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"business-news"

  • ATF rates slashed. Will air travel get cheaper?

    The rates of commercial LPG that is used in hotels and restaurants were also reduced by Rs 41 per 19-kg cylinder. However, for cooking gas used in domestic households, the price remains unchanged at Rs 803
  • Interest rates on small savings schemes, including PPF, NSC, remain unchanged

    The rates of interest on various Small Savings Schemes for the first quarter of FY 2025-26 starting from 1st April, 2025 and ending on 30th June, 2025 shall remain unchanged from those notified for the fourth quarter (1st Jan, 2025, to 31st March, 2025) of FY25, said a Finance Ministry notification
  • Restaurants cannot mandatorily levy service charge on food bills: Delhi HC

    Justice Prathiba M Singh dismissed petitions of restaurant bodies challenging Central Consumer Protection Authority guidelines prohibiting hotels and restaurants from levying mandatory service charge on food bills
  • Govt to launch ‘Sahkar taxi’ that will provide bike, cab, auto services to compete with Ola, Uber

    “Sahkar Taxi will register two-wheeler taxis, auto-rickshaws, and four-wheeler taxis across the country,” Union Home Minister and Minister of Cooperation Amit Shah said, while announcing the initiative in Parliament
  • Gautam Adani is India’s second richest person . Here’s by how much his wealth grew

    Gautam Adani’s total wealth rose 13 per cent. Mukesh Ambani remains Asia’s richest person while HCL’s Roshni Nadar breaks into global top 10 rich women list, according to Hurun Global Rich List 2025
  • BIS raids Amazon, Flipkart warehouses, seizes substandard goods

    BIS has conducted extensive raids on Amazon and Flipkart warehouses here, seizing thousands of products lacking proper quality certifications
  • Editorial: The first step in Sebi reform

    Sebi Chairman Tuhin Kanta Pandey’s decision to constitute high-level committee to review provisions relating to conflicts of interest, disclosures and other matters was necessary to restore regulator’s credibility
  • One in 5 super rich wants to leave India for good, says survey

    These ultra high networth individuals seek improved standard of living, healthcare solutions, education or lifestyle, according to Kotak Private
  • Adani Group keen to acquire bankrupt Jaiprakash Associates, say sources

    Jaypee Group’s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016
  • BHIM 3.0 now smarter, has these many languages, new features

    The rollout of BHIM 3.0 will take place in phases, with full availability expected by April
  • Trouble-hit IndusInd Bank slapped with Rs 30.15 crore GST fine

    The private lender, which is already under scrutiny for discrepancies in its derivatives portfolio, stated it is considering filing an appeal against the GST order
  • Chinese electric vehicle maker BYD zooms past Tesla’s sales

    Recently, BYD announced it was rolling out a superfast EV charging system that it says is nearly as quick as a fill up at the pumps
  • Finance Bill classic case of patchwork solutions: Shashi Tharoor

    Initiating debate on Finance Bill in Lok Sabha, Congress MP Shashi Tharoor alleged that the BJP government’s economic management is facing structural challenges
  • Sensex rallies for 6th straight day, jumps 1,078 points on FII inflows, gains in banks on March 24

    A positive trend in the US and European markets powered the rally in Indian equities; Foreign institutional investors bought shares worth Rs 7,470.36 crore on March 21
  • Acer India follows L&T, announces one-day menstrual leave policy

    Larsen and Toubro, in a first for a major corporate house, had announced a one-day paid menstrual leave for women employees, a move set to benefit about 5,000 women employees at the company
  • Unified Pension Scheme to roll out from April 1. Here’s how it will benefit central govt employees

    Central government employees, currently under National Pension System (NPS), will have the option to switch to Unified Pension Scheme, which incorporates features from both Old Pension Scheme (OPS) and NPS  
  • IndusInd Bank may see a new CEO by October, replacing Sumant Kathpalia: Report

    The board will need to come up with replacement by October, adding that it is unclear if only external names will form part of the shortlist or if any internal candidates will be considered
  • SSF Plastics India Ltd files draft papers for Rs 550 crore IPO

    The proposed IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of Rs 250 crore by promoters and promoter group entities
  • Adani Energy Solutions wins Rs 2,800 crore transmission project in Gujarat

    The project, to be delivered to the nation in 36 months, will supply green electrons for manufacturing Green Hydrogen and Green Ammonia in Mundra
  • SEBI cracks down on multiple companies for misappropriation of funds for personal use

    SEBI is reported to have initiated investigations against these companies for the alleged illegal diversion of funds by promoters to their relatives or front companies for personal use rather than the declared purpose for which the money was raised
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