Business

Chinese mobile company Oppo, which faced worker's unrest at its Noida plant after the incidence of disrespect to the Indian flag, on Thursday said the factory will reopen soon.

Phones, rings and bags are among the most common items customers have left behind in Uber cabs in India, according to a list published by the ride hailing app which also includes some unusual entries like puppies as well as a cheque for Rs 15 lakh.

Finance Minister Arun Jaitley on Thursday said he cannot accept the amendments suggested by the Rajya Sabha to the Finance Bill.

Finance Minister Arun Jaitley on Wednesday introduced the GST legislations in the Lok Sabha for consideration and passage, which kept investors in good spirits.

The Central Board of Indirect Taxes and Customs (CBIC), which will replace the current CBEC, will become operational from June 1 in preparation for the Goods and Services Tax (GST) regime, an official source said.

On Friday, the rupee had gained 11 paise to end at 65.41 against the American currency on fresh bouts of dollar selling by exporters and banks.

Stock markets may see volatile trading sessions this week amid derivatives expiry and will be guided by global cues for further direction in the short-term, say experts.

The rupee strengthened by 5 paise to 65.39 per dollar in early trade on Thursday on some selling of the US currency by exporters and banks.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,525.88 points, provisionally closed at 29,485.45 points (at 3.30 p.m.) -- down 33.29 points or 0.11 per cent from the previous close at 29,518.74 points.

World Banks probe body CAO has raised concerns over IFCs insufficient action to address environmental norms violation by Tata Power arm Coastal Gujarat Power Ltd (CGPL).

The rupee strengthened by 9 paise to trade at 65.37 against the dollar in opening trade on Monday on fresh selling of the US currency by exporters and banks.

The decision of the United States to suspend fast-track H-1B visas will hurt India in the 'short run' but will hugely damage the American economy, former chief economist of the World Bank Kaushik Basu said on Thursday.

Investors chose to sit tight on Wednesday as the Sensex remained in the bearish territory for the second day, dropping further by 98 points, and anxiety concerning state poll results and a probable Fed rate hike grew.

E-commerce major Flipkart is looking to hire 20-30 per cent more people in 2017 compared to last year even as rival Snapdeal hands out pink slips to its employees.

India's annual economic growth slowed to 7 percent in the three months through December from a revised 7.4 percent expansion in the previous quarter, government data showed on Tuesday.

Finance Minister Arun Jaitley on Monday opened the London Stock Exchange in a special ceremony following which he discussed with investors the role of London in developing India's fin-tech ecosystem and delivering infrastructure development priorities.