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In Other News - Page 94

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

Horses Stables saw 39 innovative start-ups pitching to panel of 8...

The increase in the percentage of successful pitches highlights that Horses Stables credibility is growing.

25 Sept 2019 3:55 PM IST

Renewable wind energy seems to be a long shot for Telangana if it plans to go the Europe way-which is planning to become the numero-uno energy provider by tapping the power of the wind by 2050.

Wind energy can light up the entire world

However, as it turns out the state is still awaiting an official nod for its renewable energy policy.

25 Sept 2019 1:52 AM IST

The bank will also not be able to grant or renew any loans and advances, make any investment or incur any liability now.

RBI puts restrictions on PMC Bank for 6 months

Under-reporting of bad loans could be one reason behind RBI placing restrictions.

25 Sept 2019 1:35 AM IST

Life Insurance companies are expected to report strong first quarter earnings, as the individual new business premium (NBP) growth for them has been over 30 per cent.

Insurance policies become flexible

Premium table can be extended, list of day care procedures can be expanded and critical Illnesses covered can be added.

25 Sept 2019 1:32 AM IST

Exports during April 2019 have crossed Rs 4,400 crore which is a very encouraging sign, Shaktivel told reporters in Tirupur on Wednesday night. (Representational Image)

Apparel exports to US, EU slowing

Exports to European markets and the UK have declined by 2-3% YoY during the first four months of the fiscal.

25 Sept 2019 1:22 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

Infosys, TCS, HDFC among 17 Indian firms in Forbes best 'regarded' cos...

IT major Infosys has been ranked third in the list of World's Best Regarded Companies, along with global payments...

24 Sept 2019 3:37 PM IST

The prices of onion stayed high for nearly three months and had soared to Rs 40 per kg.

Onion prices to calm down in next few days: Tomar

The centre has a buffer stock of 56,000 tonnes of onion, of which 16,000 tonnes has been offloaded so far.

24 Sept 2019 2:35 PM IST

Lavasas wife has been issued a notice by the department to explain certain details in her I-T Returns (ITR).

Income Tax notice to Election Commissioner Ashok Lavasa's wife

She has been issued notice to explain certain details in her ITR with regard to holding directorship in about 10...

24 Sept 2019 10:57 AM IST

The credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has reduced to 2.75 per cent to 3 per cent in Q4FY19, going by the bank results declared so far.

Bank unions defer 2-day strike; operations to be normal on Sep 26-27

Four unions of bank officers had threatened to go on a two-day strike from September 26 to protest against merger.

24 Sept 2019 8:57 AM IST

State Bank of India

SBI to link all new floating loans to repo

The bank will also voluntarily extend benchmark-based lending to medium enterprises to boost lending to the MSME sector...

24 Sept 2019 1:43 AM IST

Vehicle insurance policies, especially of two-wheelers, saw a nearly 500 per cent growth this month, following the implementation of the Motor Vehicle Amendment Act-2019 (MVA) from September 1.

Steep jump in demand for basic motor insurance

Insurers expect the trend to remain for at least a couple of months more, as many more would still be driving without...

24 Sept 2019 1:40 AM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi slaps Rs 22 crore penalty on Aurobindo promoters

The probe found that the promoter entities traded in the scrip with prior price sensitive information.

24 Sept 2019 1:36 AM IST