New Delhi, In a major relief for foreign portfolio investors, the Union Government has proposed to cap the surcharge on dividend income from FPIs with a trust structure at 15 per cent.

Currently, FPIs that operate as trusts have to pay a surcharge as high as 37 per cent if their dividend income is over Rs 5 crore

New Delhi, In a bid to bring more transparency in telecom tariff advertisements, the Telecom Regulatory Authority of India (TRAI) on Friday issued fresh directions for advertisement of tariff plans by telecom operators.

In a circular, the telecom regulator said "telecom service providers shall prominently hig

New Delhi, In a scathing attack on inefficient operations of state transmission utility Power Grid Corporation of India, the official au ditor Comptroller and Auditor General (CAG) has put the blame of higher electricity tariff on PSUs inability to recover Rs 6,853.43 crore from customers for relinquishing long-term access (LTA)

Mumbai,  The Indian stock market gave up major gains on Friday morning with the BSE Sensex trading just 65 points higher.

During the initial trade it surged as much as 220 points to touch an intra-day high of 39,200.42 points.

A mixed trend in the Asian markets reflected on the Indian indices.<

New Delhi, Undeterred by Covid-19's economic impact, QSR major Pizza Hut India will continue to focus on expanding its presence, especially in the Tier-I cities.

In a conversation with IANS, Pizza Hut India MD Merrill Pereyra elaborated that despite the Covid-19 pandemic's impact, the brand will move forwa