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Govt proposes Rs 2 lakh cap on cash transactions

Govt proposes Rs 2 lakh cap on cash transactions

The government on Tuesday proposed to reduce the cap on cash transactions to Rs 2 lakh, down from Rs 3 lakh as announced in the Union Budget. A penalty of…

AirAsia India announces two new routes

AirAsia India announces two new routes

Budget carrier AirAsia India announced the induction of the ninth Airbus A320 aircraft in its fleet, besides commencement of flight services to two new destinations, including Kolkata, from next month.…

Pre-bookings open for Tata Tigor at Rs 5,000

Pre-bookings open for Tata Tigor at Rs 5,000

Tata’s latest offering, the Tigor, can now be booked across Tata dealerships in the country. One can book the car by paying a token amount of Rs 5000. The Tigor…

Bharatiya Mahila Bank to merge with SBI

Bharatiya Mahila Bank to merge with SBI

The government on Monday said it has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to more…

India home to 101 billionaires, Mukesh Ambani tops list: Forbes

India home to 101 billionaires, Mukesh Ambani tops list: Forbes

India is home to world’s fourth highest number of billionaires with Reliance Industries chief Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new…

Union Cabinet clears GST supplementary legislations

Union Cabinet clears GST supplementary legislations

The Union Cabinet on Monday approved four legislations to implement the Goods and Services Tax (GST), ahead of their introduction in Parliament this week to enable roll out of the…

Efforts on to reduce crude oil imports, says Minister

Efforts on to reduce crude oil imports, says Minister

Steps are being taken to enhance oil and gas production to reduce crude oil imports, which has accounted for 82 per cent of the total domestic consumption this fiscal, the…

Idea board approves merger with Vodafone India

Idea board approves merger with Vodafone India

British telecom major Vodafone and Aditya Birla group-run Idea Cellular on Monday announced the merger of their Indian operations, creating the largest mobile operator by customer and revenue market share.…

I-T dept makes public list of defaulters owing Rs 448 cr

I-T dept makes public list of defaulters owing Rs 448 cr

The Income Tax department released a list of 29 entities owing Rs 448.02 crore in taxes as part of its strategy to name and shame large defaulters. In advertisements issued…

Hindujas are wealthiest Asians in U.K in 2017

Hindujas are wealthiest Asians in U.K in 2017

NRI businessmen Hindujas have retained their position as the richest Asians in the U.K in 2017 with an estimated wealth of 19 billion pounds, an increase of 2.5 billion pounds…