Top
Home ยป Business

Business - Page 369

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.Business
FPI surcharge removal, stimulus measures likely to boost markets:...

FM Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the...

25 Aug 2019 12:38 PM IST

The move comes after opening up of crucial sectors like civil aviation, construction and single brand retail by the Modi Cabinet on Wednesday. (Representational Image)Business
Govt to look at proposal to relax local sourcing norms for FDI in...

FM Nirmala Sitharaman in her Budget speech had said that local sourcing norms will be eased for FDI in single brand...

25 Aug 2019 12:32 PM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
FPIs withdraw Rs 3,014 cr from capital markets in August so far

According to depositories data, foreign portfolio investors withdrew a net amount of Rs 12,105.33 crore from equities.

25 Aug 2019 11:24 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.Business
Seven of top-10 firms lose Rs 86,880 cr in m-cap; ITC takes biggest...

The m-cap of ITC dropped by Rs 20,748.4 crore to stand at Rs 2,89,740.59 crore.

25 Aug 2019 11:05 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.Business
Announcements made by FM are major enablers to support growth: SBI...

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 PM IST

Lawyer-turned-politician Arun Jaitley was among the most powerful in Prime Minister Narendra Modis cabinet, a terrific backroom strategist and a man trusted by colleagues in the BJP and other political parties. In these photos, we see Mr Jaitleys warmth and easy camaraderie with Indias political class. (Photo: File)Business
India Inc mourns Jaitley's demise, hails his reform measures

Tributes poured in from India Inc with corporate leaders expressing profound grief at the passing away of BJP veteran...

24 Aug 2019 3:58 PM IST

Jan Dhan accounts and distribution of RuPay cards in Maharashtra till November 23, 2016Business
PM Modi launches RuPay card in UAE

The India-UAE bilateral trade touched almost USD 60 billion in 2018.

24 Aug 2019 2:52 PM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.Business
Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 12:48 PM IST

Reacting on Gandhis reply in Supreme Court, Defence Minister Nirmala Sitharaman said, His credibility has taken a beating. (Photo: Twitter/ ANI)Business
Govt to review surcharge on super-rich in 2022: Sitharaman

Govt increased surcharge from 15 per cent to 25 per cent on taxable income between Rs 2 crore and Rs 5 crore.

24 Aug 2019 12:26 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)Business
Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM IST

Zomato is encouraging its customers to change their account password, if used for any other services, to avoid risks.Business
Food feud: NRAI slams Zomato for logging out of talks

Zomato has decided to cut all ties by saying that it is logging out of the restaurants' #logout campaign.

24 Aug 2019 11:18 AM IST

Representational image of an Indigo aircraft.Business
IndiGo board has approved new policy on related-party transactions:...

Gangwal said the board has now approved a new related-party transaction policy and to also close an open issue.

24 Aug 2019 11:11 AM IST

X