New Delhi (IANS) To shore-up market share, airline major IndiGo has launched an offer whereby passengers will be able to book two seats for a single passenger. The offer ‘6E double seat’ is available on IndiGo’s website for both passengers as … read more
New Delhi (IANS) Ride-hailing major Uber on Thursday announced the appointment of Prabhjeet Singh as President Uber India and South Asia, tasked with overseeing the next phase of growth in the companys mobility business across India, Sri Lanka and Bangladesh. The … read more
Mumbai (IANS) Reliance Jio’s new commerce platform JioMart and Whatsapp will be working closely to create growth opportunities for millions of Indian small merchants and kirana shops, Reliance Industries (RIL) Chairman Mukesh Ambani said on Wednesday. Facebook-owned instant messaging platform WhatsApp, … read more
New Delhi (IANS) The contraction rate of India’s wholesale price inflation sharply narrowed down in June on a sequential basis, official data showed on Tuesday. Accordingly, the index numbers of wholesale price showed the inflation rate of June at (-) 1.81 … read more
Mumbai (IANS) The Indian rupee has been caught in a flux of higher FDI inflows and swelling foreign exchange reserves, thereby restricting its future movement around the Rs 75 per US dollar mark. Analysts opined that the rupee is caught between … read more
New Delhi (IANS) The Enforcement Directorate (ED) has attached Rs 2,203 crore assets of Yes Bank founder Rana Kapoor, his family, Dewan Housing Finance (DHFL) promoters and others under the Prevention of Money Laundering Act (PMLA) in the Rs 3,700 crore … read more
New Delhi (IANS) The Central Board of Direct Taxes (CBDT) has notified changes in the Income Tax Act that expands the definition of the infrastructure sector and extends tax exemption to sovereign wealth funds on their investments in India. As per … read more
New Delhi (IANS) The downturn in the oil market is beginning to impact those who had a fair share in keeping it oversupplied and prices suppressed. The US shale oil producers are beginning to feel the pain of lower oil prices … read more
Jaipur (IANS) The hospitality industry in Rajasthan is seeing a silver lining with properties in Jaipur and Udaipur receiving booking queries from domestic and international travellers which had stopped under the lockdown imposed nationally in the wake of the Covid-19 pandemic. … read more
Mumbai/New Delhi (IANS) There is more controversy around absconder Mehul Choksi’s companies Gitanjali Gems Limited (GGL), Nakshatra World Limited (NWL) and Nakshatra Brands Limited (NBL), as now the insolvency professional (IP), Vijay Kumar Garg, has been penalised for “attempt to siphon … read more