Timsy Jaipuria

Sources say SBI wrote a letter in May to RBI expressing serious concerns with regards to chronic cash shortage for quite some time now.

Banking Gyan Sangam deferred, likely to be held after June

The Banking Gyansangam that has been a routine affair for the past two years has been deferred. Primarily because of rising non-performing assets (NPAs), the mergers which are on the cards and a lot of capital infusion that is pending for the banks.

Government to miss direct tax collection target for FY17

The government is likely to miss direct tax collection target for FY17. CNBC-TV18's Timsy Jaipuria decodes the details.

India a key mkt; targeting 10-15% sales globally: H&M

Speaking to CNBC-TV18‘s Timsy Jaipuria, Einola said that India is one of its key market. “Our business idea and quality at the best price in a sustainable way works in India market,” he added.

DLF in talks with GIC to sell 40% stake in Cyber City

DLF, one of India's largest realty developer, is in talks with GIC for a 40 percent stake sale in its rental commercial property arm, DLF Cyber City.

Upcoming Budget is likely to be taxpayer friendly: Sources

The Budget 2017 is likely to be taxpayer friendly to soothe pain of the cash crunch scheme implemented in November this year, sources have told CNBC-TV18. The focus could be on sectors like agriculture, micro, small & medium enterprises and housing.

After raids, taxmen keep tabs on banks with high deposits: Srcs

Bank branches with high deposits are under the I-T department and ED's scanner, where the watchdogs are likely to conduct internal assessment.