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Reliance Jio denies allegations that JioPhones imported from China | Gadgets Now

Reliance Jio has rubbished allegations that it was trying to evade import duties by taking alternative trade routes to ship in its 4G feature phone JioPhone, saying it manufactures all those handsets in India.........

Govt threatens to withdraw Delhi airport security over payment dispute

Delhi’s Indira Gandhi International Airport may be left without security cover if long-running payments over 600 crores dispute between the airport’s operator and the Central Industrial Security Force (CISF) is not resolved soon.........

Mukesh Ambani becomes Asia’s richest person

Reliance Industries chairman Mukesh Ambani on Friday raced past Alibaba founder Jack Ma to earn Asia’s richest person tag. Mr Ambani was worth $44.3 billion compared to $44 billion of Mr Ma. ........

Flipkart deal: Will fulfill all tax obligations, Walmart tells IT department

US retail giant Walmart has assured the Indian income tax department that it will fulfil all tax obligations on its proposed USD 16 billion Flipkart buyout.........

Reliance Industries re-enters USD 100-billion market capitalisation

Reliance Industries today reclaimed the USD 100-billion m-cap mark in morning trade on the bourses, as the company shares hit a fresh 52-week high of Rs 1,091 apiece.........

Retail inflation accelerates to 5 per cent in June

India’s retail inflation rate accelerated to a five-month high of 5.0 per cent in June, government data showed on Thursday, driven by higher fuel prices and a depreciating rupee.........

Banks question UIDAI diktat on audit

The decision of the UIDAI to appoint Deloitte as the only agency authorised to do mandatory audits of Information Security (IS) in banks, financial institutions and telcos using the Aadhaar-based authentication regime, has attracted flak from bankers.........

India Muscles Past France to Become World's Sixth-biggest Economy

India has become the world's sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017. India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.........

Andhra Pradesh tops 'ease of doing business' ranking, Telangana comes 2nd

Andhra Pradesh, with a score of 98.42 per cent, topped the 'ease of doing business' ranking among states prepared by the World Bank and DIPP. Telangana has slipped to the second spot with a score of 98.33 per cent. Haryana came third with 98.07 per cent ........

Indian IT companies take less than 12% of H-1B visas: Nasscom

Nasscom chairman Rishad Premji and president Debjani Ghosh say US administrative measures on immigration have not had a significant impact on Indian IT, and that the industry has adjusted by drastically reducing dependence on H-1B visas.........

Unsecured bank loans rise four-times in last three years on higher discretionary spending, lower interest rates: Crisil

Between fiscals 2015 and 2018, unsecured credit comprising personal, small and medium enterprise (SME), and credit card loans clocked a compound annual growth rate (CAGR) of 27 per cent or almost four times growth in bank credit, the Crisil report said. ........

Team - Pervaiz Alam, Achala Sharma - Cineink

Pervaiz Alam & Achala Sharma: Pervaiz Alam and Achala Sharma are the main team members who are passionate about all the issues that might be considered too controversial to be discussed in the conventional media space.........

Bank of China Will Now Have Offices in India, RBI Issues Licence

Reserve Bank of India (RBI) issued a licence to Bank of China to operate offices in India. The decision to allow operations was reached at a meeting between Chinese President Xi Jinping and Prime Minister Narendra Modi at SCO summit. ........

Sterlite moves NGT against closure order

Sterlite Copper filed an appeal before the National Green Tribunal (NGT), New Delhi, challenging the orders passed by the Tamil Nadu Pollution Control Board directing the closure of its copper smelter unit at Thoothukudi in the State.........

Qatar to buy Sahara's New York Plaza Hotel for $600 million

Qatar's state-owned Katara Holding is buying full ownership of the hotel, including a 75 per cent stake from Indian business group Sahara India Pariwar, once owned by US President Donald Trump to its luxury property portfolio.........

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