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Zee Entertainment backs out from $1.4 bn deal with Disney Star

Zee Entertainment has backed out from a $ 1.4 billion licensing agreement with Disney Star for th…

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2 mins read

RBI allows banks to issue RuPay prepaid forex cards

By promoting electronic payments, RuPay aligns with the Reserve Bank of India's goal of fostering a…

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Claiming tax exemption showing rent paid to relatives? Five things to keep in mind

If you are employed, and receive a house rent allowance (HRA) as part of your salary, you have the …

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What is Corporate Income Tax in India and what has changed after today's announcement?

Indian Taxation Act mandates that domestic as well as foreign companies need to pay what is know…

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1 min read

Vodafone Idea lost $700 million in 3 months, but its investors lost $200 million in a day

Vodafone Idea’s stock crashed by a massive 27% in today’s trade, closing at ₹6.7 per share. It …

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There are three reasons why Indian CEOs have put global expansion plans on hold

As India’s aspires to become $5 trillion economy by 2025, India’s CEOs want to ride that wave and g…

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Trump lashes out at India — yet again — over retaliatory tariffs

Bilateral ties between India and the United States seem to be worsening as the US President, Donald…

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3 mins read

India’s largest bank was caught lying about its profits for 3 years but no one got punished, according to an expose

What makes it worse is that all this information is available with the banking regulator, Reser…

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2 mins read

These sectors will hurt the most from US withdrawing trade benefits to India

The automobile and petrochemical industry will be the most effected by the US removing India from t…

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2 mins read

India’s central bank is ramping up its supervision of the country’s commercial lenders and shadow banks

In response to the spate of frauds at large banks and defaults by NBFCs in the last year, the Reser…

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2 mins read

Agusta Westland case: India’s apex court allows taxman to try accused under new black money law

The Supreme Court stayed an order by the Delhi High Court that prevented the Income Tax (IT) Depart…

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2 mins read

Indian households face a double whammy with price hikes in milk and fuel

Indian dairy major Amul today hiked prices of its milk, for the first time in two years. The Gujar…

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2 mins read

Latest monsoon projection may take the wind out of India's markets

A strong monsoon always provides a filip to India’s economy. Not only does it increase farm produ…

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2 mins read

Here's how the government’s new debt relief scheme for small business owners will work

The Ministry of Corporate Affairs, in conjunction with the Insolvency and Bankruptcy Board of Indi…

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2 mins read

Seven Indian pharma companies are being dragged into a US lawsuit over high drug prices

Seven Indian drugmakers - Sun Pharma, Dr Reddy’s Laboratories, Glenmark Pharma, Lupin Wockhardt…

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India’s financial crime agency is investigating Etihad’s 2014 investment in Jet’s loyalty programme

The ED is attempting to establish whether Jet Airways violated foreign exchange protocols when…

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The creditors of Anil Ambani’s cash-strapped Reliance Communications are finally making it undergo bankruptcy proceedings

Under the Insolvency and Bankruptcy Code, a resolution has to be completed within 270 days. Er…

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2 mins read

The growth in India’s services sector just hit a 7-month low on weaker spending

The cautious sentiment of Indian consumers and businesses drove the growth rate of the country’s se…

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2 mins read

Bowing to pressure, PepsiCo withdraws its lawsuit against four Indian potato farmers

Prior to the withdrawal, it had also attempted to settle with the farmers by offering them the …

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India’s manufacturing growth just hit an 8-month low

The cautious sentiment of Indian businesses drove the growth rate of the country’s manufacturing …

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Here’s why India’s monthly car sales recorded the highest drop since 2011

The sales crunch in the Indian auto industry persists. This, in addition to an adjust…

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India’s market regulator finally slapped a fine on the National Stock Exchange for giving preferential access to certain brokers

The SEBI found that between 2011 and 2014, some brokerages, the likes of which include OPG Secur…

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One of India’s most valuable companies has been hit with a second lawsuit for improper use’ of a software provider’s source code

The company, which is the IT services arm of Tata, has been accused by the US-based Computer Ser…

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2 mins read

Anil Ambani’s woes get compounded with a series of downgrades for three Reliance Group subsidiaries

The debt instruments of Reliance Home Finance (RHFL) and Reliance Commercial Finance (RCFL) ha…