GM has decided to stop selling vehicles in India by the year-end and focus just on exports from here, offering compensation to its dealers.
“So we have a list of things that we want to go over and we’re hoping that we come out with a list of deliverables that come out of the meeting of the President with the Prime Minister and we will have additional interactions with India after that,” said US Trade Representative Robert Lighthizer.
The Noida International Airport near New Delhi will be built from scratch in phases and is expected to cater to 30-50 million passengers per year (MPPA) over the next 10-15 years, the Civil Aviation Ministry said in a statement.
The state also wanted the Centre to introduce more Air India Express flights and persuade private airlines to operate additional flights to the Gulf region under the open sky policy.
Modi, who arrived here on the first leg of his three- nation tour, said his brief visit will further strengthen relations between India and Portugal.
Watch accompanying videos of Infosys’ 36th annual general meeting (AGM) to know management’s FY18 growth outlook.
In an interview to CNBC-TV18's Latha Venkatesh, Anant Narayan of Standard Chartered, R Shankar Raman of Larsen and Toubro and V Srinivasa Rangan of HDFC spoke about the strength of the rupee versus the dollar and its impacts on industry.
Future Group, which runs retail stores across the country under various formats, wishes to grow its fashion business to Rs 12,000 crore in the current fiscal.
"I think that it would be wrong to say that this administration has been ignoring or not focused on India," a senior administration official told reporters ahead of the two-day Modi visit from June 25.
Due to introduction of GST,there will be low effect of duty on many items, reduction in cascading effects of multiple taxes despite the apprehensions felt by the EXIM (export- import) community, ultimately resulting in lowering the cost and making our exports more competitive
After three weeks of decent show this week most pharma stocks ended red. The week highlights include government making Aadhaar mandatory for treatment of tuberculosis, IHH pulling out of Fortis deal, US FDA chief indicating about speeding up generic approvals and Cipla settling an important patent challenge case with Roche on cancer drug Tarceva.
Infosys Chairman R Seshasayee on Saturday said it will be his last AGM before he retires next year in May and plans a smooth transition to his successor.
This week the banking sector focused on the 12 large corporate bad loan accounts identified by RBI to be taken to the National Company Law Tribunal under the Insolvency and Bankruptcy Code.
Led by the most populous Uttar Pradesh and the largest Rajasthan, the gross fiscal deficits of all the states skyrocketed to Rs 4,93,360 crore in fiscal 2016, according to the latest RBI data.
Italian bike brand Ducati saw new suitors lining up for a potential buy-out while closer home Japanese bike giant Honda launched the most affordable scooter.
Over the last 5 years, TCS has outperformed the Infosys stock by 42 percent.
Flipkart has kicked off its own ‘Own Your Dream Phone’ sale from today offering massive discounts across premium smartphones from Apple, Google, Samsung and Motorola
RBI has said that any person can file a complaint with the Banking Ombudsman against a bank for improper, unsuitable sale of third party financial products like insurance.
The White House has said that there were no specific plans to raise the contentious H-1B visa issue during US President Donald Trump's meeting with Prime Minister Narendra Modi.
Infosys used temporary visas called B-1 visas, which are easier to obtain, instead of H-1B work visas which are used for transfer of skilled workers, New York Attorney General Eric Schneiderman said.
Deemed exports refer to the transactions in which the goods supplied do not leave the country and the payment for such supplies is received either in Indian currency or in free foreign exchange.
Debt-ridden Bajaj Hindusthan Sugar has shelved the plan to sell power business to group firm Lalitpur Power Generation Company for about Rs 1,200 crore, even as its lenders have initiated resolution process under S4A to restructure loans.
The bank has been able to avoid the problems in power, infra and other sensitive sectors, Vishwavir Ahuja, MD & CEO, RBL Bank.
Segments of the real estate sector in India have many a time been a hotbed of undesirable activity and these practices should come to an end with the recent establishment of real estate regulatory authorities across the country, he said in his annual message to shareholders.
The amended Banking Ombudsman Scheme shall come into force from July 1, 2017.