Business

Mumbai, Aug 10 (IANS) Tata Chemicals on Wednesday said it has sold its urea business to Yara Fertilisers India Private Limited for a consideration of Rs 2,670 crore.

New Delhi, Aug 10 (IANS) Global internet and Chinese technology conglomerate LeEco Superphones on Wednesday emerged as the favourite on the first day of the three-day "Freedom Day" sale on e-tailer Flipkart.

Kolkata, Aug 10 (IANS) If the revenue neutral rate under the Goods and Services Tax (GST) regime is fixed at 18 per cent, prices of goods are expected to go down while services might cost more, a top official of the Institute of Company Secretaries of India (ICSI) said on Wednesday.

Mumbai, Aug 10 (IANS) In a major breakthrough, the Mumbai police have arrested five medicos, including the CEO and Medical Director of the reputed L.H. Hiranandani Hospital in Powai, in connection with a racket in kidney sales, officials said.

Mumbai, Aug 10 (IANS) Automobile manufacturer Mahindra and Mahindra (M&M) on Wednesday reported a rise of 12.36 per cent in its standalone net profit for the first quarter of the current fiscal.

Kolkata, Aug 10 (IANS) If the revenue neutral rate under the Goods and Services Tax (GST) regime is fixed at 18 per cent, prices of goods are expected to go down while prices of services might go up, a top official of the Institute of Company Secretaries of India (ICSI) said on Wednesday.

Chennai, Aug 10 (IANS) Prime Minister Narendra Modi, Russian President Vladimir Putin and Tamil Nadu Chief Minister J. Jayalalithaa on Wednesday dedicated to the nation the first 1,000 MW unit of the Kudankulam Nuclear Power Project (KNPP).

New Delhi, Aug 10 (IANS) There is need for innovation in the Information and Communication Technology (ICT) sector as India cannot afford to emulate developed economies due to limited resources, Communications Minister Manoj Sinha said here on Wednesday.

Mumbai, Aug 10 (IANS) Profit booking, along with negative global cues and caution over upcoming quarterly results, dragged the Indian equity markets lower on Wednesday.

Taipei, Aug 10 (IANS) Taiwan's Ministry of Economic Affairs has said its threat to withdraw the business licence of taxi-hailing service Uber would only take place if the firm continued to flout the country's regulations, the media reported on Wednesday.

New Delhi, Aug 10 (IANS) Passenger cars sales grew by 9.62 per cent in July to 177,604 units from 162,022 units sold during the corresponding month of last year, industry data showed on Wednesday.

Mumbai, Aug 10 (IANS) Indian IT major Tata Consultancy Services (TCS) has been ranked among the top 100 brands in the US in a survey by a leading brand valuation firm.

Chennai, Aug 10 (IANS) Fifty children from different parts of the country will participate in a kids conclave on August 12 here to bring out their entrepreneurial talent, said Entrepreneurs' Organisation (EO)-A, a global network of entrepreneurs.

Mumbai, Aug 10 (IANS) Chinese multinational company Xiaomi launched its range of Redmi 3S smartphones series in India, initially available online through Mi.com and Flipkart, an official said here on Wednesday.

New Delhi, Aug 10 (IANS) The government on Wednesday introduced the Taxation Laws (Amendment) bill, 2016 in the Lok Sabha.