Mumbai/New Delhi (IANS) Assets of the erstwhile South Korean global automobiles giant, Daewoo Motors India Ltd., which were taken over in 2008 by a newly-formed Pan India Motors, would again go under the hammer onApril 11 and DRT Mumbai aims to recover … read more
Mumbai (IANS) Mahindra Group Chairman Anand Mahindra may have found the perfect reply to the most discerning question asked to Indian automobile manufacturers: “Kitna deti hai?” (What’s the mileage). “Sirji, electric hai…shock deti hai!” the businessman said, replying to the query … read more
Bengaluru (IANS) Indian IT apex body Nasscom on Friday said it has entered into a partnership with Xuzhou city in Jiangsu province to develop an IT corridor in eastern China. “The partnership with Xuzhou is to help develop the software market … read more
Bengaluru (IANS) UK-based automobile and aerospace major Rolls-Royce has selected Infosys as a strategic long-term partner to deliver engineering and digital services, said the global software services major on Thursday. “As part of the engagement, we will leverage offer Rolls-Royce engineering … read more
Mumbai (IANS) The Anil Ambani-led Reliance Capital Ltd on Thursday said it will reduce its debt by approximately Rs 10,000 to 12,000 crore in the next three-four months by monetising its stakes in group companies and non-core investments. In a statement … read more
In this national election year, the concept of a universal basic income has become a political football. The opposition Congress Party is promising to implement a “nationwide minimum income for the poor” and Prime Minister Narendra Modis administration is proposing … read more
New Delhi (IANS) Downplaying the likely effects of the US withdrawal of benefits for Indian exports under the Generalised System of Preferences (GSP) programme, Commerce Secretary Anup Wadhawan on Tuesday said the decision will not have any major impact on overall … read more
Mumbai (IANS) The Board of Control for Cricket in India (BCCI) in the recent ICC quarterly meeting was told by the world body to get tax exemption for conducting future global events like the 2021 T20 World Cup and 2023 ODI … read more
New York (IANS) US President Donald Trump has announced that he was ending India’s $5.6 billion trade concessions under the Generalised System of Preferences (GSP) programme accusing New Delhi of not providing Washington “equitable and reasonable access” to its markets. Trump, … read more
It was an eventful week with a lot of action on the border, and some of it, at the bourses. India struck Balakot in Khyber Pakhtunkhwa province in Pakistan in a preemptive strike in the early hours of February 26. … read more