Air India

Niti Aayog suggests complete privatisation of Air India

In a report sent to the PM office, Niti Aayog has suggested complete privatisation of Air India along with writing off ₹32000 crores of debt.
flipkart-2

Nitin Seth quits Flipkart citing personal reasons

Nitin Seth, chief operating officer at Flipkart, has submitted his resignation from the post citing personal reasons. He had joined the group in January 2016
Rakesh Sarna IHCL

Mukund Rajan, Abhijit Mukerji frontrunners to head IHCL

Mukund Rajan and Abhijit Mukerji are considered frontrunners of the top post at IHCL. Rumours suggest that Zubin Dubash and Ajoy Misr are also in contention.
PayU india

PayU india plans a revenue of ₹650 crores in FY18

PayU India has set a target of generating ₹650 crores ($100 million) in revenue this financial year.
Anil Ambani reliance

Reliance Communications red flagged by 10 banks for missed loan payments

Anil Ambani led Reliance Communications has defaulted on loan-repayments of over 10 banks. The banks have tagged the company as SMA (Special Mention Accounts)
Income tax department

Income Tax department identifies benami transactions worth ₹600 crores

Income tax department has identified over 400 benami transactions with assets worth ₹600 crores in 6 states including Rajasthan, Delhi, Maharashtra.

HCL technologies to buyback shares at 17% premium

HCL has announced to start procedure of buying back shares worth ₹3500 crores at a premium of 17% per share.
IT Layoffs

Amid increasing layoffs, IT employees look to form Union

The Forum for Information Technology Employees is looking to form a registered union to fight against alleged illegal termination of IT employees.

TV Cable, DTH and Movie Theatres to have lower tax rate under GST

Ministry of Finance has clarified that under GST, entertainment will attract lower rate of tax than the present rate. This will abolish entertainment tax levied by States.
Narendra Modi 3 years government achievements

PM calls Kandla as ‘mini India’, soon to find place on global map

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During the visit to Gujarat, PM lays foundation stones for development in Kandla and calls it 'mini India', which will soon be on global trade map.