Business

Tata Sons on Friday clarified that Ratan Tata has no plans now of stepping down from the chairmanship of the Tata Trusts.

Exports of engineering products rose by 14.10 per cent, petroleum by 5.73 cent and chemicals by 8.3 percent compared to the same month last year, according to official data released on Thursday.

Rubbishing the government’s argument that secrecy was essential for the success of the move, Jalan said telling people the government was concerned about black money was also about giving them a notice.

The benchmark BSE Sensex rose nearly 39 points to 26,736.34 in the opening trade on Wednesday on the back of positive macroeconomic data and is waiting for the outcome of the US Fed meeting.

In a special feature titled 'Man of Steel', the Sunday Times attributes the thousands of jobs saved in the industry largely to the sacking of Cyrus Mistry and Ratan Tata stepping in as interim chairman.

Post demonetisation, earnings and spending take a hit across India, with Bihar, Jharkhand and Orissa witnessing maximum decline in earnings, says a survey.

Petrol, railway tickets and insurance policies of PSU companies will cost less now if bought through debit/credit cards or other digital modes, the government today said while announcing a slew of measures to incentivise cashless payments.

Ratan Tata has written a sharply worded letter to shareholders seeking their support to oust “disruptive” Cyrus Mistry as director from group companies. Tata has cited Mistry’s “hostility” towards Tata Sons as a reason for seeking his removal.

Earlier this year, Time Magazine put Sachin Bansal and Binny Bansal on the list of 100 Most Influential People in the world.

For instance, he said, the GST Council is deliberating on ways to reduce the taxation process, including assessment by tax officials.

On the hue and cry over the demonetisation exercise, he said: "As far as currency changes are concerned, once the demonetisation process is completed and the economy gets back to full stream, the size of the GDP will significantly expand, tax base will ex...

Sir George Buckley, one of Britain's leading industrialists, could very well be the first non-Indian to grab the top post of the $100-billion conglomerate.

Alleging that the Reserve Bank of India (RBI) was kept in the dark by the government about its surprise demonetisation move, the Congress on Saturday said the central bank's Governor Urjit Patel has sacrificed its autonomy.

The benchmark BSE Sensex recovered by nearly 121 points and the Nifty reclaimed 8,000-mark in early trade today on fresh buying by investors as the December derivative contracts started on a better note amid mixed Asian cues.

The rupee on Friday recovered from its 39-month closing low by rising 9 paise to 68.64 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of the US currency by banks and exporters.

According to some industry estimates, the recharges and top ups for pre paid mobile services have fallen 30-50 percent as consumers struggle with less cash in hand in the aftermath of Government's move to scrap old Rs 500 and Rs 1000 notes.