Business

Jaipur and Srinagar Airports rated Best Airports in the World in 2-5 million Passenger category in ACI-ASQ Survey

NEW DELHI: The Jaipur and Srinagar Airport got First and Second rank respectively in the category of 2-5 million passengers in ACI-ASQ Survey. Dr. Guruprasad Mohapatra, Chairman, Airports Authority of India along with his team received the ACI-ASQ Award at a function held in Mauritius on 17th October 2017. The Chairman congratulated both APDs for their stupendous achievement and challenged more AAI airports to compete and win at ACI-ASQ Awards in their respective categories in future.

Jio customer base risen to 13.86 crores, Reliance incurred loss of 271 crores

CHANDIGARH: The Jio network of Reliance which created a history of largest customer base in telecom sector in India is adding up more customers but it is proving costly for the company. At the end of the quarter ending September 2017, the Jio has incurred a loss of Rs. 271 crores while its customer size has swallon to 13.86 crores.

Capt Amarinder Singh claims US giant GE offers to set up gas power plant in Punjab

CHANDIGARH: Encouraged by the positivity in the state’s environment following the installation of the Congress government, U.S. based multinational General Electric (GE) has offered to set up a 2400 MW Gas based power plant in Punjab, delivering power to consumers at Rs. 4.81 per unit only.

Cab aggregator Ola raises $1.1 bn from venture funds

Leading cab aggregator Ola on Wednesday said it raised $1.1 billion (Rs.7,150 crore) in latest funding round from venture firms led by Tencent Holdings Ltd, a leading Chinese internet firm.

Basic and drastic reforms required in GST rather than now announced gimmick ones

By Madhu Agrawal
It is beyond understanding how going back in reverse direction by providing big reliefs for buyers of artificial and real jewelry in Goods and Service Tax (GST) will help normal members of public and traders who cannot in general afford purchase of jewelry. Even artificial jewelry is luxury item which never required tax-cut. Raising limit of non-requirement of PAN number from rupees 50000 to 200000 will make investment of black money in jewelry convenient.  

BJP Government announces GST sops under public pressure but too little

NEW DELHI: Facing severe criticism over the implementation of Goods and Services Tax, the government on Friday night announced a slew of measures to ease the concerns of traders, exporters and small business while slashing the rates on 27 items of common consumption, including roti, khakra, namkeens, stationery, man-made yarn -- with most of them brought to five per cent category.

Chase Aromatheraphy Cosmetics awarded as the most innovative products company of the year 2017

NEW DELHI: Chase Aromatheraphy Cosmetics has won the prestigious award for being the most innovative products company of the year 2017 at COSMe’ India 2017 organised by ASSOCHAM India at New Delhi today. The award has been received by Dr. Naresh Arora, Founder of Chase Aromatheraphy Cosmetics from Shri C. R. Chaudhary, Hon’ble Minister of State for Consumer Affairs, Food and Public distribution, Government of India.

Billionaire Mukesh Ambani richest Indian for the 10th consecutive year: Forbes

MUMBAI:  Reliance Industries Chairman Mukesh Ambani has again topped the list of richest Indian for the 10th consecutive year, business magazine Forbes India said on Thursday.

Ajay Banga, CEO Mastercard goes back to roots; visits St Stephen’s College after three decades

NEW DELHI:  Ajay Banga’s visit to St. Stephen’s College three decades after his graduation was a poignant moment; a return to the roots of his alma mater which shaped him into the leader he is today.

Sebi panel recommends minimum 6 directors on company boards

MUMBAI: Securities market regulator Sebi on Thursday said that a committee formed by it to look into corporate governance has recommended a minimum of six directors on the board of listed firms.

Auto Expo 2018 –Dates Announced, wait for exciting events

CHANDIGARH: Auto Expo, the biggest extravaganza and much-awaited event of the automotive industry in India,kick-startsin the second week of February 2018. TheMotor Show is scheduled from 9-14 February 2018 at India Expo Mart in Greater Noida,while Components Show will be held at the Pragati Maidan, New Delhifrom 8-11 February 2018. The joint inauguration of Auto Expo 2018 will be held on 8th February 2018.

Facebook CEO apologises for dividing people

Facebook CEO Mark Zuckerberg has apologised for hurting and dividing people through his social media platform and said he would work to do better.

India's external debt rises to $485.8 bn

MUMBAI: India's total external debt for the end-June quarter 2017 rose to $485.8 billion, from $471.9 billion reported for the end-March period, official data showed on Friday.

Deadline to sell pre-GST goods extended till Dec 31

NEW DELHI: The government on Friday extended the deadline to sell pre-GST goods with stickers/stamps of revised rates upto December 31.

Demonetisation, GST played 'big role' in decline of economy: Yashwant Sinha reiterates

NEW DELHI: Stepping up his attack on the government's management of the economy, senior BJP leader Yashwant Sinha on Thursday said the Finance Ministry failed to address the problem of non-performing assets (NPAs) and the opposition Congress cannot be blamed for the "mess" in the economy.

Jaitley meets exporters, traders to review GST issues

Union Finance Minister Arun Jaitley on Thursday met representatives of traders and exporters for feedback on issues facing them under the Goods and Services Tax (GST) regime.

India to lead fourth industrial revolution: Mukesh Ambani

India will lead the fourth industrial revolution with the telecom and IT industry coming together to lay the foundation of empowering 1.3 billion Indians, Reliance Industries Chairman Mukesh Ambani said here on Wednesday.

Vodafone-Idea merger on track: Sunil Sood

Vodafone India and Idea Cellular merger process is on schedule and is expected to get completed by 2018, Vodafone India CEO and MD Sunil Sood said here on Wednesday.

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