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Times of India: Business News and Markets News

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Check latest updates on business, finance and economy from across the world. Get daily updates for BSE Sensex, Share price, Stock markets, BSE, NSE, Nifty, business news on various sectors and much more from Times of India Business.
Updated: 53 min 22 sec ago

India Inc pay gap: CEOs earn up to 1,200-times of average staff

1 hour 24 min ago
While the rules do not put any restrictions on the companies regarding how much more they want to pay their top executives vis-a-vis an average employee, the Sebi regulations require most listed companies to annually disclose various remuneration ratios to help the investors know about salary practices at the firms in which they have invested.
Categories: India News

AI Express plans ways to boost brand visibility

2 hours 56 sec ago
As it embarks on ambitious expansion plans, Air India Express has floated a tender soliciting interest from entities that can set up and manage "search engine marketing channels" for the airline.
Categories: India News

Demonetisation, GST to make cash dealings tough: Jaitley

Sat, 07/22/2017 - 6:34pm
The impact of the demonetisation drive and the rollout of the goods and services tax (GST) will make it tough to deal in cash, leading to greater compliance, digitisation and widening of the tax base, Union finance minister Arun Jaitley said on Saturday.
Categories: India News

75% of PANs not linked with Aadhaar

Sat, 07/22/2017 - 6:03pm
If you are one of those yet to link your PAN card with Aadhaar as directed by the Income Tax department, you are among the majority. Data tabled by ministry of finance in the Lok Sabha on Friday shows just 25% of PAN card holders had linked it with Aadhaar as on July 17.
Categories: India News

RBI plans to sell Rs 10k crore bonds in August

Sat, 07/22/2017 - 3:32am
“Also, the market is expecting another quarter percent policy rate cut from the RBI, which in turn is helpful for offsetting any expected yield rise,” he said.
Categories: India News

50% spurt in Indian flyers in two years, railways numbers down

Sat, 07/22/2017 - 2:48am
The increase comes at a time when Indian Railways has lost 17 crore passengers from FY14 to FY17. Statistics also show that Indian Railways had 14.2 crore passengers in all air-conditioned classes like AC sleeper, 3-tier, executive class and AC chair car in 2016-17.
Categories: India News

Bad Medicine! Pfizer, Cipla, DRL, other 63 drug firms fail quality test

Sat, 07/22/2017 - 2:36am
According to the notification, 25 samples by Pfizer, nine each by Dr Reddy’s and Alembic, seven by Cipla and six by Zydus Healthcare were found to be not of standard quality.
Categories: India News

GST Networks to analyse statistics of registered taxpayers

Sat, 07/22/2017 - 2:32am
“We would also be studying trends in various sectors - production types, or turnover for certain commodities such as steel or coal or anything else,” GSTN Chairman said.
Categories: India News

Railways recovering but still in ICU: Suresh Prabhu

Sat, 07/22/2017 - 12:06am
Railways is on the path of recovery but it still has to be kept in the ICU as it needs to be strong enough, says Suresh Prabhu.
Categories: India News

SRK, Bachchan family, Ajay Devgn get ED notices

Fri, 07/21/2017 - 11:58pm
Shah Rukh Khan, Ajay Devgn, Amitabh Bachchan and his family members - wife Jaya, son Abhishek, daughter-in-law Aishwarya - were served notices a little over a month ago under Section 37 of the FEMA which empowers ED to obtain preliminary information before starting an investigation.
Categories: India News

6 telcos underreported revenue by Rs 61,064.5cr: CAG

Fri, 07/21/2017 - 11:55pm
For five operators -- Bharti Airtel, Vodafone India, Idea Cellular, Reliance Communications and Aircel -- the period of audit pertains to 2010-11 to 2014-15.
Categories: India News

RIL announces 1:1 bonus, stock jumps to 52-week high

Fri, 07/21/2017 - 7:57pm
In what will be the biggest bonus share issuance in the country, Reliance Industries (RIL) has announced a 1:1 bonus for its shareholders on the 40th anniversary of its initial public offer (IPO).
Categories: India News

Carlyle buys 26% in SBI card biz for over $250m

Fri, 07/21/2017 - 6:30pm
Categories: India News

India, China seek reduction in farm subsidies by West

Fri, 07/21/2017 - 4:39pm
India and China are working together at the World Trade Organization (WTO) to get developed countries such as the US and the European Union members to reduce subsidies for farm products that are detrimental to exports from developing and poor countries.
Categories: India News

Trai turns down telecom firms' proposal for floor price

Fri, 07/21/2017 - 7:52am
Telecom Regulatory Authority of India Chairman R S Sharma said he met representatives of all service providers today and arrived at a consensus that fixing the floor price "is not a workable idea". Reliance Jio termed the proposal as a regressive and anti-competitive step.
Categories: India News

Sensex, Nifty overcome flat trend to end positively

Fri, 07/21/2017 - 6:22am
Both Sensex and Nifty rallied late in Friday's trading as both the indices gained around 0.40 per cent during the day. The 30-share BSE Sensex closed at 32,028.89, up by 124.49 points while the broader 50-share NSE Nifty gained 41.95 points to end at 9,915.25.
Categories: India News