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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Traders get second chance for GST composition

Taxpayers were earlier given time till August 16 to opt for composition scheme.

18 Sept 2017 4:14 AM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi board to take stock of suspected shell cos on Monday

On August 7, the watchdog directed exchanges to restrict trading in shares of 331 companies.

17 Sept 2017 4:21 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI reviewing minimum balance charges for savings accounts

Bank has exempted BSBD and PMJDY accounts from maintaining the minimum balance requirement.

17 Sept 2017 12:22 PM IST

Cement segment, which is witnessing consolidation - last fiscal, had signed acquisitions of Rs 32,000 crore last fiscal.

Projects like bullet train a boon for idle cement capacity: CMA

Industry is already sitting on more than Rs 60,000 crore of sunk investment in surplus capacities.

17 Sept 2017 12:06 PM IST

Life insurance serves several purposes in addition to simply providing your family with basic monetary relief once you are gone.

Life insurers cut fresh exposure to equities by 57 per cent in FY17

Total assets held by the life insurance industry grew 18 per cent to Rs 29.81 trillion from Rs 25.29 trillion.

17 Sept 2017 11:07 AM IST

NTPC invites developers to set up 100 waste-to-energy plants

Company invited expression of interest from domestic as well as global players for setting up such plants.

17 Sept 2017 11:05 AM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank board to consider AllBank Fin merger this week

AllBank Finance (ABFL) is a leading merchant banker and has been holding licence for Debenture Trusteeship since...

16 Sept 2017 8:15 PM IST

The European Commission launched an initial investigation into Google in 2010. (Photo: AFP)

Jaitley to launch Google's new payment app 'Tez' on Monday

Tech majors like WhatsApp and Facebook are also engaged in dialogue with the NPCI to launch their own payment services.

16 Sept 2017 5:42 PM IST

In a statement, Air India condemned the incident and said that they will also probe the matter at their end.

Air India starts direct flight to Copenhagen

National carrier has been expanding its international operations and has started services to overseas destinations.

16 Sept 2017 3:43 PM IST

Ramdev said that China has retaliated with a war threat every time India approached on peaceful terms, and he asked Indians to answer them on the same front. (Photo: PTI)

What 'gate' has Colgate opened for India, asks Baba Ramdev

This episode comes days after HUL and Reckitt Benckiser (RB) dragged Patanjali to the court over 'disparaging'...

16 Sept 2017 1:36 PM IST

Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

HPCL prepares Rs 7,110 cr biz growth investment plans in FY18

While capex stood at Rs 5,860 crore last fiscal, it;s expected to be Rs 7,110 crore this financial year.

16 Sept 2017 10:27 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Rs 65,000 crore GST credit claims under scanner

CBEC orders thorough verification of claims over Rs 1 crore.

16 Sept 2017 7:14 AM IST