Business

Three years after Mukesh and Anil's father passing, the dispute was settled by splitting the empire into two, vaulting both Ambanis among the ranks of India’s wealthiest businessmen.

The proposal to have a uniform rate for state-run and state-authorised lotteries at 18 or 28 per cent was referred back to the Group of Ministers. State-run lotteries now attract 12 per cent GST.

It is extremely difficult for any investor to remain cut off from the market sentiment. This is an unfortunate reality of the market and we have seen this same behaviour globally across markets, says Chandresh.

The proposal to have a uniform rate for state-run and state-authorised lottery at 18 or 28 per cent was referred back to the Group of Ministers.

IIFCL’s Non Performing Assets (NPA) as on March 31, 2018 were at 16.55 per cent, while Net NPAs were at 9.67 per cent, according to its latest available annual report.

The 42-page draft, open for public comments until March 9, addresses six broad issues of the e-commerce ecosystem — data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce.

Upon declaration of a service as public utility service as per the law, employees need to comply with certain conditions for strikes and lockouts.

This has played out despite a chorus predicting after the financial crisis that the dollar might finally surrender some of its dominance; that, in an age of pushback to American exceptionalism, it was time for

An average Delhiite annually earns around three times more than the national income average, says the report, pegging the per capita income of Delhi at Rs 3,65,529 as against the national average of Rs 1,25,397.

The company’s shareholders had given a nod for the same in the annual general meeting (AGM) held on July 20, 2018 and was also approved by the board of directors on August 13, 2018.

As per a Gazette notification by the Union Ministry of Mines dated February 20, 2019, the Centre has changed the rules that earlier allowed private companies to mine rare earth minerals found in the beach

Shareholders also authorised the firm to increase share capital from Rs 200 crore to Rs 2,200 crore, and also the alteration to the articles of association.

The idea of a Public Debt Management Agency (PDMA) was proposed by Finance Minister Arun Jaitley in his February 2015 Budget speech, but it was put on a back burner following objections from the Reserve

The bank is part of the lenders’ consortium, led by State Bank of India, that has extended loans to the debt laden airline.

RBI, which has sought details about such arrangements, is likely to come out with steps on “loan restructuring” or “evergreening” of loans by NBFCs.

President Ram Nath Kovind Thursday promulgated the Banning of Unregulated Deposit Scheme Ordinance.

KCR also announced ex-gratia of Rs 25 lakh for the families of each of the 40 CRPF personnel killed in the Pulwama attack on February 14.

Top losers in the Sensex pack in morning trade include Kotak Bank, Tata Steel, L&T, RIL, Axis Bank, NTPC, Tata Motors, HDFC Bank, HDFC and ITC, falling up to 3.39 per cent.

The recommendation to hike EPFO’s interest comes when most other small savings instruments offer an interest rate below 8 per cent and amid downward direction in interest rates set out by the RBI

Findings of the Labour Bureau’s survey on jobs created under MUDRA scheme will be used to laud its achievement on this front.

The contract for the bullet train, to be given out to a single entity, is slated to be floated by next month, decks for which are being cleared on war footing.

BJP votes against it, says Cong keeping quota debate alive

A proposal to clear demands put forth the firms was considered by the DCC, formerly known as Telecom Commission.

Reliance Nippon Life Asset Management Ltd listed on the stock exchanges in November 2017 and is down by around 25.8 per cent against the issue price of Rs 252.

The Centre Wednesday announced equity infusion of Rs 48,239 crore in 12 public sector banks in this fiscal to help them maintain regulatory capital requirements and to provide growth capital to better performing banks.