NCLT approves ArcelorMittal's Rs 45,000 cr Essar Steel takeover plan

Ahmedabad (IANS) The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Friday approved ArcelorMittal's Rs 45,000 crore resolution plan for the insolvent Essar Steel.
 

IGIA declared as 'Best Airport' in 2018 ASQ Awards

New Delhi (IANS) The Indira Gandhi International (IGI) airport here has been adjudged as the best airport in the category of over 40 million passengers per annum (MPPA) in Asia Pacific by Airports Council International (ACI) in the Airport Service…

India may abandon proposed trade package with US

New Delhi (IANS) Withdrawal of special duty benefits by the United States has got the Indian government into a high level internal consultation process on the options it has, including abandoning the proposed trade package.

"We have been…

Key Indian equity market indices open in green

Mumbai (IANS) Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher.

The Sensitive Index (Sensex) of the BSE, which had closed at 36,636.10 points on Wednesday, opened higher at 36,744.02 points.

Maruti Suzuki introduces new WagonR CNG model

New Delhi (IANS) Automobile major Maruti Suzuki India on Wednesday introduced the new WagonR S(Smart)-CNG with a starting price of Rs 4.84 lakh (ex-showroom Delhi).

"Maruti Suzuki WagonR S-CNG will be available in states with CNG infrastructure…

Jio propels Mukesh Ambani to 13th spot in Forbes' billionaire list

New Delhi (IANS) The phenomenal growth of Reliance Jio, backed by its ultra-cheap data plans that has transformed the telecom scenario in India, has helped Reliance Industries Chairman Mukesh Ambani move six places up to rank 13th in US magazine Forbes'…

Corporate tax could be cut on better GST collections: FICCI

New Delhi (IANS) The government has assured to reduce corporate tax to 25 per cent from 30 per cent once the goods and services tax (GST) collections improve, said industrialists who met Finance Minister Arun Jaitley at North Block on Tuesday.

US' GSP withdrawal won't hurt India, benefits minimal: Official

New Delhi (IANS) Downplaying the likely effects of the US withdrawal of benefits for Indian exports under the Generalised System of Preferences (GSP) programme, Commerce Secretary Anup Wadhawan on Tuesday said the decision will not have any major…

Trump announces plans to end $5.6 bn preferential trade programme for India

New York (IANS) US President Donald Trump has announced that he was ending India's $5.6 billion trade concessions under the Generalised System of Preferences (GSP) programme accusing New Delhi of not providing Washington "equitable…

Equity indices open marginally lower

Mumbai (IANS) The key Indian equity indices opened on a negative note on Tuesday, with the Sensex trading marginally lower, in line the major Asian markets.

At 9.24 a.m., the BSE Sensex traded at 36,027.30, lower by 36.51 points or 0.10 per…