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The Infosys' move to settle with SEBI the alleged disclosure lapses involving a severance pact is "perfectly fine", the company's former chief financial officer , T V Mohandas Pai, said today.
10 Dec 2017
As per estimates, just about 20 per cent firms have made workforce additions in 2017, though a majority of 60 per cent managed to retain their staff strength unchanged without any major layoffs.
Chinese smartphone maker Oppo has been given green clearance to set up a mobile manufacturing unit in Greater Noida at a cost of Rs 2,200 crore, a senior government official said.
Balakrishnan, a known Murthy supporter, also raised the issue, stating that the earlier communication by the firm to stock exchanges blaming Murthy for the board’s lapses was ‘unprecedented’.
With the launch of the Apache RR 310 this week, TVS Motor Company has thrown the kitchen sink at competitors, in a segment virtually dominated by a single player - Royal Enfield.
The dynamics of agri lending is also changing due to the government’s thrust on improving productivity and doubling farmer’s income.
The country's largest lender has changed the names and IFSC codes of branches located in major cities such as Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata and Lucknow, among others.
09 Dec 2017
After slashing the GST rates of over 200 items last month, the government today hinted at reviewing levies on the items in the top 28 per cent tax bracket.
Union Finance Minister Arun Jaitley said that the NDA government would now focus on large- scale investment in the infrastructure sector and rural areas.
Dharmendra Pradhan has asked the oil marketing firms to speed up expansion of city gas distribution network and provide compressed and piped natural gas connections in the North East.
According to Central Board of Direct Taxes, the net direct tax collections represent 49 per cent of the total Budget Estimates of direct taxes for 2017-18.
The Pakistan and IMF delegations concluded the first round of discussions on Friday and took a two-day break to prepare for the policy-level wrap-up by December 13-14.
Security researchers claim that North Korea-based advanced persistent threat groups are increasingly attacking financial institutions and Bitcoin exchanges.
The annual survey indicated that USA and Canada remained the top destinations of India’s export of software services, followed by Europe in which UK accounted for nearly half of the total exports.
The mining industry in Goa has asked the Union government to lower the export duty on high grade ore stating that iron ore exports from Goa are falling.
Nitin Gadkari today said the government will be soon announcing a policy which calls for 15 per cent blending of methanol in petrol to make it cheaper and also reduce pollution.
With growth rebound inching up to 6.3%, the latest data does not paint a promising picture — even the worst quarter after 2008 recession took India to a low of only 6.9%.
Prime Minister Narendra Modi had laid the foundation for the facility months after being sworn-in in May 2014 and the government was targeting to create 1.50 lakh jobs in the facility.
The Bengaluru-headquartered lender has cut the overnight, 1-month and 3-month MCLR by 0.05 per cent each to 7.95, 8 and 8.05 per cent.
Union Finance Minister Arun Jaitley said if the gap is left vacant; the lack of suitable protection to depositors’ money will also be affected.
Justice Misra stressed that the country needs to adjust without surrendering "our conceptual sovereignty".
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