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Govt's sops for auto sector: Hero reiterates demand of cutting GST

Hero's stance brings to fore the difference between them and rival Bajaj Auto which wants a GST cut closer to BSVI norms kicking in

Andhra hosts delegation of brands, sourcing firms affiliated to Amcham

The event saw opening remarks by Bhavna Saxena, special commissioner, Andhra Pradesh Economic Development Board

Equitas considering two routes to get its SFB listed by March 2020

RBI last week refused to extend the listing deadline for ESFB and barred it from opening new branches till further orders

Indian Bank adopts repo rate as external benchmark for asset products

Under the new regime, home loans can be had at 8.2% a year, while four-wheeler loans will carry 8.85%, which the lender says is the lowest in the market

Microsoft and IIT Roorkee to introduce full semester in quantum computing

IIT Roorkee will be the first IIT to introduce such a course in quantum computing

Lakshmi Vilas Bank MD & CEO Parthasarathi Mukherjee announces resignation

Mukherjee quit citing personal reasons, the bank informed the bourses late in the evening

Irdai to revisit motor third party obligation regulations for insurers

The regulator has constituted a working committee for reviewing the current motor third party obligation regulations for insurers

Macquarie targets $675-mn bet on green, tech assets to ramp up investment

The fund's anchor investors are Belgian private investment firm Verlinvest SA, a New York headquartered single-family office, a global fund of funds and a Middle East single-family office

Punjab Renewable Energy raises private equity investment from Shell

With this follow-on investment by Shell, the company's Series-B round stands fully subscribed and closed with an investment of Rs 55 crore

Most of the slowdown is automobile industry's own making: Rajiv Bajaj

Bajaj, however, acknowledged that it is a difficult time for the sector and said that the government should not make it worse by raising registration fees

Domestic air passenger traffic growth hits a five-year low: DGCA report

Air traffic grew in single digits for first time in four years in January

Government to launch an e-commerce portal to help SMEs: Nitin Gadkari

The minister said MSME sector is likely to contribute 50 per cent to the total GDP in the next five years

Centre accepts NTPC's request for surrendering Kudanali-Luburi coal mine

The company in a public statement said the Union government has accepted the request of surrendering the mine

Oberoi Realty, Capacite Infra stocks fall on Income Tax search buzz

The stock has fallen 5.84 per cent since Tuesday

Food-tech start-up HungerBox raises Rs 16-crore funding from Paytm parent

The firm is raising Rs 57.99 crore for a series C funding round, of which Rs 15.99 crore in funds have come from One97

ICAI stresses on need for simple laws for citizens and business class

Calls for adoption of friendlier tax and corporate legislation ahead of its national summit

Miko raises $7.5 million in Series-A funding from Chiratae Ventures

The company will use the funds for market expansion overseas

Consumption of news online is steadily growing, reveals IRS data

In comparison, Hindi and regional dailies have fallen in terms of their average issue readership

CESC's net profit rises 7.44% to Rs Rs 231 cr in Q1, revenue up 8%

The net profit stood at Rs 215 crore in the corresponding quarter of the last fiscal