Business

Facebook rolls out new features for Indian businesses

Thu, 08/04/2016 - 10:10

New York, Aug 4 (IANS) In a move to make its Pages feature valuable for businesses online, Facebook on Thursday announced two new Page sections - Services and Shop - for emerging markets including in India where 57 per cent of people on Facebook are connected to a business.

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Twitter shares spike after buyout rumours

Thu, 08/04/2016 - 09:56

New York, Aug 4 (IANS) Twitter shares surged by over 7 per cent to close at $17.61 on Wednesday following a rumour saying that former Microsoft chief executive Steve Ballmer was buying the micro-blogging website.

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Key Indian equity indices trade higher

Thu, 08/04/2016 - 09:28

Mumbai, Aug 4 (IANS) Key Indian equity market indices opened in the green on Thursday following the passage of constitutional amendment bill by Rajya Sabha which paved the way for Goods and Services Tax (GST) Bill, the biggest tax reform of the country.

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Chinese shares open lower

Thu, 08/04/2016 - 08:04

Beijing, Aug 4 (IANS) Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.07 per cent to open at 2,976.41 points.

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Chidambaram calls government draft clumsy, Jaitley refers to Rau

Wed, 08/03/2016 - 23:50

New Delhi, Aug 3 (IANS) Former Finance Minister P. Chidambaram on Wednesday called the government's constitutional amendment bill on the Goods and Services Tax a "clumsy draft", to whichi his successor Arun Jaitley said the draft's language was same as used by B.N. Rau, who had aided B.R. Ambedkar in drafting the Constitution.

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Rajya Sabha shows rare camaraderie over GST

Wed, 08/03/2016 - 23:22

New Delhi, Aug 3 (IANS) As the Goods and Services Tax Bill got the parliamentary nod to end a stalemate that lasted almost 10 years, the Rajya Sabha saw a rare camaraderie and unanimity when all members present voted in favour of the statute.

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Timex reduces net loss 37 per cent in Q1

Wed, 08/03/2016 - 23:22

New Delhi, Aug 3 (IANS) Watch and jewellery maker Timex Group on Wednesday reported a standalone net loss of Rs 2.99 crore for the first (April-June) quarter of fiscal 2016-17, which is 37 per cent less than Rs 4.74 crore it posted in the like period year ago.

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Legal portal offers e-Sign service on Aadhaar platform

Wed, 08/03/2016 - 22:56

Bengaluru, Aug 3 (IANS) New online legal documentation portal LegalDesk.com on Wednesday announced electronic signing (eSign) service on the state-run Aadhaar platform to all citizens with the unique identification number.

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CCEA extends production subsidy to sugar mills

Wed, 08/03/2016 - 22:52

New Delhi, Aug 3 (IANS) The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday decided to extend production subsidy to sugar mills to achieve expected performance in respect of export of sugar and supply of ethanol.

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Government, opposition spar over GST as a finance or money bill

Wed, 08/03/2016 - 22:32

New Delhi, Aug 3 (IANS) Strong differences emerged between the ruling National Democratic Alliance (NDA) and the opposition in the Rajya Sabha here on Wednesday over the issue of Goods and Services Tax (GST) Bill being presented as a finance or money bill.

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Cabinet approves proposal to peg central schemes at 30

Wed, 08/03/2016 - 21:30

New Delhi, Aug 3 (IANS) The Union Cabinet on Wednesday accepted major recommendations of the Sub-Group of Chief Ministers on rationalisation of Centrally Sponsored Schemes (CSSs), which had suggested that the total number of schemes should not normally exceed 30.

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