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Watchdog comes to homebuyers' rescue, asks builder to pass on GST benefits
After the GST rollout, 12 per cent tax was levied on the construction service, which was further reduced to 8 per cent from January 25, 2018
News digest: Samara-Amazon bags More, YES Bank MD's tenure, and more
Aditya Birla Group exits food and grocery retail business
India banks to plan resolving $19 bn power sector debt on Thursday
The decision is the latest in a tussle between power project developers, lenders and the Reserve Bank of India
Amazon runs into copyright issues over its flagship campaign 'Apni Dukaan'
Pune-based businessman Ravi Jain, who registered apnidukaan.com as a domain name back in 2007, wants Amazon to stop using the campaign
Samara-Amazon bags Aditya Birla Group's retail chain More for Rs 42 bn
Aditya Birla Group exits food and grocery retail business
Life Healthcare to sell entire 49.7% stake in Max Healthcare for $293 mn
Investment firm KKR, through its portfolio company Radiant Life Care Private Limited, will buy more than 266 million shares in Max Healthcare at 80 rupees per share
IL&FS liquidity crisis: Lenders yet to take stock of situation
The gross debt of IL&FS Ltd stood at Rs 910 billion
Madras High Court allows Ola to operate at Chennai Central for 6 months
The court allowed Ani Technologies to operate cab services for a period of 6 months by paying Rs 4 mn as licence fee
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Trump nominates ex-Fed economist Liang for Fed board seat - officials
U.S. President Donald Trump on Wednesday nominated former Federal Reserve economist Nellie Liang to the U.S. central bank’s board of governors, two White House officials said.
Don't rip Britain apart, May appeals to fellow EU leaders on Brexit
Prime Minister Theresa May appealed directly to fellow European leaders on Wednesday to drop "unacceptable" Brexit demands that she said could rip Britain apart, and urged the bloc to respond in kind to her "serious and workable"
S&P 500, Dow up as rising treasury yields boost banks
The S&P 500 and the Dow Jones industrial average rose on Wednesday, with the Dow hitting its highest closing level since late January as rising Treasury yields boosted the financial sector and trade worries subsided.
Nike's Kaepernick ad spurs spike in sold-out items
Nike Inc has sold out 61 percent more merchandise since the controversial ad campaign featuring former NFL player Colin Kaepernick appeared earlier this month, according to data on the company's online sales from Thomson Reuters
World stocks rally for a second day, setting aside trade fears
World stock markets rallied for a second straight day on Wednesday, while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows on bets the ongoing U.S.-China trade spat would inflict less damage tha
Amazon considering opening up to 3,000 cashierless stores by 2021 - Bloomberg
Amazon.com Inc is considering a plan to open as many as 3,000 new Amazon Go cashierless stores in the next few years, Bloomberg reported on Wednesday, citing people familiar with the matter.
U.S. oil prices surge as inventory draw adds to supply concerns
U.S. oil futures surged nearly 2 percent on Wednesday as they were bolstered by a fifth weekly crude inventory drawdown and strong domestic gasoline demand amid ongoing global supply concerns over U.S. sanctions on Iran that come
DoubleLine's Gundlach warns U.S. Treasury yields headed higher
Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in a row.
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Global Airline Alliances: Convenience or Complaints?

  Airline alliances help travellers fly seamlessly with different airlines during a single journey without having to make different bookings for each stop. Though the alliances aim to offer convenience, they often breed consumer dissatisfaction with the services provided by partner airlines. What factors lead to service quality variations among partner airlines? How can airline alliances promote customer satisfaction? Read more


Next gen in liquor businesses: In good spirits

  The new generation leaders at three family-owned liquor businesses are trying to reassert their storied brands and create new niches Read more


The CDL is home to the greatest concentration of AI-based companies: Ajay Agrawal

  Ajay Agrawal, the founder of the Creative Destruction Lab describes its moonshot mission to create a Canadian AI ecosystem. Read more


Dunzo: Google's chosen one

  Internet search giant leads ₹75 crore in Bengaluru-based Dunzo, its first direct investment in a homegrown startup Read more


Forbes India Conversations: From globalisation to glocalisation

  Interconnectedness in the world is at an all-time high and experts believe technology is bringing businesses ever closer Read more


Good corporate governance always pays off: Vladislava Ryabota

  Infosys among top three companies on IFC India scorecard despite recent controversies Read more


India Inc improves corporate governance standards: IFC report

  Key findings from IFC's second year of rating the country's companies Read more


In the old days, you could buy talent with money: Damien O'Brien

  Damien O'Brien, chairman of executive search firm Egon Zehnder, talks about the evolution of company boards and identifying new leaders Read more


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Pay daily or we’ll turn off fuel supply: Oil cos to Air India
Pay daily or we’ll turn off fuel supply: Oil cos to Air IndiaAir India buys fuel worth about Rs 20 crore daily, which the carrier has not been able to pay in full.
Why KM Birla is loving the bad loan mess
Why KM Birla is loving the bad loan messIn the wake of new bankruptcy law, flood of assets are expected to be put up for sale.
Indian economy might topple US by 2050
Indian economy might topple US by 2050India may be quite close to US in 11 years and jump significantly ahead by 2050.
Ram Temple should be built at earliest: Bhagwat
Ram Temple should be built at earliest: BhagwatThe RSS chief also demanded that the Ram temple in Ayodhya should be "built at the earliest".
BJP may have got the antidote of Congress
BJP may have got the antidote of CongressChristian Michel James, is a British businessman active in the Indian defence sector when the scam was exposed.
Income Tax dept conducts survey of Jet Airways
Income Tax dept conducts survey of Jet AirwaysAllegations have also been made that the airline siphoned off money under the guise of selling and distribution expenses and other means with companies privately owned by the promoter.
This pet project of Modi govt has a big issue
This pet project of Modi govt has a big issueThe poor progress of the smart metering initiative under UDAY raises serious concerns.
Guj MLAs' salary increases by at least Rs 45,000
Guj MLAs' salary increases by at least Rs 45,000The revised salaries will come into effect retrospectively from February 2017, with a disbursal of Rs 6 crore in arrears.
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Maharashtra may hike IMFL duty so as to cut taxes on petrol, diesel: Official
Maharashtra may hike IMFL duty so as to cut taxes on petrol, diesel: Official The duty on IMFL has not been reviewed since 2013, a senior official of the state excise department said on the condition of anonymity.

RSS supports reservation, law on atrocities against Scheduled Castes: Mohan Bhagwat
RSS supports reservation, law on atrocities against Scheduled Castes: Mohan Bhagwat Bhagwat further said there is a need for bringing the backward sections of the society on par. The ones at the top will bend down and those below will try to rise.

State Bank of India raises $650 m in maiden green bond sale
State Bank of India raises $650 m in maiden green bond sale The five-year dollar money is priced at the US treasury plus 165 basis points, while from for a British investor the coupon will be 3 Libor plus 151 bps.

Banks led by SBI had asked ArcelorMittal to clear dues of two firms: NuMetal to SC
Banks led by SBI had asked ArcelorMittal to clear dues of two firms: NuMetal to SC SC had asked NuMetal to establish that there was "subterfuge" on part of rival ArcelorMittal in divesting its shares in two debt-ridden firms before bidding for Essar Steel

NCLAT sets aside Rs 87 crore CCI penalty on Hyundai Motor
NCLAT sets aside Rs 87 crore CCI penalty on Hyundai Motor A three-member bench of the National Company Law Appellate Tribunal (NCLAT) headed by Chairman Justice S J Mukhopadhaya said the CCI order against Hyundai Motor was "not based on any specific evidence".

Sealing drive: Vijay Goel to meet SC-appointed monitoring committee over #39;irregularities#39;
Sealing drive: Vijay Goel to meet SC-appointed monitoring committee over #39;irregularities#39; During a protest against the alleged arbitrary sealing in Trinagar in northwest Delhi, Goel said there were complaints that shops were sealed even after their owners paid conversion charges to municipal corporations.

Gujarat: Congress#39; no-trust motion admitted but no discussion held
Gujarat: Congress#39; no-trust motion admitted but no discussion held Congress#39;s chief whip Shailesh Parmar tabled the motion and Speaker Rajendra Trivedi admitted it since it had the support of more than 17 MLAs, as required by the rules.

Lender banks cannot be left hanging for forever: SC
Lender banks cannot be left hanging for forever: SC The bench also made it clear that if the resolution plans fails to take off, then the NPA firm needed to be wound up to ensure that the banks get their dues.

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Aditya Birla arm enters women innerwear segment
Aditya Birla Fashion and Retail has forayed into the ?16,000 crore Women’s Innerwear & Athleisure (athletic-leisure) market by introducing a linge
I-T conducts surveys at Jet’s offices
The Income Tax (I-T) Department on Wednesday conducted surveys at the offices of Jet Airways in Mumbai and Delhi to look into the accounts for verific
Rationalisation of CS schemes mooted
Many Centrally Sponsored Schemes are boutique in nature, with ‘dubious’ outcomes: N.K. Singh
‘Liquidity issues at IL&FS credit negative for banks’
Debt accounts for 0.5%-0.7% of overall bank loans: Moody’s
Samara Capital buys Aditya Birla Retail
Deal values retail major at ?4,200 cr.
10 public lenders get CEOs
SBI deputy MD Karnam Sekar appointed Dena Bank chief
ECB norms eased to stem rupee fall
The RBI has eased norms for raising funds through external commercial borrowing in a move seen to arrest the sharp fall in the rupee. The decision is
Insolvency cases: SC to decide when to step in
May have to lay down laws: apex court
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Sebi cuts mutual fund fees, bats for small investors - Economic Times

Economic Times

Sebi cuts mutual fund fees, bats for small investors
Economic Times
Mumbai: The Securities and Exchange Board of India (Sebi) has cut the fees that mutual funds charge investors for handling their money, modified the consent mechanism for securities market offenders and introduced rules for mandatory debt market ...
Sebi lowers expenses for mutual fund investors, bars upfront commissiondomain-B
AMCs take a hit, shares plunge up to 11 pc on Sebi moveIndia.com News
HDFC AMC, Reliance Nippon shares slump as Sebi cuts mutual fund expense ratioLivemint
Business Today -Morningstar India -Firstpost -Business Insider India
all 81 news articles »

Closing Bell: Sensex ends over 160 points lower, Nifty gives up 11250; banks, FMCG names drag - Moneycontrol.com

Moneycontrol.com

Closing Bell: Sensex ends over 160 points lower, Nifty gives up 11250; banks, FMCG names drag
Moneycontrol.com
Market at Close: Equity benchmarks ended a volatile trading day in the red, with the Nifty giving up 11,250-mark. The Sensex ended over 169 points lower. A selloff among major sectors such as banks, automobiles, and FMCG and a larger selling pressure ...
After Market: 132 stocks hit 52-week lows; metal pack ralliesEconomic Times
Markets reel for third day on macro valuation worries FMCG bank stocks weighTHE WEEK
Trade tensions dent indices; equities slip for third consecutive dayNew Kerala

all 555 news articles »

Samara-Amazon acquires Kumar Mangalam Birla's More retail chain - Economic Times

Economic Times

Samara-Amazon acquires Kumar Mangalam Birla's More retail chain
Economic Times
KOLKATA: Samara Capital and Amazon have just signed the deal to acquire Aditya Birla Group's food and grocery retail chain, More, for an enterprise valuation of around Rs 4,200 crore, two senior industry executives said. The deal signing process ...
Samara Capital buys Aditya Birla RetailThe Hindu
Amazon, Samara Capital buy Aditya Birla Group's retail chain More for Rs 4200 croreMoneycontrol.com
Birla group sells 'More' chain to Amazon-SamaraThe Hindu BusinessLine
NDTV -The New Indian Express -Business Standard -Nikkei Asian Review
all 69 news articles »

Rupee Rebounds From Lifetime Low: 10 Things To Know - NDTV

NDTV

Rupee Rebounds From Lifetime Low: 10 Things To Know
NDTV
The Indian rupee rebounded from its all-time low by rising 28 paise to 72.70 against the US dollar in early trade on Wednesday at the Interbank Foreign Exchange market, reported news agency Press Trust of India (PTI). The Indian currency recovered on ...
Rupee Rebounds 61 Paise Against Dollar, Logs Best Single-day Gain in 18 MonthsNews18
Rupee depreciation 72-fold since India's Independence: What to infer?Forbes India
Rupee ends slightly higher at 72.37 against dollarZee News
Sify News -Global Times -Zee Business -United News of India
all 172 news articles »

RBI wants Yes Bank to find Rana Kapoor's replacement - Livemint

Livemint

RBI wants Yes Bank to find Rana Kapoor's replacement
Livemint
Mumbai: The banking regulator has asked Yes Bank Ltd to end Rana Kapoor's tenure as managing director and chief executive on 31 January, disregarding the bank's plea to extend his term by three years. The Reserve Bank of India (RBI) has also asked the ...
RBI trims Rana Kapoor's term as Yes Bank CEOTimes of India
RBI Allows Rana Kapoor To Continue As Yes Bank CEO Till January 31NDTV
Rana Kapoor to serve as YES Bank CEO till Jan 31The Hindu BusinessLine
Times Now -Reuters -Fortune India -CNBCTV18
all 66 news articles »

Flipkart Cashless Credit Introduced, Gives Buyers an Instant Credit Line Up to Rs. 60000 - NDTV

NDTV

Flipkart Cashless Credit Introduced, Gives Buyers an Instant Credit Line Up to Rs. 60000
NDTV
Flipkart has announced a new payment option, called Cardless Credit, just days after Amazon India launched its own Amazon Pay EMI credit option. It offers the same 'up to Rs. 60,000' instant credit, is said to be a continuation of the company's fintech ...
Ahead of festive season, Flipkart introduces 'cashless credit' up to Rs 60000 and you don't need a credit cardDaily News & Analysis
Flipkart launches a credit line for customersEconomic Times
Flipkart introduces 'Cardless Credit' to help customers buy now and pay laterBGR India
Tamebay
all 13 news articles »

Govt appoints MDs, CEOs in 10 nationalised banks; 5 from SBI alone - Economic Times

Economic Times

Govt appoints MDs, CEOs in 10 nationalised banks; 5 from SBI alone
Economic Times
Mrutyunjay Mahapatra and Padmaja Chundru are among five deputy managing directors in State Bank of India who have been appointed as managing director and chief executive officer of Syndicate Bank and Indian Bank respectively, according to an official ...
Government appoints MD and CEO at 10 public sector banksMoneycontrol.com
Modi govt appoints MDs, CEOs of 10 state-owned banks; 5 of them working as SBI's deputy managing directorsIndia TV
Government appoints MD&CEO in 10 PSU banksThe Quint
BloombergQuint
all 48 news articles »

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Pay daily or we’ll turn off fuel supply: Oil cos to Air India
Pay daily or we’ll turn off fuel supply: Oil cos to Air IndiaAir India buys fuel worth about Rs 20 crore daily, which the carrier has not been able to pay in full.
Why KM Birla is loving the bad loan mess
Why KM Birla is loving the bad loan messIn the wake of new bankruptcy law, flood of assets are expected to be put up for sale.
Indian economy might topple US by 2050
Indian economy might topple US by 2050India may be quite close to US in 11 years and jump significantly ahead by 2050.
Ram Temple should be built at earliest: Bhagwat
Ram Temple should be built at earliest: BhagwatThe RSS chief also demanded that the Ram temple in Ayodhya should be "built at the earliest".
BJP may have got the antidote of Congress
BJP may have got the antidote of CongressChristian Michel James, is a British businessman active in the Indian defence sector when the scam was exposed.
Income Tax dept conducts survey of Jet Airways
Income Tax dept conducts survey of Jet AirwaysAllegations have also been made that the airline siphoned off money under the guise of selling and distribution expenses and other means with companies privately owned by the promoter.
This pet project of Modi govt has a big issue
This pet project of Modi govt has a big issueThe poor progress of the smart metering initiative under UDAY raises serious concerns.
Guj MLAs' salary increases by at least Rs 45,000
Guj MLAs' salary increases by at least Rs 45,000The revised salaries will come into effect retrospectively from February 2017, with a disbursal of Rs 6 crore in arrears.
1111
  Home Page Show All 
Watchdog comes to homebuyers' rescue, asks builder to pass on GST benefits
After the GST rollout, 12 per cent tax was levied on the construction service, which was further reduced to 8 per cent from January 25, 2018
News digest: Samara-Amazon bags More, YES Bank MD's tenure, and more
Aditya Birla Group exits food and grocery retail business
India banks to plan resolving $19 bn power sector debt on Thursday
The decision is the latest in a tussle between power project developers, lenders and the Reserve Bank of India
Amazon runs into copyright issues over its flagship campaign 'Apni Dukaan'
Pune-based businessman Ravi Jain, who registered apnidukaan.com as a domain name back in 2007, wants Amazon to stop using the campaign
Samara-Amazon bags Aditya Birla Group's retail chain More for Rs 42 bn
Aditya Birla Group exits food and grocery retail business
Life Healthcare to sell entire 49.7% stake in Max Healthcare for $293 mn
Investment firm KKR, through its portfolio company Radiant Life Care Private Limited, will buy more than 266 million shares in Max Healthcare at 80 rupees per share
IL&FS liquidity crisis: Lenders yet to take stock of situation
The gross debt of IL&FS Ltd stood at Rs 910 billion
Madras High Court allows Ola to operate at Chennai Central for 6 months
The court allowed Ani Technologies to operate cab services for a period of 6 months by paying Rs 4 mn as licence fee


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