Home » Business » In Other News

In Other News - Page 296

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 permits clearing corps at IFSC to accept cash as trade collateral

IFSC at GIFT City is probably the first such centre to be launched after the 2008 global financial crisis.

21 Feb 2018 5:28 PM IST

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

IT to create 1 lakh jobs in FY19, misses FY18 target

Nasscom on Tuesday projected a growth rate of 7-9 per cent for the IT and BPO sectors for fiscal 2018-19 as against 7.8...

21 Feb 2018 2:49 AM IST

Tax wing attaches bank A/Cs of Rotomac Group

The department has recently attached bank accounts and other assets of Choksi and the Gita-njali Group.

21 Feb 2018 2:44 AM IST

Private companies can mine, sell coal

Currently, private sector is allowed coal mining for captive use only.

21 Feb 2018 2:41 AM IST

Nasscom president R. Chandrashekhar claimed that top five IT companies hired additional 50,000 people between January to March in 2017.

Nasscom launches reskilling portal

Nasscom has signed an MoU with the Union ministry of electronics and IT for strengthening re-skilling initiatives.

20 Feb 2018 1:30 AM IST

Nirav Modi says PNB closed all options

In a letter, Modi wrote on February 15-16 to the PNB management, he pegged the amount his companies owes to the bank...

20 Feb 2018 1:28 AM IST

Union IT and law minister Ravi Shankar Prasad (right), Telangana State IT minister K.T. Rama Rao (centre) and Tech Mahindra MD C.P. Gurnani during the WCIT 2018 in Hyderabad on Monday. (Photo: Asian Age)

India must adopt disruptive tech: PM Modi

He said India has a tech-friendly population with over one lakh villages linked with optical fibre.

20 Feb 2018 1:26 AM IST

Rotomac owner pens bank fraud

Kothari took letters of credit worth Rs 3,000cr to make use of interest rate differential in foreign countries.

20 Feb 2018 1:22 AM IST

The agency has filed the case under the Prevention of Money Laundering Act (PMLA) on the basis of an FIR registered by the Central Bureau of Investigation (CBI). (Photo: ANI)

Top vigilance body issues advisory to public sector banks to transfer...

The CVC advisory stated that the transfer of all clerical staff who have completed 5 years as on Dec 31, 2017 'should be...

19 Feb 2018 12:23 PM IST

Implementation of GST it does not seem will meet its actual deadline of Aril 1, 2017 as both the Centre and the states have failed to arrive on an agreement over contentious issues.

GST portal glitches top taxpayers' complaints

Around 59 per cent respondents to the survey comprised of MSME firms whereas the rest 41 per cent were large firms, said...

19 Feb 2018 2:41 AM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

PSBs must be privatised: Assocham

Assocham said that top banking positions are treated as extension of a government job.

19 Feb 2018 12:56 AM IST

Punjab National Banks Mumbai had issued nearly 150 fraudulent letters of undertaking to Nirav Modi and his associates.

Wilful defaulters' dues at PNB rose 23 per cent in 8 months

Bank makes available data pertaining defaults of Rs 25 lakh or more.

19 Feb 2018 12:55 AM IST