Former prime minister Manmohan Singh on Saturday said the Congress’ ‘Nyay’ minimum income guarantee scheme will not generate any new taxes and help restart the “economic engine” which has come to a... Read more »
The government sets to raise around Rs 1,500 crore from initial public offerings (IPOs) of two railway companies — IRCTC and IRFC — by September, an official said. The finance ministry earlier... Read more »
Amid the potential takeover of the company by L&T, Mindtree’s board Wednesday agreed to pay a special dividend to its shareholders, including promoters, that along with regular dividend and tax components would... Read more »
The Securities and Exchange Board of India’s (SEBI) notifications dated May 30, 2018, and September 19, 2018, under the SEBI (Credit Rating Agencies) Regulations, 1999, have mandated the segregation of Ratings and... Read more »
CRISIL believes the Indian telecom industry will reverse a two-year declining trend with a 7% revenue growth in fiscal 2020. The turnaround will ride on an increase in average revenue per user... Read more »
Cairn Oil & Gas, a part of Vedanta, on Tuesday has appointed Ajay Kumar Dixit as its Chief Executive Officer. Ajay succeeds Sudhir Mathur, who after seven successful years with the company,... Read more »
This is the summer of Reliance Industries. India’s largest firm by market capitalisation is expected to announce market beating results even as the world’s largest oil producer Aramco is seeking a stake... Read more »
FMCG major Nestle wishes to seek shareholders’ approval every five years for royalty payment to its Swiss parent firm Societe des Produits Nestle SA, after receiving their feedback over the issue. In... Read more »
The Income-Tax Department Tuesday said it has been conducting search warrants at about a dozen premises in Karnataka on charges of tax evasion. The raids are being conducted in state capital Bangalore,... Read more »
The Enforcement Directorate on Monday rejected the bail plea of Sushen Mohan Gupta, alleged defence agent arrested in the AgustaWestland VVIP choppers scam, saying there was a likelihood of him fleeing the... Read more »