MUMBAI (TIP): Reserve Bank of India on Thursday clarified that account-holders can make multiple cash deposits in withdrawn currencies till December 30. RBI had on Wednesday reversed an earlier directive requiring banks to question customers […]
NEW DELHI (TIP): Nusli Wadia was voted out of his position as an independent director of Tata Motors. More than 70% of Tata Motors shareholders voted in favour of the resolution to remove Wadia, The […]
SHANGHAI (TIP): A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labour costs […]
NEW YORK CITY (TIP): Every time he comes to the US, he ‘takes home something new.’ On his third US tour, Chief Minister of Chhattisgarh, Dr Raman Singh wooed investors to invest in new sectors, […]
New Delhi, Nov 28 (TIP) Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in […]
WASHINGTON (TIP): The U.S.-India Business Council’s (USIBC) board of directors announced, November 22, 2016, the appointments of six global business leaders to serve as members of the board. Among them are three Indian Americans. They […]
NEW DELHI (TIP): Business Tycoon Ratan Tata has suggested the government to consider Extra-ordinary relief measures, similar to those employed at the time of national calamities, for the poor so as to lessen their hardships […]
MUMBAI (TIP): The Tata Steel board on Nov 25 replaced Cyrus Mistry with OP Bhatt, an independent director, as the company’s chairman with a majority of the members voting in favour of the resolution. The […]
BENGALURU (TIP): Beleaguered liquor baron Vijay Mallya has filed an application in the Karnataka high court for recalling its order summoning him for allegedly violating an undertaking given by him and his companies not to […]
NEW DELHI (TIP): A decline in sales is prompting automobile companies to slash production as demonetisation has adversely impacted buyer sentiment and hit footfalls at showrooms. Few companies were willing to talk on record over […]
LONDON (TIP): In a major boost to Brexit-hit UK, Tata Motors’ owned Jaguar Land Rover today announced ambitious investment plans leading to the creation of thousands of jobs in the country as part of its […]
NEW DELHI (TIP): Indian automobile industry can contribute over 12 per cent to the country’s GDP and generate around 6.5 crore additional jobs over the next decade, a top Maruti Suzuki India official said. “Our […]
BENGALURU (TIP): Japan car maker Nissan on Wednesday said that it is working on bringing the much-awaited electric car Nissan Leaf to India, but declined to put a date on it as it believes that […]
NEW YORK (TIP): JPMorgan Chase & Co will pay more than $250 million to settle allegations by the US government that it had hired children of Chinese decision makers to win business, a source familiar […]
Mumbai: Cyrus Mistry on Thursday skipped two crucial board meetings, of Tata Sons and Tata Consultancy Services (TCS), his first such absence since he was ousted as chairman from both companies. The board of directors […]
NEW YORK (TIP): Warren Buffett’s Berkshire Hathaway Inc on Monday said it has bought shares in the four biggest US airlines: American Airlines Group Inc, Delta Air Lines Inc, Southwest Airlines Co and United Continental […]
One estimate pegs May 2017 as date when bills will be replaced; Deutsche Bank says crunch to cut 50bps from Oct-Dec GDP growth NEW YORK (TIP): For Indians expecting respite from the government’s clampdown on […]
Chaotic scenes witnessed in both Houses of Parliament over scrapping of Rs1,000 and Rs 500 notes NEW DELHI (TIP): Both Houses of parliament were adjourned on Thursday, November 17, as opposition lawmakers continued their attack […]
The August 14, 2014 issue of the The Hindu carried a feature indicating that the National Institute of Public Finance and Policy (NIPFP) had submitted to the Finance Ministry, in December 2013, a confidential report […]
Republican presidential nominee Donald Trump said Nov. 5 that he will impose a 35 percent tax on U.S. companies that lay off workers while outsourcing their production to other countries. Trump revealed his proposal at […]
WASHINGTON (TIP): The IMF on Friday said it supports India’s efforts to fight corruption through demonetisation, but noted that the transition needs to be managed “prudently” to minimise any disruption. “We support the measures to […]
MOSCOW (TIP): A massive cyberattack has hit at least five of Russia’s largest banks, Moscow-based internet security giant Kaspersky said on Thursday. The country’s largest lender, state-controlled Sberbank, said it had been hacked into on […]
NEW DELHI (TIP): Finance minister Arun Jaitley on Thursday said the Centre is making all efforts to build consensus on sticky issues, especially on jurisdiction of assessees, to ensure GST rollout from April 1, 2017. […]
SYDNEY (TIP): The US dollar sank and stocks plummeted in market mayhem on Wednesday as investors faced the real possibility of a shock win by Republican Donald Trump that could upend the global political order. […]
MUMBAI (TIP): Tata Sons made its first move on Thursday to wrest control of group companies by replacing Cyrus Mistry and nominating veteran Ishaat Hussain as the chairman of TCS, the conglomerate’s most-profitable company. The […]
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