Business News

Last updated: Wednesday, September 02, 2015 8:04:03 PM

Ernst and Young join hands with Kerala Startup Mission
Thiruvananthapuram, Sep 2 (IANS) Ernst and Young has joined hands with the state-owned Startup Mission in a first of its kind Business and Technology Accelerator programme for startups in the state.

Wednesday, September 02, 2015 2:46:17 PM

Asian cues dents markets; Sensex down 109 points
Mumbai, Sep 2 (IANS) Volatility prevailed in the Indian equities markets on Wednesday with negative cues from the Asian exchanges continuing to dampen investor sentiment -- leading a barometer index to shed 109 points during the mid-afternoon trade session.

Wednesday, September 02, 2015 2:20:04 PM

Cabinet clears revenue-sharing for auction of 69 oil, gas fields
New Delhi, Sep 2 (IANS) The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a landmark change in India's hydrocarbons exploration regime, sanctioning the auction of 69 small and marginal oil fields of state-owned ONGC and Oil India to private and foreign firms.

Wednesday, September 02, 2015 1:38:03 PM

Banking, insurance operations hit as employees strike work
Chennai/New Delhi, Sep 2 (IANS) Financial services were hit on Wednesday as lakhs of bank and insurance employees across the country began a one-day strike to protest against the anti-trade union and worker policies of the central government.

Wednesday, September 02, 2015 11:30:03 AM

Free family medical insurance for Ola drivers
Bengaluru, Sep 2 (IANS) Leading mobile application provider for personal transportation Ola on Tuesday announced free medical insurance to family members of drivers operating on its platform.

Wednesday, September 02, 2015 12:02:03 AM

Government accepts Shah panel report on MAT inapplicability
New Delhi, Sep 1 (IANS) The government on Tuesday accepted the recommendations of the Justice A.P.Shah committee on the applicability of the vexed minimum alternate tax (MAT) on foreign instituitional investors (FIIs), and said it has decided to effect an appropriate amendment to the Income Tax Act.

Tuesday, September 01, 2015 11:42:18 PM

Government not to pursue MAT cases against FIIs: Sources
New Delhi, Sep 1 (IANS) The Central Board of Direct Taxes (CBDT) is likely to soon issue instructions to field officers not to pursue pending cases of the controversial minimum alternate tax (MAT) against foreign institutional investors (FIIs), said informed sources on Tuesday.

Tuesday, September 01, 2015 10:46:16 PM

Blue Bird logistics launches online cargo marketplace
New Delhi, Sep 1 (IANS) Delhi-based freight logistics firm Blue Bird on Tuesday launched - an online cargo marketplace focused on small and medium enterprises (SMEs) to aid exports of cargo in over 40 countries.

Tuesday, September 01, 2015 10:14:03 PM

Railway minister launches three IT initiatives
New Delhi, Sep 1 (IANS) Railway Minister Suresh Prabhu on Tuesday launched three IT initiatives developed by the Centre for Railway Information Systems (CRIS), the ministry's IT arm.

Tuesday, September 01, 2015 10:06:14 PM

Zomato invests in Pickingo and Grab, partners with Delhivery
New Delhi, Sep 1 (IANS) Food and restuarant discovery platform Zomato on Tuesday said that it had entered into strategic investments with Gurgaon-based Pickingo and Mumbai-based Grab, both hyper local delivery players, to enable last-mile delivery for restaurants including dine-in-only restaurants that don't otherwise deliver food.

Tuesday, September 01, 2015 9:56:14 PM

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