Business
SEBI Bans Grass Root Finance, 13 Others From Markets
A probe by SEBI found that the company had issued equity shares to 9,321 people between 1995-96 and 2006-07 and raised Rs 6.80 crore through such issuance.
Infosys to Announce Q2 Results on October 24
Infosys's larger rival, Tata Consultancy Services announced its second quarter earnings last week, while others are slated to do so in the coming days.
Pent-up GST Demand Expected to Boost Diwali Sales of Consumer Durables
According to an analysis by India Brand Equity Foundation, the consumer durables market is expected to reach $20.6 billion by 2020.
Never Spoke of Fiscal Stimulus to Revive Growth, Says Arun Jaitley
"I have not used that phrase (fiscal stimulus). I said we will respond to situations and your fraternity translated the word respond as meaning stimulus," Jaitley told reporters
Slowdown Bottomed Out, GDP Likely to Grow 7 Per Cent in FY18: NITI
The economic growth slowed to 7.1 per cent in 2016-17, the year in which 87 per cent of the currency was demonetised, despite a very good show by the agricultural sector.
India has High Growth Potential for Next Two Decades: Arun Jaitley
The whole environment of doing business has changed in a matter of months, Jaitley told a Washington audience at an event organised by the US-India Strategic and Partnership Forum.
$1 Trillion Bad Loan Mountain Casts Shadow Over Europe
The tally puts the combined total of problem loans in the euro zone's largest economies, France and Germany, close to that of Italy's 260 billion euro bad debt pile.
Monsanto Settles Rs 300 Crore Royalty Dispute With 3 Local Seed Cos
Eight licensees including Nuziveedu Seeds Ltd (NSL) refused to honour their commitments to pay Mahyco Monsanto Biotech Ltd (MMBL) over Rs 450 crore after collecting these amounts from cotton farmers in kharif 2015.
Indian Oil Corp Buys New US Crude Grades for December Delivery, Say Sources
India joined other Asian countries in buying US crude in the fourth quarter to widen its import sources as well as to reduce trade surplus with the United States.
Infosys Fixes Nov 1 as Record Date For Rs 13,000 Crore Buyback
The share buyback, which will be the first in the company's 36-year long history, will see Infosys buying back over 11.30 crore shares at Rs 1,150 apiece.
Indian Energy Exchange Ltd (IEX) Launches Rs 1,000-crore IPO
The issue by which the company is selling 60, 65,009 shares or 20 percent of the post-issue paid-up capital is open for subscription during October 9-11.
OPEC Should go for 'Responsible Pricing': Indian Oil Minister
Oil Minister Dharmendra Pradhan met OPEC Secretary General Sanusi Mohammad Barkindo to discuss "the current scenario of oil and gas industry of the world and exchanged notes on the recent developments", an official statement stated.
GST Rate Cut on Man-Made Yarns to Give Immediate Relief: AEPC
AEPC also demanded that the government look into the issue of embedded taxes on exports.
Sebi Panel Suggests Overhaul of Corporate Governance Norms
The current rules require that there must be one woman on board, irrespective of her being an independent or executive director.
NCLT Reserves Order on Cyrus Mistry Plea to Transfer Case
The principal bench of the NCLT, headed by Chairman Justice MM Kumar, will pronounce its verdict on Friday.
Karti Chidambaram Approaches Supreme Court in Aircel-Maxis Case
Karti Chidambaram, son of former Finance Minister P Chidambaram, who was asked by the CBI to appear for questioning in the matter on Wednesday, sent a five-page submission through his lawyer asking the agency not to insist on his appearance in the matter.
