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  Business   Companies  16 Jun 2017

Business, Companies, 16 Jun 2017

Restricted supply of HTC U11 smartphones for India

HTC said they are getting limited stocks for India because of high demand in global markets.

16 Jun 2017 9:01 PM

Count launches cloud based GST software for SMEs

With Count Magic, a business can easily generate GST compliant invoices and generate returns among other things.

16 Jun 2017 8:44 PM

Amazon to buy US grocer Whole Foods Market for USD 13.7 billion

Under the all-cash deal, Amazon will acquire the Texas-based champion of organic and specialty food for $42 a share.

16 Jun 2017 8:22 PM

NCLT admits 110 cases for insolvency resolution

A case is admitted by NCLT when it finds prima facie truth in the claims made by the applicant.

16 Jun 2017 8:04 PM

Govt releases Rs 700 crore to Nafed for buying pulses at MSP

Nafed had procured pulses and other commodities worth Rs 5,800 crore during 2016-17 fiscal mainly under the PSF.

16 Jun 2017 3:44 PM


Govt policy should allow telcos to cover costs: Idea

Vodafone, on the other hand, said call connect charge at 14 Paise is already below cost.

16 Jun 2017 3:31 PM

What consumers need to know about daily price change

Prices of petrol, diesel will change every morning at 6 am and will be valid till 6 am of next morning.

16 Jun 2017 12:07 PM

Infosys appoints Inderpreet Sawhney as group general counsel

Infosys CEO Vishal Sikka said Inderpreet has a strong and diverse global experience over a career spanning over 24 years.

16 Jun 2017 11:32 AM

Govt may write off Air India's Rs 30,000 crore debt

Report says it is expected that govt would exit Air India by March 2018.

16 Jun 2017 11:13 AM

GST launch spawns tech cottage industry for compliance

IT companies and tax advisers are teaming up to market GST compliance products to firms large and small.

16 Jun 2017 10:36 AM


Incumbent telcos ask Trai to fix 'floor' price for voice, data

Tariffs are currently under forbearance meaning that operators are only required to report their plans to Trai within 7 days.

16 Jun 2017 10:28 AM

Dena Bank slashes home loan interest rates

For loans up to Rs 75 lakhs, the rate (marginal cost of funds based lending rate) is 8.60 per cent/ per annum.

16 Jun 2017 9:40 AM

NPCI to launch RuPay Credit Card in a 'month's time'

RuPay credit card would be offered in 4 variants including a high end card that would offer insurance for upto Rs 10 lakh.

16 Jun 2017 9:35 AM

Nike to slash 1,400 jobs, cut sneaker styles in shakeup

Nike Inc said the layoffs represent about 2 per cent of its 70,000 employees around the world.

16 Jun 2017 9:21 AM

ED alleges Vijay Mallya created 20 shell companies

Over 5,000 page charge sheet has been filed before a special PMLA court in Mumbai.

16 Jun 2017 9:17 AM


RIL-BP to invest $6 bn in developing new gas fields

RIL chairman Mukesh Ambani said two firms have also agreed on a strategic cooperation.

16 Jun 2017 8:58 AM

Tesla in talks with India for lower import duty

India imposes 60 per cent customs duty on import of completely-built electric cars priced less than $40,000.

16 Jun 2017 3:25 AM