Deadlines For Aadhaar Linking With Bank Account, PAN ‘Valid’, Says UIDAI
Deadlines For Aadhaar Linking With Bank Account, PAN ‘Valid’, Says UIDAI The Income Tax Act was amended in March 2017 to make Aadhaar mandatory for PAN cards. Business | Press Trust of India | Updated:...
View Article‘Apologize To Narayana Murthy’: Mohandas Pai To Infosys
Hyderabad: Infosys’ move to settle with markets regulator Sebi the alleged disclosure lapses involving a severance pact have vindicated N R Narayana Murthy’s stand, its former CFO T V Mohandas Pai said...
View ArticleTribunal Allows Government To Take Control Of Unitech
New Delhi: The National Company Law Tribunal (NCLT) on Friday allowed the government to appoint 10 directors on the board of debt ridden realty firm Unitech Ltd. The two-member NCLT bench headed by...
View ArticleFormer Infosys CFO Demands Discontinuance Of Some Board Members
Bengaluru: Former Infosys chief financial officer V Balakrishnan Saturday sought the discontinuance of certain board members in light of the company filing a settlement plea with SEBI on corporate...
View ArticleGovernment Moves to Take Over Unitech With Rarely-Used Measure
The bankruptcy court allowed the Union government to appoint new management for real-estate giant Unitech in in a rare move, as the corporate affairs ministry sought to take control of the embattled...
View ArticleInfosys Move To Settle With Sebi Is ‘Perfectly Fine’, Says Mohandas Pai
Hyderabad: The Infosys’ move to settle with Securities and Exchange Board of India (SEBI) the alleged disclosure lapses involving a severance pact is “perfectly fine”, the company’s former chief...
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As Bitcoin (BTC) Euphoria Assumes Gigantic Proportions, You Can Still Make Hay
Ahead of the rollout of bitcoin’s (BTC) futures trading on Sunday at Chicago Board Options Exchange (CBOE), the price of world’s most popular cryptocurrency has consistently been on a record-breaking...
View ArticleRetail Inflation Soars To 15-Month High, Industrial Output Growth Slows
Retail or consumer inflation increased sharply to 15-month high of 4.88 per cent in November, from 3.58 per cent in October, driven mainly by faster rises in prices of food and fuel products. The...
View ArticleIs Aadhaar-Linking Mandatory? Supreme Court Reserves Order Till Tomorrow
New Delhi: The Supreme Court today reserved its order for tomorrow on a clutch of interim pleas seeking a stay on government’s decision of mandatory linking of Aadhaar with welfare schemes, as the...
View ArticleQ2 Corporate Earnings One of The Best In 3 Years, Says Credit Suisse
Mumbai: The domestic market is not expensive compared to its global peers, given the robust corporate earnings in the second quarter that was one of the best in three years, says a global brokerage....
View ArticleAirtel Payments Bank To Return Rs. 190 Crore Cooking Gas Subsidy
New Delhi: Within days of getting a rap on its knuckles, Airtel on Monday offered to return Rs. 190 crore subsidy that had flown ‘unsolicitedly’ into the Payments Bank accounts of its 31 lakh mobile...
View ArticleAir Deccan Gets DGCA Nod For Udan Scheme
Mumbai: The aviation regulator DGCA has granted flying permit to Air Deccan, a move that will enable the airline to operate flights under the regional connectivity scheme called Udan. The scheduled...
View ArticleGST Collections Decline To Rs. 80,808 Crore In November
New Delhi: GST collections slipped for second straight month to Rs. 80,808 crore in November, down from over Rs. 83,000 crore in the previous month. The total collection of GST till December 25 stood...
View ArticleRCom Announces New Debt Reduction Plan Without Write-Offs
Mumbai: India’s Reliance Communications Ltd outlined on Tuesday a new plan under which it aims to reduce its debt by about 250 billion rupees ($3.90 billion) through the sale of some of its spectrum,...
View ArticleSBI Board Clears Raising Rs. 8,000 Crore Under Global Capital Norms
New Delhi: The country’s largest lender SBI today said its board has approved raising Rs. 8,000 crore through various sources, including masala bonds, to meet Basel III capital norms. “The Central...
View ArticleFiscal Deficit For April-November Stands At 112% Of FY18 Target
New Delhi: India reported a fiscal deficit of Rs. 6,12,000 crore ($95.77 billion) for April-November, or 112 per cent of the budgeted target for the current fiscal year that ends in March. Net tax...
View ArticleSBI Clarifies On Rs. 1,771 Crore Earnings From Minimum Balance Fines: 10 Points
The country’s largest lender, State Bank of India (SBI), collected Rs. 1,771 crore between April-November 2017 as charges from customers for failing to maintain monthly average balance in their...
View ArticleRupee Hits Two-And-A-Half-Year High Against US Dollar: 5 Points
The rupee (INR) surged to a nearly two-and-a-year high of 63.44 against the US dollar, continuing its strength against the greenback in the New Year 2018. This is the highest value of the rupee against...
View ArticleSensex, Nifty Close At Record Highs On Widespread Buying
Market benchmarks closed at new peaks today on widespread buying in telecom, consumer durables, realty, metal and banking stocks amid continuous foreign fund inflows. The BSE Sensex surged over 184...
View ArticleGDP Growth Seen Slowing To 6.5% In 2017-18, From 7.1% In 2016-17
The GDP or gross domestic product economy is expected to grow at 6.5 per cent this fiscal (2017-18), according to the first advance estimates of the Central Statistics Office. The economy had clocked a...
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