Business

Snapdeal to End Contract With Brand Ambassador Aamir Khan: Report

Snapdeal will reportedly be ending its association with brand ambassador Aamir Khan, with his contract signed March 2015 set to expire soon. According to a recent news report, which cites unnamed sources, the company decided not to renew the contract as it is looking to reduce its advertising spend and focus on its products instead. Speaking to NDTV, the actor’s ... Read More »

Raghuram Rajan Says MNCs Too Are Responsible for Tax Rows

Mumbai: Blaming multinational corporations squarely for tax controversies, Reserve Bank of India Governor Raghuram Rajan on Thursday said their indulgence in avoidance and evasion results in prolonged legal battles. Addressing the issue of tax havens, Rajan wondered aloud as to what makes a bulk of intellectual property reside in Cayman Islands, quipping that no one has seen scientists in so ... Read More »

Tata Steel Edges Higher Despite Big Q3 Loss

Tata Steel took a one-time charge of Rs 711 crore on its European operations Tata Steel shares recovered, after falling 4 per cent on Friday, on hopes that the government would take steps to curb cheap imports in a bid to protect domestic steel manufacturers. Mumbai-headquartered Tata Steel had posted a net loss of Rs 2,127 crore in the December ... Read More »