Government likely to lower corporate tax in wake of GST collection rise

The government has agreed to lower corporate tax rate to 25 per cent for all companies once Goods and Services Tax (GST) mop-up improves, Ficci President Sandip Somany said Tuesday. Somany, after... Read more »

Reliance Infrastructure wins Rs 648 crore contract from AAI, share surge 6%

Shares of Reliance Infrastructure have increased 6 per cent in intra-day trade on Tuesday after Anil Ambani-led company said it has received the Letter of Award (LOA) from the Airports Authority of... Read more »

Trump plans to cancel preferential trade status for India, Turkey

United States President Donald Trump has said that he would like to finish the preferential trade status granted to India and Turkey. He also stated that New Delhi has failed to assure... Read more »

Lok Sabha’s elections to be held on time despite India-Pak tensions.

The Election Commission of India announced that the Lok Sabha poll would be scheduled for March 9, Saturday. Last week, Chief Election Commissioner Sunil Arora had said that general elections in the... Read more »

RIL to acquire Grab and C-Square Info Solutions

RIL-arm Reliance Industrial Investments has reached into an agreement to acquire logistics services platform Grab and software firm C-Square Info Solutions. Reliance Industries, in a regulatory filing, said its wholly owned subsidiary... Read more »

Donald Trump wants reciprocal tax to combat high tariff rates in India

Donald Trump, the US President on Saturday alleged that India is a very high-tariff nation. Trump said that he would like a reciprocal tax to combat this.  Trump stated that India’s tariff... Read more »

Tesla’s $35,000 car of Model Sedan brings loss to Tesla’s Q1 results.

Tesla Inc said on Thursday it would not profit from its first quarter, as it’s offering a $35,000 version of its Model 3 sedan. Its global sales would also be online to... Read more »

CBI raids Chanda Kochhar, Videocon’s Venugopal Dhoot’s homes over ICICI-Videocon loan case.

The Enforcement Directorate (ED) has been undertaking searches at premises of former ICICI Bank MD and CEO Chanda Kochhar and Videocon managing director Venugopal Dhoot, entangled in a quid pro quo case.... Read more »

Future Group to bring 7-Eleven stores to India

Kishore Biyani’s Future Group on February 28 joined hands with Japanese-owned convenience chain 7-Eleven in to open its first store in India, the company said in a BSE filing. This will mark... Read more »

AF pilot to return today, Nation and family rejoices

The Indian Air Force are very happy that pilot Wing Commander Abhinandan Varthaman who was help in custody by Pakistan will return home. They however dismissed suggestions that it was a goodwill... Read more »