Liquor mogul Vijay Mallya's possible disappearance to the UK amidst a fight to recover hundreds of crores in unpaid loans caused friction in Parliament today.
The Union Government has decided to withdraw its proposal to tax Employees Provident Fund (EPF) withdrawals above 40 percent of the accumulated corpus. The opposition parties claimed credit for compelling finance minister Arun Jaitley to do a rethink.
Liquor baron Vijay Mallya, who owes thousands of crores in debts, should be barred from leaving India, a group of banks said in a petition to the Supreme Court.
Aubrey McClendon, a founder and former chief executive of Chesapeake Energy, died in a car crash on Wednesday, a day after he was charged with conspiring to rig bids for oil and natural gas leases.
In Forbes' 2016 billionaires list of the world's richest people, Facebook CEO Mark Zuckerberg moved up 10 places from last year to reach sixth spot becoming the biggest gainer, the business magazine said Tuesday.
Aubrey McClendon, former chief executive officer (CEO) of Chesapeake Energy Corp, was charged on Tuesday with conspiring to rig bids to buy oil and natural gas leases in Oklahoma, according to the Justice Department.
The head of an international metallurgical company has been taken under arrest on charges that he smuggled a specialized powder used in aerospace and in designing missiles to Iran, federal prosecutors said Tuesday.
The finance ministry on Tuesday said a final view was yet to be taken over tax treatment of provident fund contributions proposed in the union budget.
The association of 17 lenders to the long grounded Kingfisher Airlines have decided to approach the Debt Recovery Tribunal (DRT) against the airline Chairman Vijay Mallya to place their bets on the USD 75...
Union Finance Minister Arun Jaitley unveiled a budget for the poor on Monday, announcing new rural aid and health programmes in a strategy that could improve BJP's winning chances in coming state elections.
Chief economic adviser Arvind Subramanian has come up with a comprehensive road map to address India's most demanding labour market task of creating jobs in the formal sector and identifying ways to help country climb the technology ladder which can promote faster medium-term growth.
Life Insurance Corporation of India (LIC) has bought almost 60% of the NTPC shares sold by the government, taking its stake in India's biggest power producer to 12.98%.
Vijay Mallya, Chairman of United Spirits Ltd will receive $75 million (Rs 515 crore) from Diageo as part of an "agreement" for his departure from the company. The company was established by his family and now run by the global liquor giant.
The cabinet chaired by Prime Minister Narendra Modi has approved the measures to promote electronic payments through plastic money and digital means. These include the withdrawal of surcharge, service charge...
Glenmark Pharmaceuticals USA has been granted final approval by the US Food & Drug Administration (USFDA) for generic oral contraceptive norgestimate ethinyl estradiol tablets.
American coffee company chain, Starbucks, is changing the terms of its rewards program so that people who just get a regular cup of coffee will have to spend more to earn a freebie.
Ringing Bells Private Limited, makers of the world's cheapest smartphone, has come under the scanner of income tax department as debates around the feasibility of offering a Rs 251 smartphone continue.
Washington: A major debate started on the Internet this weekend when Yelp sacked one of its customer service agents, Talia Jane, hours after she posted an article to Medium entitled, An Open Letter To My CEO.
Noida-based Ringing Bells Private Ltd has closed the booking of India's cheapest smartphone Freedom 251.
West Bengal Finance Minister Amit Mitra has been named the new chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax (GST) on Friday.
Logistics firm Xpressbees has secured Rs 85 crore in funding from its existing investors, which include SAIF Partners, IDG Ventures India, NEA, Valiant Capital and Vertex Ventures.
The Indian tax authorities have sent a notice to Vodafone Plc, which is engaged in arbitration with the government in a tax case, threatening to seize assets if the company did not pay up $2.1 billion in taxes, according...
IT stocks fell steeply on Tuesday after New Jersey-based Cognizant Technology Solutions' December quarter earnings announcement overnight.
Software giant Microsoft has cut $100 off every model in the Surface Pro 4 range, with the exception of the Intel Core i7 version with 16GB of RAM and 1TB of storage, which is still priced at $2,699.
Beating other food technology firms on the road to profitability, online restaurant search and food-ordering company Zomato has operationally broken even in India, and is on track to make a profit as early as June next year.
In a tale of triumph against adversities, a final-year student of Indian Institute of Technology (IIT) Kharagpur, who is the son of a welder in Bihar, has bagged a job with US-based Microsoft with an annual starting...
Five air hostesses of Jet Airways have been grounded for allowing playback singer Sonu Nigam to sing from the plane's address system. The in-flight concert took place during a chartered flight from Jodhpur to Mumbai on...
India's top multinational IT Company Tata Consultancy Services has emerged as the world's most powerful brand in Information Technology Services by a leading global brand valuation firm, the company said on Wednesday.
Search engine giant Yahoo is planning to announce that it will explore "strategic alternatives" for its ailing internet business, which could include a sale, and laying off about 1,700 employees, perhaps including...
e-Commerce giant Flipkart has announced the launch of 'Big Exchange Days.' It is a new monthly exchange programme for the TVs, laptops, smartphone, tablets, washing machine and refrigerator category.