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Kotak Mahindra Bank cuts 10% pay for all staff earning above Rs 25 lakh. (PTI Photo)

Kotak Mahindra Bank announces 10% pay cut for staff earning above Rs...

The move comes weeks after the top management voluntarily surrendered 15 per cent of their payments for 2020-21

7 May 2020 1:39 PM IST

government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September . (PTI Photo)

Date for filing GST return extended to September 30

A notification has been issued to extend the time limit for furnishing of annual (goods and services tax) return

7 May 2020 12:45 PM IST

Multinational companies looking to move out of China should consider Assam, with its abundant natural resources. (PTI Photo)

Assam woos MNCs moving out of China

Tea industry loses Rs 600 crore due to lockdown.

7 May 2020 11:36 AM IST

Zomato India mulls liquor deliveries over surge in demand

Zomato India mulls liquor deliveries over surge in demand

Zomato would target areas that are relatively less affected by Covid-19

7 May 2020 11:12 AM IST

Oil marketing companies shares drop 13%, after hike in excise duty on petrol, diesel

Oil marketing companies shares drop 13%, after hike in excise duty on...

Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil...

6 May 2020 4:05 PM IST

Airbnb Inc is laying off 25% of its workforce. (AFP Photo)

Airbnb cuts 1,900 jobs as coronavirus hits home rentals

Airbnb's business has been hit hard, with revenue this year forecasted to be less than half of what we earned in 2019

6 May 2020 10:48 AM IST

Varun Beverages March qtr profit up 50 pc to Rs 60 cr. (ANI Photo)

Varun Beverages March quarter profit rises 50% to Rs 60 crore

The company said though the demand in domestic and international markets is curtailed, it is expected to get normal in...

5 May 2020 3:55 PM IST

WeWork co-founder Neumann sues SoftBank . (AFP Photo)

WeWork co-founder Neumann sues SoftBank over failed tender offer

The tender offer was part of a $9.6 billion rescue financing package that SoftBank agreed with WeWork in October

5 May 2020 12:02 PM IST

ITC has warned some workers of disciplinary action. (PTI Photo)

ITC faces union backlash over coronavirus work warnings

ITC has warned some workers of disciplinary action and pay cuts for missing work during the coronavirus crisis

5 May 2020 10:25 AM IST

Reliance Industries Limited Chairman Mukesh Ambani. (PTI Photo)

After Facebook, Silver Lake to invest in Reliance Jio

The deal comes days after Facebook (FB.O) said it would spend $5.7 billion to buy a 9.99% stake in Jio Platforms

4 May 2020 9:16 AM IST

Working with sellers to help them make products available. (PTI Photo)

Flipkart may begin operations soon

Under the latest rules, e-commerce activities in red zones are permitted only for essential goods during the third phase...

3 May 2020 12:32 PM IST

Mukesh Ambani , Chairman, Reliance Industries. (PTI Photo)

Reliance Industries suffer worst profit fall in over 11 year on weak...

Reliance said gross refining margin, the profit earned on each barrel of crude oil processed, was $8.90 per barrel in...

1 May 2020 8:58 AM IST