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  Business   Companies  19 Aug 2019

Business, Companies, 19 Aug 2019

FM says corporate tax for cos to be cut gradually

Corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 pc, said FM Nirmala Sitharaman.

19 Aug 2019 7:31 PM

Reliance again becomes most valued firm by market capitalisation

At close of trade on Monday, RIL's m-cap stood at Rs 8,19,073.62 crore, which is Rs 7,226.43 crore more than that of TCS.

19 Aug 2019 7:11 PM

FHRAI asks food service aggregators to review discounting schemes or face protests

FHRAI in a statement said it has asked food service aggregators to engage in a 'fruitful dialogue' to arrive at a win-win outcome for all.

19 Aug 2019 6:40 PM

Airtel appoints Rajesh Tapadia as CEO of data-cloud biz

Tapadia has earlier worked with Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm.

19 Aug 2019 2:51 PM

PE-VC investment in India zooms to all-time high of USD 8.3 bn in July: Report

According to EY's private equity deal tracker, July 2019 recorded investments worth USD 8.3 billion across 106 deals.

19 Aug 2019 2:49 PM

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Rebalancing refining mkt, faster asset monetisation to drive RIL upside: Morgan Stanley

RIL announced agreeing to a non-binding letter of intent from Saudi Aramco regarding proposed investment in its refining, petrochemicals.

19 Aug 2019 2:02 PM

RBI rules out asset quality review of NBFCs for now

IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.

19 Aug 2019 1:14 PM

Apple CEO warns Trump about China tariffs, Samsung competition

Apple’s MacBook laptops and iPhones would not face the additional tariffs until December 15.

19 Aug 2019 9:54 AM

United Bank of India targets Rs 1,000 cr net profit in FY20

The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottomline of Rs 95 crore.

19 Aug 2019 9:36 AM

RSS' economic wing sees Chinese telecom firms as security risk for India

US President Donald Trump’s administration put the company on a blacklist in May, citing national security concerns.

19 Aug 2019 8:32 AM

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