Cairn India moves HC against tax demand
Monday moved Delhi High Court seeking quashing of income tax department's demand order to pay Rs.20,495 crore tax. The company allegedly failed to pay......
Tag : Corporate News
GMR Infrastructure wins Rs.5,000 crore rail corridor project
said on Monday that a consortium led by the company has won the bid for construction of the 417 km eastern dedicated freight corridor railway...
Bajaj Auto’s 2014-15 sales down 2 percent
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RBI rate cut not enough to stimulate manufacturing : FICCI
bi-monthly monetary policy review on Tuesday, the FICCI said on Sunday that any cut in interest rates would not be "adequate to stimulate investment in......
Vistara launches flight service between Delhi-Guwahati
passenger carrier Vistara Thursday launched its inaugural flight from New Delhi to Guwahati. "We've had lots of customers asking us to fly to the easte......
Nissan’s 2014-15 sales up 24 percent
Nissan Motor India Thursday reported a sales growth of 24.2 percent for 2014-15 which stood at 47,474 units. The company sold 38,220 units in 2013-14.......
Spicejet agrees to out-of-court settlement with plane lessors
operator Spicejet on Wednesday said it has agreed to settle out-of-court the dispute over five aircraft rentals with lessors managed by BBAM Aircraft L......
New airline Air Pegasus takes off April 12 ex-Bengaluru
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RBI approves amalgamation of ING Vysya Bank with Kotak Mahindra
of India (RBI) on Wednesday announced its sanction to the scheme of amalgamation of ING Vysya Bank Ltd with the Kotak Mahindra Bank Ltd. In...
Indian Inc. welcomes new foreign trade policy
Wednesday welcomed the slew of measures announced by the government in its new five-year foreign trade policy. The new policy, which is in line with...
Hyundai 2014-15 sales up 10.62 percent
Hyundai Motor India Wednesday reported a 10.62 percent rise in its total sales for 2014-15, which stood at 420,668 units from 380,253 units sold in...
Flydubai mulls in-flight advertisement revenue
airlines flydubai is mulling in-flight advertisements as an additional revenue source, a senior company official said. "Currently, we do not have any i......
Prices of transport fuels lowered
Wednesday lowered the prices of petrol by Rs.0.49 per litre and diesel by Rs.1.21 per litre following a fall in the prices of global crude...
Fertiliser industry lauds pooling domestic, imported gas prices
industry on Wednesday hailed the cabinet approval to the supply of gas at uniform price through a pooling mechanism, but said it does not address...
RIL wins two oil blocks in Myanmar
Reliance Industries Ltd on Tuesday said it has been awarded two offshore blocks for exploration of oil and gas in Myanmar. Myanmar had invited bids...
Private sector company’s definition changed for funding scheme
on Tuesday aligned the definition of the term "private sector company" to that in the guidelines for the Viability Gap Funding Scheme (VGF Scheme) for......
Mobile operators contest DoT’s tariff math post-auction
Delhi, April 01 Mobile operators and telecom equipment makers on Tuesday contested the Department of Telecom's (DoT) calculation on the impact of the r......
Core industries’ February output growth falls to 1.4 percent
industries output growth slowed to a four-month low of 1.4 percent in February, on the back of a contraction in the production of steel, fertilisers...
RBI’s pincer move to cut bank loan limit for corporates
March 31 India's corporate sector may face a double whammy if the Reserve Bank of India goes ahead with its proposed norms on the exposure...
Move to revive gas-based power will benefit banks: Moody’s
government's decision last week to allow gas-based power units lying idle to import feed stock through e-auctions as "credit positive", rating agency M......