Nearly 100 foreign funds have been asked to cough up an estimated $ 5-6 billion for 'untaxed gains' made by them in Indian markets over the past years.
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18th Aug 2022 | Updated at 12:06am 18th Aug 2022
Budget airline IndiGo drastically reduces its losses
India’s budget airline IndiGo has reported a loss of £106.43 million in the April-June 2022 quarter, down by almost two-thirds from a loss of £317.42 million in the same period last year. Record high jet fuel prices and a weaker rupee meant...
Increased revenue reduces Vodafone Idea loss
India's telecom service provider Vodafone Idea (VI) has reported its consolidated loss to £729.7 million for the June quarter. It is a marginal narrowing as compared to £7,31.9 million loss reported year-ago period, as tariff hikes boosted its...
Indian Prime Minister Narendra Modi gave away the PM's Trophy for best performing integrated steel plant to Tata Steel for 2010-2011, and to SAIL's Bhilai...
Indian Prime Minister Narendra Modi took his `Make in India' philosophy to a notch high by exhorting the Reserve Bank of India to ensure that currency...
Air Pegasus, India’s ninth airline carrier got Directorate General of Civil Aviation’s approval to commence its operations. The airline is based in Bengaluru and is the third new airline in a year to take off in the Indian skies after AirAsia...
Indian Prime Minister Narendra Modi has asked for a drastic cutback of an ambitious health care plan after cost estimates came in at $18.5 billion over...
A rescue plan for Sahara was thrown into disarray, when Spanish bank BBVA SA denied offering a credit line to the bank, scuppering the conglomerate's claims...
India raised a record $17.6 billion from the sale of mobile phone airwaves in its latest telecom spectrum auction after 19 days of fierce bidding, telecoms...
US auto major Ford Motors Company last week opened its integrated manufacturing facility at Sanand, which is already a home to Tata Motors Ltd's Nano project
India will announce its new Foreign Trade Policy (FTP) on Wednesday, which will chart out ways to increase and enhance exports, specifically in the services sector.
The Indian government may allow Finnish telecom firm Nokia to sell its Chennai plant with a condition that the money realised will be kept in escrow account...
