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Category: Archive: Business
Idea Cellular shares extend fall; down nearly 8 per cent

Idea Cellular shares extend fall; down nearly 8 per cent

Throwing yourself into a pool of rapacious-looking sharks is something that anyone with even a bit of common sense would never dare to do. But a young man, who was holidaying in the Bahamas with his friend, decided to try – and instantly regretted it. Captured footage shows a tipsy student suddenly jumping into the […]

Idea Cellular, Vodafone India announce merger

Idea Cellular, Vodafone India announce merger

New Delhi,  In one of the biggest merger in the telecom space, Vodafone India and Aditya Birla Group-promoted Idea Cellular on Monday announced the much-awaited amalgamation. Idea Cellular in a regulatory filing on Monday said, its Board of Directors "have approved the scheme of amalgamation of Vodafone India Limited and its wholly owned subsidiary Vodafone […]

MSI sales network breaches 2000 mark;reach grows to 1,643 cities

MSI sales network breaches 2000 mark;reach grows to 1,643 cities

New Delhi: The country's largest car maker Maruti Suzuki India's (MSI) sales network has crossed 2,000 mark, extending its reach to 1,643 cities and towns across India. The company, which aims to sell 20 lakh units per annum by 2020, had accelerated network expansion in the last five years to grow from 1,100 dealerships in […]

Gold futures decline 0.16 pc on weak global cues

Gold futures decline 0.16 pc on weak global cues

New Delhi: Amid a weak global trend, gold prices drifted lower by 0.16 per cent to Rs 28,983 per ten grams in futures trade today as participants cut their bets. At the Multi Commodity Exchange, gold for delivery in far-month June fell by Rs 45, or 0.16 per cent, to Rs 28,983 per ten grams […]

Gold surpasses Rs 30,000 level again, silver above Rs 43,000

Gold surpasses Rs 30,000 level again, silver above Rs 43,000

New Delhi: Gold prices got past the Rs 30,000-mark again by climbing Rs 375 to Rs 30,100 per 10 grams today, reflecting strong global uptrend and increased buying by local jewellers. Silver also went past the Rs 43,000-mark by covering up Rs 400 at Rs 43,100 per kg, backed by increased offtake by industrial units […]

Gold futures decline Rs 149 on profit-booking

Gold futures decline Rs 149 on profit-booking

New Delhi: Gold prices fell by Rs 149 to Rs 29,561 per 10 ten grams in futures trading today as participants indulged in profit-booking at prevailing levels amid a weak trend overseas. At the Multi Commodity Exchange gold for delivery in April declined by Rs 149, or 0.50 per cent, to Rs 29,561 per 10 […]

Gold imports shrink 32.7 per cent to USD 19.74 bn in April-Jan

Gold imports shrink 32.7 per cent to USD 19.74 bn in April-Jan

New Delhi: India's gold imports fell by about 32.7 per cent to USD 19.74 billion during the April-January period of this fiscal, which is expected to keep a lid on the current account deficit. Total imports of the precious metal in the corresponding period of 2015-16 stood at USD 29.31 billion. According to industry experts, […]

Amazon UK plans to create 5,000 jobs

Amazon UK plans to create 5,000 jobs

London: US tech and retail giant Amazon on Monday said it would create 5,000 British jobs this year, in a show of confidence in the UK economy ahead of Brexit. "Amazon UK today announced plans to create more than 5,000 full-time jobs this year, taking the company's total UK workforce to over 24,000," a statement […]

Online EPFO withdrawal, pension fixation to be a reality by May

Online EPFO withdrawal, pension fixation to be a reality by May

New Delhi: Retirement fund body EPFO is expected to launch online facility for settlement of claims, including EPF withdrawal and pension fixation, by May this year to put an end to tedious paper work by its members. At present, the Employees' Provident Fund Organisation (EPFO) receive close to 1 crore applications manually for settlement of […]

Buying jewellery over Rs2 lkh cash to attract 1% TCS from Apr1

Buying jewellery over Rs2 lkh cash to attract 1% TCS from Apr1

New Delhi, Cash purchases of jewellery will attract 1 per cent TCS (tax collected at source) from April 1 if the amount exceeds Rs 2 lakh, as against the current threshold of Rs 5 lakh. Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1 per […]

Airtel network logs highest download speed in Jan: Trai

Airtel network logs highest download speed in Jan: Trai

New Delhi: Average download speed on Bharti Airtel's mobile network was highest in January at 8.42 megabit per second (mbps), according to latest data published by telecom regulator Trai. The monthly average mobile data speed published by the Telecom Regulatory Authority of India showed that the download speed on Airtel network has almost doubled in […]

Gold futures climb Rs 77 on global cues

Gold futures climb Rs 77 on global cues

New Delhi: Gold prices zoomed by Rs 77 to Rs 29,147 per 10 grams in futures trade today as speculators created positions amid positive cues from the global market. At the Multi Commodity Exchange, gold for delivery in far-month June moved up by Rs 77, or 0.26 per cent, to Rs 29,147 per 10 grams […]

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