Jul 25, 2014 at 08:50 | Source: Moneycontrol.com
HDFC Mutual Fund bought 8,78,918 shares of Gammon India at Rs 27.50 on the BSE and 76,21,000 shares at Rs 27.30 on the NSE.
Jul 24, 2014 at 11:16 | Source: Moneycontrol.com
The cabinet has approved raising foreign direct investment (FDI) limit in insurance sector to 49 percent from 26 percent earlier. Finance Minister Arun Jaitley in his maiden Union Budget 2014 had proposed to hike FDI in insurance.
Jul 22, 2014 at 18:50 | Source: Moneycontrol.com
In January 2012, Life Healthcare had invested Rs 50.24 per share, translating to Rs 516.5 crore, to acquire a 26 percent stake in Max Healthcare. The current transaction will lead to equalization of stake of both joint venture partners as envisaged in their original JV agreement.
Jul 14, 2014 at 14:29 | Source: Moneycontrol.com
Move towards "Health for All", the creation of a free drug service and free diagnostic service for people who cannot afford medical aid is commendable.
Jul 11, 2014 at 16:55 | Source: Moneycontrol.com
FDI limits have been enhanced in Insurance and Defence. Various initiatives have been announced to increase ease of doing business and remove uncertainties on the taxation front.
Jul 11, 2014 at 15:06 | Source: Moneycontrol.com
Sujay Shetty of PwC India gives their take on Arun Jaitelys maiden Union Budget and their outlook on the road ahead for the Modi government.
Jul 10, 2014 at 08:05 | Source: Moneycontrol.com
Hopes are high that the new finance minister may announce tax sops for individuals. But in the face of high spending and low revenues sticking within the fiscal deficit limit outlined in the interim budget could itself be a challenge -- how will the FM pull this off?
Jul 09, 2014 at 13:55 | Source: Moneycontrol.com
If the income tax exemption limit is raised from Rs. 2 lakhs to Rs. 5 lakhs, it gives you another (atleast) another Rs. 30,000 (possibly more depending upon the next slabs). Using this money for important goals like your retirement or your childs wedding planning makes immense sense as youre currently managing without this additional amount.
Jul 07, 2014 at 17:33 | Source: Moneycontrol.com
The first step that the Government could take immediately would be to increase the tax exemption limit under Section 80D from INR 15,000 to INR 25,000 for individuals and an additional INR 25,000 for parents (INR 30,000 for parents who are senior citizens).
Jul 01, 2014 at 18:44 | Source: PTI
K Mishra, Managing Director and Chief Executive Officer, Tata AIG General Insurance, said that the company was focusing on health insurance for individuals, the emerging segment, and making efforts to bring some more critical illness into insurance fold