The commerce ministry is working on a new World Trade Organisation (WTO)-compliant export incentive scheme for merchandise shipments to replace the existing MEIS, an official said.

IndiGo launches Bengaluru-Hong Kong flights from Dec Oct 17 2018

Budget carrier IndiGo Wednesday announced the launch of its services to Hong Kong form Bengaluru, starting December.

India Inc's job creation moderates to 3.8% in FY18: Care Oct 17 2018

In what can be seen as confirming fears of a jobless growth in the country, Care Ratings said employment growth in corporate India moderated to 3.8 percent in FY18, from 4.2 percent in FY17, with jobs in smaller companies being hit the hardest.

Mindtree posts 65 per cent rise in Q2 profit at Rs 206 cr Oct 17 2018

Mid-sized IT firm Mindtree Wednesday posted 65.4 per cent rise in consolidated net profit at Rs 206.3 crore for the quarter ended September 30.

NIIT Tech Q2 net profit jumps 66 per cent to Rs 111.8 cr Oct 17 2018

NIIT Technologies Wednesday reported 66.3 per cent jump in net profit to Rs 111.8 crore for the quarter ended September 30, 2018, driven by strong demand across sectors like BFSI and travel and transportation.

Havells India Q2 net profit up 4 per cent at Rs 179 cr Oct 17 2018

Consumer electrical goods maker Havells India Wednesday reported 4.44 per cent rise in standalone net profit to Rs 1.78 billion for the second quarter ended September 30, 2018.

Hershey's launches iconic brand Kisses in India Oct 17 2018

Nearly 10 years after it entered the country, chocolate and confectionery firm Hershey launched its iconic Hershey's Kisses brand in three variants.

ICICI Bank to loan customers entire on-road value of car Oct 17 2018

ICICI Bank said it will loan savings account customers, the entire 'on road' value of a car, including taxes, levies and duties, for its savings account customers up to a maximum of Rs 20 lakh.

Cyient sees profit after tax at 14 per cent Oct 17 2018

City-based Cyient Limited, into engineering design service, manufacturing, network and operations focusing on aerospace, rail, oil and gas, and communications Wednesday said its profit after tax (PAT) for the quarter ended September 30 was up by 14 per cent.