India
In a statement on July 19, the company said its board has decided to seek shareholders' approval for expanding the board to enable the induction of an independent woman.
22 Jul 2019 9:11 AM

Sebi and the corporate affairs ministry are looking into the alleged governance lapses at InterGlobe Aviation.

The Council had, in its June meeting, referred the issue relating to the GST concessions on electric vehicle, electric chargers and hiring of electric vehicles, to an officers' panel.
22 Jul 2019 5:14 AM

For electric vehicles' promotion, the government has already proposed to the Council to slash GST rates to 5 per cent from 12 per cent.

According to All-India Spices Exporters Forum, in 2017-18, pepper exports from India dropped nearly 40 per cent compared to that of two years ago to 16,840 tonne, which is the lowest in recent times.
22 Jul 2019 5:14 AM

Sector analysts pointed out that the international prices of pepper are down thanks to higher production in many countries compared with India.

As a testimony to ByteDance's recognition of India's efforts to frame a new data protection legislation, we are pleased to announce that we are taking a significant step towards establishing a data centre in India, said ByteDance.
21 Jul 2019 5:25 PM

The development assumes significance given that Indian government recently issued notices to Tiktok and Helo.

The government was of the blocks on day one and set the ball rolling on manifesto promises such as pension schemes for farmers, small traders and unorganised workers, the extension of PM-KISAN to all farmers, and setting up of a Jal Shakti Ministry. (Representational image)
21 Jul 2019 5:11 PM

Government spelt out its key priorities in the budget which was focused for making India a USD 5 trillion economy.

High-end phones that are getting sold in the grey market are estimated to cause a loss of Rs 2,500 crore annually on account of non-payment of basic customs duty (BCD) and also goods and services tax, said ICEA Chairman Pankaj Mohindroo.
21 Jul 2019 3:37 PM

The industry body has suggested imposing a maximum customs duty of Rs 4,000 on handsets priced above Rs 20,000.

Notwithstanding this, Birla's salary was 202.9 times higher than median remuneration paid to UltraTech employees in FY 2018-19.
21 Jul 2019 2:23 PM

UltraTech had 19,557 permanent employees on its rolls as on March 31, 2019.

The company, beginning mid-2020, will bring to production three sets of new discoveries in the block that will reverse the years of decline in production.
21 Jul 2019 1:40 PM

The fields produced an average of 1.76 million standard cubic metres per day of gas during April-June, the firm said.

The Parliament, earlier this month, passed an amendment bill which allows voluntary use of Aadhaar as proof of identity for users to open bank accounts and get mobile phone connections. (Photo: File | PTI)
21 Jul 2019 1:06 PM

According to the source UIDAI hopes to select the adjudicating officer in next month and half.

During the review period, IL&FS Group had availed rating services from Crisil Ltd, CARE Ratings, ICRA, India Ratings (a Fitch group company) and Brickwork.
21 Jul 2019 11:56 AM

Grant Thornton was asked to review ratings provided by various credit rating agencies (CRAs) to IL&FS group companies.


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