Business

Fire at Aero India Show 2019 parking: Toyota reaches out to affected customers

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Customers who lost their vehicles in the blaze can contact Toyota at 180042500001 and 08066293001 for assistance on insurance, towing and similar facilities.   At least 300 vehicles – including cars and two-wheelers – were charred in a massive fire that broke out in the parking space just outside the Aero India Show 2019 venue at Yelahanka Air Base in Bengaluru on ...

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GST on under-construction flats, affordable housing slashed: Here are the benefits for home buyers

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The new rate shall become applicable from April 1, 2019.   New Delhi: The GST Council on Sunday slashed tax rates for under-construction flats to 5 percent and affordable homes to 1 percent, effective April 1. Currently, the goods and services tax (GST) is levied at 12 percent with input tax credit (ITC) on payments made for under-construction property or ...

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Microsoft workers ask Nadella to scrap US Army HoloLens contract

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A group of Microsoft workers has written a letter to CEO Satya Nadella and President Brad Smith, asking them to cancel a controversial contract with the US Army.   San Francisco: A group of Microsoft workers has written a letter to CEO Satya Nadella and President Brad Smith, asking them to cancel a controversial contract with the US Army. In ...

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Supreme Court asks Anil Ambani to pay Rs 453 crore to Ericsson within 4 weeks or face 3-month jail term

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Ericsson had sought action against Ambani and others for failing to pay Rs 550 crore towards settlement to the company. New Delhi: The Supreme Court found Reliance Communication chairman Anil Ambani and two directors – Reliance Telecom chairman Satish Seth and Reliance Infratel chairperson Chhaya Virani –guilty of contempt of court in a contempt petition filed by Ericsson India over ...

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EPFO hikes interest rate on provident fund to 8.65% from 8.55%, to benefit 6 crore subscribers

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Labour Minister Santosh Gangwar said that the decision to provide higher interest for subscribers for the current fiscal was approved by all members of the Central Board of Trustees of EPFO.   The retirement fund body has 6 crore subscribers, Labour Minister Santosh Gangwar said, adding that the decision to provide higher interest for subscribers for the current fiscal was approved ...

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Markets open largely flat, Nifty retains 10,700

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Asian shares held near 4-1/2-month highs on Thursday.   New Delhi: Markets opened largely flat on Thursday while the Nifty retained 10,700 level on the back of positive global cues. The BSE Sensex jumped 49.06 points or 0.14 percent to 35,805.32 in early trade while the NSE Nifty jumped 10.80 points or 0.10 percent to 10,746.25. Asian shares held near ...

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Sensex and Nifty open on negative note amid lower Asian markets

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Market indices Sensex and Nifty opened on a negative note in early trade on Friday morning, amid lower Asian markets. While the Sensex fell 44 points to 35,853, the Nifty lost 10 points and opened at 10,779.   Market indices Sensex and Nifty opened on a negative note in early trade on Friday morning, amid lower Asian markets. While the Sensex fell ...

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