RBI mandates printing of buyer’s name on Demand Draft
Mumbai: Reserve Bank of India has made it mandatory to mention the name of the person on the front of the demand draft while purchasing it at a bank branch. At …
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Government moots the idea of Asset Reconstruction Company
Mumbai: Government has today showed inclination to set up an Asset Reconstruction Company (ARC) or an Asset Management Company (AMC) for faster resolution of stressed assets. Government has set up …
Read MoreGovernment plans merger of four banks
New Delhi : Government weighs merger of Bank of Baroda, IDBI Bank, Oriental Bank and Central Bank. If the bank merger plan goes through, the resulting entity will become the second …
Read MoreCBI books Group CEO of Air Asia
New Delhi / Bengaluru : CBI has booked Tony Fernandes Group CEO of Air Asia for allegedly trying to manipulate government policies through corrupt means to get international licence for its Indian …
Read MoreINR at 16 months low
Mumbai / New Delhi: Indian rupee (INR) today fell 56 paise against the US dollar amid volatile trade. The rupee ended at 68.07 against the US dollar, its lowest since January …
Read MoreWalmart and Alphabet to pick over 70% stake in Flipkart
Mumbai/ New Delhi: The fairy tale of Flipkart is close to getting over with Walmart and Alphabet set to pick over 70% stake of the loss ridden e-commerce giant. The …
Read MoreBudget 2018,LIVE updates
13:47 (IST) Modi lauds increase in MSP in Budget 2018 “I congratulate the finance minister for the decision regarding Minimum Support Price. I am sure it will help the farmers tremendously,” …
Read MoreMoody’s upgradation of India’s sovereign credit rating.:Manmohan Singh
Kochi: The NDA government should not be “lured into false belief” that the economy is out of the woods, former prime minister Manmohan Singh said on Saturday, reacting to the Moody’s …
Read MoreIndia starts trade route to Afganistan via Iran
India on Sunday shipped its first consignment of wheat to Afghanistan by sea through Iran’s strategic Chahbahar Port, launching a trade route bypassing longtime rival Pakistan. The shipment, an Indian …
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Govt frames valuation rules for unlisted firms
mumbai :After much dilly-dallying, the Ministry of Corporate Affairs (MCA) has come up with rules on valuation of unlisted companies that will do away with arbitrariness at the time of …
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