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Sebi asks Satyam promoters to disgorge Rs 1,800 cr

The regulator has asked the promoters to pay simple interest of 12% per annum

HDFC Life launches online unit-linked pension plan

The ULP helps individuals to plan retirement by starting to invest as early as 18

Apple to stick to iPhone India mid-October launch schedule

This time, Apple will be more aggressive in India and has already signed over 100 partners for its Authorised Mobility Resellers programme

E-filing of tax return rises 26%

Nearly 20.6 million returns have been filed against 16.3 million in the previous year

Virat Kohli starts tennis innings as UAE Royals co-owner in IPTL

Says he made a firm decision to invest with Roger Federer joining the UAE Royals

Myntra loses two top executives

COO Subramanian, HR head Gupta exit ahead of festival season

CL Educate acquires 51% stake in EdTech start-up Accendere

Accendere's core business is to enable universities and colleges to improve on their academic standings

Reliance Energy launches full service mobile app

The app offers wide range of customised services and information to customers

Kalaari adds investors, partners to team

Bala Srinivasa, Former Senior MD at Copal Amba, joins the company as Partner

Despite Maggi crisis, Nestle moves up in ranking: WPP

Nod to spectrum trading may spur consolidation

It will improve quality of services, in the wake of a rise in call drops

Tax exemptions for India Inc to be phased out, says FM

Consolidation of weaker PSBs with strong ones; Anti-dumping duty on steel may be considered; FTAs not to be signed 'indiscriminately'

Centre clears 6% DA hike for employees, pensioners

The decision will benefit about 5 million government employees and 5.6 million pensioners

Politics threatens GST schedule

Indirect tax collections surge 36.5% in Apr-Aug

Rise shows recovery in economy clearly on, says CEA; outpacing Budget target for growth till now

Need to do something like Accenture or Cognizant, says Vishal Sikka

The IT giant is looking for acquisitions but for innovative reasons instead of revenue priorities, said its CEO & MD

Xiaomi to replicate its just-in-time model in India

This would enable the retailers to order products on daily basis and hence cut down on the inventory cos

Amazon sets up 7 new warehouses in India

Amazon now has 20 warehouses across 10 Indian states, with a storage capacity of nearly four million cubic feet, reports Tech in Asia

Ikea's first India outlet not before 2017

Firm recently announced first land deal for Hyderabad, plans 25 stores across country in 10 years

H&M to open first India store Oct 2, marks entry into 60th market

A second store will also open by year-end in Delhi; group to open up to 30 stores in India next year