Business

New Delhi,  Automobile major Maruti Suzuki India on Thursday reported a rise of 24.1 per cent in its net profit for the quarter ended December 31, 2020, owing to higher sales and non-operating income. According to the automobile manufacturer, the …

New Delhi, Airline major IndiGo’s net loss narrowed during the third quarter of FY21 on a sequential basis. Accordingly, InterGlobe Aviation, which runs the airline, reported a quarterly net loss of Rs 620.1 crore from a net loss of Rs …

New Delhi, The health insurance sector has sought favourable tax treatment from the government to help penetrate this important security to the masses especially on account of rising hospitalisation bills during the pandemic. In a set of recommendations involving tax …

New Delhi, Ahead of the Budget Session, the Congress on Thursday demanded that the government initiate cash transfers and reduce taxes. Addressing a joint press conference, Congress leaders P. Chidambaram, Jairam Ramesh and Mallikarjun Kharge said, “As regards the economy, …

Mumbai,  The BSE Sensex plunged over 500 points on Thursday afternoon to trade below the psychological 47,000-mark, ahead of the monthly derivative expiry later in the day. Heavy selling was witnessed in finance, banking and IT stocks. At 12.14 p.m., …

New Delhi,  Telecom major Bharti Airtel on Thursday announced that it has become the country’s first telecom operator to successfully demonstrate and orchestrate live 5G service over a commercial network in Hyderabad city. In a statement, Airtel said that it …

New Delhi,  A fund-starved government will be better off looking at increased collections fuelled by an economic recovery and improved technology driven enforcement rather than through the introduction of new taxes, a KPMG survey showed on Wednesday. According to the …

Mumbai,  Pre-budget nervousness along with profit booking and upcoming derivatives expiry heavily dented the Indian stock market on Wednesday. Besides, weak global cues and selling by FIIs lead to the bear run in the market. Investors were seen cautious ahead …

New Delhi,  India has been caught in a pincer by a torrent of cheap inflow of aluminum and scrap imports majorly from China as well as the United States. In FY20, there has been a 327 per cent increase in …

Mumbai,  Blackstone-backed Aadhar Housing Finance Ltd has filed for an initial public offering worth up to Rs 7,300 crore. The offering would include equity shares aggregating up to Rs 1,500 crore and offer of sale of up to Rs 5,800 …