“None of the 20 PSBs have a workman and an officer director as of now. Also, there has not been a single appointment of these directors over the last three-and-half years,” C H Venkatachalam, general secretary, All-India Bank Employees’ Association (AIBEA), said.
Even as LIC’s gains in value of portfolio is mostly on account of rise in markets (as its overall holding percentage has come down), in the quarter ended December 2017 LIC held more than 1 per cent stake in 327 companie
Stating that hybrids must be encouraged, Shekar Viswanathan, vice-chairman, Toyota Kirloskar Motors said that Toyota has requested the government to bring down the taxes on hybrid vehicles from 43 per cent to 28 per cent.
This year’s expo, which kicked-off Wednesday here, the numbers on display surged 10-fold to over 50 electric and hybrid vehicles, a reflection of the government’s aggressive target to electrify all new vehicles by 2030.
Between Monday and Tuesday, while the FPIs sold Indian equities worth Rs 3,589 crore, the DIIs pumped in Rs 2,862 crore in the market thereby acting as a counter-balance force and reducing the impact of FPI outflow.
The Union Cabinet, in June last year, granted an in-principle approval for the strategic sale of Air India and its subsidiaries and this process is being monitored by Air India-Specific Alternative Mechanism.
In a big boost to the small and medium enterprises, the finance minister Arun Jaitley announced a reduction in corporate tax rate from existing 30 per cent to 25 per cent, for companies with turnover of up to Rs 250 crore.
While capital gains on sale of land or building needs to be invested into such bonds (NHAI or REC or other bond notified by the government) within six months of the date of sale by the investor, it was allowed to be invested in bonds of up to three years earlier
With equities markets world over witnessing unprecedented investment in the last one month or so, experts say stocks seem to be emerging as the most attractive asset class, especially in India, on the back of growth making a comeback.
Narendra Modi will address the World Economic Forum today, the first speech by an Indian Prime Minister in Davos since H D Deve Gowda’s in 1997. India and the world were very different places back then. What are the similarities and differences in their situations separated by over two decades?
Kenichi Ayukawa, MD and CEO of Maruti Suzuki India Limited, told Indian Express that the company will have to improve efficiency and technology for non-electric cars and hybrid is one solutions they are looking at.
Deficit concerns due to declining GST collection & additional govt borrowing have not hurt the equity markets much this time as FPIs, who take this data seriously, are not the only drivers and domestic retail money has witnessed a big surge.
Behura joined Department of Telecommunications (DoT) in Ministry of Communications & Information Technology as Secretary (Telecom) on Jan 1, 2008, almost eight months after A Raja took over as Telecom minister.
As per data from the Sebi, and AMFI, Gujarat, at 54.4 lakh, has the country’s second largest population of registered investors (after Maharashtra), and is third (after Maharashtra and Delhi) in terms of investments in equity schemes of mutual funds.
Paresh Sukthankar also said that while the entire NPA crisis will take some time to come off, there is some concern on the agricultural loan front because of behavioural factors after many state governments announced loan waiver.