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Business

Do new EPFO norms mean more pension?

The pension is calculated as the number of years in service multiplied by last drawn salary and divided by 70.

13 May 2019 4:38 AM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Business

E-commerce biggies bet on local language play

E-commerce sites have been targeting the English-speaking population of 130 million.

13 May 2019 4:23 AM IST

Investors who have received bonus shares from hundreds of companies over the past few years have been subject to the higher tax outgo.

Business

Taxation woes on bonus shares continue

The budget had sought to tax only incremental LTCG. However, the manner in which the amendment bought in was complex.

13 May 2019 4:19 AM IST

Stocks of Gujarat Government owned companies will also be in focus; they had rallied last time when BJP-led NDA came to power with Narendra Modi becoming Prime Minister.

Business

Politically sensitive stocks back in focus

IRB Infrastructure's Chairman and Managing Director Virendra D Mhaiskar, market believes, is close to Sharad Pawar.

13 May 2019 4:16 AM IST

The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Business

Correction and volatility ahead

Analysts expect 11,250-11,200 to provide a decent support to the Nifty and the possibility of a bounce back cannot be...

13 May 2019 4:09 AM IST

According to the Cotton Association of India (CAI), total stock held by spinning mills and stockists as on April 30, 2019 is estimated at 87.75 lakh bales of 170 kg each, which is equal to about 93 to 94 lakh running bales.

Business

Cotton output to drop by 5 per cent

Due to small crop size and a very tight cotton balance sheet, closing stock as on September 30, 2019 is estimated at 13...

13 May 2019 4:07 AM IST

The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)

Business

Loan defaulters have no right to have lawyer in 'in-house' proceedings...

Supreme Court has ruled that the right to be represented by a lawyer does not extend to in-house proceedings.

12 May 2019 6:41 PM IST

Responses were drawn from over 300 manufacturing units from both large and SME segments with a combined yearly turnover of over Rs 3 lakh crore. (Representational image)

Business

Positive sentiment in mfg sector in Q4, capacity utilisation up at...

About 40 per cent respondents reported plans for capacity additions for the next six months.

12 May 2019 6:29 PM IST

Government is keen and the telecom minister and secretary have also put a timeline on consideration of Trai recommendation issued up to December 31, 2017.

Business

COAI approaches DoT to stop sale of mobile signal boosters on...

COAI told DoT, sale of such illegal items not only violates norms but also hampers service quality for subscribers.

12 May 2019 6:18 PM IST

$\There is an imminent crisis in the NBFC sector. There is a credit squeeze, over-leveraging, excessive concentration, massive mismatch between assets and liabilities, coupled with some misadventures by some very large entities, which is a perfect recipe for disaster,\ Injeti Srinivas said.$ Business

Imminent crisis in NBFC sector: Corporate Affairs Secy

The financial system has been grappling with multiple woes in the wake of the turmoil at IL&FS group.

12 May 2019 5:09 PM IST

Hindujas have seen sharp increases in profitability.

Business

Hinduja brothers top UK rich list, Reuben brothers second

The Hinduja brothers ranked at No. 1 with a fortune of 22 billion pounds.

12 May 2019 4:27 PM IST

Coal shortage is still affecting the efficacy or capacity utilisation (Plant Load Factor) of independent power projects in the country.

Business

Telengana's SCCL expedites coal mining projects to meet fuel needs of...

To overcome the power deficit, Telangana government has embarked on an action plan for capacity addition of around 6,000...

12 May 2019 4:03 PM IST