03 Oct 2015
New Delhi: The country's largest carmaker Maruti Suzuki India's board has approved a contract manufacturing agreement for a period of up to 30 years proposed to be signed with an arm of parent Suzuki Motor Corp (SMC) for the upcoming plant in Gujarat.
02 Oct 2015
Frankfurt: Embattled auto giant Volkswagen said yesterday an investigation it has commissioned into its massive pollution cheating scandal would take several months, as Australia became the latest country to warn the company it could face huge fines.
27 Sep 2015
Mumbai: In the first ever merger of two regulators, over 60-year-old FMC (Forward Markets Commission) will merge on Monday with the younger but much bigger capital markets watchdog Sebi to create a unified regulatory body.
11 Sep 2015
New Delhi: The Foreign Investment Promotion Board (FIPB) today cleared 14 foreign investment proposals including that of Shyam Sistema Teleservices and IIFL Holdings.
20 Sep 2015
New Delhi: In welcome news for taxpayers, the IT department has decided to launch a new system of issuing email notices to which an assessee can respond electronically, obviating the need for a physical interface with the taxman which often led to complaints about harassment.
24 Sep 2015
New Delhi: As part of efforts to popularise the electronic mode of filing Income Tax Returns (ITRs), the CBDT is planning to provide 'pre-filled' return forms to filers which will have an automatic upload of data on income and other vitals of a taxpayer.
15 Aug 2015
New Delhi: Taking the first step towards a holding company structure for public sector banks (PSBs), the government yesterday announced the setting up of a Banks Board Bureau (BBB).
09 Mar 2015
New Delhi: State Bank of Travancore (SBT) on Monday became the first bank to cut benchmark lending rate, or base rate, by 0.1 percent to 10.15 percent, almost a week after RBI slashed policy rate by 0.25 percent.
09 Sep 2015
New Delhi: Iconic business leader Ratan Tata is taking the mentor's role at technology venture capital firm IDG Ventures India. Tata has joined the advisory board of IDG Ventures as a Senior Advisor.
30 May 2015
Vadodara: The All India Bank Employees Association (AIBEA) today called for a nation-wide strike on June 24 in support of various demands of the State Sector Bank Employees Association (SSBEA).