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Excise duty collection surges 48% in FY21 on high fuel levies

New Delhi, Jan 17 (IANS) As the government has kept excise duty on petrol and diesel elevated amid the pandemic with…

IndiGo to start Delhi-Leh flight services from Feb 22

New Delhi, Jan 16 (IANS) Budget airline IndiGo has added Leh to its network and will start its daily Delhi-Leh flights…

ONGC’s plan to merge MRPL with HPCL may have to wait till FY24

New Delhi, Jan 17 (IANS) State-run oil and gas explorer ONGC’s plan to complete the merger of its refining subsidiary MRPL…

Rising trade deficit to dampen rupee’s prospects

New Delhi, Jan 17 (IANS) Rising trade deficit along with chances of a populist budget might dampen rupee’s prospects during the…

HDFC Bank’s Q3 standalone net profit rises 18%

Mumbai, Jan 16 (IANS) Lending major HDFC Bank on Saturday reported an 18.1 per cent increase in standalone net profit for…

Bank credit to manufacturing muted amid pandemic

New Delhi, Jan 17 (IANS) Bank credit to manufacturing sector has remained muted in the current financial year amid the pandemic,…

Lack of managers keeps India’s businesses small: Study

New York, Jan 15 (IANS) Most firms in India and other developing countries are family owned and often shun outside managers…

Cisco reaches deal to acquire Acacia for $4.5 billion

San Francisco, Jan 15 (IANS) Networking giant Cisco has agreed to acquire Acacia for $115 per share in cash, or approximately…

Railways allows e-catering facility at selected stations

New Delhi, Jan 15 (IANS) The Indian Railways on Friday allowed e-catering services to resume at selected railway stations. In a…

Kiran Mazumdar-Shaw new vice-chair of US-India biz body

Washington/Bengaluru, Jan 14 (IANS) Biocon Chairperson Kiran Mazumdar-Shaw is the new vice-chair of the US-India Business Council (USIBC) board for 2021,…
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