India Business

India Business

GST refund to foreign tourists at airports on the cards

Foreign tourists may soon get to claim Goods and Services Tax (GST) refunds at airports at the time of exit as the revenue department...

ICICI Bank orders probe into allegations against Chanda Kochhar

The board of India's largest private sector lender ICICI Bank has ordered an independent probe into allegations of 'conflict of interest' and 'quid pro...

Flipkart deal good for India, says Walmart CEO

World's largest retailer Walmart Inc today tried to assuage concerns around its USD 16 billion takeover of Flipkart, saying the deal is good for...

Flipkart: From modest start to Walmart nuptial and everything in between

From selling books online to striking a jaw-dropping USD 16 billion deal with the world's largest retailer Walmart, all within 11 years, Flipkart has...

India’s TCS crosses $100-bln market value

Tata Consultancy Services (TCS) became the first Indian company in a decade to breach the $100-billion market value barrier after stocks in the IT...

Top Amul Executive Resigns, Board Denies 450-Crore Corruption Allegation

The managing-director of Anand-based Kaira District Co-operative Milk Producers Union Limited or KDCMPUL, popularly called Amul Dairy, has resigned and his resignation was accepted...

India to be ready with 5G roadmap by June: Tel Secy

India will be ready with a full roadmap for 5G technology by June this year, Telecom Secretary Aruna Sundararajan said today. Terming 5G important...

Air India makes history by flying to Israel via Saudi airspace

The direct maiden flight of Air India to Tel Aviv from New Delhi arrived here on Thursday, heralding a new chapter in the India-Israel...

Chennai Jeweller Accused Of Rs. 800 Crore Bank Fraud, CBI Files Complaint

A case has been filed by the CBI against Chennai-based jeweller Kanishk Gold Pvt Ltd for allegedly cheating a consortium of 14 banks of...

Reliance Communications gets bondholders nod for asset sale

Indian telecom company Reliance Communications Ltd (RLCM.NS) (RCom) said on Wednesday its bondholders approved its asset selling plan. Holders of the company’s $300 million bonds...