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Haryana industries can now apply for exemption from employing women for night shift duty

The Haryana government today said factories registered under the Factories Act, 1948, can apply for the exemption from employing women in the night shift from 7 pm to 6 am.

1 hour ago

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Government gets Rs 42000-crore revenue so far in first filing under GST: Official

So far, 10 lakh tax payers have filed returns and another 20 lakh have logged in and saved return forms.

1 hour ago

The new logo of State Bank of India (SBI). (File photo | Reuters)
SBI announces up to 100 percent waiver on processing fee till December

Market leader State Bank of India today announced waiver of up to 100 per cent processing fee on car, gold and personal loans, albeit for limited periods.

2 hours ago

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Syndicate Bank appoints Ajay Nanavati as chairman

The Appointments Committee of the Cabinet has approved his appointment as Non-Official Director/Non-Executive Chairman in Syndicate Bank for three years, sources stated.

2 hours ago

The logo of the Securities and Exchange Board of India (SEBI) is pictured on the premises of its headquarters in Mumbai. (File Photo | Reuters)
Indian Energy Exchange gets SEBI approval for IPO

The company had filed IPO papers with Sebi in June and got 'observations' from it on August 14, which is necessary for a company to launch the public offer, sources stated.

2 hours ago

Former Infosys CEO Vishal Sikka. (File photo | PTI)
Vishal Sikka wanted to leave since February; blame game on Narayana Murthy to cover up bad performance: Former Infosys CFO

"Sikka wanted to leave from February by his own admission. He is covering up his own failure to reach the target by blaming Narayana Murthy," Mohandas Pai told media.

3 hours ago

Tata Motors chief executive officer Guenter Butschek (left) and Tata Sons chairman N Chandrasekaran. (File photo | PTI)
Speculation over my future in Tata Motors annoying: CEO Butschek

Butschek, the Airbus former COO, was appointed to lead the home-grown auto major in January last year by ousted Tata Sons chairman Cyrus Mistry.

3 hours ago

Tata Motors. (File photo | Reuters)
Tata Motors to pump in over Rs 4000 crore this fiscal to boost sales: CEO Butschek

The company has committed to invest 25 billion rupees in its car unit and will pump more than 15 billion rupees into its trucks and bus business this year and annually over coming years, the CEO said

3 hours ago

Honda Motor Co. headquarters. (File Photo | Reuters)
Honda Motorcycle targets sales of six million units in FY17-18

Early this month, the company ramped up production at the Narsapura factory in Karnataka by adding 0.6 million units, Senior Vice-President, Sales and Marketing said. 

3 hours ago

Infosys (File photo| Reuters)
Infosys shares extend downslide; down over five percent at market closing

The stock slumped 5.37 per cent to close at Rs 873.50 on BSE. During the day, it slipped 5.75 per cent to Rs 870 -- its 52-week low.

4 hours ago

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India consumer confidence sees largest decline in Asia-Pacific in H1 2017: Survey

While consumer sentiment remained stable in 11 out of the 18 Asia-Pacific markets, India witnessed the largest deterioration in confidence level across the region, the Mastercard survey noted.      

4 hours ago

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GST pulls down India Inc profits by 15.7 percent to Rs 87,475 crore in Q1: Report

The maximum drop was seen in consumer goods, automobile segment, construction & real estate, finance, refineries, paper & paper products, pesticides & agrochemicals sectors, Care Ratings stated.

4 hours ago

A Fiat car is pictured at the economy ministry in Berlin. (File photo | Reuters)
China's Great Wall interested in bidding for Fiat Chrysler: Company sources

In a statement, Fiat Chrysler said it had not been approached by Great Wall Motor, and was busy with implementing its current five-year business plan.

4 hours ago

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai. (File photo | Reuters)
Markets extend losses, Infosys pulls down Sensex to end 266 points lower

Stocks were pulled down by heavyweight Infosys and other blue-chips amid a lower opening in Europe.     The IT sector faced the backlash following Vishal Sikka's surprise resignation as Infosys CEO.

4 hours ago

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Finance Ministry asks I-T officials to submit note on high-pitched tax assessments

A tax demand is called 'high-pitched' if the income-tax officer estimates the income to be at least more than twice the amount declared by the taxpayer.

5 hours ago

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NTPC seeks shareholder approval to raise Rs 15000 crore via bonds

The special resolution is listed on the agenda of the annual general meeting scheduled for September 20, NTPC said.

5 hours ago

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Over 90 lakh farmers benefited from crop insurance scheme, PM Modi told

The prime minister was informed that claims of over Rs 7,700 crore have already been paid to farmers under the Pradhan Mantri Fasal Bima Yojana, according to a PMO statement.

5 hours ago

The logo of Essar group is seen at its headquarters in Mumbai. (Photo | Reuters)
India's Essar Oil refinery to double throughput, create petrochemical facility: Rosneft

Spokesman for Rosneft, which bought a 49 percent stake in Essar Oil, also said that Essar will increase the number of filling stations to 5,500 from current 3,500 stations in the medium term.

5 hours ago

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Gold consignments from South Korea to face strict Customs scrutiny: Sources

Further, the customs authorities has also suggested to the commerce department to consider amending provisions related to value addition of the FTA with South Korea.

5 hours ago

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Tata Power launches electric vehicle charging facility in Mumbai

These chargers would facilitate electric car users to charge their cars at any time safely.

6 hours ago

Mercedes-Benz AMG GT R. (Photo courtesy: Twitter@rohinnagrani)
Mercedes-Benz launches AMG GT R, GT Roadster in India

With these launches, Mercedes-Benz now has 12 AMG models in India.

6 hours ago