Budget 2019: Capital gains exemption from house sale till 2021 to help entrepreneurs fund startups

Budget 2019-20: This will also help enhance angel level funding. 2018 was a tough year for startups looking to raise angel or seed capital as only 484 deals happened in the entire year vis-a-vis 1,030

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Budget 2019: What’s in store for 5G under Digital India?

Union Budget 2019 India: Government is pinning high hopes on 5G launch but is it that easy?

Budget 2019 News

IndiGo promoter spat: Rahul Bhatia group says Rakesh Gangwal limited his financial risks

Gangwal has sought markets watchdog Sebi's intervention to address the corporate governance issues at InterGlobe Aviation -- the parent of the country's largest carrier IndiGo -- where he holds around

IndiGo promoter, indigo feud, Rahul Bhatia, Rakesh Gangwal, InterGlobe Enterprises group, IGE Group News

Budget 2019: Social stock exchange to attract VC funds, impact investors toward social startups

Union Budget 2019 India: On the lines of the Social Stock Exchange in the UK, SASIX in South Africa, Impact Investment Exchange in Singapore, SVX in Canada, the Indian government is planning to have i

Budget 2019, Union Budget 2019 India, Budget 2019 India, Budget 2019-20, News

PVR Pictures expands its footprint in distribution of Indian films

The company has entered into the distribution of vernacular films with Super 30 and has several other films in the pipeline as Batla House, Section 375, Khuda Hafiz. For 2018-19 financial year, total

PVR Pictures, PVR Ltd, business of Indian films, Reliance Entertainment, Kamal Gianchandani, latest news on PVR News

Guidelines for PSU banks to pick pooled assets of NBFCs likely this week

For this, the government will provide one time six months' partial credit guarantee to PSBs for first loss of up to 10 per cent.

PSU banks, NBFC sector, DRR, Nirmala Sitharaman, National Housing Bank, IL&FS, RBI, National Housing Bank News

BHEL wins Rs 100 crore order from NTPC to set up solar power plant in Andhra Pradesh

BHEL further said that it has been contributing significantly to the nation's green initiatives for developing and promoting renewable energy over the past three decades.

BHEL, NTPC, Andhra pradesh, solar power plant, solar photovoltaic power plant, industry news

Facebook’s Libra cryptocurrency under fire ahead of planned launch

Facebook's planned virtual unit Libra, already under heavy attack from US President Donald Trump and global regulators, faces scepticism among the wider cryptocurrency community as well.

Industry News

Sterlite Technologies ropes in lobbyist in US for advocating its cause on trade issues

Billionaire businessman Anil Agarwal-led Vedanta group's Sterlite Technologies has roped in a lobbyist in the US for advocating its cause among the American lawmakers on trade-related issues.

Industry News

Small traders to get DPIIT’s spotlight in draft national retail policy

In its election manifesto, the incumbent ruling party BJP had proposed establishing National Traders’ Welfare Board and a National Policy for Retail Trade for the growth of retail businesses.

Industry News

Inter-ministerial panel clears draft tender to select auctioneer for 2019 spectrum sale

An inter-ministerial panel has approved the draft RFP (tender document) to select the auctioneer who will conduct the upcoming spectrum sale, including for 5G radiowaves, according to a source.

Industry News

Telecom regulator can’t modify recommended penalty in interconnect case, bound by rules, says TRAI official

The Digital Communications Commission, the apex decision-making body of DoT, last month, approved imposing penalty on Airtel and Vodafone Idea for not providing points of interconnection to Reliance J

Industry News

Paytm gains foothold in Japan with these many PayPay users; to partner with South Korea’s KakaoPay

Paytm had launched QR-based payment service PayPay last year in Japan in partnership with SoftBank and Yahoo Japan to "promote the broader use of cashless payment in Japan and to provide highly conven

Industry News

Housing finance firm DHFL warns it may not survive due to “substantial financial stress”

One of India's biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL) , warned on Saturday that its financial situation was so grim that it may not survive.

Banking & Finance News

LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 crore

Led by LIC, life insurers' collective new premium income jumped 94 per cent to Rs 32,241.33 crore in June this year, according to data from Insurance Regulatory and Development Authority.

Banking & Finance News

DHFL defaults again, this time to tune of Rs 48 crore

Gross non-performing assets (NPA) stood at 2.74% as on March 31 against 0.91% in the previous quarter and 0.96% in the corresponding quarter last year.

DHFL deferred the announcement of financial results for the March quarter to Saturday, which was earlier scheduled for June 29, citing the unavailability of the management concerned. News

Allahabad Bank reports Rs 1,775 crore fraud by Bhushan Power and Steel

Last week, PNB reported a fraud worth Rs 3,805.15 crore by the bankrupt steel company by misappropriating funds and manipulating its books of accounts.

Allahabad Bank also said it has been observed that the company has misappropriated bank funds and manipulated books of accounts to raise funds from consortium lender banks. News

Power purchase agreement: Honour contracts, don’t halt growth, Centre tells Andhra Pradesh

Andhra Pradesh, which sourced 18% of its electricity from renewable energy in FY19, plays an important role in the country’s green growth narrative, as it houses about 12% of India’s wind and sola

The new committee is set to meet wind power generators in Amaravati on July 15 to commence discussions on tariff revision. (Representational image) News

Suzuki pips Hero to become the third-largest scooter makers

SMIPL, a subsidiary of Suzuki Motor Corporation Japan, clocked sales of 1,67,509 scooter units during April-June quarter compared to 1,11,238 units by Hero MotoCorp in the same period.

At the end of FY19, Hero’s domestic scooter sale stood at 7,19,087 units News

How Artificial Intelligence is solving different business problems

Tech Mahindra has implemented an AI-based facial recognition to register the attendance of employees, thereby reducing the work load of an HR associate

Various businesses and companies are employing AI to handle business problems differently News

Budget 2019: Cybersecurity – a holy grail for government’s Digital India dream

Budget 2019-20: India needs a robust cybersecurity framework if Digital India has to expand

Budget 2019 News

WhatsApp to add QR Code feature soon, see how it works

It is interesting to note that QR Code is already on Facebook-owned Instagram where it involves the nametags.

Industry News

Google News’ redesigned tab will help you find the news you need

The reports suggest that the updated News tab on the search engine would be introduced to the users across the world in the coming weeks.

Industry News

Budget 2019: Startups cheer Nirmala Sitharaman’s focus on ‘new-age’ AI, IoT skills to meet demand for tech talent

Budget 2019-20: The demand for the number of roles in AI and big data in India stood at around 5.1 lakh in 2018 that is expected to grow at a CAGR of around 16 per cent to about 8 lakh to 2021, as per

Budget 2019 News

Budget 2019: Nirmala Sitharaman’s sops for logistics industry to help India become $5 trillion economy

Budget 2019-20: The government’s focus on building a digital India is again highlighted with its willingness to train people on AI, IoT and Big Data that will transform the supply chain and logistic

Budget 2019 News

Bhushan Power & Steel fraud: After PNB, Allahabad Bank reports misappropriation of funds

Days after Punjab National Bank (PNB) announced the detection of the Rs 3,805 crore fraud by Bhushan Power & Steel Ltd (BPSL), another public sector lender Allahabad Bank has reported misappropriation

Tamil Nadu, mobile ATM, ATM, ATM van, india, Erode District Central Cooperative Bank, bank news

As IndiGo promoters lock horns, here’s why ‘pan ki dukaan’ is making headlines

Even as IndiGo spat deepens with the government asking SEBI to probe the role of all board members and every entity linked to promoters' groups, ‘pan ki dukaan’ (betel shop) is making headlines fo

IndiGo commanded 49% market share of the domestic market at May end (File photo) News
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