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State Bank of India

Arijit Basu takes charge as Managing Director of SBI

During his tenure, the company successfully listed on the Stock Exchanges in October, 2017.

2 July 2018 3:50 PM IST

Bharti Infratel Q4 net profit rises 2 pc to Rs 606 cr Mobile tower firm Bharti Infratel today posted a 2 per cent rise in consolidated net profit at Rs 606 crore for the fourth quarter ended March 2018.

Bharti Infratel receives CCI nod for merger with Indus Towers

Bharti Airtel, Idea Cellular and Vodafone Group had announced an agreement for merger.

2 July 2018 2:30 PM IST

Vodafone on Friday launched its SuperWeek plan that offers unlimited calling and 500 MB data at about Rs 69 with 7 days of validity. (Photo: PTI)

Vodafone gears up to challenge fresh spectrum fee demand

The merger of the second and the third largest operators in India will create a new market leader.

2 July 2018 1:29 PM IST

Subrata Roy, former administrator of Sahara Life Insurance Company.

Sahara confident of getting out of financial constraints by FY19

The group said it is confident that the money in Sebi-Sahara account will come back to it after verification of...

2 July 2018 12:17 PM IST

President Ram Nath Kovind (Photo: PTI)

India set to be USD 5 trillion economy by 2025, says President Kovind

The Institute of Chartered Accountants of India (ICAI) has more than 2.80 lakh members.

2 July 2018 11:41 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India doubles gratuity ceiling amount of employees

Around 6500 employees of the airline stand to benefit from this new announcement.

2 July 2018 11:32 AM IST

Union finance ministry Arun Jaitley

18 pc increase in direct tax collections after GST, says Jaitley

This year the first quarter shows advanced payments, the gross figure has increased by 44 per cent.

2 July 2018 11:25 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex falls 159 points in early trade

The 30-share index dropped 158.93 points or 0.44 per cent to 35,264.55.

2 July 2018 10:45 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GST collection hits Rs 95,610 crore in June

The total number of GSTR 3B returns filed for the month of May upto June 2018 is 64.69 lakhs.

2 July 2018 12:32 AM IST

Finance minister Piyush Goyal and chairman of Central Board of Indirect Taxes and Customs S. Ramesh arrive at the GST Day celebration on completing one year at Ambedkar International Centre in New Delhi. (Photo: PTI)

GST collection to touch Rs 13 lakh crore in current fiscal, says...

Mr Goyal said that historically the three month from April to June are lean periods of tax collection.

2 July 2018 12:29 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Higher tax mop up due to reforms

Statistics available in the public domain suggest that the tax-payer base has widened by 26 per cent in FY 18 compared...

2 July 2018 12:25 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Sriram takes charge as MD and CEO of IDBI Bank

Sriram was appointed MD and CEO in place of Mahesh Kumar Jain who recently took charge as deputy governor of RBI.

30 Jun 2018 6:54 PM IST