PTI

Future Consumer Ltd, part of Kishore Biyani-led Future Group, Wednesday posted a consolidated profit of Rs 7.53 crore for the quarter ended March 2019. The company had posted a loss of Rs 4.05 crore in the corresponding quarter a year...

Internet and mobile industry body IAMAI representing giants like Google, Flipkart, Facebook, and Airtel Money on Monday slammed proposed Goods and Services Tax Bill saying it fails to recognise the digital economy and push back regulatory progress by decades. "The new GST Bill springs an unpleasant...

Delhi State Consumer Commission has imposed a penalty of Rs 27 lakh on Hindustan Unilever Ltd for playing a fraud on its customers by floating misleading and fraudulent advertisement on its product 'Surf Excel'. A bench of Delhi State Consumer...

CBDT has issued a new circular clarifying that the Tax Collected at Source (TCS) levy will not be applicable when cash part of the payment for certain goods or services is less than Rs 2 lakh, even when the...

Tata group's e-commerce venture TataCLiQ.com has partnered with 12 international brands, including New Look, Oasis, Lipsy London, Phase Eight, Hawes & Curtis, to sell on its platform. These brands will offer exclusive range of products that will be made available...

Asian Paints Ltd is investing around Rs 4,000 crore on setting up two manufacturing plants in Karnataka and Andhra Pradesh, although it has cautioned that demand conditions in the current fiscal "still remain uncertain" on account of the global...

The government today notified changes in the foreign direct investment (FDI) policy in sectors including pharmaceuticals, defence and single-brand retail. These decisions were announced earlier in the week with a view to make India more investor friendly and an attractive...

Union Minister Bandaru Dattatreya asked Telangana government to submit new proposals to strengthen textile and handloom industry in the state. "The Centre has earmarked Rs 6,000 crore as a special package for textile and garment sector to take it on...

Textile machinery manufacturers' body India ITME Society does not see any immediate threat from Brexit, its Chairman Sanjiv Lathia has said. "England is not a big buyer of textile machinery. Textile manufacturing moved away from England long ago to China....

Luminous Water Technologies, which sells water purifiers under the Livpure brand, is looking at doubling revenue to Rs 300 crore this fiscal on the back of its robust service network and distribution presence. "We are looking at doubling our turnover...