Domestic car sales decline 2.55% in October
NEW DELHI: Domestic passenger car sales declined 2.55 per cent to 1,59,036 units in October from 1,63,199 units in the year-ago month. Motorcycle sales last month also declined 8.73 per cent to 10,08,761 units from 11,05,269 units a year earlier, according to data released by the Society of Indian... read more »
Jayant Sinha Takes Charge as Minister of State in Finance Ministry
Indian Institute of Technology (IIT-Delhi) and Harvard Business School alumnus Jayant Sinha today took charge as Minister of State in the Finance Ministry. Mr Sinha was briefed by senior officials in the Ministry soon after taking charge. He assumes office at a time when the ministry is preparing... read more »
J&J buys electrolyte drink Orsl for Rs 750cr
BANGALORE: Johnson & Johnson (J&J) has acquired Orsl, an energy drink brand, for Rs 750 crore from city-based Jagdale Industries. Orsl, which has a few variants, is a fruit-based electrolyte drink, recommended by healthcare practitioners for illnesses related to digestion, pain, fever,... read more »
Don’t harrass taxpayers, I-T officials told
NEW DELHI: The Central Board of Direct Taxes on Friday issued 12 commandments to its field offices, asking them to stick to appointments, address grievances and avoid unnecessary harassment of taxpayers. In an effort to usher in a customer-friendly regime, officers have been asked to observe... read more »