Monday , May 28 2018

Business News

Narayana Murthy: Compensation hike to Infosys COO not proper

Naryana Murthy

Narayana Murthy, the Co-Founder of Infosys said that it was completely unfair about the compensation hike to the COO of Infosys and it will erode trust and faith of the employees. Co-founder of Infosys N.R. Narayana Murthy said that the compensation hike to the U.B. Pravin Rao who is the ...

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BS-III ban impact: Discount on two-wheelers up to Rs 22,000

Two -wheeler motor vehicles

The Supreme Court banned the sale of BS-III model vehicles from April 1 and all the motor vehicle companies offering discounts on vehicles. After the ban by the Supreme Court for the sales and registration of the two-wheeler vehicles with Bharat Stage-III model to reduce the vehicular emissions, the companies ...

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Indian foreign residents rushing to RBI to exchange scrapped notes

Scrapped notes

The Indian citizens who were in abroad during demonetisation are changing the old notes now, as the deadline for them extends on March 31 and people are waiting in queues at RBI offices. New Delhi:The Reserve bank of India is witnessing huge queue as the deadline for the exchange of ...

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Reliance Jio Prime Subscription deadline may extend to April 30

Reliance Jio

According to TeleAnalysis reports, Reliance Jio Prime Membership Subscription may extend the Deadline to April 30. Good news for the Reliance Jio users who haven’t subscribed to the Prime Membership. According to the reports from TeleAnalysis, the telecom operator may extend the Prime Subscription Plan of Jio to an another ...

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CAG to audit demoneitsation impact on Govt tax revenues

CAG Shashi Kant Sharma

CAG is ready to determine the demonetisation impact of Rs 500, Rs 1000 notes on government tax revenues. The Comptroller and Auditor General of India, Shashi Kant Sharma plans to audit the effect of demonetisation and the impact it has had on the administration’s tax revenues. He said the accountant is ...

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EU recommends suspending hundreds of drugs that have been tested by India’s Micro Therapeutic


EMA recommends to suspend of more than 300 generic drug approvals, drug applications due to ‘unreliable’ tests that were conducted by Indian contract research firm Micro Therapeutic. Europe’s medicines regulator has recommended suspending of more than 300 drug applications and generic drug approvals due to “unreliable” tests that are conducted ...

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Bharti Airtel to Purchase Tikona’s 4G business for Rs16 billion

Bharti Airtel to acquire Tikona’s 4G business for ₹16 billion

Telecommunications company Bharti Airtel said it would buy internet services provider Tikona Digital Networks’ 4G business in a deal worth 16 billion rupees. Telecom operator Bharti Airtel said it would buy Tikona Digital Networks’ 4G business in a deal worth 16 billion rupees which include Tikona’s Broadband Wireless Access spectrum ...

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Bajaj Hindusthan to sell power biz to LPGCL for Rs 1,227 crore

Bajaj Hindustan Sugar Ltd to sell power generation Business to LPGCL

Bajaj Hindusthan Sugar Ltd to sell its co-generation power business to its group company Lalitpur Power Generation Company Ltd, having 449 MW capacity at 14 locations in Uttar Pradesh. Bajaj Hindusthan Sugar Ltd sell its power business to Lalitpur Power Generation Company Ltd for a deal of Rs.1,227 crore. The company had ...

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According to Forbes list of World Billionaires 2017, Mukesh Ambani is the 33rd richest person in the world

Mukesh Ambani at 33 position in World Billionaries report

The new list released by Forbes magazine depicts that Reliance chief Mukesh Ambani holds 33rd position in the Worlds richest person leads India 101 Billionaires club. According to new Forbes list of the “World’s Billionaires 2017” India is home to world’s fourth highest number of billionaires with Reliance Industries chief ...

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A telecom giant is born amid Reliance Jio by the merger of Vodafone-Idea.


Vodafone, Idea merger to create biggest telecom operator in the country. Facing intense rivalry from Reliance Jio, the Aditya Birla Group chairman Mangalam Birla and the CEO of Vodafone group Vittorio Colao announced the merger of their Indian wireless telephony businesses, to create the largest telecom operator in the country. ...

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