In its 32nd meeting on Thursday, the Goods and Services Tax (GST) Council will likely consider several proposals aimed at providing relief to smaller taxpayers — a segment that is believed to be struggling after losing exem
Shell Gas, a subsidiary of Royal Dutch Shell, on Wednesday announced completion of its acquisition of 26% equity interest in the Hazira LNG and Port Venture in India from Total Gaz Electricite France, a unit of Total. With th
IL&FS Group, on Wednesday, said, it has received a strong response with more than 30 expressions of interest for its domestic roads business housed under its subsidiary, IL&FS Transportation Networks Limited (ITNL).
Putting forward an optimistic picture of the commercial vehicle industry, Vinod Dasari, managing director at Ashok Leyland, believes that the fall in the volumes of commercial vehicles in November and December is a temporary
Ashok Leyland on Wednesday confirmed that it has bagged orders from IRT (Institute of Road Transport) Chennai, UPSRTC (Uttar Pradesh State Roadways Transport Corporation) and CTU (Chandigarh Transport Undertaking) for manufac
Great Eastern Energy Corporation (GEECL) and Essar Oil are upbeat about shale gas reserves in the CBM blocks of West Bengal, as Gail looks for more buyers as it is poised to start business with city gas distribution.
The Chandigarh bench of the National Company Law Tribunal (NCLT) will hear the appeal of the lenders of Amtek Auto seeking action against the UK-based Liberty House Group (LHG) on day-to-day basis from January 23.
In a bid to boost technology infrastructure and spread the concept of green data centres, the Andhra Pradesh government (GoAP) signed an MoU with the Adani Group to build Data Centre Parks up to 5 GW capacities in and around
In an interaction with reporters after the announcement of the bank’s Q3 results, managing director and CEO Romesh Sobti said the classification of IL&FS as a standard or non-standard asset doesn’t matter as the bank has
The ratios of stressed advances as a share of all loans and gross non-performing assets (GNPAs) in the system are converging as a result of the February 12 circular, says the Reserve Bank of India’s (RBI) December 2018 Fina
The alliance will enable PNB MetLife to reach both existing and new ESAF SFB customers with insurance products, while ESAF SFB will be able to provide its customers an access to a wide array of life insurance products and ser
The export of rapeseed meal and soyabean meal to China is unlikely to resume during the current financial year as the procedure for registration with the Ministry of Agriculture (MoA), China, is too cumbersome, lengthy and ti
Higher realisation from auctions is seen providing some relief to tea plantations in India hit by the rise in wage rates, said a report by Icra. India is the second largest producer of tea in the world and makes up 23-26% of
Clearing the way for Vedanta Resources to reopen its Sterlite copper smelter in Tamil Nadu, the Supreme Court on Tuesday refused to stay a National Green Tribunal (NGT) order allowing resumption of the plant.
Expressing concern over the Centre’s increasing reliance on off-Budget financing, the Comptroller and Auditor General of India (CAG) on Tuesday said off-budget capex and revenue expenditures understate fiscal indicators.