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Updated: 21 min 18 sec ago
A statement by the Corporate Affairs Ministry said that the decision has been taken in pursuance of the budget announcements for 2019-20 by Finance and Corporate Affairs Minister Nirmala Sitharaman.
If approved, then the new norms will follow the government's scheme to provide a one-time partial credit guarantee to PSBs for purchase of pooled assets of financially sound NBFCs.
A Sebi circular prescribes a penalty of Rs 20,000 per day on those listed companies which fail to comply with certain provisions of the ICDR.
A litre of petrol will now cost 98 paisa more across the state while a litre of diesel has become dearer by Rs 2.35.
The ED also wants to question Ratul Puri in AgustaWestland VVIP chopper deal case.
Customers can avail attractive and cheaper loans with added benefits –waiver in processing fees, pre-approved digital loans and loans with no escalation in interest rates – spread across various categories.
The offer is valid on the diesel variants of Dzire, S-Cross, Swift and Vitara Brezza and will be available to new-car buyers at no additional cost.
The BSE Sensex rose 105.99 points or 0.28 percent to 37,508.48 in early trade while the NSE Nifty inched up by 0.45 points to 11,054.35.
Ravinder Takkar has been appointed for three years effective Aug. 19, Vodafone Idea said.
While SpiceJet will shift its operation from T2 to T3 entirely, IndiGo will partially move its operation from T2 to T3.
In his inaugural address at the Indian Banks' Association annual flagship conference, FIBAC 2019, here, the Reserve Bank of India (RBI) Governor also said the real test for public sector banks (PSBs) is their ability to tap the capital market to raise funds.
Foreign portfolio investors sold shares worth a net of Rs 1,339.27 crore on Friday, while domestic institutional investors purchased shares worth Rs 1,058.28 crore, provisional data showed.
The case pertains to purchase of 111 aircraft from Boeing and Airbus at Rs 70,000 crore, ceding of profitable routes and schedules to private airlines and opening of training institutes with foreign investment.
In order to review the Income-tax Act, 1961 and to draft a new direct tax law in consonance with the economic needs of the country, a Task Force was constituted by the Government in November, 2017.
The Modi government in its previous term had set up an Expert Committee in 2017 to draft a new Direct Tax Code (DTC) to replace the decades-old Income Tax Act, 1961.
Prior to joining Paytm in October 2016, Deora served as Managing Director in Citigroup's investment banking business.
The auto sector is the worst-hit sector in the current slowdown and apart from huge inventory build-up, the companies are resorting to production shutdowns to cope up with poor sales.
The BSE Sensex rose 95.44 points or 0.26 percent to 37,445.77 in early trade while the NSE Nifty edged higher by 46.35 points or 0.42 percent to 11,094.15.
While the average speed of trains will increase, the Indian Railways will also save on the operational cost.
Google has removed 85 apps from its Play Store after security researchers at Trend Micro found a particularly annoying adware hiding inside.