Mumbai (IANS) Despite the addition of new members with diverse academic backgrounds, persistently high inflation will deter the Reserve Bank’s MPC to administer a dose of lending rate cut, experts opined. The expectations from the penultimate policy review of 2020 outcome … read more
New Delhi (IANS) Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced on Tuesday that a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore into RRVL, a subsidiary of Reliance Industries. This investment values … read more
New Delhi (IANS) Reliance Industries Limited (RIL) does not seem to be keen on a deal with Sony Pictures for a stake sale and merger in Viacom 18. As per sources, Mukesh Ambani led RIL is not keen on the Sony … read more
Mumbai (IANS) Expectations for new stimulus measures along with healthy macro-economic data will push India’s equity markets higher during the coming week, analysts said. Accordingly, investors are betting on the new stimulus measures being announced in the US and India to … read more
New Delhi (IANS) Reliance Industries Limited (Reliance Industries) and Reliance Retail Ventures Limited (RRVL) announced on Thursday that Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will invest Rs 6,247.5 crore into Reliance Retail Ventures Limited (RRVL), a subsidiary of … read more
New Delhi (IANS) The Central Board of Direct Taxes (CBDT) on Wednesday clarified that Tax Collection at Source (TCS) will be applicable only on the amount received on or after October 1, 2020 and a seller would be required to collect … read more
New Delhi (IANS) About 39 per cent of Indian consumers believe that the economy will slowly recover over the next few months followed by a sharp rebound returning to pre-Covid levels by the end of 2020, in comparison with the global … read more
New Delhi (IANS) In a major push to domestic manufacturing in the country, the government proposes to pump in over Rs 3 lakh crore through an umbrella production linked incentive (PLI) scheme that will run simultaneously in 10 identified sectors for … read more
New Delhi (IANS) A fiscal package to put money in the hands of the consumer in the festival season is on the cards. The package could be rolled out around Navratri which is the biggest purchasing season for consumers and the … read more
New Delhi (IANS) Amazon Business on Friday announced a special anniversary sale from September 25 to September 30 on account of completing three years of its services in India. In a statement, the company said that the event will feature a … read more