No buyers for Air India may mean divestment to be put off

New Delhi (IANS) Air India is not finding any takers and the privatisation may be put off by three years, delivering a blow to the efforts to divest the national carrier.

It seems that due to the turbulence caused in the aviation sector by…

Centre proposes tax incentives for foreign funds shifting to GIFT City

New Delhi (IANS) In a bid to attract off-shore funds to set up their base in India, the Centre has proposed tax incentives or foreign funds who decide to shift their base to International Financial Services Centre (IFSC) at the Gujarat International…

Apple to celebrate Diwali with 1st India online store on Sep 23

New Delhi (IANS) Ending months of speculation, Apple is all set to launch its first exclusive online store in India on September 23 just ahead of the festive season, offering a full range of products, support and premium experience to consumers across…

Make in India: Centre enhances approval free limits for FDI in defence

New Delhi (IANS) To accelerate the inflow of investments, and employment generation, the Centre has enhanced the FDI limit for the defence sector by allowing up to 74 per cent capital via automatic route.

Government approval will be required…

Fin Min directs customs for strict scrutiny of imports to prevent FTA misuse

New Delhi (IANS) Government has directed customs formations across the country for strict scrutiny of all imports from free trade agreement (FTA) countries to prevent entry of goods at concessional duty misusing the country of origin rules.

The…

Paytm says money safe, back on Google Play Store shortly

New Delhi (IANS) Leading digital payments platform Paytm on Friday said they have temporarily removed the cashback component from the cricket league on its platform in an effort to meet the Google Play Store policy requirements.

The clarification…

Happiest Minds' shares debut at 111% premium of issue price

Mumbai (IANS) Happiest Minds Technologies recorded an impressive debut on the stock exchanges on Thursday as it got listed at Rs 351 per share on the BSE, with a premium of 111.4 per cent against the issue price of Rs 166 per share.

It has…

ShareChat acquires video production firm HPF Films

New Delhi (IANS) Home-grown social media group ShareChat on Wednesday said it had acquired HPF Films, a video production company specialised in digital content.

The acquisition is aimed at helping ShareChat and its short video platform Moj,…

Riding High: Honda2Wheelers sees healthy Sep dispatches, southern support

New Delhi (IANS) A raging pandemic along with a phase of astrologically inauspicious time period does not seem to bother Honda Motorcycle & Scooter India which foresees accelerated demand and dispatches for September.

According to Yadvinder…

Equity indices in green, healthcare stocks surge

Mumbai (IANS) The key Indian equity indices traded in the positive territory on Tuesday backed by healthy buying in healthcare, consumer durables and banking stocks.

Around 10.25 a.m., Sensex was trading at 38,896.08, higher by 139.45 points…