business news

IndiGo, India's largest airline, has vowed to challenge the ₹944.20 crore tax penalty imposed by the Income Tax Department, calling the order “erroneous and frivolous.” The airline's parent company, InterGlobe Aviation, received the penalty order on Saturday, prompting IndiGo to announce its intent to seek legal remedies.

Akash Ambani, Chairman of Reliance Jio Infocomm, recently shared insights into the relentless work ethic of his father, Mukesh Ambani, while speaking at Mumbai Tech Week. In a conversation with Harsh Jain, CEO of Dream Sports, Akash revealed how his father's dedication continues to inspire him.

Stock Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty 50 opened flat on Tuesday amid mixed cues from global markets. Financial, oil and gas shares traded with gains, while FMCG shares extended losses. Investors awaited more of financial results from India Inc for domestic cues, with Adani Ports and Bharti Airtel …

Maharashtra govt’s goal is to eventually make the state a trillion-dollar economy. For this, it’s pushing to boost the economy of its most valued asset — the Mumbai Metropolitan Area. Mumbai: As part of its goal to make Maharashtra a trillion-dollar economy, the Eknath Shinde-led state government is aiming to make …

By Malvika Gurung Investing.com — Shares of the beleaguered telecom company Vodafone Idea (NS:VODA) rallied a whopping 23.36% to Rs 8.45 apiece while writing, after soaring 25% in the session and hitting an upper circuit of Rs 8.55 apiece on Monday. The stock skyrocketed in response to the Government order passed on …

Elon Musk has admitted that the micro-blogging site had to be ‘saved from bankruptcy’ and that the same required a lot of hard work. He also said that the company is still facing challenges and public support will be highly appreciated. In Short Elon Musk said that the last three …

The finance minister is of the opinion that with more money in taxpayers hands under the new I-T regime, they would be the best judge to decide their own choice for investment.Finance Minister Nirmala Sitharaman charted out the pitfalls that had to be avoided and the challenges presented by a …

Gautam Adani has lost his title of Asia’s richest person to Mukesh Ambani as a rout in his conglomerate’s stocks deepened to $74 billion after a US-based short-seller report.Mukesh Ambani, Chairman of Reliance Industries, once again reclaimed India and Asia’s richest spot with a net worth of $81 billion, according …

The price of Amul Gold will now be Rs 66 per litre, Amul Taaza will be Rs 54 per 1 litre. Gujarat Cooperative Milk Marketing Federation Limited, which markets the Anand-based cooperative brand Amul, on February 3 announced a hike of up to Rs 3/litre on fresh milk. After this …

Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission were also suspended when they hit their limits. Mumbai:  Billionaire Gautam Adani denied Friday that his rise to become Asia’s richest man — a title he has lost in a phenomenal stock rout — was due to Prime Minister …