Airtel raises funds to meet AGR dues

New Delhi (IANS) To meet the AGR dues of Rs 35,500 crore by January 23, Bharti Airtel on Friday came closer to arrange the funds as it announced allotment of Rs 32.35 crore equity shares to eligible buyers at an issue price of Rs 445 apiece as part…

ICF set to achieve target of 4,000 coaches in 19-20

New Delhi (IANS) The Integral Coach Factory (ICF) in Chennai is all set to meet its target of manufacturing 4,000 coaches in 2019-20 as it has manufactured over 3200 coaches in a period of nine months, railway officials said on Tuesday.

A senior…

BJP MP targets Microsoft CEO: Literate needs to be educated

New Delhi (IANS) Microsoft CEO Satya Nadella statement that "CAA is just bad for India" has not gone down well with the BJP, and party MP Meenakshi Lekhi trained guns at the corporate biggie on Tuesday.

Calling it a "perfect example" of "How…

Budget may offer flat tax rate sans exemptions to individuals also

New Delhi (IANS) The government is considering a proposal to extend further incentives to salaried taxpayers in the upcoming budget. The Finance Ministry may allow individual taxpayers to pay a lower flat rate of tax if they forego all exemptions.

Amazon's Bezos arrives in India, pays homage to the Mahatma

New Delhi (IANS) E-commerce major Amazon's global CEO Jeff Bezos, who is visiting India, paid homage to Father of the Nation Mahatma Gandhi at Raj Ghat on Tuesday.

Bezos, who is ranked amongst topmost global billionaires, shared a video…

Nilekani defends Infosys concealing whistleblowers' complaints

Bengaluru (IANS) The global software major was absolutely right in concealing the whistleblowers' complaints from the regulators and the media, Infosys chairman Nandan Nilekani has said.

"It is not the job of companies to take a whistleblower's…

Nusli Wadia withdraws defamation cases against Ratan Tata

New Delhi (IANS) On the suggestion of Chief Justice S.A. Bobde, Nusli Wadia on Monday in the Supreme Court withdrew the defamation cases against Ratan Tata.

Chief Justice Bobde appreciated Wadia Group chairman's response on the suggestion.…

Dec retail inflation sky-rockets to 7.35% as food prices surge

New Delhi (IANS) A massive rise in food prices lifted India's December retail inflation to 7.35 per cent from 5.54 per cent in November, official data showed on Monday.

Similarly, on a year-on-year (YoY) basis, the Consumer Price Index…

Auto expo to witness 60 launches; Jio, FB to attend

New Delhi (IANS) To re-attract consumers, the slowdown-dented automobile sector has lined up 60 launches, new technology offerings from debuting global brands at the biennial Auto Expo 2020.

In addition to auto manufacturers, Reliance Jio and…

'Mid-size enterprises neglected under MSME ministry'

New Delhi (IANS) Middle-scale enterprises face policy bias from the Ministry of Micro, Small and Medium Enterprises (MSME) and the administrative control of the such enterprises should be shifted to the Ministry of Commerce and Industries, according…