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The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

These are SBI's revised IMPS transfer charges

Largest public sector lender has waived funds transfer charges for an IMPS of Rs 1,000.

15 July 2017 11:26 AM IST

Wipro Chief Azim Premji.

Wipro board to consider share buyback on July 20

Share buybacks typically improve earnings per share and return surplus cash to shareholders.

15 July 2017 11:23 AM IST

Income Tax department

Taxmen identify 5.56 lakh mismatch in deposits

The taxpayer will be able to submit online explanation without any need to visit income tax office.

15 July 2017 3:30 AM IST

Liquor baron Vijay Mallya, wanted by Indian security agencies in multi-million loan default case, has been arrested in London by Scotland Yard on Tuesday. (Photo: AP)

Supreme Court defers hearing on Vijay Mallya

The Banks had alleged that Mr Mallya had failed to disclose his assets as directed by the court.

15 July 2017 3:26 AM IST

Infosys CEO Vishal Sikka on Friday arrived at the Infosys campus in Bengaluru in a driverless cart that was built indigenously at the companys facility in Mysuru. Infosys, in association with IIT, Delhi, developed the tech used to drive the cart.

Automation hits headcount

Infosys released 3,600 people during the quarter: Vishal Sikka.

15 July 2017 3:23 AM IST

MSME Minister Kalraj Mishra. (Photo: PTI)

MSME Minister for exempting khadi products from GST

Different khadi and village industries products attract GST of 5-12 per cent.

14 July 2017 7:22 PM IST

System reduces diesel consumption and the carbon signature of these commuter trains by reducing CO2 generation by 9 tonnes per coach per year.

Railways launches first DEMU train with solar-powered coaches

Twenty-four more coaches will be fitted with this system within six months.

14 July 2017 7:15 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

Taxpayers have to opt for GST composition scheme by July 21

Under composition scheme, traders, manufacturers and restaurants can pay tax at 1 per cent, 2 per cent and 5 per cent.

14 July 2017 6:38 PM IST

Indias forex reserves have shot up considerably.

Forex kitty dips USD 161.9 mn to USD 386.377 bn

Country's reserve position with the IMF too dipped by USD 3 million to USD 2.319 billion.

14 July 2017 6:19 PM IST

The focus is also on non-cash deposits in various bank accounts by way of RTGS and other means.

Operation Clean Money: 5.56 lakh 'tax evaders' identified

The drive started by I-T department aims to detect black money generation post demonetisation.

14 July 2017 5:52 PM IST

The Sensex resumed higher at 26,756.66 and firmed up to 26,769.32 on initial buying.

Markets pause record run, earnings cast a shadow

Sensex and Nifty rose significantly by 660.12 points, or 2.10 per cent, and 220.55 points, or 2.28 per cent.

14 July 2017 4:50 PM IST

Chief Financial Officer MD Ranganath (Image credit: Infosys.com)

Infosys to relocate CFO Ranganath to its largest market, US

Ranganath's salary will comprise a fixed pay of $0.69 million and a variable compensation of up to $0.56 million.

14 July 2017 4:42 PM IST