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$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

FPIs pull out Rs 8,319 cr in Aug amid persisting negative sentiment

FPIs, however, invested a net Rs 2,096.38 crore in the debt securities during the period.

18 Aug 2019 11:15 AM IST

The Sensex has slid to 33,703 on February 20 a reduction of nearly seven per cent. Among other factors, one development has played its part in this fall: the announcement of the Long-Term Capital Gains (LTCG) tax on equity investments.

Business

Nine of top-10 firms lose Rs 84,354 cr in market valuation

Reliance Industries Ltd (RIL) was the only firm among the top 10 companies to post a gain in its market valuation.

18 Aug 2019 11:08 AM IST

Chennai-based TVS Motor Co on Wednesday reported 30.63 per cent jump in standalone net profit to Rs 165.61 crore for the March quarter riding on robust sales growth.

Business

TVS Motor's Singapore arm invests USD 3.2 mn in analytics firm...

Investment from a company like TVS is also key for a firm like Predictronics to guide, improve, and validate its...

17 Aug 2019 1:23 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Business

Over 3,000 temporary jobs cut due to slowdown: Maruti Suzuki

The temporary workers were not renewed due to the slowdown while asserting that permanent workers have not been...

17 Aug 2019 11:35 AM IST

Business

FinMin asks PSBs to seek ideas from branches to streamline banking...

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

17 Aug 2019 11:15 AM IST

Business

Govt relaxes norms for shares with differential voting rights; to...

According to the ministry, the initiatives have been taken in response to requests from innovative technology companies...

17 Aug 2019 10:48 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Business

Airtel shareholders approve waiver in recovery of excess pay to Mittal

Total remuneration paid to Mittal was about Rs 31 crore, while Vittal was paid Rs 20.9 crore.

17 Aug 2019 10:35 AM IST

Indias sugar output in the last marketing year (October-September 2018) was also a record of the sort at 32.5 million tonne.

Business

WTO to set up dispute settlement panel to review India's sugar subsidy

India has stated that the measures were consistent with its WTO obligations.

17 Aug 2019 10:03 AM IST

he time period for such ESOPs was five years earlier.

Business

Govt ring-fences start-ups with new DVR rules

The limit has been revised upwards from 26 per cent.

17 Aug 2019 2:34 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Business

Investors will look to global cues for direction

The Sensex opened over 70 points up at 37,383 after Thursday's holiday but due weak domestic cues touched an intra-day...

17 Aug 2019 1:00 AM IST

The experts said that the Kharif foodgrain output is likely to fall due to irregular monsoon initially.

Business

Friday downpour helps monsoon hit 2 per cent surplus

Meanwhile, the country received 604.8 mm rainfall as of Friday, against the normal of 595.7 mm, which is an excess of 2...

17 Aug 2019 12:59 AM IST

The cases that are often registered include phishing, online fraud, cheating, stalking on social media, email abuse, hacking and copyright violations.

Business

Users risk safety by re-using breached credentials for financial,...

If netizens use strong, unique passwords for all their accounts, this risk disappears, Google said.

16 Aug 2019 6:28 PM IST