Indian SMBs more interested in online presence: GoDaddy

New Delhi (IANS) Compared to their global counterparts, Indian entrepreneurs and small business owners are more inclined towards building an online presence, says a survey by Internet names and registrations management major GoDaddy.

Almost…

Sensex down 178 points, CCD loses 20%

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note. News of Cafe Coffee Day owner's death shocked investors and led them to panic selling of the company's stocks.

The Sensex of…

Cafe Coffee Day founder Siddhartha reportedly goes missing in Karnataka

Bengaluru (IANS) Cafe Coffee Day retail chain outlets founder V.G. Siddhartha was found reportedly missing since late on Monday from near Mangaluru in Karnataka, police said on Tuesday.

"A case of Siddhartha missing since Monday…

Sensex slightly in red ahead of major results

Mumbai (IANS) The Indian equity market traded in the red during the early trade on Monday ahead of key corporate earning results of ITC, Bharti Airtel, Hero MotoCorp and Axis Bank.

The performance of the sector heavy-weights will also be a…

Lacklustre festival season awaits India Inc, projections gloomy

New Delhi (IANS) A lackluster festival season is set to greet India Inc. this year. The impact of a widespread slowdown in the economy is starting to show in the balance sheets of Indian corporates.

To make matters worse, projections for the…

GST Council slashes tax on EVs and EV chargers

New Delhi (IANS) Close on the heels of Union Budget providing tax relief for buying electric vehicles, the GST Council in its 36th meeting on Saturday cut the tax on electric vehicles (EV) from 12 per cent to 5 per cent effective August 1, 2019.

Govt in no hurry to float foreign currency bonds: CEA

Ahmedabad (IANS) Chief Economic Advisor to the Government, Krishnamurthy Subramanian, on Friday indicated that the government was not rushing into the idea of floating foreign currency sovereign bonds and "there is a deep thinking about the issue…

PNB returns to black with a bang, Q1 net at Rs 1,019 cr

New Delhi (IANS) Country's second-largest lender, the Punjab National Bank, on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on a big drop in provisioning for NPAs, thereby returning to black once again but…

Sensex, Nifty opens flat

Mumbai (IANS) Sensex and Nifty opened on a flat note on Friday. Selling pressure was seen in sectors like metal, media and IT scrips during the early trade.

At 9.16 a.m., the Sensex traded 26.32 points lower at 37,804.66 from its Thursday's…

Reliance Capital cuts its CP dues to nil, settles Rs 75 cr

Mumbai (IANS) The Anil Ambani-led Reliance Capital Ltd on Thursday said it has fully repaid its outstanding commercial paper (CP) of Rs 75 crore and cut its CP dues to zero.

In a statement, the company said it has repaid the CP outstanding…