Business

London: Reliance Group chairman Anil Ambani has told a UK court that suggestions of his lavish tastes are speculative. Anil Ambani told the court he does not live lavishly but follows a ‘very disciplined’ lifestyle. Ambani was giving evidence in a dispute involving a loan...

New Delhi: Finance Ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states. The ministry said temporary retention cannot be termed as diversion. Days after the Comptroller and Auditor General (CAG) flagged that...

Bengaluru: As companies from Reliance to Amazon put their top dollar in serving daily grocery at your doorstep, a new report said Friday that online grocery is going to be the next battleground for growth, expanding to over $18 billion by 2024. According to a...

New Delhi: Around 80 per cent of Indian small business owners are optimistic that their business will survive the Covid-19 pandemic and 71 per cent say that they are confident of the measures taken to gain consumer trust, according to the survey by American Express. Further,...

New Delhi:  Vodafone has won the case against India over a retrospective tax demand of more than Rs 20,000 crore. The Permanent Court of Arbitration (PCA) at The Hague has ruled that the conduct of India's tax department is in breach of "fair and equitable"...

New Delhi: Inflow of Chinese goods could see a rise in the October-December quarter as items worth about Rs 20,000 crore -- primarily comprising electronics and electrical items, gifts, toys, footwear, home and kitchen appliances -- still lie at the Indian ports waiting for clearance. The...

New Delhi: Amazon Business Friday announced a special anniversary sale from September 25 to September 30 on account of completing three years of its services in India. In a statement, the company said that the event will feature a wide selection of products from both brands...

Mumbai: A day after crashing around three percent, the key Indian equity indices traded on a positive note Friday morning. Healthy buying was witnessed in auto, IT and FMCG stocks. The Asian stock markets too largely traded on a positive note. Around 10.15 a.m., Sensex...

New Delhi: The official audit of star rating system of electrical appliances has found serious flaws in the testing mechanism that resulted in inefficient and environmentally polluting refrigerators and air conditioners worth Rs 2,238 crore being sold in the market. The Comptroller and Auditor General's...

New Delhi: Cruiser bikes giant Harley-Davidson Thursday said that it plans to close its manufacturing facility in Haryana's Bawal and significantly reduce the size of its sales office in Gurugram. The development comes as part of 'The Rewire' initiative which intends to overhaul the company's...