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Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

IPO financing market to see healthy investment

The interest cost on the IPO financing availed is a fixed expense for the investor.

7 July 2017 1:16 AM IST

Reserve Bank Governor Urjit Patel

Banks won't bear loss due to negligence: RBI

Unauthorised transaction must be notified within 3 days.

7 July 2017 12:55 AM IST

The railways plans to win back the customers it has lost to economic air travel. (Photo: Shripad Naik)

Railways to offer options on senior citizen fare concession

Railways is exploring ways to reduce the Rs 1,300 crore subsidy burden in the senior citizen category.

6 July 2017 8:17 PM IST

Inputs on MRP and enforcement of weights and measures under the Legal Metrology Act will help resolve common issues and also frame new policies

Govt starts new online community on MRP on Local Circles

MRP information mandatory for products sold on e-Commerce sites, making MRP mandatory on all medical devices.

6 July 2017 8:15 PM IST

IndiGo aircraft crossed the runway, and entered another taxiway where a Jet Airways plane was stationed.

IndiGo plans low-cost long haul international flights

IndiGo is the largest domestic airline with a market share of over 40 per cent.

6 July 2017 7:59 PM IST

Tax payers will also need to quote their Aadhaar number while filing their returns as per the recently passed amendments in the Finance Bill.

Net income tax collection rises 14.8 per cent in Q1

Growth in corporate advance tax is at 8.1 per cent and that in personal advance tax is at 40.3 per cent.

6 July 2017 7:24 PM IST

Food prices witnessed a sharp rise by 2.69 per cent in February as compared to a deceleration by 0.56 per cent

Food processing ministry sets up GST facilitation cell

GST cell will be equipped with the complete knowledge of the relevant GST Act, rules, rate structure, etc.

6 July 2017 7:07 PM IST

Congress party leader P Chidambaram during an event. (Photo: PTI)

Modi govt's GST a mockery, 'very, very imperfect': Chidambaram

The Congress will press for reduction in tax rates and demand a cap of 18 per cent.

6 July 2017 6:36 PM IST

Telecom minister Manoj Sinha

New Telecom Policy in works; public consultation soon: Sinha

Telecom Ministry has issued technology neutral telecom licences under the NTP 2012 which was delinked from spectrum.

6 July 2017 6:19 PM IST

Even the court told Vodafone that it can either say that TRAI took no action, in which case the regulator can be asked to take a decision.

Vodafone offers 50-min free talktime for flood-hit NE

Company says around 15,000 people have been covered under the scheme so far.

6 July 2017 6:12 PM IST

Nissan said it plans to bring the device to other countries eventually and install it in 30 per cent of the 40 million Nissan vehicles that are on the roads at present.

Nissan cuts vehicle prices by up to 3 per cent

Implementation of the GST is a positive move for both automobile manufacturers and customers.

6 July 2017 6:07 PM IST

Sensex opened higher at 26,756.66.

Sensex ends at new record on earnings hopes

BSE 30-share index hit 31,460.70 intra-day, before closing at an all-time high of 31,369.34.

6 July 2017 5:50 PM IST