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IndiGo, SpiceJet to shift Delhi operations to T3 from T2
Business

IndiGo, SpiceJet to shift Delhi operations to T3 from T2

Low-cost carriers SpiceJet and IndiGo would shift their operations to the Indira Gandhi International Airport's T3 from T2 from September 5.

Balesh Sharma quits as Vodafone Idea CEO, Ravinder Takkar new chief
Business

Balesh Sharma quits as Vodafone Idea CEO, Ravinder Takkar new chief

In what is seen as a major casualty of the ongoing stress in the telecom sector, Vodafone Idea CEO Balesh Sharma has resigned with immediate effect.

Markets end flat with no stimulus package in sight
Business

Markets end flat with no stimulus package in sight

The Sensex and Nifty on Monday gained in early trade on optimism over reports that the government will soon announce a stimulus package to revive growth in the economy. However, with no such announcement made till close, the markets finished with little gains.

US tech firms could influence Washington's Huawei decision
Business

US tech firms could influence Washington's Huawei decision

Whether the US decides to extend the temporary reprieve that it granted to Huawei, allowing it to do business in the US, may depend a lot on what the American tech firms have to say on the issue, according to research firm International Data Corporation (IDC).

Northeast: New digital system hits India-Bangladesh trade
Business

Northeast: New digital system hits India-Bangladesh trade

Due to introduction of a new online trade management system Electronic Data Interchange (EDI) - the India-Bangladesh trade through Tripura has been hugely affected for the past two weeks, traders and officials said on Monday.

Amid slowdown, RBI Governor hints at softer approach on rates
Business

Amid slowdown, RBI Governor hints at softer approach on rates

Indicating a softer approach on rate cuts in the wake of economic slowdown, RBI Governor Shaktikanta Das on Monday said growth is the top priority at a time when the Indian banking system is facing many challenges.

Airtel appoints Rajesh Tapadia as Nxtra Data CEO
Business

Airtel appoints Rajesh Tapadia as Nxtra Data CEO

Telecom major Bharti Airtel on Monday said it has appointed Rajesh Tapadia as Chief Executive Officer (CEO) of its data centre and Cloud business subsidiary, Nxtra Data.

Experts' hope high from direct tax code
Business

Experts' hope high from direct tax code

With the direct tax code (DTC) being in the works for years and report of the task force expected anytime now, tax experts hope the new draft law would ease compliance burden and reduce future litigations by incorporating orders of various high courts and the Supreme Court while settling the cases.

Paytm promotes CFO Madhur Deora as President
Business

Paytm promotes CFO Madhur Deora as President

Gearing up for the next phase of growth in consumer Internet and financial services, digital payments player Paytm on Monday announced the promotion of its Chief Financial Officer Madhur Deora as the company's President.

Trump defends China policy, says US economy is world's best
Business

Trump defends China policy, says US economy is world's best

President Donald Trump on Sunday defended his strategy versus China, on whose goods Washington has imposed heavy tariffs as the two nations are engaged in high-stakes trade talks, and he called the US economy "the best in the world."

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