Jio and BSNL earn more mobile users in December, Vodafone Idea loses maximum: TRAI

Telecom subscribers in the country have grown marginally to 119.7 crore in December operators, Reliance Jio and state-run BSNL roping in new mobile users, according to a Trai report. Reliance Jio added... Read more »

GST Council postpones decision on tax on real estate, extends deadlines for sales returns

The GST Council has delayed a decision on rationalisation of tax rates for real estate and lotteries till February 24 when it will continue the discussion, as some opposition-ruled states sought a... Read more »

India needs to implement some serious policy changes for higher growth, says Uday Kotak

At the 10th edition of KIE’s Chasing Growth conference, Uday Kotak focused at chasing growth over the next 10 years, outlining potential 8% GDP growth and a need for policy changes to... Read more »

Sugar mill operating margins goes up by 300-400 bps, cane arrears lowers to 18% this season

Operating margins of sugar millers could improve by 300-400 basis points (bps) in sugar season (SS) 2019 (October 1, 2018, to September 30, 2019) following a ~7% increase in the minimum support... Read more »

RBI Governor to meet top bank officials by end of this month

Governor of Reserve Bank of India Shantikanta Das said that he would meet top officials of state-run and private sector banks by the end of this month. They will discuss issues of... Read more »

Varun Beverages to handle Pepsi bottling in West and South.

Million dollar beverage company PepsiCo plans to divest its bottling franchisee rights in the West and South of the country. The company in talks is Varun Beverages in a deal estimate of... Read more »

CIC raps RBI for non disclosure of demonetisation data

The Central Information Commission asked the RBI to come clean on “perfunctory handling” of an RTI application. The application wished to seek records to the RBI board meetings where the issue of... Read more »

People with income up to Rs 9.5 lakh to escape tax liability says FM

Since tax concessions have been provided with a view that poor and middle class people live less stressful lives. Finance Minister Piyush Goyal on Tuesday said that now individuals earning up to... Read more »

IKEA looking to open more stores in India

Swedish home furnishings major IKEA on February 14 said it strives to have an omnipresence in India in the months to come. In 2018, IKEA had started its first store in Hyderabad.... Read more »

RBI gives Yes Bank clean chit, Yes Bank shares recovered

Yes Bank has breathed a sigh of relief as it was under pressure last year to bring in a new CEO along with coherent methods by the RBI to tackle domestic banks’... Read more »