One of Canada’s top business leaders has lashed out at US President Donald Trump over the shooting down of an airliner by Iran last week. Maple Leaf Foods chief executive Michael McCain said his colleague’s wife and son were among the 57 Canadians who died. Without explicitly naming Mr Trump,Read More →
Noida-headquartered digital payments giant Paytm on Thursday (January 9) added yet another feature to its widening product portfolio — Paytm Business Khata. The company said that this empowers Paytm merchant partners to maintain digital ledgers of all their customer transactions including cash and credit. Paytm further said that with ‘PaytmRead More →
New Delhi: Prime Minister Narendra Modi on Friday said the Indian banking sector is “much stronger” than before as a result of the government’s moves to merge and recapitalize banks. “Three-four decades earlier when banks were nationalized, there was a lot of celebration. We found that (having) so many banks has its disadvantages.Read More →
New Delhi: In a move to reach out to India Inc, Home Minister Amit Shah on Saturday said that the National Democratic Alliance (NDA) government under Prime Minister Narendra Modi will work with the industry to make India a $5 trillion dollar economy. Acknowledging the slowdown in the economy, the BharatiyaRead More →
The Finance Ministry has said that ‘e-invoicing’ will be mandatory for businesses having turnover of Rs 100 crore or more from April 1. ‘E-invoicing’ is a system in which B2B (Business-to-Business) invoices are authenticated electronically by GSTN (GST Network, the IT backbone for new indirect system) for further use onRead More →
The cabinet significantly eased entry barriers in the state-dominated petrol pump business to encourage competition from Indian and foreign firms. It also approved a revival package for state-owned telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone NigamNSE 4.92 % Ltd (MTNL) that aims at the eventual merger of the witheringRead More →
The possibility of a fiscal crisis is the biggest risk to doing business globally, according to a survey of World Economic Forum business leaders published on October 1, though there were strong regional differences in views of the biggest risk. In North America and Europe, cyber attacks were considered theRead More →
New Delhi: Digital payments company Paytm has appointed ex-Goldman executive Amit Nayyar as president, financial services business. Reporting to Vijay Shekhar Sharma, founder and CEO of Paytm, Nayyar will lead the company’s efforts to further its footprint in lending, insurance, wealth management and broking businesses, the company said in a statement. “As we focusRead More →
NEW DELHI: Drug firm Strides Pharma Science Monday said its step-down subsidiary has signed the definitive agreements for sale of its entire Australian business to Arrow Pharmaceuticals upon receipt of all requisite approvals. Earlier this year, Strides Pharma Science had decided to exit its investment in Arrow Pharmaceuticals for AUDRead More →
NEW DELHI: The Indian arm of Japanese consumer durables maker Panasonic is looking at increasing the share of its consumer appliances business, as well as its business-to-business products in India as it hopes to sell more washing machines, air conditioners, refrigerators, and industrial solutions in the country. Currently, the company fetchesRead More →