We wish to categorically state that DHFL has not defaulted on any bonds or repayment nor has there been any single instance of delay on any of its repayment of any liability.
Sebi has allowed non-resident Indians (NRIs), overseas citizens of India (OCIs) and resident Indians (RIs) to be constituents of FPI subject to certain conditions.
HFCs, NBFCs bear the brunt of sell-off amid rumours of a debt crisis in the sector
Haircut on all resolved cases was around 45% for financial creditors
The Finance Ministry Thursday notified TCS at the rate of 0.50 per cent of the net value of intra-state taxable supplies made through the e-commerce portals by other suppliers in the Central Tax law.
Certain categories of FPIs would be required to maintain a list of beneficial owners and provide the same to the regulator.
"This robust performance was partly attributable to a powerful base effect, with GDP growth dampened in 2Q17 (April-June) by companies de-stocking ahead of the rollout of the goods and services tax," Fitch said.
The issue relates to remittances by migrants from urban pockets to their homes in rural areas. The tax department feels the bank has violated norms and under-paid the tax, while the bank feels the opposite.
Yes Bank was the top the losers in the Sensex pack by plunging 19 per cent after the RBI asked its managing director and CEO Rana Kapoor to step down after an extended term till January 31, 2019.
The curtailing of the term for co-founder MD and CEO Rana Kapoor by the Reserve Bank of India has hit the bank's stock, which has plummeted.
Overseas, most Asian shares were trading higher, tracking positive closing in the US market overnight.
The interest offering on 5-year senior citizen savings scheme will be 8.7 per cent as against 8.3 per cent for the quarter ending September 2018.
The RBI in its annual report earlier had highlighted that the CAD was expected to be largely financed by FDI flows.
IL&FS, on September 6, said the Reserve Bank of India (RBI) had barred the company from accessing the commercial paper market till February 28, 2019.
The revision has come basically because the ratings agency expects that JLR’s continuing large investments will keep Tata Motors’ free cash flow negative over FY19 and FY20, compared with earlier expectations of them turning positive by FY20.
Punitive vigilance is difficult in a public sector institution as rewards are low to start with, thereby limiting the possibility of downward revisions, said Urjit Patel.
For July, the enrolment numbers were at the highest level since September at 9.51 lakh, taking the cumulative net enrolment for September-July to 61.81 lakh, the data released by EPFO on Thursday showed.
Rathin Roy says the increase in the CAD is partly a result of the goods and services like four-wheelers, higher education, civil aviation, and recreation travel consumed by a small percentage of the population, say 100 million.
Oxytocin is administered to pregnant women to “prevent and treat” postpartum haemorrhage (PPH). PPH accounts for about 35 per cent of all maternal deaths, says the World Health Organization.
The recall covers certain 2015 to 2017 Nissan Murano, 2016 and 2017 Nissan Maxima, 2017 through 2018 Nissan Pathfinder and 2017 Infiniti QX60 vehicles.