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Business news daily-06/04/2019

• Indian oil resumes fuel supply to Jet Airlines within hours: Indian oil, which stopped fuel supply to Jet Airlines across India due to non-payment of bills, resumed the supply within hours on friday. • Tata Steels India output rose after Bhushan Steel purchase: Tata Steel’s India steel output rose to a record in 2018-19 following the company’s acquisition of Bhushan Steel last year. The production rose 35% to 16.79 million tons as Bhushan Steel added 4.16% million tons to output. It was higher than JSW Steel, which was India’s biggest Steel maker in 2017-18. • Amit Shah owns shares in 200 listed companies worth Rs17 crore :         BJP president Amit Shah owns shares worth Rs17.5 crore in around 200 listed companies according to his nomination papers for the Gandhinagar loksabha seat. He owns shares worth Rs 2.08 crore in Reliance industries, his biggest holding, other key investments include TCS, Ultratech cement and Procter and Gam...
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Business news daily -5/04/2019

• India is a “TARIF KING” :  TRUMP                  US president Donald Trump has  alleged “India is one of the highest taxing nations in the world” as he certified the country for improving 100% tariffs on some American products .Such high tariffs is not fair,he said. • Supreme court to ex-Ranbaxy promotes : will send you to jail                  The Supreme court has warned former Ranbaxy promotes  Malvinder  Singh and Shivinder Singh over non-payment of Rs.2562 crores to Daiichi(Japanese Pharma  crucial frim).We will send you to jail for not paying the dues,the court said. • Bezos  keeps voting power of entire $143billion Amazon stake post divorce Amazon.com Inc  CEO Jeff  Bezos will retain voting control of his entire $143billion stake in the company under a devorce settlement with Mackenzie Bezos,who will own 25% of those shares . Mack...

What is business?

Business  is the activity of making one's living or making money by producing or buying and selling products (such as goods and services),in general it is said as being busy.        it is "any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors." Forms:        Forms of business ownership vary by jurisdiction , but several common entities exist: * Sole proprietorship * Partnership * Corporation * Cooperative * Franchises * Company (Disclaimer:All the information is gathered from various sources and presented here for readers convenience with some changes)