more months, says a report.

TCS partners Intel to aid customers' digital transformations TCS partners Intel to aid customers' digital transformations

Country's largest software exporter TCS on Monday announced a tie-up with American tech major Intel to drive digital transformations for customers.

Telecom debt woes due to incumbents not investing in biz: Jio Telecom debt woes due to incumbents not investing in biz: Jio

Billionaire Mukesh Ambani-led Reliance Jio on Monday ascribed financial stress in the telecom sector to existing operators like Bharti Airtel and Idea running businesses on debt and investing heavily in unrelated sectors.

SpiceJet set to launch flights under UDAN scheme next month SpiceJet set to launch flights under UDAN scheme next month

Budget carrier SpiceJet will launch next month two new daily direct flights to Porbandar and Kandla from here under the Central government's regional connectivity scheme - UDAN.

Govt actively working towards bank consolidation: Arun Jaitley

The government is "actively working" towards consolidation of banks, said Finance Minister Arun Jaitley on Monday.

Premji Invest participates in Fireside Ventures' Rs 180 crore fund

The maiden fund from Fireside has also received commitment from WestBridge capital and Emami, a statement said.

RBI actively working on NPA resolution, action soon: Arun Jaitley RBI actively working on NPA resolution, action soon: Arun Jaitley

Besides NPA resolution and bank finances, the meeting also featured the government's financial inclusion schemes.

Reliance Jio accuses Big 3 of cartelisation, says industry margins fine Reliance Jio accuses Big 3 of cartelisation, says industry margins fine

Mukesh Ambani-led Reliance Jio on Monday asserted that the margins in the telecom sector remain "healthy" even as it accused the big three operators of "cartelisation".

FM Arun Jaitley meets PSU bank chiefs; reviews NPA situation FM Arun Jaitley meets PSU bank chiefs; reviews NPA situation

Jaitley also reviewed the financial performance of all the public sector banks (PSBs) at the meeting.

Arun Jaitley to meet PSU bank chiefs today to review NPA situation

Besides, the minister will review the financial performance of all the public sector banks (PSBs) at the meeting, the first between Jaitley and them in the current fiscal.