Home » Business

Business - Page 218

Discontinuation of magnetic stripe cards and mass closure of zero balance accounts saw 154 million debit cards going out of use at the end of September quarter.

154 mn debit cards out of use as magnetic strips, zero balance go

There were about 836 million debit cards and about 53 million credit cards in circulation at the end of September...

3 Dec 2019 1:47 AM IST

The increased salary and pension for retired judges will be effective from January 1, 2016.

Salary growth to crawl in 2020

Among the high growth countries, Egypt's salaries are expected to increase by 13.5 per cent and a 6.6 per cent real-wage...

3 Dec 2019 1:43 AM IST

Finance minister Nirmala Sitharaman

PSBs told to outline insurance JVs' future

UBI has to cut stake in one of the 2 JVsStar Union Daiichi and IndiaFirst.

3 Dec 2019 1:41 AM IST

The BSE said it has deactivated trading terminals of Karvy in equity and debt segment and put them in the risk reduction mode in equity derivatives, currency derivatives and commodity segment.

Karvy's trading licence suspended

NSDL has transferred securities worth Rs 2,013.77 crore into the accounts of 83,806 clients who have paid full amount...

3 Dec 2019 1:37 AM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

Gross direct tax collection rises by 5 per cent till Nov: Sitharaman

The main objective of the reduction in corporate tax was aimed at attracting fresh investment in the manufacturing...

2 Dec 2019 7:21 PM IST

Nirmala Sitharaman said the governments efforts last time were thwarted by the poor numbers in the Upper House. (Photo: File)

Spreading one's own impression can hurt national interest: FM on...

Her remarks drew varied responses with the opposition Congress seizing on it to criticise the government.

2 Dec 2019 6:43 PM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Telcos garner Rs 54,218 cr gross revenue in July-Sept

The government levies 8 per cent as licence fee and SUC in the range of 3-5 per cent of AGR based on spectrum holding of...

2 Dec 2019 6:30 PM IST

The Supreme Court, on November 6, directed completion of corporate insolvency resolution process within 90 days for Jaypee Infratech.

Jaypee Infra case: Suraksha may offer more cash, land to lenders

As many as 13 banks and over 23,000 homebuyers have voting rights in the CoC.

2 Dec 2019 6:07 PM IST

Mortgage lender Dewan Housing Finance Ltd (DHFL) on Tuesday said that it has cleared interest of Rs 961 crore due on non-convertible debentures (NCDs) and would be seeking a rating upgrade from agencies.

DHFL shares fall nearly 5 pc as RBI starts resolution process

Over 17 lakh shares of DHFL were traded on the NSE, while the BSE saw an exchange of 4.51 lakh shares.

2 Dec 2019 4:37 PM IST

Top losers in the Sensex pack included Yes Bank, SBI and IndusInd Bank, that cracked up to 5.76 per cent.

Sensex, Nifty end mixed; telecom stocks shine

The 30-share BSE gauge closed marginally higher by 8.36 points or 0.02 per cent at 40,802.17.

2 Dec 2019 4:36 PM IST

During the financial year 2017-18 and 2018-19, RoCs had removed/struck off 3,38,963 companies. (Representational image)

The Corporate Affairs Ministry has removed the names of these...

The Corporate Affairs Ministry has removed the names of these companies for their failure to file annual returns.

2 Dec 2019 4:08 PM IST

IRL is a concept designed by Walmarts tech incubator Store No. 8, which runs several ventures to test new ideas in retail.

Walmart launches credit card for members of wholesale B2B Cash

The card was launched at 26 other Best Price Modern Wholesale Store locations across the country.

2 Dec 2019 3:40 PM IST