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Business News

IT Dept Publishes Names Of 18 Defaulters Owing Over Rs 1,100 Cr

A whopping Rs 779.04 crore default of income/corporate tax has been reflected in the name of one Mumbai-based Uday M Acharya (late) and his legal heirs Amul Acharya and Bhavana Acharya

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Air India Starts Second Flight To Dehradun From Jan 1, Shifts Operation From Sharjah To Dubai

This will be a tri-weekly flight on Mondays, Wednesdays and Fridays and Air India will deploy a 70 seater CRJ-700 aircraft for the purpose

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Government Approves Amended TUF Scheme, To Create 30 Lakh Jobs

Government on Wednesday (30 December) approved an Amended Technology Upgradation Fund Scheme (A-TUFS) in place of the existing Revised Restructured TUFS for technology upgradation of the textiles industry, a move expected to boost job creation and exports in the sector

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Sensex Sinks Below 26,000 Mark On Profit-booking

Markets on Wednesday failed to make good use of the early momentum in a fluctuating trade as the benchmark Sensex broke below the psychological 26,000-mark by falling over 119 points amid profit-booking and a mixed global trend

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Online Food Ordering Platform Foodpanda Lays Off 300 Employees

Online food ordering and delivery firm Foodpanda India has laid off 15 per cent its employees, totaling close to 300, as it focuses on automation to streamline its operations

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A Year Of Revival For Indian Aviation

The year saw fuel cost at its lowest, bringing relief to all airlines, especially cash-strapped Jet Airways and Air India.

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Will 2016 Put An End To Realty Sector's Woes?

With a multi-year slowdown continuing in 2015 despite abundant supply and fall in prices, the real estate market is desperately looking for a recovery in the New Year when a new law is also expected to herald the much-needed transparency and accountability in the sector

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Exports To Remain Under Pressure In New Year: India Ratings

India's export sector will continue to remain under pressure in the new year hit by depressed commodity prices and a sharp fall in the euro, India Ratings (Ind-Ra) an arm of the global rating agency Fitch said

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nexGTV Appoints Saavn’s Ex-CEO Abhesh Verma As COO

Abhesh joins nexGTV with over 16 years of experience across several industries such as entertainment, e-commerce, SEO, advertisement, venture capital and real estate.

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2015: A Year Of Optimism For Indian Railways

For Indian Railways, the year 2015 will go down in history as perhaps the most fruitful year on the parameters of policy initiatives led by the dynamic leadership of railway minister Suresh Prabhu

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