Bengaluru: As many as 15 Chinese investors representing nine firms have shortlisted 10 Indian startups, operating in mobile technologies, e-commerce and medical technology, for up to $5 million (roughly Rs. 33.2 crores) seed and Series
New Delhi: With Rajya Sabha Chairman Hamid Ansari turning down Vijay Mallya's resignation letter on procedural grounds and Ethics Committee rejecting it, the liquor baron, who is facing a case of loan default of over
New Delhi: Efficient functioning and reduction in operational costs has helped national carrier Air India turn from a loss-making airline into an "operational profit unit", the Lok Sabha was informed today. The government also asserted
New Delhi: As AgustaWestland remains mired in controversy, the Finance Ministry has sought inputs from the Defence Ministry about a FDI proposal from the Italian company for its joint venture with Tata Sons to assemble
New Delhi: Facing a string of accusations ranging from money laundering to loan fraud, beleaguered industrialist Vijay Mallya, who is wanted by Indian banks for billions in unpaid loans tendered his resignation as a member
New Delhi: India is on the road to become a digitally-connected country soon, said a top executive of global high-value services provider Concentrix. India is all set to give digital services to help companies counter
The top 50 defaulters of public sector banks had an exposure of Rs 1.21 lakh crore as on December 2015, Minister of State for Finance Jayant Sinha informed parliament today.
New Delhi: Future Group's Chairman Kishore Biyani, who stepped down as the managing director of Future Retail, has been appointed as the managing director of Bharti Retail as part of the reconstitution of the board
New Delhi: The case of the mismatch between the earnings of the majority of the billion plus Indians versus a tiny majority of India’s uber rich is no hidden secret. Sadly, the government does not
New Delhi: In a fresh revelation regarding the ongoing AgustaWestland row, it has now been given away that Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) had hung the proceedings of the case in
New Delhi: More than 55 percent of the 28.77 million individual assesses in India who filed their returns for 2012-13 paid zero tax, while three at the top-end had to shell out as much as
New Delhi: Indian automotive makers opened the new fiscal with positive sales growth while hoping for a favourable verdict in the apex court over the sale of diesel engine-powered vehicles. India's largest car maker
New Delhi: Global Fashion Group (GFG), parent company of online fashion portal Jabong, has secured a funding of EUR 300 million (about Rs. 2,282 crores) from Rocket Internet. While the German tech startup investor Rocket
New Delhi: Accel, one of the most prolific venture investors in the country, is all set to raise $400-500 million India-focused fund. The fund which is expected to close by the year-end, comes at a
New Delhi: Top fund house HDFC Mutual Fund’s chief Milind Barve has received a total annual remuneration of Rs 26.21 crore for the latest fiscal 2015-16. The disclosure follows a diktat from markets regulator Sebi
Mumbai: In the afternoon session on Monday Key Indian stock market indices were trading lower followed by the weak global cues. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 49.25
New Delhi: Notwithstanding the Indian economy’s steady growth, sectors such as telecom, engineering and electronics have witnessed a decline in employment rate over the last four years, says a report. ”The economic growth witnessed at
Non-productive expenditure of state governments remain a cause for worry and their growing liabilities need redressal, even though there has been some improvement in this regard, the Reserve Bank of India (RBI) has said in a report.
London: India is the fifth biggest exporter of fake goods globally, while China is on the top with a huge 63 per cent share in the estimated half-a-trillion dollar worldwide imports of counterfeit and pirated
New Delhi: Taxpayers account for just about one per cent of India’s population, but tax outgo was over Rs. 1 crore for as many as 5,430 individuals, as per the latest data disclosed by the
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