Business News

Last updated: Thursday, September 29, 2016 6:16:03 PM

GST exemption limit fixed by Council, decision on rates later
New Delhi, Sep 23 (IANS) In its first set of decisions, the Goods and Services Tax (GST) Council on Friday fixed the turnover-based exemption limit from such levies at Rs 20 lakh, but left the decision on fixing the actual tax rates and the finalisation of draft rules for later.

Friday, September 23, 2016 3:10:04 PM

Council fixes exemption limit for GST, actual rate later
New Delhi, Sep 23 (IANS) In its first set of decisions, the Goods and Services Tax (GST) Council on Friday fixed the turnover-based exemption limit from such levies at Rs 20 lakh, but left the decision on fixing the actual tax rates and the finalisation of draft rules for later.

Friday, September 23, 2016 2:30:04 PM

Huawei to begin manufacturing in India from October
New Delhi, Sep 23 (IANS) Joining the bandwagon to Make in India, Chinese technology major Huawei on Friday announced to manufacture smartphones in the country in collaboration with leading sketch-to-scale solutions provider Flex.

Friday, September 23, 2016 2:16:04 PM

Indian equity markets dent on profit booking
Mumbai, Sep 23 (IANS) Indian equity markets were suppressed on Friday by profit booking at higher levels and mixed global sentiments.

Friday, September 23, 2016 1:12:06 PM

Profit booking dents equity markets
Mumbai, Sep 23 (IANS) Profit booking and mixed global sentiments depressed the Indian equity markets during the early morning trade session on Friday.

Friday, September 23, 2016 10:00:05 AM

Shipping Ministry proposes new MCA for port sector
New Delhi, Sep 22 (IANS) The Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure.

Thursday, September 22, 2016 10:32:04 PM

Hope to resolve all pending issues on GST: Jaitley
New Delhi, Sep 22 (IANS) Finance Minister Arun Jaitley on Thursday expressed the hope that all pending issues will be resolved in due course for a uniform pan-India indirect tax regime taking effect from the targeted date of April 1 next year.

Thursday, September 22, 2016 8:24:03 PM

Wipro consumer arm buys Chinese personal care firm
Bengaluru, Sep 22 (IANS) Wipro Consumer Care & Lighting's Singapore subsidiary on Thursday announced acquiring 100 per cent shareholding of Zhongshan Ma Er Daily Products Ltd of China in an all-cash deal for an undisclosed amount.

Thursday, September 22, 2016 7:50:06 PM

Foreign firms to develop train tech in India: Prabhu
New Delhi, Sep 22 (IANS) Union Minister Suresh P. Prabhu on Thursday said that the government has asked global railways' innovators to develop their latest technologies in India.

Thursday, September 22, 2016 7:38:05 PM

Equity markets soar on positive global, domestic cues (Roundup)
Mumbai, Sep 22 (IANS) Positive global cues, coupled with fresh inflow of foreign funds and a strong rupee, lifted the Indian equity markets on Thursday.

Thursday, September 22, 2016 7:02:25 PM

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