By Nirbhay Kumar Hangzhou (China), Nov 12 (SocialNews.XYZ) Setting a new record, Chinese e-commerce giant Alibaba has posted 24.3 per cent jump in total sales to $38.3 billion during the 11th edition of mega Singles’…
New Delhi, Nov 11 (SocialNews.XYZ) Despite the traditional up-tick in sales during the festive season, the slump in the domestic automobile sector continued unabated in October with the overall sectoral off-take plunging 12.76 per cent….
New Delhi, Nov 11 (SocialNews.XYZ) In a relief to taxpayers, the Central Board of Indirect Tax and Customs has clarified that a new rule announced last month, limiting input tax credit (ITC) claims to 20…
New Delhi, Nov 11 (SocialNews.XYZ) The Income Tax (IT) Department has found undisclosed income and instances of fund diversion by a group of trusts that runs educational institutions in and around Chennai after a search…
New Delhi, Nov 11 (SocialNews.XYZ) The government has decided a personal contact programme with members of trade and industry to ensure the success of its Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 that allows firms…
New Delhi, Nov 11 (SocialNews.XYZ) Saudi Aramco, which has acquired Saudi Basic Industries Corporation (SABIC) for $69 billion, intends to become a major player in petrochemicals, since as per filings, SABIC’s Asia assets are concentrated…
New Delhi, Nov 11 (SocialNews.XYZ) Contraction in manufacturing and mining activity and subdued demand dragged India’s September factory output deep into the red. The Index of Industrial Production (IIP) declined (-)4.3 per cent in September…
New Delhi, Nov 11 (SocialNews.XYZ) Nitin Gadkari, Minister of Micro, Small and Medium Enterprises, on Monday said that the government will buy 10 per cent of the bonds issued by the MSMEs to support them…
New Delhi, Nov 11 (SocialNews.XYZ) The Income Tax (IT) Department on Monday said that it has busted a racket of bogus bills and hawala transactions after search operations in 42 premises across Dehi, Mumbai, Hyderabad,…
New Delhi, Nov 11 (SocialNews.XYZ) As the economic scenario and business environment of India has worsened in the past few quarters, a survey by National Council of Applied Economic Research (NCAER) shows that the business…
By Subhash Narayan New Delhi, Nov 11 (SocialNews.XYZ) In one of the last reforms in the oil and gas sector, the government is set to free up pricing of all domestically produced gas that would…
Shimla, Nov 11 (SocialNews.XYZ) The Himachal Pradesh government and Dutch companies have signed 14 memorandum of understanding of Rs 200 crore, the largest by any country, an official said on Monday. The pacts mainly in…
By Anjana Das New Delhi, Nov 11 (SocialNews.XYZ) Insolvency regulator IBBI is currently considering the Group Insolvency laws framework but a timeline on when a decision will be taken cannot be given as it needs…
Johannesburg, Nov 11 (SocialNews.XYZ) ArcelorMittal’s South Africa unit on Monday announced it was shutting its steel operations at Saldanha, which was suffering “severe financial losses”. The company, majority-owned by ArcelorMittal, announced on its website that…
Mumbai, Nov 11 (SocialNews.XYZ) Indian financial markets closed with minor gains on Monday as investors traded cautiously ahead of the release of September industrial production and manufacturing output data. Led by private banks and media…
Mumbai, Nov 11 (SocialNews.XYZ) Scrips of HDFC Asset Management and Indraprastha Gas Limited on Monday surged to its 52 week high on the NSE after being included in the Morgan Stanley Capital International (MSCI) index…
New Delhi, Nov 11 (SocialNews.XYZ) Undeterred by the #logout campaign, Zomato Founder and CEO Deepinder Goyal on Monday announced a new programme for the Gold members with special deals and offers and free valet parking….
By Anjana Das New Delhi, Nov 11 (SocialNews.XYZ) The government will start roadshows for privatisation of ailing state-run Air India this week in Singapore with Disinvestment Secretary T.K. Pandey along with senior aviation ministry and…
New Delhi, Nov 11 (SocialNews.XYZ) Microsoft-owned professional networking platform LinkedIn on Monday launched “Open for Business” in India — a feature that allows freelancers and small business owners to add their services to their LinkedIn…
Mumbai, Nov 11 (SocialNews.XYZ) Increasingly unfriendly global political environment with tensions between the US and China over trade, India and Pakistan over Kashmir, EU and the UK over Brexit are “growth-diminishing”, Moody’s said on Monday….