IKEA to increase sourcing of toys from India
IKEA said it is exploring opportunities to partner with several players in the toy segment. Swedish furniture major IKEA, which has a range of over […]
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As us on investment | Where to put your money first
For goals beyond seven years, you must open a PPF account and invest in it each year. Q. I am a 25-year-old government employee. My […]
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Stocking ammunition to fight the crab
Normal hospitalisation and cancer benefit policies can be a good combo Through the past year, many illnesses have gone undiagnosed and untreated. They have to […]
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Data buoys: inflation cools to 4.06%, IIP rises 1%
Sharp softening in food prices helps moderate January CPI, while electricity, manufacturing lift December industrial output India’s retail inflation slowed to a 16-month low of […]
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Tyler Technologies To Acquire NIC For About $2.3 Bln – Quick Facts
Tyler Technologies Inc. (TYL), a provider of integrated software and technology services to the public sector, has agreed to acquire all outstanding shares of NIC […]
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Union Budget 2021 | Annual ULIP premium over ₹2.5 lakh to be taxed
Hike in FDI in insurance sector to increase capital inflows: experts Tax exemption on maturity proceeds of ULIPs or the unit linked insurance plans offering […]
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Choosing the frequency of an MCLR reset for your loan
When interest rates fall, it is beneficial for borrowers to have a shorter reset period as rate cuts will be passed on quickly to your […]
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HCL Tech Q3 profit rises 31% on digital, cloud momentum
Firm declares ₹4 interim dividend; raises growth guidance HCL Technologies said it posted a 31% increase in net profit for the third quarter ended December […]
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Manufacturing sector activity strengthened in December
Input cost inflation at 26-month high, export order growth fell to 4-month low India’s manufacturing sector activity strengthened in December, with manufacturers stepping up production […]
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Reliance Petroleum case | SEBI fines Reliance Industries, Mukesh Ambani, two other entities
Fines of ₹25 crore and ₹15 crore have been imposed on Reliance Industries Ltd (RIL) and Mukesh Ambani, respectively. Regulator SEBI on Friday imposed penalties […]
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Rule of 1% GST liability payable in cash may impact 45,000 units
Input tax credit may be used for up to 99% of GST due; rule meant to check fraud The mandatory requirement of 1% cash payment […]
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Wheels India expects exports to lead growth recovery next fiscal, says MD
Firm seeing pickup from customers that lends progressive direction, says Ram Wheels India is cautiously optimistic about the coming year, with export growth expected to […]
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Coal, Power Ministers discuss substituting imported coal with domestic fuel under ‘Aatmanirbhar’ campaign
During the meeting, both Ministers also deliberated on strategies for removing bottlenecks to augment coal supply in the country. Coal Minister Pralhad Joshi on Friday […]
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Tatas counter SP Group claim of mismanagement
Valuation of SP Group share in Tata Sons rose, SC told The Tatas on Wednesday countered in the Supreme Court, the accusation of mismanagement of […]
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Moody’s terms HDFC Bank’s multiple digital outages ‘credit negative’
The recurring outages also risk hurting the bank’s brand perception among a growing and increasingly digitally savvy customer base, it said. Global rating agency Moody’s […]
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IKEA to open second Indian store in Navi Mumbai on Dec 18
“We have been present online in Mumbai since early 2019.” World’s leading home furnishings retailer IKEA will open its second store in the country at […]
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IT spending in India to grow 6% in 2021 to USD 81.9 billion: Gartner
IT spending in 2020 is expected to total USD 79.3 billion, down 8.4 % from 2019. IT spending in India is projected to rise 6 […]
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BPCL gets 3-4 bids; Reliance skips, no big players in race
‘Multiple’ expressions of interest received, tweets FM The government on Monday received ‘multiple’ bids for buying out its stake in India’s second-biggest fuel retailer BPCL. […]
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Airlines await Deepavali cheer
Deepavali is the time for family reunions and all around cheer, including for airlines that see a surge in demand for travel. This year though […]
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Adani, Piramal, others revise offers for DHFL
Oaktree Capital has raised its bid price for the entire portfolio to ₹33,000 crore from ₹27,800 crore earlier, sources with knowledge of the development said […]
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