ENS Economic Bureau

Government may have to pinch pennies as tax revenue falls

While different analysts peg the shortfall anywhere between Rs 1.7L crore and Rs 2.95L crore, they all agree the slip will be over Rs 1.45L crore.

29 Jan 2020

E-com firms have an edge over other platform users: CCI

The CCI also felt that the amount of control available with the platforms help them to position their brands better.

12 Jan 2020

Steel hub to attract USD 70 billion investment into East India

The Union Ministry of Steel is eyeing a cumulative investment of $70 billion into the eastern region’s steel industry.

12 Jan 2020

Parliamentary panel flags staff shortage at Ministry of Corporate Affairs

The Competition Commission of India and the Serious Fraud Investigation Office (SFIO) have 133 posts that remain vacant out of a combined sanctioned workforce of 325.

11 Dec 2019

Yes Bank considering Citax Holdings offer for USD 500 million investment

On Tuesday, the private lender's stock plunged by 10.4 per cent to close at Rs 50.40 per share on BSE.

11 Dec 2019

Samsung India profit declines 58 per cent; becomes USD 10 billion firm

The electronics giant’s revenue from operations rose at 19 per cent to Rs 70,627.7 crore from just Rs 59,370.9 crore the previous fiscal.

04 Dec 2019

BSE and NSE suspend Karvy Stock Broking for not complying with norms

While NSE suspended Karvy for non-compliance of regulatory provisions of the exchange, BSE deactivated the trading terminal altogether.

02 Dec 2019

PM Kisan, GST led to fiscal deficit: Finance Ministry

Being an election year, the government had launched PM Kisan Scheme under which the government had announced income support for small farmers.

24 Nov 2019

Piyush Goyal urges coffee bodies to find ways for making Indian coffee 'global brand'

India will be hosting the World Coffee Conference in Bengaluru from September 7-12, 2020.

16 Oct 2019

Days after strike threat from employee unions, BSNL, MTNL promise staff salaries before Diwali

While a months' salary is outstanding for BSNL employees, the case for MTNL is worse with around 22,000 employees yet to be paid their August and September salaries.

16 Oct 2019

Beware of wealth destroyers during bearish market situation

Everyone talks about wealth creators as they are the most popular and invariably get celebrated with bold headlines.

07 Oct 2019

PM Narendra Modi promises Rs 100 lakh crore worth infra investment in next five years

He also appealed people to participate in creating cities of the 21st century and asked them to make a resolve not to pollute water sources.

08 Sep 2019

Home and auto loans in '59-minutes'? Not really

The government has initiated 59-minute loan portal last year but small business owners are yet not very enthused with the Micro Small and Medium Enterprise (MSME) 59-minute loan scheme.

21 Aug 2019

Reliance Jio’s First Day First Show plans spooks multiplex stocks

Reliance Jio has come a long way from just being the bugbear of telecom sector incumbents.

19 Aug 2019

With slowdown hitting domestic market hard, automakers take expansion plans overseas

Commercial vehicles major Ashok Leyland too, in April this year, said that it is looking to set up more assembly plants overseas, including the Commonwealth (CIS) region and African countries.

18 Aug 2019

TRAI pulls up broadcasters, distributors for misusing new tariff mechanism

Regulator’s analysis finds that huge discounts were being given on bouquets which were preventing market discovery of individual channel rates.

18 Aug 2019

Snapchat opens first India office as users soar

Rapidly growing photo-sharing platform Snapchat’s parent firm — Snap Inc — has finally opened its first office in India at Mumbai.

18 Aug 2019

Mobile number portability firms stand to gain over Rs 100 crore in arrears

MNP is a facility that allows a user to switch telecom carriers without changing their mobile number.

18 Aug 2019

Nestle ties up with media for branding initiative

Nestle was looking for inspiring media narratives for its brands that go far beyond the 30-seconder.

11 Aug 2019

Intel’s India warranty policy faces CCI probe

The watchdog has found prima facie that Intel’s India-specific warranty policy for its Micro-Processors is unfair and discriminatory; CCI Director General told to submit report within 150 days

11 Aug 2019

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