BUSINESS

US says India "remains challenging place" to do business, urges to minimise bureaucratic hurdles

In its report, the State Department said that the National Democratic Alliance (NDA) government's first 100 days of its second term were marked by two "controversial" decisions.

published on : 22nd July 2021

Hyderabad-based businessman donates golden sword worth Rs 1.5 crores at Tirumala temple

The gold sword weighs 2 kg and the businessman, MS Prasad, also offered silver accessories weighing around 3 kg.

published on : 20th July 2021

Singaporean businessman charged with providing money to IS militant for terror activities

Anyone found guilty of providing property and services for terrorist purposes may be jailed for up to 10 years, fined up to SGD 500,000, or both, the Malaysian Home Ministry said.

published on : 19th July 2021

Small businesses to launch over 2,400 products for Prime Day'21: Amazon India

Over 75,000 'Local Shops on Amazon' sellers from more than 450 cities will make their Prime Day debut in India, it added.

published on : 18th July 2021

SRM-Andhra Pradesh joins hands with Harvard Business School Online for courses

SRM University-AP collaborated with Harvard Business School Online to offer high-impact online courses to its students.

published on : 18th July 2021

Saudi Arabia allows businesses to open during prayers in key reform

Officially, the decision is part of the fight against the coronavirus pandemic and aims to avoid "gatherings and long queues in front of closed stores during prayer hours". 

published on : 17th July 2021

Two Odisha businessmen arrested for Rs 115 crore GST fraud

The accused had managed to pass bogus input tax credit with the help of fake firms they created using documents like PAN, Aadhaar, bank passbooks of plumbers, drivers and unemployed youth.

published on : 17th July 2021

US warns companies about doing business in Hong Kong

President Joe Biden had previewed the new advisory, telling reporters at the White House that the business environment in Hong Kong is “deteriorating” and could worsen.

published on : 16th July 2021

Andhra Pradesh retail policy eyes Rs 5,000 crore investment, 50,000 jobs in 5 years

The government, besides offering hand-holding to the Retail Park developers and retail enterprises set up within these parks as part of Ease of Doing Business (EoDB), announced financial incentives.

published on : 16th July 2021

How KITEX saga exposes Kerala's business-unfriendly image

Sometime in the early 1980s, Malayalis were asked to name one most important investment they want to see in Kerala. 

published on : 11th July 2021

Vijayawada: Businesses set to reopen with 50% occupancy

In all, Vijayawada has around 800 hotels and restaurants. Members of hoteliers’ association have decided to resume their business from Thursday to cough up the losses incurred during the second wave.

published on : 8th July 2021

Pinarayi Vijayan thanks Harsh Goenka for comment supporting Kerala government's ease of doing business

Chief Minister Pinarayi Vijayan's statement comes days after the Kerala-based KITEX group announced that it was withdrawing from the Rs 3,500 crore investment project alleging harassment.

published on : 4th July 2021

Hyderabad businessman kidnap drama ends as victim returns home

The victim had purchased timber from the accused, but had not paid the bills owing to his financial condition and was evading them, the police said.

published on : 4th July 2021

Mindtree completes acquisition of the NxT Digital Business from L&T

In May this year, Mindtree had announced it will acquire the NxT Digital Business from Larsen and Toubro (L&T) for Rs 198 crore.

published on : 2nd July 2021

Four years of GST - the hits and misses

The government and the tax department tend to respond that GST has been an unqualified success. In contrast, taxpayers have battled to keep up with the quick changes in regulations.

published on : 30th June 2021
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