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CFO Madhur Deora elected as Paytm President
CFO Madhur Deora elected as Paytm President
Indian E-wallet Company- Paytm has promoted its Chief Financial Officer (CFO) Madhu Deora as Company's President. Prior to taking over as ....

Published On : 20 Aug 2019

GST collection in July cross Rs 1,02,000 crore
GST collection in July cross Rs 1,02,000 crore
In July month, the Goods and Services Tax (GST) collection grows 5.8% to Rs 1,02,000 crore. The total amount consists of CGST Rs ....

Published On : 03 Aug 2019

RBI put Rs 26,00,000 fine on Mobikwik & Hip Bar
RBI put Rs 26,00,000 fine on Mobikwik & Hip Bar
The Reserve Bank of India put Rs 26,00,000 fine on MobiKwik and Hip Bar Private Limited for non-compliance of regulatory guidelines. In a statemen....

Published On : 31 Jul 2019

GST Committee reduce the tax rate on EVs from 12 to 5%
GST Committee reduce the tax rate on EVs from 12 to 5%
The GST Committee has decided to reduce the Tax Rate on Electric Vehicles to 5% from the existing 12%. The new Tax Rate will be effective from 1st August 20....

Published On : 27 Jul 2019

FTC fined Facebook $5 billion over privacy violations
FTC fined Facebook $5 billion over privacy violations
The US Federal Trade Commission (FTC) fined Facebook $5 billion to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy.....

Published On : 24 Jul 2019

Ebix acquire Yatra.com for USD 337.8 Million
Ebix acquire Yatra.com for USD 337.8 Million
US-based software company Ebix Inc acquired Indian online travel agency Yatra.com for USD 337.8 million (around Rupees 2,325 crore). Now, Yatra.co....

Published On : 20 Jul 2019

L&T Infotech acquire Lymbyc for Rs 38,00,00,000
L&T Infotech acquire Lymbyc for Rs 38,00,00,000
Larsen & Toubro Infotech Limited acquired AI firm Lymbyc Solutions for Rs 38,00,00,000. Bengaluru based Lymbyc is a Business to business servi....

Published On : 20 Jul 2019

Indian Government Permits 1,239 Tonnes of Raw Sugar Export to USA
Indian Government Permits 1,239 Tonnes of Raw Sugar Export to USA
The Indian Government has permitted 1,239 tonnes of Raw Sugar export under its tariff-rate quota to the USA, which enables shipments to enjoy relatively low tariff. A Tariff-Rate Q....

Published On : 19 Jul 2019

Samsung Tie-up With Paisabazaar.com To Offer Financial Products In India
Samsung Tie-up With Paisabazaar.com To Offer Financial Products In India
Seoul, South Korea based electronics company Samsung tie-up with Paisabazaar.com to offer financial products in India. Paisabazaar.com is the only....

Published On : 13 Jul 2019

New Delhi based ICSI introduce UDIN to improve Corporate Governance
New Delhi based ICSI introduce UDIN to improve Corporate Governance
ICSI introduced an initiative in the form of UDIN to improve the heightened sense of self-governance and strengthen the practicing side of company secretari....

Published On : 13 Jul 2019

World Bank Approves $147 Million Loan to Jharkhand to Improve Basic Urban Services
World Bank Approves $147 Million Loan to Jharkhand to Improve Basic Urban Services
The Government of India and Jharkhand signed a $147 Million Loan Agreement with World Bank to provide basic urban services. The project will help ....

Published On : 26 Jun 2019

Tech Mahindra signed an Agreement with Airbus
Tech Mahindra signed an Agreement with Airbus
Tech Mahindra has signed a multi-year agreement with Airbus for cabin and cargo design engineering. IT firm Tech Mahindra aims to grow its cabin engineering business over the next few years.....

Published On : 21 Jun 2019

HDFC ERGO to buy Apollo Munich for Rs.1,347 crore
HDFC ERGO to buy Apollo Munich for Rs.1,347 crore
Housing Development Finance Corporation (HDFC) signed an agreement with Apollo Munich Health Insurance to acquire the entire stake of the Apollo Hospitals group from 51.2% f....

Published On : 21 Jun 2019

Sundaram Finance Limited acquires BNP Paribas for Rs.1,000 crore
Sundaram Finance Limited acquires BNP Paribas for Rs.1,000 crore
Sundaram Finance Limited (SFL) and BNP Paribas Personal Finance have entered into an agreement under which Sundaram acquires 49.9% stake in Sundaram BNP Par....

Published On : 21 Jun 2019

ABFRL acquired Jaypore for Rs 110 Crore
ABFRL acquired Jaypore for Rs 110 Crore
Aditya Birla Fashion and Retail Limited (ABFRL) will acquire Jaypore for Rs 110 crore to enter the large but untapped market of traditional....

Published On : 15 Jun 2019

GST council Introduced New GST Return System For Taxpayers
GST council Introduced New GST Return System For Taxpayers
The Goods and Service Tax (GST) Council has introduced a new GST return system to facilitate taxpayers. A plan has been worked out to ease the transition to the new GST return syst....

Published On : 12 Jun 2019

Mahindra Susten join-hand with Mitsui to Develop Solar Power Projects in India
Mahindra Susten join-hand with Mitsui to Develop Solar Power Projects in India
Mahindra Susten Private Limited join-hand with Japanese Mitsui & Co. Limited to develop and operate distributed solar power generation projects in India. Mahindra Susten will h....

Published On : 05 Jun 2019

AAI Inked MoU With Boeing To Improve Airspace
AAI Inked MoU With Boeing To Improve Airspace
The Airports Authority of India (AAI) inked MoU with American aerospace company Boeing to develop and modernize India’s Air Traffic Management. The agreement aims to develop ....

Published On : 05 Jun 2019

GST collection cross Rs 1,00,000 Crore in May month
GST collection cross Rs 1,00,000 Crore in May month
The Goods and Service Tax (GST) revenue collection has crossed Rs 1,00,000 Crore in May month, which is a growth of 6.67% in the same month last year (2018). The GST collected in A....

Published On : 01 Jun 2019

Sri Lanka inked MoU with India and Japan
Sri Lanka inked MoU with India and Japan
Government of Sri Lanka has signed a tripartite agreement with India and Japan for development of eastern terminal of Colombo port. The agreement w....

Published On : 28 May 2019

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