NCLT Rejects Mistry Firm Filed On TATA Group

NCLT Rejects Mistry Firm Filed On TATA Group

NCLT Rejects Mistry Firm Filed On TATA Group The National Company Law Tribunal on Wednesday dismissed a contempt petition filed by Cyrus Mistry family companies against Tata Group and its directors, alleging violation of NCLT directives in taking steps to remove him from the board of Tata Group. The bench, however, gave liberty to the Mistry family companies to file an affidavit within three days on the issue of Tata Sons holding EGM on February…

Read More

Tata Launches New HEXA at Stunning price

Tata Launches New HEXA at Stunning price

Tata’s biggest launch for 2017, Hexa is finally here. HEXA crossover’s been priced stunningly at 11.99 lakhs, undercutting both the Toyota Innova Crysta (14.13 lakhs) and the Mahindra XUV500 (12.47 lakhs). The body on ladder crossover offers 7 seats, high ground clearance, massive street presence, loads of features and a powerful turbo diesel engine.

Read More

Reliance Jio 4G VoLTE-enabled Feature Phone

Reliance Jio 4G VoLTE-enabled Feature Phone

Reliance Jio is to  planning to launch  4G VoLTE-enabled feature phones and its priced between Rs. 999 and Rs. 1,500. It has the alphanumeric keyboard, corresponding to the MyJio, JioTV, JioCinema, and JioMusic apps. Reliance Jio is expected to use Spreadtrum chipsets for its 4G VoLTE feature phones, though the company was also said to be in talks with chip giants Qualcomm and MediaTek for low-cost 4G LTE enabled processors. The entry of Reliance Jio…

Read More

Govt to review mobile manufacturing system to promote ‘Make in India’

Govt to review mobile manufacturing system to promote ‘Make in India’

In a bid to promote the ‘Make in India’ campaign, the government is planning to review its policy on manufacturing of mobile phones, quoting government officials, says. This comes right after smartphone giant Apple had asked for certain concessions while setting up manufacturing units in the country.The government officials are expected to meet up with Apple executives next week to discuss some of these demands including exemption of on import of iPhone kits and equipment’s…

Read More

Sensex raises over 100 points; Nifty50 level above 8400

Sensex raises over 100 points; Nifty50 level above 8400

The S&P BSE Sensex raises over 100 points in morning trade on Wednesday, led by gains in HDFC, HDFC BankBSE 1.18 %, Tata MotorsBSE 0.67 %, RILBSE 0.32 % and Axis BankBSE 0.03 %. The Nifty50 reclaimed its crucial level of 8,400 supported by gains in IT, realty, power, consumer durables, capital goods, banks, and auto stocks. At 09:20 am: The 30-share index was trading 103 points higher or 0.38 per cent at 27,235. It…

Read More

F M Jaitley likely to make National Pension system totally tax-free

F M Jaitley likely to make National Pension system totally tax-free

With the additional income tax deduction of Rs 50,000 announced in 2015-16 Budget failing to enthuse private-sector workers to embrace the national pension system (NPS), the government may make it more attractive in the coming Budget by making it tax-free at all three stages: Contribution, accumulation and withdrawal. The move would make tax treatment of NPS at par with public provident fund (PPF) and employee provident fund (EPF), which enjoy the exempt-exempt-exempt regime. Currently, NPS…

Read More

Don’t be irresponsible about Indian symbols, icons : Shaktikanta Das

Don’t be irresponsible about Indian symbols, icons : Shaktikanta Das

Economic Affairs Secretary Shaktikanta Das asked Amazon to desist from being flippant about Indian symbols and icons, cautioning it that “indifference will be at your own peril”. “Amazon, better behave. Desist from being flippant about Indian symbols & icons. Indifference will be at your own peril,” Das said in a tweet. In another tweet however he added: “Comment on Amazon was as a citizen of India as I felt strongly about it. Nothing more should…

Read More

Mercedes wants to use Robots for Goods Deliveries

Mercedes wants to use Robots for Goods Deliveries

Mercedes Benz Vans is investing in a company called Starship Technologies, one of the world’s leading start-ups in the field of autonomous delivery robots in a bid to make delivering goods to homes as simple as ordering them online. According to separate studies from Forrester Research, comScore and United Parcel Service, US consumers now make more purchases online than they do in store. Some 190 million Americans made an online purchase over the course of…

Read More

N Chandrasekaran is New Executive Chairman for TATA GROUP

N Chandrasekaran is New Executive Chairman for TATA GROUP

Over two months of Tata Sons board battle in which former Chairman Cyrus Mistry was sacked unceremoniously, $103-billion Tata Group appointed Tata Consultancy Services or TCS chief N Chandrasekaran as its new Executive Chairman of the conglomerate on Thursday. On his appointment, Chandrasekaran said, “I am humbled and honoured to be chosen to lead a truly great institution that occupies a unique position in the hearts of people in India and the world. I am…

Read More

Rs 50,000 crore worth MoUs signed on second day of Vibrant Gujarat

Rs 50,000 crore worth MoUs signed on second day of Vibrant Gujarat

Rs 50,000 crore worth MoUs signed on second day of Vibrant Gujarat   Over Rs 50,000 crore worth MoUs for ventures and credit were marked toward the finish of the second day of the Vibrant Gujarat Global Summit with State Bank of India standing out. SBI signed memorandum of understanding with the Gujarat Government for expanding bank credit particularly in need area. Under the MoU nation’s biggest bank will give Rs 30,000 crore worth advances…

Read More
1 2 3