JLR cuts prices of two models by up to Rs 4.08 lakh in India

The company has cut the price of diesel-powered Land Rover Discovery Sport by Rs 4.08 lakh to Rs 43.8 lakh from the earlier price of Rs 47.88 lakh (ex-showroom Delhi). Read more »

High Court seeks government’s reply on plea seeking capping of airfares

The counsel for the central government submitted before the court that airfares was beyond the control of the aviation regulator Directorate General of Civil Aviation. Read more »

JSW Steel plans to increase capacity to 45 mt by 2030

The national steel policy envisages to increase installed capacity to 300 mt by 2030 from the current 128 mt. Read more »

Only 30% of recalled diesel vehicles rectified so far: Volkswagen

The company's headquarter has so far given approval for engine updates that cover almost 70 per cent of the vehicles which have been recalled in India. Read more »

World cranberry leader Ocean Spray eyes Indian market

An egg-shaped dark red fruit native to North America, cranberry is a natural remedy or antibiotic for urinary tract infections and stomach ulcers. Read more »

Beating the blues the IIT Kharagpur way

On an average, counsellors at the premier institute handle 3,000 appointments every year by students who come with varied problems. Read more »

Ikea to double local sourcing by 2020,open store in Navi Mumbai

We currently source products worth 318 million euro from India and will almost double this by 2020, Henrik Gunnerling, purchase development manager, Ikea range and supply, said. Read more »

Financial institutions feeling fintech heat, says PwC study

According to PwC's Global FinTech Report, 67% believe their business is at risk from fintech firms and 95% of incumbents seek to explore fintech partnerships to boost innovations. Read more »

Overbooking flights: Government pushes for transparent mechanism

Overbooking of a flight has been a long-standing practice in the airline industry as seats are considered as a "time sensitive and perishable" product once the flight takes off. Read more »

Income tax department to challenge ITAT relief to Cairn Energy in HC

The I-T department is also seeking up to 300 per cent of the principal as penalty for non-payment. Read more »