New Delhi, Dec 12 (SocialNews.XYZ) The national anti-profiteering agency has slapped a Rs 90 crore penalty on FMCG giant Nestle India for not passing on the benefit of the goods and services tax (GST) reduction…
New Delhi, Dec 12 (SocialNews.XYZ) The government on Thursday ruled out any waiver or lowering of interest, penalty or interest on penalty on unpaid statutory dues of Bharti Airtel and Vodafone Idea based on Adjusted…
New Delhi, Dec 12 (SocialNews.XYZ) Dwindling manufacturing activity on the back of subdued demand conditions, contracted India’s October factory output by 3.8 per cent. Source: IANS
New Delhi, Dec 12 (SocialNews.XYZ) Angry at the reported move of the Ministry of Micro, Small & Medium Enterprises (MSME) to join hands with Amazon and Flipkart for on boarding of traders on their e-commerce…
New Delhi, Dec 12 (SocialNews.XYZ) A massive rise in food prices lifted India’s November’s retail inflation to 5.54 per cent from 4.62 per cent in October, official data showed on Thursday. Source: IANS
Pune, Dec 12 (SocialNews.XYZ) IT major Tech Mahindra on Thursday said it has won a Rs 500 crore smart city project from Pune’s Pimpri Chinchwad Municipal Corporation (PCMC). Through this project, Tech Mahindra will engage…
Mumbai, Dec 12 (SocialNews.XYZ) The Sensex and Nifty ended higher on Thursday over firm global cues metals and banking scrips outperformed while IT index slid due to strong rupee. Yes Bank jumped 6 per cent…
New Delhi, Dec 12 (SocialNews.XYZ) Electronics major Samsung India is renewing its focus on the air conditioner (AC) business in India and aims to become the top player in the country by 2022, a senior…
New Delhi, Dec 12 (SocialNews.XYZ) The government on Thursday ruled out any plans to sell stake or disinvestment of ailing telecom PSUs — Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) in…
Los Angeles, Dec 12 (SocialNews.XYZ) The Schall Law Firm, a shareholder rights litigation firm based in Los Angeles has announced the filing of a class action lawsuit against Infosys Limited. According to the complaint, Infosys…
New Delhi, Dec 12 (SocialNews.XYZ) The revenue from the telecom sector to the government has seen a seven per cent drop in fiscal 2019, Rajya Sabha was told on Thursday. The Communications Ministry said in…
New Delhi, Dec 12 (SocialNews.XYZ) Rating agency ICRA has maintained a negative outlook for the Indian telecom industry, which is grappling with AGR dues, notwithstanding the green-shoots of recovery. The telecom industry woes, according to…
Mumbai, Dec 12 (SocialNews.XYZ) Alibaba Cloud on Thursday announced a distribution partnership with ZNet Technologies Private Limited, India’s leading cloud distributor offering cloud infrastructure and managed services. ZNet is owned by RP tech India (a…
By Venkatachari Jagannathan Chennai, Dec 12 (SocialNews.XYZ) India’s own semi-high speed train Vande Bharat or Train 18 is highly energy efficient and also weighs less contrary to some reports, said sources in the Indian Railways….
New Delhi, Dec 12 (SocialNews.XYZ) The Indian economy has been through a severe and a prolonged slowdown in 2019 and real estate remained a key element in it. However, according to an Anarock report affordable…
Mumbai, Dec 12 (SocialNews.XYZ) Sensex and Nifty opened higher on Thursday ahead of the release of key macro figures — CPI and IIP — later in the day. Analysts have said that the upcoming macro…
Kolkata, Dec 11 (SocialNews.XYZ) Offering “business with a smile” and “without tension”, West Bengal Chief Minister Mamata Banerjee here on Wednesday wooed investors claiming the state didn’t discriminate against anybody and its economic fundamentals were…
Mumbai, Dec 11 (SocialNews.XYZ) The Maha Vikas Aghadi (MVA) government here on Wednesday decided to name the upcoming Nagpur-Mumbai Super Communication Expressway (NMSCE) after the Shiv Sena founder-patriarch late Balasaheb Thackeray, officials said. The decision…
New Delhi, Dec 11 (SocialNews.XYZ) Maruti Suzuki India Ltd on Wednesday tied up with Federal Bank to provide dealer finance and customised auto retail financing solutions to its customers. The MoU was signed in the…
New Delhi, Dec 11 (SocialNews.XYZ) The Union Cabinet on Wednesday approved changes in the Insolvency and Bankruptcy Code (IBC), including protection of buyers from criminal proceedings against previous promoters of the bankrupt firm. The amendments…