BUSINESS
Where there is Budget, there are experts… and also ‘non-experts’
Watch the Non-Experts present the other side of Budget 2018 where they talk about most crucial aspects that affect the common man
BUSINESS
Kotak Mahindra Bank looks to divest stake in MCX
Sources say that BSE may be one of the interested players to buy the stake from Kotak Mahindra Bank.
BUSINESS
The government has halted minting of Rs 1, 2 & 5 coins — here’s why
While the production halt won’t create a shortage of coins, the move will affect the livelihood of employees at the country’s currency mints.
BUSINESS
I-T Dept unable to make headway in Paradise Papers probe
While the investigation is still on and the government is trying to track the transactions, I-T Department has not been able to find any major violations.
BUSINESS
Hope Universal Exchange does not result in telecom-like race to bottom: MCX MD
While admitting that there may be severe competitive pressure once other players enter the fray, MCX MD, Mrugank Madhukar Paranjape feels pricing alone cannot be the clinching factor
BUSINESS
GST officials conduct raids on angadias to crack down on jewellers, traders for tax evasion
GST officials expect tax evasion worth over Rs 300 crore through the angadia route. The department has booked more than 200 angadia operators from Mumbai Central railway station.
BUSINESS
SEBI may open up commodities market to FIIs, mutual funds, PMS by March
The move may help companies with a global presence to hedge their positions.
BUSINESS
Centre may tweak the Benami Transactions Act during Budget session
The Benami Transaction Act was first introduced in 1988, amendment to which was proposed in May 2015. The amendment bill was passed in 2016.
BUSINESS
FinMin not in favour of immediate disclosure of term loan defaults to bourses
SEBI had proposed that listed companies should pay the default on a term loan within one working day.
BUSINESS
SEBI may give 30-day window for cos to disclose short term loan defaults
The regulator is confident that it will be able to implement the rule of working capital loan defaults before the end of this financial year.
BUSINESS
SEBI begins searches in the WhatsApp leak case
SEBI has done searches in Mumbai, Delhi and Bengaluru, however, most of them have been conducted in Mumbai
BUSINESS
SEBI seeks views of exchanges, clearing corps on interoperability issue
The issue of interoperability resurfaced after National Stock Exchange reported a technical glitch on July 10
BUSINESS
SEBI has a big bang reform agenda for its last board meet before Budget
SEBI is expected to review regulatory framework for credit rating agencies and finalise norms for listing of Securities Receipts of Asset Restructuring Companies at its next board meeting.
POLITICS
Battleground Gujarat: Ground report captures disaffection with BJP but love for Modi
With the election campaign in Gujarat reaching a crescendo, few would have initially thought the polls would be as bitterly-fought as they turned out to.
POLITICS
Rahul asks, BJP answers: Saffron party submits report card for 22-year Gujarat reign
The newly-elected Congress President had posted a series of questions on Twitter, challenging the ruling BJP to back up its development narrative.
BUSINESS
Gujarat Assembly Elections 2017: This constituency helped turn CM Modi into PM Modi
Moneycontrol visits Sanand, where Narendra Modi's decision to rescue Tata's dream of making a car for the common man cemented his image as a progressive leader.
POLITICS
Gujarat elections interview: ‘Modiji has destroyed the business acumen of country, serves only industrialists’
Congress spokesperson Randeep Surjewala says the party is confident of coming to power in Gujarat, a state the BJP has ruled for 22 years.
POLITICS
BJP may win Gujarat, but it is evident it won't be a cake walk this time
The view on the ground suggests that the party in power might have to cede some seats from its current tally as voters in Gujarat seem upset with recent government initiatives like GST and demonetisation.
BUSINESS
Gujarat election 2017: Cong's Anand Sharma says BJP giving polls a communal colour
Prime Minister Narendra Modi trained his guns on the Congress after party leader and lawyer Kapil Sibal asked the Supreme Court to defer hearing in the Ram Janmabhoomi case till after the 2019 general elections.
BUSINESS
5 commodity brokers under ED radar for exploiting RBI's overseas remittance scheme
These commodity brokers are said to have evaded taxes by misusing the liberalised remittance scheme or LRS under which all resident individuals, including minors, are allowed to freely remit up to USD 250,000 per financial year (April – March).
BUSINESS
MCA identifies 18 more shell cos which together deposited Rs 10,000 cr cash post DeMo
The Ministry of Corporate Affairs (MCA) has prepared the second list of 18 companies which deposited unusually large sums of cash in their bank accounts soon after demonetisation.
BUSINESS
Foreign investors may soon be allowed to trade in domestic commodities market
RBI has already given its approval for allowing foreign portfolio investors to trade in commodities.
BUSINESS
NSE co-location case: SEBI heat now on brokers who logged in first repeatedly
After a forensic audit, a Deloitte report also identified brokers who were second and third to log in to the server, but the focus is currently on those who had logged in first.
BUSINESS
Police book ATC Coin founder for diversion of funds from crypto business
Subhashchand Jewria is accused of diverting investor proceeds into his personal accounts and property.
