Economy

San Francisco:  Ride-hailing platform Uber is closing down its loyalty programme, Uber Rewards, with users being urged to sign up for the Uber One subscription to get regular Uber and Uber Eats discounts. Launched in 2018, Uber Rewards…
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Mumbai: The Competition Commission of India (CCI) has approved the proposal of merger of HDFC Bank and HDFC Ltd. "Commission approves proposed combination involving amalgamation of HDFC Limited, HDFC Bank, HDFC Investments and HDFC…
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New Delhi:  ITC Limited, the multi-business conglomerate with significant presence across all three sectors of the Indian economy -- agriculture, manufacturing and services, has launched a series of integrated multidimensional initiatives…
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San Francisco: As Big Tech companies begin to lay off employees in the global economic downturn, Google executives have reportedly warned workers to either boost performance or prepare to leave as "there will be blood on the streets" if…
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San Francisco: Apple and Meta (formerly Facebook), at the loggerheads over privacy changes in iOS and App Store, once planned to "build businesses together" where Apple was in discussions with Mark Zuckerberg-run social network about how…
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Seoul: Chipmaker SK hynix is aiming to select a site for a semiconductor packaging plant in the US as early as in the first half of next year. Reports earlier surfaced that the world's second-largest memory chip maker aims to invest…
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Mumbai:  Corporate tax collections in the first four months of the current financial year have risen 34 per cent year-on-year, the Income Tax Department said in a tweet on Friday. "During 2021-22 fiscal, corporate tax collections stood…
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New Delhi: The boom in tax collections continue. On the back of solid GST numbers, the corporate tax collections in FY 2022-23 till July 31 registered a robust growth of 34 per cent over the corresponding period of FY 2021-22. The…
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Mumbai: The Reserve Bank of India (RBI) on Friday has said companies need to ensure that their recovery agents do not resort to harassment of any person while collecting debts. The timing for call for recovery has been set between 8 a.m.…
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Chennai:  The Life Insurance Corporation of India (LIC) on Friday said that it closed the first quarter of FY23 with a net profit of Rs 682.88 crore. According to LIC, it closed the three months period ending June 30, with a net profit…
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