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Brexit file photo.
Brexit: UK to release series of 'future partnership papers' with the European Union

Britain will issue a cluster of new papers to outline its strategy positions in divorce talks with the European Union, ranging from regulation of goods to data protection.

20 Aug 2017

The corporate logo of financial firm Morgan Stanley. ( Photo: REUTERS)
Forex reserves may hit USD 400 billion by September: Morgan Stanley

India's forex reserves are expected to hit USD 400 billion by September, driven by robust capital inflows and weak credit offtake, says a Morgan Stanley report.

20 Aug 2017

Trading in Inter Globe Finance to resume from tomorrow: BSE

Leading stock exchange BSE has said trading in Inter Globe Finance shares will resume from tomorrow after the Securities Appellate Tribunal stayed curbs imposed on the company.

20 Aug 2017

Amrapali’s stalled project in Greater Noida
Homebuyers hold candlelight march against Amrapali group on eighth day of strike against builder in Noida

A large number of home buyers of Jaypee, Amrapali and some other projects have been holding hunger strike protests in Noida outside the corporate offices of the builders.

20 Aug 2017

BHIM App | Wikimedia Commons
Government extends Bhim cash back scheme for merchants till March

The government has extended till March a cash back scheme that offers incentives of up to Rs 1,000 to merchants for accepting payments through the BHIM application.

20 Aug 2017

BSE in Mumbai  (File photo | Reuters)
BSE cautions market participants against unsolicited SMSes

There are increasing instances of bulk SMSes being sent to investors and the general public, inducing them to invest in or purchase the stocks of certain listed companies.

20 Aug 2017

Industries witnessing a decline in loan funds corresponding to bank credit are those into trading, fertilisers, rubber, plastic, possibly because they are meeting credit flow from other sources. (File |REUTERS)
Tepid credit growth: RBI data missing non-bank, debt markets

The RBI data on sectoral credit growth shows only one side of the story as credit per se has been expanding through non-banking channels, primarily in the debt market, said a report.

20 Aug 2017

Smartphone. (Image for representational purpose)
MTNL increases 3G data limit up to three times for pre-paid customers

The company announced that customers buying its Rs 99 data coupons will get 1.5 GB data with a validity of 30 days against 500 MB earlier. Similarly Rs 19 coupon will now provide triple data at 750 MB

19 Aug 2017

Image for representational purpose only.
GST return filing deadline extended to August 25 after technical glitch hits portal

The GST return filing portal was hit by a technical glitch and stopped functioning, a day ahead of the last date for filing GST returns.

19 Aug 2017

US law firms initiate investigation against Infosys over violation of federal rules

The firms are investigating "potential securities claims" resulting from allegations that the firm may have issued materially misleading business information to the investing public, sources stated.

19 Aug 2017

Vishal Sikka. (PTI File Photo)
After Vishal Sikka's dramatic exit, Infosys faces recruitment headache

With the boardroom row still simmering, sources familiar with internal discussions held to appoint Sikka three years ago said they expected an even tougher challenge now.

19 Aug 2017

Union Finance Minister Arun Jaitley (File | Reuters)
NPA resolution not to liquidate companies, but to help save them: Finance Minister Arun Jaitley

Explaining the rationale for the new insolvency and bankruptcy code, he said, this was necessitated by the failure of debt recovery tribunals to effectively perform their duty after initial success.

19 Aug 2017

The last date for filing GSTR-3B form for July is August 20, which is a summary return of details of outward supplies, inward supplies, credit and payment of GST.
Confusion among traders as GST filing site stops functioning

Traders across the country faced problems on Saturday as the Goods and Services Tax filing website stopped functioning for some time, a day ahead of the last date for filing GST returns.

19 Aug 2017

RBI governor Urjit Patel (File photo | Reuters)
Recapitalise state-run banks, resolve bad loans, says RBI governor Urjit Patel

The Reserve Bank Governor today called for recapitalisation of state-run banks to help them resolve the bad loans issue in a time-bound manner as bad loans at 9.6 per cent of the system is not okay.

19 Aug 2017

A sign board in the Infosys campus at the Electronics City IT district in Bengaluru (File Photo | Reuters)
Infosys board approves Rs 13,000 crore equity share buyback at Rs 1,150 each

Global software major Infosys Ltd on Saturday announced it buy back 11.3 crore shares of Rs 5 face value at Rs 1,150 per share via a tender offer at an outlay of Rs 13,000 crore.

19 Aug 2017

5 Most effective tips to complete work on time

Procrastination is one of the deadly evils that can kill you from within. Not only this, it can make our less productive with the passage of time. Here…

19 Aug 2017

Some small-scale business ideas with minimum investment

fter China, India is becoming second largest place for setting up small scale industries. One of the key reasons for this is because India has cheap labour and…

19 Aug 2017

Infosys co-founder NR Narayana Murthy (File | EPS)
What are Panaya papers that Narayana Murthy wants to see?

In 2003, it was based on Murthy Committee’s recommendations that Sebi revised governance norms under Clause 49.

19 Aug 2017

Vishal Sikka’s resignation evokes mixed reaction among Infosys employees

Employees have a mixed reaction about resignation of Infosys CEO Vishal Sikka.

19 Aug 2017

Jaitley asks states to cut VAT on petroleum products

Finance Minister Arun Jaitley has shot off a letter to all chief ministers asking them to cut sales tax or value-added tax on fuels like natural gas that have been kept out of the goods and services t

19 Aug 2017

Vishal Sikka. (PTI File Photo)
Short-term setback for Infosys, say analysts after CEO Vishal Sikka's exit

With Infosys’ first non-founder CEO Vishal Sikka calling it quits, IT analysts believe that his resignation will be a near term dampener, however going forward the stock will overcome the setback and

19 Aug 2017