Business

More than seven out of 10 US companies in China (74.9 per cent) are being adversely affected by the ongoing trade war between China and the US, according to a survey released on Wednesday by the American Chamber of Commerce in China. "The negative impact of tariffs is clear and hurting the competitiveness of...

The Adani Group is set to withdraw all defamation suits filed against news portal thewire.in and its editors in an Ahmedabad court for articles against its companies, highly placed sources said on Wednesday. Adani Power Maharashtra Limited had filed two suits against the web portal, ...

Some taxation proposals for industry that could not be taken up in the February interim budget, including extension of 25 per cent corporate tax to companies above the current threshold of Rs 250 crore, may find way into the full Budget 2019-20 to fight the persisting economic slowdown, Finance...

Shadow banking assets as a percentage of total financial assets within the country were at 14.3 per cent, in line with the global percentage of 13.7 per cent, a Fitch reports said on Wednesday. The figures assume significance as Indian shadow banking's rapid growth and ...

The Enforcement Directorate (ED) on Wednesday carried out searches at the homes and offices of four former directors of the crisis-struck infrastructure lending major IL&FS in Mumbai over connection with an alleged money-laundering case. The agency is carrying out searches at the premises of Rajesh Kotian, Shehzad ...

Train services in the Sealdah-Naihati division of Eastern Railway (ER) were disrupted for about three hours ( 8.43 a.m. to 12:04 p.m.) on Tuesday as residents squatted on tracks near Kankinara station, protesting against clashes in the North 24 Parganas district, an official said....

After Facebook that is battling several data breaches, its photo-sharing service Instagram saw itself in trouble after personal data of millions of celebrities and influencers were allegedly exposed on its platform in a massive database that was traced to Mumbai-based social media marketing firm Chtrbox....

Ren Zhengfei, founder and CEO of Chinese tech giant Huawei, on Tuesday denied that restrictions imposed by the US on its products and supplies will affect the roll-out of 5G technology. In an interview with Chinese state media, Ren said that the decision by some ...