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India Business & World Business News

Ghosn's escape 'unjustifiable': Japanese justice minister

Carlos Ghosn's escape from Japan is "unjustifiable" and he is thought to have left the country using "illegal methods", the …

Iran tension may push up fuel prices, spook bid to boost economy

Global oil prices spiked 4% on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitt…

Bank credit grows 7.1% to Rs 99.5 lakh crore

Banks’ credit and deposits grew by 7.1% and 10.1% to Rs 99.5 lakh crore and Rs 130 lakh crore in the fortnight ended December 20, according to the la…

IOC plans to monetise its assets through SPVs, arms

India’s largest oil refiner and fuel retailer, IOC, is looking at monetising its pipelines and storage infrastructure. The plan is to create special …

India tops in user information requests on TikTok

India sent the highest number of requests for user information and content removal to popular short video app TikTok. This was revealed by the app’s …

Finance ministry pushes banks, businesses to put in RuPay infra

With a large number of banks only issuing Mastercard or Visa cards, the finance ministry has decided to ask them to ensure that there is no infrastru…

After Mistry’s exit, growing under N Chandra: Tatas

Tata Sons told the Supreme Court on Thursday that the NCLAT erred in recording that the Shapoorji Pallonji (SP) Group, of which Cyrus Investment and …

Reinstating Mistry will cripple corp democracy: Tatas

Tata Sons on Thursday moved the Supreme Court and sought quashing of the National Company Law Appellate Tribunal’s December 18 decision, directing th…

Govt eyes Rs 30,000 crore via cash management bill

Faced with redemptions of government securities (G-Secs) aggregating Rs 1.35 lakh crore till January 16, the government on Thursday said it will auct…

Trai offers more TV channels at lower price

Broadcast regulator Trai has come out with a new tariff regulation, which will enable TV subscribers to access more channels at a lesser price. Trai …

'AdWise' counselling: 'My boss bypasses me'

Are you dealing with a tough boss? Are your colleagues being mean to you? Is your workplace culture hindering your growth? Talk to us. Our panel of e…

Wipro's jr Premji may lose exec chairman role

Wipro’s Rishad Premji may cease to continue as the company’s chairman in an executive role if Sebi’s guidelines on segregation of the positions of ch…

GST evaders set to face stricter scans

Goods and services tax (GST) authorities are going to seek bank account details of businesses to tally with their filings, apart from initiating othe…

Car sales dip most in 2 decades in 2019

Indian auto industry wrapped up one of its most difficult periods in the year 2019 as sales of cars and SUVs went into a free fall, witnessing the b…

Ghosn: Fallen car magnate and his '3 passports'

Former car magnate Carlos Ghosn's stunning departure from Japan, where he was facing trial on financial misconduct charges, poses numerous questi…

Sameer Aggarwal set to be next CEO of Walmart India

Walmart India, the domestic arm of US retail giant Walmart, is gearing up for change of guard with Krish Iyer set to retire soon from the post of pre…

Rs 102L cr investment plan for mega infra push

Finance minister Nirmala Sitharaman on Tuesday unveiled a Rs 102 lakh crore infrastructure investment plan for the next five years, with less than a …

Sensex starts 2020 on a higher note; Nifty above 12,200

Equity indices started New Year 2020 on a higher note with the benchmark BSE sensex rising over 150 points. The 30-share BSE index jumped 155 points …

Core sector output falls for 4th month, dips 1.5% in November

For the first time in eight years, core sector output fell for the fourth straight month. As many as five out of the eight sectors covered by the ind…

Economy hit by lack of political consensus: RC Bhargava

Maruti chairman R C Bhargava has said that lack of political consensus is slowing down the Indian economy which, in turn, is limiting the ability of …