Guj govt rebuts Cong, says no underhand dealing in gas field
In a strong rebuttal to
allegations of scam in sale of KG gas field, the Gujarat
government has said there is no "underhand" dealing as the
field is being transfered from one PSU to another, and the
country's asset continues to be with the public sector.
Tour operators seek tax sops for inbound trips
Travel and tour operators want
the government to exempt service tax on foreign exchange
earned on inbound tours in the upcoming Budget.
Rework report on farm sector: PM to group of secretaries
Unhappy with the presentation
made on agriculture and the allied sector, Prime Minister
Narendra Modi has recently directed a group of secretaries to
rework and come up with effective solutions to address the
problems plaguing the sector.
Rajeev Singh to take charge as interim CEO of Prasar Bharati
Rajeev Singh, Member (Finance) in
Prasar Bharati Board, will take charge as interim CEO of the
public broadcaster after S C Panda retires in February.
PFRDA bars third party payments in Tier II accounts of NPS
To check misuse of NPS, regulator
PFRDA has said contribution to savings account (also called
Tier-II account), which is attached to pension funds, can only
be made by the subscriber and not by any third party.
Sebi streamlines norms for mergers involving listed companies
To protect the interest of public
shareholders, Sebi will strengthen the regulations for mergers
whereby very large unlisted companies would be restrained from
getting listed by merging with a very small company.
Sony Entertainment CEO exiting for a top role at Snap
Lynton will give up his current position at Sony's movie and television unit on February 2 but remain as co-CEO for six months to help find a successor, Japanese conglomerate Sony Corp said in a statement on Friday.
Law for healthcare rights is need of hour: Ansari
Underlining the urgent need for a
law that covers healthcare rights, Vice President Hamid Ansari
today said there is evidence to suggest that investment in
preventive healthcare may be politically less rewarding in a
democracy like India in comparison to providing specialised
healthcare.
PM-headed committee to meet on Monday to decide on CBI chief
A committee, headed by Prime
Minister Narendra Modi, will meet on Monday to select the next
CBI chief, a post which is lying vacant for some time.
'Probe will be ordered into work orders by rural devpt dept'
Maharashtra Chief Minister
Devendra Fadnavis today said a probe would be ordered into the
allegations that rural development department had issued work
orders worth Rs 255 crore without following proper tendering
process during 2016-17.
BSNL Launches "Sanchar Aadhar" for Aadhar Based eKYC and Digital Customer Engagement
BSNL the national carrier, having the largest network across India with highest rural penetration recognizes the need to deliver consistent and ...
SkillVeri raises Rs 8 cr from Dell Foundation, Ankur Capital
Michael & Susan Dell Foundation
and impact investor Ankur Capital have invested Rs 8 crore in
Chennai-based startup SkillVeri.
Demonetisation, GST to make society tax compliant: Jaitley
Terming disruption caused by
demonetisation as transient, Finance Minister Arun Jaitley
today said the move together with GST rollout will boost the
Indian economy and make the "substantially" non tax-compliant
society more compliant.
Ford bets on Mustang to power up China profits
Ford began selling the Mustang in China in early 2015, and it is a niche vehicle, selling at a rate of about 3,000 cars a year. Still, that makes the Mustang, which starts at 399,800 yuan (USD57,670) the top-seller in a sporty car segment against more expensive vehicles like the Audi TT and the Nissan Skyline GT-R.
Uflex Unveils ASEPTOâ„¢, its Much Awaited Aseptic Liquid Packaging Brand
The wait is finally over! India’s largest multinational flexible packaging materials and Solution Company Uflex has unveiled ...
ICICI Bank carries out maiden bill discounting on RXIL
Largest private sector lender
ICICI Bank today said it has carried out the country's first
digitised invoice discounting on the Receivables Exchange of
India (RXIL), in which it is an investor.
Note ban: SBI chief says situation will normalise by Feb-end
State Bank of India Chairman
Arundhati Bhattacharya today said the prevailing situation
arising out of demonetisation will get normalised by
end-February, emphasising the need to promote digitisation of
economy.
Musafir.com appoints Rajesh Pareek as Group CEO
Online Travel Agency Musafir.com
has appointed Rajesh Pareek as Group CEO, as the company gears
up for its first major round of funding.
Ashley Tellis could be next US envoy to India: Report
Mumbai-born Ashley Tellis, a
former White House official and renowned India expert, could
be appointed the next US ambassador to New Delhi by President-
elect Donald Trump who is preparing his own pivot to Asia
policy, a media report said.
BHEL bags order to build high voltage substations in Karnataka
State-run BHEL has bagged a Rs
96-crore order from Power Grid Corp for augmentation of three
Extra High Voltage (EHV) sub-stations on turnkey basis in
Karnataka.
Funeral aid for SC families to be paid via electronic mode
In line with the Centre's
objective of promotion of payments through digital means, the
Puducherry government has said the financial assistance for
the funeral expenses of scheduled caste families here would be
paid through electronic mode or Aadhar payment bridge.
PropTiger, Housing.com announce merger, to raise USD 55 mn
In a major consolidation in the
online realty space, PropTiger.com and Housing.com today
announced a merger to create India's largest online real
estate services company and the joint entity will raise USD 55
million of fresh investment.
Mutual funds see Rs 2.86 lakh cr inflow in 2016
Investors have pumped in Rs 2.86
lakh crore into various mutual fund schemes in 2016, with
'liquid' and income funds attracting the most of the inflows.
Cipla appoints Peter Lankau as independent director
Cipla appoints Peter Lankau as independent director
I-T probes Rajkot bank that got suspicious Rs 871cr deposits
The Income Tax department has
detected huge alleged discrepancies in the transactions of a
Rajkot-based cooperative bank where Rs 871 crore deposits were
made, over 4,500 new accounts opened and more than five dozen
accounts having same mobile number initiated, making it one of
the biggest cases of black fund generation post November 8.
