Business

According to the data released by the Central Statistics Office, the factory output growth for April-May period decelerated to 2.3 percent from 7.3 percent in the same period last fiscal.

Automobile major Tata Motors on Saturday reported that its total sales including exports during June declined by nine percent to 40,358 units from 44,525 vehicles sold during the same month last year.

RL Sachdeva, who owns a stationery shop in New Delhi's Laxmi Nagar Market, is anxiously flipping through the pages of a local Hindi daily.

The Central Depository Services (India) Ltd (CDSL) made a remarkable stock market debut on Friday, listing at a premium of nearly 68 per cent from the issue price of Rs 149.

The benchmark Sensex on Wednesday came down by 124 points and the NSE Nifty settled below 9,500 as investors hit the sell button ahead of the expiry of June derivatives.

Prime Minister Narendra Modi's government says that by replacing several federal and state taxes, the new Goods and Services Tax (GST) will make life simpler for business

Embattled airbag maker Takata Corp on Monday filed for bankruptcy protection in Japan and said it would seek $1.588 billion in financial aid from US-based auto parts supplier Key Safety Systems (KSS).

The GST Council on Sunday relaxed return filing rules for businesses for the first two months of the rollout of the new indirect tax regime even as it stuck to the July 1 launch date.

Amazon.com Inc said on Friday it would buy grocer Whole Foods Market Inc for $13.7 billion in a move that gives the online retailer a physical network of stores to distribute fresh food and other goods to millennials and wealthy consumers.

Surpassing the government's expectations to make India USD 1-trillion digital economy by 2022, technology companies on Friday said it has potential to grow up to USD 4 trillion during the period.

Lingering impact of the note ban can lead to significantly higher credit cost, capital erosion and the resultant over-leverage for microlenders in the current financial year, warns a report.

Shares of Ipca Laboratories slumped over 8 percent on Friday after almost all drugs manufactured at its facilities at Pithampur, Silvassa and Ratlam were banned by the USFDA.

The country's second-largest software services firm, Infosys, on Friday announced the appointment of former Wipro executive Inderpreet Sawhney as its group general counsel.

All tax payers who have been allotted Permanent Account Number (PAN) should intimate their Aadhaar number to the income tax authorities for the purpose of linking both the numbers, the Central Board of Direct Taxes (CBDT) said on Saturday.

Railway Minister Suresh Prabhu on Saturday said Rs 3.75 lakh crore were invested in the Railways in the last three years.

NSE Vice Chairman Ravi Narain had put in his papers amid regulators intensifying their probe into alleged lapses in high-frequency trading offered through the exchange's 'co-location' facility.