Credit Rating Agency Fitch Downgrade India's GDP from 6.9 % to 6.7 %
Dec 5 2017 10:14 AM
Newyork based international credit rating agency Fitch says growth has repeatedly disappointed in past quarters and GDP growth projection is limited to 6.7%
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Retail Inflation Touch new High Alarming Bell for Government and RBI
Dec 13 2017 8:36 AM
The increase in inflation rate raises alarming bell for government and for financial institution RBI were Consumer Price Index (CPI) based inflation surged to 4.88% in November, driven by soaring vegetable prices and a rise in fuel inflation.Vegetable prices jumped 22.48 %, food inflation doubled to 4.41% in November from 2.26% in October
Telecom Major Airtel Sell 20 Percent from Airtel DTH to Warburg Pincus at $350 million
Dec 13 2017 8:07 AM
Airtel sells his Airtel's DTH business Bharti Telemedia to Warburg Pincus at around $350 million. In this deal, Warburg Pincus will acquire up to 20% stake in Bharti Telemedia. Airtel DTH having with around 21 percent market share in India's DTH market.
I&B Ministry Bans Condom Ads on TV Channel Between 6 AM to 10 PM
Dec 12 2017 11:13 PM
Information and broadcasting (I&B) ministry asked TV channels to stop airing condom ads between 6 am and 10 pm. Advertising and brand experts unanimously agreed that banning a condom is not the solution.
CBDT:Direct Tax Collection increases from 14.4 percent to Rs.4.5 lakh crore between April and November
Dec 10 2017 7:12 AM
Central Board of Direct Taxes Said, that the direct tax collection growth for the financial year 2017-2018 is increased with 14.4 percent between the month of April-November, and direct tax collection up to November 2017 are at Rs.4.8 lakh crore which 14.4 percent higher than the last year
RBI Decided to Keep Repo Rate Unchanged
Dec 6 2017 7:57 PM
After the predicted the annual rate of consumer inflation increased in October to 3.58 %.The Reserve Bank of India Governor Urjit Patel and with his six-members of monetary policy committee decided to keep key landing at 6 % remains unchanged amid inflation concern
PM Modi Led Government Gives Rs.8450 crore package to Exporters
Dec 6 2017 8:21 AM
Central government announced on Tuesday that additional incentives worth Rs.8500 crore a year to hike merchandise and service exports as part of mid-term foreign trade policy review for 2015-20
Japanese Automaker Nissan Begins International Arbitration Against India
Dec 3 2017 8:02 PM
Nissan Motor begins international arbitration case against India to seeks payment more than $770 million in a dispute over unpaid state incentive from Tamilnadu government as a part of an agreement to set up a manufacturing plant in 2008.
Salil Satish Parekh The CEO & Managing Director of IT Outsourcing Giant Infosys
Dec 3 2017 8:05 AM
Salil S Parekh will become the new CEO of Infosys after Vishal Sikka the former CEO of Infosys, Salil Satish Parekh who currently was a top executive at Capgemini and he will start his new position in Infosys in January, which indicates company gives three-month period to his new CEO to get familiar with the company. Nandan Nilkeni and other board of directors show faith in Salil Satish Parekh and appoint as CEO and managing director of Infosys.
We're All Big Boys ,We Shouldn't Be Crying Says Reliance Industries Chairman Mukesh Ambani
Dec 2 2017 10:11 AM
Mukesh Ambani responded to comments by Sunil Mittal Bharti Airtel Chairman over blaming Reliance JIO for slashing prices on tarrif and charge only for data give voice give free for lifetime. Mukesh Ambani saying and t “If there are some losses that you take, then we're all big boys we shouldn't be crying. This country has given us a lot more, all of us have started with no.
LIC Warns Policyholders against sharing Aadhaar Card Number via SMS to Anyone
Nov 28 2017 10:33 AM
Insurance giant LIC has cautioned LIC policyholders against sharing their Aadhaar card number to anyone through SMS. LIC has not issued any such type of notification to link LIC policy with aadhaar number. Some fake people using our logo to attract policyholder to share their aadhaar card number via SMS.
China Development Bank files Bankruptcy case against Reliance Communication
Nov 28 2017 10:27 AM
China Development Bank files case against Reliance Communication under the insolvency and bankruptcy code on a debt of $2 billion on RCom.
Global Entrepreneurship Summit 2017 starts from today at Hyderabad Ivanka Trump, PM Modi inaugurates
Nov 28 2017 8:28 AM
Global Entrepreneurship Summit (GES) start at Hyderabad more than 1200 entrepreneur from 127 countries participated in GES summit. The theme of eighth GES summit is 'Women First, Prosperity for All' Ivanka Trump daughter of US President Donal Trump inaugurates GES summit at Hyderabad