BUSINESS

Final Bids For Air India Sale Today; Tata, SpiceJet In Race

Air India is laden with a huge debt of around ₹ 43,000 crore of which ₹ 22,000 crore will also be transferred to the Air India...

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Indian law firms reluctant to advise on IPO of insurance giant LIC: Sources

MUMBAI: India’s plans to list state-run Life Insurance Corporation (LIC) face an unusual problem: domestic law firms are shying away from advising the government,...

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‘Dum Maaro Dum’-inspired iPhone launch video creates social media frenzy

The iPhone 13 launch video from Apple uses a ‘Dum Maaro Dum’-inspired tune to describe the features of its newest phone. Apple’s...

you-won't-have-to-worry-about-petrol-and-diesel-prices-for-next-two-months

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GST Council meeting: Petrol may cost ₹75, diesel ₹68 a litre, claims report

At present, petrol is sold at ₹101.19 per litre and diesel at ₹88.62 in Delhi. In the national capital, central levies account for over...

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Union Cabinet Approves Rs 26,000-Cr PLI Scheme for Auto Sector, Drone PLI Scheme: Sources

The scheme will now only incentivize makers of electric and hydrogen fuel cell vehicles, sources had earlier said. To boost electric vehicle...

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SBI to cut base rate by 5 bps to 7.45% from Sept 15

India’s largest bank, State Bank of India (SBI) on September 14 has decided to cut the base rate by 5 bps to...

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Vinod Kannan to be Vistara CEO from January 1

NEW DELHI: Vistara chief commercial officer Vinod Kannan will be the airline’s chief executive officer from January 1, 2022, when current incumbent...

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Tata mulling leadership makeover of $106 billion empire

NEW DELHI: Tata Sons Ltd, the holding company for India’s largest conglomerate, is considering an historic revamp of its leadership structure by...

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Cabinet may consider relief package for telecom sector on September 15

The relief package under consideration includes telecom firms getting an option to convert interest on spectrum dues of the four-year moratorium period...