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Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.Business
NSE asks brokers to have in place insurance cover for FY18

As per market regulator Sebi norms, it is mandatory for every stock broker to have an insurance cover.

24 May 2017 6:14 PM IST

No private airline flies to the city. Shortly after this government took over, a buffalo walked into the Surat airport and an airplane crashed into it, damaging its jet engine. (Representational image)Business
GST impact on air travel to be marginal: ICRA

GST on business class air travel has been announced to be 12 pc, which is 3 pc more than the existing service tax rate.

24 May 2017 5:40 PM IST

Nokia is set to make its big comeback to the smartphone industry in 2017.Business
Nokia keen to participate in Telangana Fibre-grid project

A delegation led by IT Minister K T Rama Rao interacted with top leadership of major global corporations.

24 May 2017 5:32 PM IST

The Electronic Communications Privacy Act compels companies to divulge data stored in \third-party computers,\ such as Microsofts Cloud, and keep the move secret. (Photo: AP)Business
EasemyGST, Microsoft in pact to help SMEs get GST compliant

Any business subscribing to the EasemyGST solutions will just have to maintain a spreadsheet of their purchases and...

24 May 2017 5:07 PM IST

Representational image.Business
GST Council may review steep levy on hybrid cars

Incidence of GST on mid and large-sized hybrid cars has been kept at same level as passenger cars.

24 May 2017 4:56 PM IST

State Bank of IndiaBusiness
SBI extends date of filing nomination for directors to May 29

The reason for extension was not given in the notice.

24 May 2017 4:39 PM IST

IPO is an instrument to raise money at markets.Business
Financial sector readies for over Rs 20K-cr IPO rush

UTI Mutual Fund and SBI Life expected to launch their IPOs in coming months.

24 May 2017 4:39 PM IST

The GST law provides for as many as 21 kinds of penalties for various offences.Business
GST execution from July 1 a challenge for industry: Assocham

GST will provide a huge fillip to the industry in the medium to long term as the tax compliance.

24 May 2017 4:36 PM IST

French economist Guy SormanBusiness
Sorman calls demonetisation a 'successful political coup'

Prime Minister Narendra Modi on November 8 last year had announced demonetisation of Rs 1,000 and Rs 500 notes.

24 May 2017 4:20 PM IST

Representational ImageBusiness
HCL Technologies to buyback shares at Rs 1,000 apiece

The company will pay 17 per cent premium over current trading price.

24 May 2017 4:03 PM IST

Prime Minister Narendra ModiBusiness
3 yrs of Modi govt: Digital economy to cross $1-trn mark

IT Minister Ravi Shankar Prasad says main focus would be on services and offerings in digital space.

24 May 2017 3:56 PM IST

Regarding the new GST timeline of July 1, the report said \this is in line with our base case that the GST would be implemented between April and September 2017\.Business
GST to add 40 bps to growth rate; won't stoke inflation: HSBC

New GST regime is expected to make the Reserve Bank of India more relaxed about lingering inflation fears.

24 May 2017 3:36 PM IST

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