Tuesday, July 25, 2017
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NEWS
BUSINESS

Odisha issues guidelines on immigration matters
Bhubaneswar | Tuesday, 2017 9:45:04 PM IST
The Odisha government on Tuesday issued guidelines to address immigration issues pertaining to the state's residents employed in the Middle East and South-East Asian countries. ... read..


UP cancels police recruitment process after paper leak (Lead)
Lucknow | Tuesday, 2017 9:15:04 PM IST
The Uttar Pradesh government on Tuesday cancelled the complete recruitment process of Sub-Inspectors after allegations of paper leak, said Director General of Police Sulkhan Singh. ... read..


Assam seeks Rs 2,939 crore as interim flood relief
Guwahati | Tuesday, 2017 8:45:06 PM IST
The Assam government has sought an interim assistance of Rs 2,939 crore from the central government to deal with destruction caused by floods as an inter-ministerial team arrived in the state on Tuesday to assess the damage. ... read..


Wipro to offer IT infra solutions with HPE
Bengaluru | Tuesday, 2017 8:45:05 PM IST
Software major Wipro on Tuesday tied up with global IT major Hewlett Packard Enterprise (HPE) to offer IT infrastructure solutions to enterprises on pay-per-use billing. ... read..


Centre took steps to increase farmers' income: Minister
New Delhi | Tuesday, 2017 8:45:05 PM IST
Several steps like organic farming, crop insurance, and market reforms have been taken to enhance the income of Indian farmers, the government told the Lok Sabha on Tuesday. ... read..


NSE Nifty has potential to sustain beyond 10k: Experts
Mumbai | Tuesday, 2017 8:15:05 PM IST
The key Indian equity index -- NSE Nifty 50 -- has the potential to sustain beyond the 10,000-point mark, contingent on healthy quarterly results outcome, experts opined on Tuesday. ... read..


Arun Jaitley releases case study on GST
New Delhi | Tuesday, 2017 8:15:05 PM IST
Finance Minister Arun Jaitley on Tuesday released a case study on the birth of the Goods and Services Tax (GST) in India -- "The GST Saga: A Story of Extraordinary National Ambition". ... read..


Tinplate Co India works with Tata Steel Europe to improve operations
Kolkata | Tuesday, 2017 8:15:04 PM IST
Tata Steel subsidiary Tinplate Company of India Ltd, which is looking to undertake its business independently, has been working closely with Tata Steel Europe for the last eight-nine months for operational improvements, a company official said on Tuesday. ... read..


Vodafone-Idea merger transactions expected to be completed in 2018
New Delhi | Tuesday, 2017 8:15:04 PM IST
A day after the Competition Commission of India gave its nod to the Vodafone India-Idea Cellular merger, both companies in a joint statement said other statutory approvals were expected to come soon and the transaction will be completed during 2018. ... read..


GST Council panel to select National Anti-profiteering Authority
New Delhi | Tuesday, 2017 7:45:05 PM IST
The GST Council has formed a selection committee headed by the Cabinet Secretary to identify and recommend eligible persons for appointment as the chairman and members of the National Anti-profiteering Authority. ... read..


Reliance Energy detects hi-tech power thefts
Mumbai | Tuesday, 2017 7:45:05 PM IST
A vigilance team of Reliance Energy has busted a high-tech power theft case with implications of a much bigger racket operating across the country, an official said here on Tuesday. ... read..


SC asks Sahara to deposit Rs 1,500 cr to stall auction of Aamby valley
New Delhi | Tuesday, 2017 7:45:05 PM IST
The Supreme Court on Tuesday asked Sahara chief Subrata Roy to deposit Rs 1,500 crore - a part payment of Rs 24,000 crore that two group companies had raised from the investors - with market regulator Sebi to stall the auction of its lands in Aamby valley ... read..


AXELOS launches PRINCE2 2017, world's most widely used project management methodology in India
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-Newsvoir): AXELOS, announces the launch of PRINCE2 2017, the latest version of world's most widely used Project Management Methodology in India. ... read..


L&T Technology Services posts revenue at USD 128 mn; growth of 5.3 pct QoQ, 6.3 pct YoY
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-BusinessWireIndia): L&T Technology Services Limited (LTTS) has announced its results for the first quarter ended June 30, 2017. The company's quarterly revenue rose 6.3 percent Year-on-Year to USD 128 million, on the ba ... read..


No fresh dates yet for UP Police recruitment exams
Lucknow | Tuesday, 2017 7:15:05 PM IST
The Uttar Pradesh Police Recruitment Board is yet to come up with fresh dates for exams for the post of Sub-Inspectors which were cancelled earlier, an official said on Tuesday. ... read..


MS Paint to stay in new home: Microsoft
San Francisco | Tuesday, 2017 6:45:06 PM IST
After receiving massive support that poured in for MS Paint after it was reported that Microsoft is 'killing' the 32-year-old popular app, the company has clarified that the app will have a new home in Windows Store where it will be available for free. ... read..


Vedanta Q1 net doubles to Rs 1,525 cr on better margins
Mumbai | Tuesday, 2017 6:45:06 PM IST
Natural resources major Vedanta Ltd on Tuesday reported a more than doubling of its consolidated net profit to Rs 1,525 crore for the first quarter ended June 2017 on the back of better margins on most of the metals mined by the company. ... read..


BRICS Youth Forum opens in Beijing
Beijing | Tuesday, 2017 6:45:06 PM IST
The 2017 BRICS Youth Forum opened here in China on Tuesday to discuss youth development in the BRICS member-nations. ... read..


Bharti Airtel's Q1 net profit drops 75 per cent
New Delhi | Tuesday, 2017 6:45:06 PM IST
Bharti Airtel's consolidated net profit for the 2017-18 first quarter (April-June) dropped by 75 per cent, a company statement said here on Tuesday. ... read..


Nifty climbs Mount 10k, but slips from the peak (Roundup)
Mumbai | Tuesday, 2017 6:45:06 PM IST
After months of anticipation, the key Indian equity index -- NSE Nifty 50 -- climbed the 10,000-point-mark for the first time in its almost 22-year history. ... read..


Equity markets close flat; Sensex, Nifty scale new intra-day highs (Roundup)
Mumbai | Tuesday, 2017 6:15:04 PM IST
Erasing morning gains, the Indian equity markets on Tuesday closed on a flat note with marginal losses as investors booked profits. However, both the NSE Nifty and the BSE Sensex scaled fresh highs during intra-day trade. ... read..


Hero MotoCorp posts Rs 914 crore net profit
Mumbai | Tuesday, 2017 6:15:04 PM IST
Two-wheeler major Hero MotoCorp Ltd. on Tuesday reported a net profit of Rs 914 crore for the quarter ended June 30, 2017. ... read..


Sunil Kant Munjal led Hero Enterprise commits to invest USD 10 mn in Corvi LED light
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-NewsVoir): Sunil Kant Munjal led Hero Enterprise has committed a strategic stake and shall invest USD 10 million in Corvi LED Light, a pioneering and technology-reshaping consumer lighting firm based in Mumbai that already ... read..


SMEV welcomes Centre's move to provide big boost to electric vehicles industry
New Delhi [India] | July 25, 2017 12:01:13 AM IST
Reacting at the Union Cabinet move to push electric mobility in the country, Society of Manufacturers of Electric Vehicles (SMEV), Director- Corporate Affairs Sohinder Gill said that the government should immediately kick start the mass adoption of EVs in ... read..


Axis Bank net down 16 per cent, NPA increases
Mumbai | Tuesday, 2017 5:45:05 PM IST
Privately owned Axis Bank on Tuesday reported a 16 per cent fall in its net profit for the quarter ended June 30, as compared to the same period of the previous year. ... read..


Nifty@10K: Long-term bullish, short-term cautious (Special to IANS)
Mumbai | Tuesday, 2017 5:45:05 PM IST
The NSE Nifty 50 hitting the key milestone of 10,000 points has happened, although briefly. ... read..


Modi to conduct aerial survey of flood-hit Gujarat (Lead) (With Images)
Ahmedabad | Tuesday, 2017 5:15:04 PM IST
Prime Minister Narendra Modi on Tuesday conduct an aerial survey of the flood situation in Gujarat. ... read..


Shardul Amarchand Mangaldas advises GE on sale of stake in Indian cards business
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-NewsVoir): Shardul Amarchand Mangaldas & Co. (SAM & Co.) advised affiliates of GE in relation to the sale of their entire shareholding in their Cards business in India. ... read..


25 bps repo rate cut likely in August 2017 policy review, says ICRA
New Delhi [India] | July 25, 2017 12:01:13 AM IST
Credit rating agency ICRA has anticipated that the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) would reduce the repo rate by 25 basis points (bps) in the upcoming policy review in August 2017. ... read..


Indian economic reform infusing confidence in investors
New Delhi [India] | July 25, 2017 12:01:13 AM IST
With the National Stock Exchange's (NSE) Nifty crossing the 10,000 mark earlier today, market analysts believe that this new feat can be attributed to the ongoing economic reforms in the country, which is infusing confidence among investors. ... read..


Centre initiates promotion of electric vehicles; aims at boosting mobility
New Delhi [India] | July 25, 2017 12:01:13 AM IST
With a view to provide impetus to domestic manufacturing of hybrid and electric vehicles (collectively termed as XEVs), the Government of India approved the National Mission on Electric Mobility in 2011 and subsequently National Electric Mobility Mission ... read..


Defeating Diarrhea: integration is the solution
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-NewsVoir): Tomorrow, July 26, at 3:00 p.m. in Tamarind Hall at India Habitat Centre, PATH's Defeat Diarrheal Disease Initiative (DefeatDD) will convene thought leaders on child health in India at an event titled, "Defeating ... read..


Yupp TV partners with Flowers TV, latter now available in North America
New Delhi [India] | July 25, 2017 12:01:13 AM IST
Global leader of Over-the-top content (OTT) YuppTV on Tuesday announced that it has entered into an exclusive partnership with FlowersTV, for the expat community in North America. ... read..


Highway sector requires Rs. seven lakh crores investment for next five years
New Delhi [India] | July 25, 2017 12:01:13 AM IST
The Ministry of Road Transport and Highways has estimated a fund requirement of about Rs. 6.92 lakh crore for the development of National Highways in the country during the next five years. ... read..


Aditya Birla Fashion, Retail's Van Heusen Innerwear and Athleisure embarks on a National Expansion Plan
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-NewsVoir): India's fashion power-house, Aditya Birla Fashion and Retail Ltd.'s Van Heusen Innerwear and Athleisure business today announced a pan India growth plan in this emerging segment. Since its foray last year, Van He ... read..


For Raksha Bandhan 2017: Rakhibazaar.com is emerging as a much preferred online rakhi store!
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-BusinessWireIndia): RakshaBandhan is one of the most auspicious occasions in the Hindu tradition. The festival has originated in the Indian soil, but it has gained prominence across the globe. ... read..


19 percent of India's population financially excluded: Study
New Delhi [India] | July 25, 2017 12:01:13 AM IST
Despite a strengthened institutional credit network, a study conducted by ASSOCHAM and EY has highlighted major lag in terms of financial services in the country, with 19 percent of the ... read..


Jugnoo becomes finalist in K-Startup grand challenge in Korea
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-NewsVoir): Jugnoo, India's leading hyperlocal startup, is all set to create its footprints in the South Korean market. The B2B offering of the company, Tookan has been selected as one of the top three finalists to participa ... read..


Paytm hires Kiran Vasireddy as COO for payments business
New Delhi [India] | July 25, 2017 12:01:13 AM IST
Paytm on Tuesday announced appointed of Kiran Vasireddy as the Chief Operating Officer (COO) for its payments business. ... read..


Sundar Pichai roped in for Alphabet's new Board of Directors
Washington D.C. [USA] | July 25, 2017 12:01:13 AM IST
Google CEO Sundar Pichai is all set to join the parent company Alphabet's board, according to an official announcement from the company. ... read..


Bank of Baroda-Lawrencedale Agro Processing sign MoU to help double farmer's income
New Delhi [India] | July 25, 2017 12:01:13 AM IST
Aiming to assist the government in doubling of farmer's income by 2022, Bank of Baroda on Tuesday entered into a Memorandum of Understanding (MoU) with Lawrencedale Agro Processing India Pvt. Limited. ... read..


Competition Commission of India approves Vodafone-Idea merger
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-NewsVoir): The Competition Commission of India (CCI) today unconditionally approved the merger of the telecommunications businesses of Vodafone India Limited, and its wholly-owned subsidiary Vodafone Mobile Services Limited ... read..


Texas Instruments 'India Innovation Challenge 2017' to nurture engineering innovation among university students in India
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-NewsVoir): Texas Instruments (TI) today announced the launch of the second edition of India Innovation Challenge Design Contest (IICDC2017), with registrations for the contest opening on July 20th, 2017at www.ti.com/iicdc. ... read..


One stop shop for commercial property owners in Mumbai
New Delhi [India] | July 25, 2017 12:01:13 AM IST
New Delhi [India], July 25 (ANI-BusinessWire India): Jagaha.com is Mumbai's first dedicated commercial real estate platform. The company started its operations in 2015 with an aim to enhance the commercial real estate market experience by bringing transpa ... read..


Qualcomm accuses tech lobby of 'misdirecting' US trade body (Lead)
San Francisco | Tuesday, 2017 12:45:05 PM IST
Responding to a letter filed by a tech lobby to bar import of iPhone models not using its modem chips, Qualcomm has said the group was conducting a "coordinated effort aimed at misdirecting" US International Trade Commission (ITC). ... read..


Trend Micro to secure LIC Mutual Fund's network
Bengaluru | Tuesday, 2017 12:45:05 PM IST
As cybersecurity threats loom, LIC Mutual Fund on Tuesday mandated cybersecurity firm Trend Micro to secure its endpoints, network and data centres. ... read..


Chhatrapati Shivaji descendent NCP MP held for extortion
Satara (Maharashtra) | Tuesday, 2017 12:45:04 PM IST
Nationalist Congress Party MP Udayan Raje Bhosale was arrested here on Tuesday in connection with an allegation of assault and extortion levelled by a businessman. ... read..


Micromax unveils 'Yu YUNIQUE 2' at Rs 5,999
New Delhi | Tuesday, 2017 12:45:04 PM IST
: Micromax's sub-brand YU Televentures on Tuesday launched its budget smartphone Yu Yu 'Yu YUNIQUE 2' with Android Nougat at Rs 5,999. ... read..


Indices slip from record highs, profit booking dents sentiments (Lead)
Mumbai | Tuesday, 2017 12:45:04 PM IST
Expectations of healthy quarterly results, coupled with broadly positive global cues, lifted the key Indian equity indices -- NSE Nifty and BSE Sensex -- to touch their new record highs during the morning trade session on Tuesday. ... read..


GST won't impact growing Indian smartphone market: Report
London | Tuesday, 2017 12:15:05 PM IST
The overall smartphone demand in India will hit 234 million units in 2017, an increase of 11 per cent year-on-year (YoY) and the Goods and Services Tax (GST) would have no impact on smartphone demand in the country, global market research firm GfK said on ... read..


Indices touch record highs, profit booking caps gains
Mumbai | Tuesday, 2017 11:45:05 AM IST
Expectations of healthy quarterly results, coupled with broadly positive global cues, lifted the key Indian equity indices -- NSE Nifty and BSE Sensex -- to touch their new record highs during the morning trade session on Tuesday. ... read..


Nifty surpasses 10,000 mark, Sensex up by 102 points in opening trade
New Delhi [India] | July 25, 2017 12:01:13 AM IST
In a historic moment, the National Stock Exchange's (NSE) Nifty for the first time crossed the 10,000 mark in the opening trade on Tuesday. ... read..


Strong tech-enabled business models key for MSMEs today: SAP India (IANS Interview)
New Delhi | Tuesday, 2017 11:15:48 AM IST
In their quest to become digital, Small and Medium Enterprises (MSMEs) need to adopt strong tech-enabled business models and processes to make them more efficient and achieve global competitiveness, says a top SAP India executive. ... read..


NSE Nifty breaches 10K point-mark (Third Lead)
Mumbai | Tuesday, 2017 11:15:43 AM IST
Expectations of healthy quarterly results, coupled with broadly positive global cues lifted the key Indian equity index -- NSE Nifty -- above the 10,000-points mark during early-morning trade session on Tuesday. ... read..


Qualcomm accuses tech lobby of 'misdirecting' ITC
San Francisco | Tuesday, 2017 11:15:43 AM IST
Responding to a letter filed by a tech lobby to bar import of iPhone models not using its modem chips, Qualcomm has said the group was conducting a "coordinated effort aimed at misdirecting" trade regulators. ... read..


Alphabet posts profits despite $2.7 bn EU fine
San Francisco | Tuesday, 2017 11:15:43 AM IST
Despite being hit by the impact of a $2.7 billion European Commission's (EC) anti-trust fine, Alphabet, the parent company of Google, has still posted $26 billion in revenue in the second quarter of 2017. ... read..


NSE Nifty breaches 10K point-mark (Second Lead)
Mumbai | Tuesday, 2017 11:15:43 AM IST
Expectations of healthy quarterly results, coupled with broadly positive global cues lifted the key Indian equity index -- NSE Nifty -- above the 10,000-points mark during early-morning trade session on Tuesday. ... read..


NSE Nifty breaches 10K point-mark (Lead)
Mumbai | Tuesday, 2017 11:15:38 AM IST
Expectations of healthy quarterly results, coupled with broadly positive global cues lifted the key Indian equity index -- NSE Nifty -- above the 10,000-points mark during early-morning trade session on Tuesday. ... read..


Alphabet appoints Pichai to its board of directors
San Francisco | Tuesday, 2017 11:15:38 AM IST
Alphabet Inc., the parent company of Google, has appointed Indian-born Google CEO Sundar Pichai to its board of directors. ... read..


NSE Nifty breaches 10K point-mark
Mumbai | Tuesday, 2017 11:15:38 AM IST
Expectations of healthy quarterly results, coupled with broadly positive global cues lifted the key Indian equity index -- NSE Nifty -- above the 10,000-points mark during early morning trade session on Tuesday. ... read..


Restrictions imposed in Srinagar
Srinagar | Tuesday, 2017 11:15:38 AM IST
Authorities in Jammu and Kashmir on Tuesday imposed restrictions in parts of Srinagar to prevent separatist-called protests against the arrest made in a terror funding case. ... read..


UP faces acute power crisis
Lucknow | Tuesday, 2017 11:15:28 AM IST
Uttar Pradesh is reeling under a severe power crisis on Tuesday after a major fault in a transmission line in the state's western region, officials said. ... read..


UP to launch RERA website
Lucknow | Tuesday, 2017 11:15:24 AM IST
The Uttar Pradesh government will launch the Real Estate Regulatory Authority (RERA) website here on Wednesday, officials said on Tuesday. ... read..


Pakistan army slams efforts in US to undermine anti-terror role
Islamabad | Tuesday, 2017 11:15:05 AM IST
Pakistan Army Chief General Qamar Javed Bajwa conveyed his serious concern to visiting top American general in Afghanistan General John Nicholson about the efforts in the US to "undermine Pakistan's contributions towards war on terror". ... read..


Here's how digital marketing benefits SMEs operations
New Delhi [India] | July 25, 2017 12:01:13 AM IST
The number of changes, businesses are needed to undergo these days, are enormous to update oneself on the current standards. Businesses are leveraging technology as an integral part of their daily operations, either as how they operate on a daily basis, o ... read..


India should target inflation rate of 4-5%: US expert
New Delhi | Tuesday, 2017 1:15:05 AM IST
Indian policymakers would do well to target keeping annual retail inflation in the country in the range of 4-5 per cent without aiming to lower this rate significantly, according to an American expert. ... read..


Tata Communication net profit down 22% in Q1
Mumbai | Monday, 2017 11:45:05 PM IST
Tata Communications on Monday reported a 22.27 percent fall in its consolidated net profit at Rs 32.94 crore in the quarter ended June 30, as compared to Rs 42.38 crore in the year-ago period. ... read..


AAI to develop civil aviation sector in Uttarakhand
New Delhi | Monday, 2017 11:45:05 PM IST
The Airports Authority of India (AAI) on Monday said that it has signed an MoU with the Uttarakhand government to develop the civil aviation sector in the hill state. ... read..


Goans to be barred from casinos, cap on industry soon: Parrikar
Panaji | Monday, 2017 11:15:04 PM IST
Questioned repeatedly over the BJP-led Goa government's alleged proximity to the casino lobby in the state, Chief Minister Manohar Parrikar on Monday said a new policy will soon cap the number of casinos in a particular area. He also said that Goans will ... read..


National Highway along Odisha coast after 90% land availability
New Delhi | Monday, 2017 10:45:04 PM IST
The construction of National Highways along the coastline of Odisha will start after availability of 90 per cent of the land, while the land acquisition process will start after the approval of the Detailed Project Report (DPR), parliament was told on Mon ... read..


10 islands chosen for holistic development
New Delhi | Monday, 2017 10:45:04 PM IST
The government has chosen ten islands in Lakshadweep and Andaman and Nicobar for their holistic development in the first phase of work being done by newly constituted Island Development Agency (IDA), it was announced on Monday. ... read..


HDFC Bank's quarterly net profit up 20%
Mumbai | Monday, 2017 10:45:04 PM IST
Lending major HDFC Bank on Monday reported an exponential rise of 20.22 per cent in its net profit for the quarter ended June 30, 2017. ... read..


Passengers safe, after Ethiopian Airlines' flight makes emergency landing
New Delhi | Monday, 2017 10:45:04 PM IST
All passengers travelling aboard an Ethiopian Airlines flight from Addis Ababa to New Delhi were safe after the aircraft made an emergency landing at IGI Airport here on Monday. ... read..


Vodafone-Idea merger gets CCI approval (Lead)
New Delhi | Monday, 2017 10:45:04 PM IST
The Competition Commission of India (CCI) has given approval for the Vodafone-Idea merger. ... read..


Yatra acquires Air Travel Bureau
New Delhi | Monday, 2017 10:45:04 PM IST
Leading online travel company Yatra Online on Monday said it has acquired corporate travel services provider Air Travel Bureau. ... read..


NSDC to raise Rs 50 cr in Nirvana Fund
Kolkata | Monday, 2017 10:45:04 PM IST
The National Skill Development Corporation (NSDC) is aiming to raise Rs 50 crore in the next six months in the newly created Nirvana Fund to cater to entrepreneurs from the bottom rungs of society, a top official said here on Monday. ... read..


$23 bn investment planned in KG Basin oil, gas fields
New Delhi | Monday, 2017 10:15:04 PM IST
Oil and gas fields in the Krishna Godavari (KG) Basin in India's eastern offshore would attract investment of about $23 billion for these hydrocarbons' exploitation, Parliament was informed on Monday. ... read..


18 ferry terminals to be built along Ganga
New Delhi | Monday, 2017 10:15:04 PM IST
The Inland Waterways Authority of India (IWAI) plans to construct 18 ferry terminals in six cities along the River Ganga under the Jal Marg Vikas Project, Parliament was told on Monday. ... read..


Government working on clean fuel-based public transport: Gadkari
New Delhi | Monday, 2017 10:15:04 PM IST
The government is working on reducing the number of cars on the roads by boosting the public transport system in the cities as well as between key cities, Union Road Transport and Highways Minister Nitin Gadkari said on Monday. ... read..


Around Rs 7 lakh cr to be spent on building roads by 2021-22
New Delhi | Monday, 2017 10:15:04 PM IST
It would cost around Rs seven lakh crore for development of national highways and other roads under various government schemes and proposed Phase-I of Bharatmala programme upto 2021-22, Parliament was told on Monday. ... read..


246 km of Himachal roads declared National Highways
New Delhi | Monday, 2017 10:15:04 PM IST
As many as 246 kilometres of state roads in Himachal Pradesh have been declared new National Highways since 2013-14, Parliament was told on Monday. ... read..


Congress releases letter on transparency in party funding
New Delhi | Monday, 2017 9:45:05 PM IST
Following Union Finance Minister Arun Jaitley's stand that no political party had come forward with suggestions to make party funding cleaner, the Congress on Monday released a May 30 letter that advocated complete transparency on donors and donees. ... read..


AC truck cabins must by December 31
New Delhi | Monday, 2017 9:45:05 PM IST
The last date for trucks to have air conditioned cabins for drivers, a mandatory norm by the central government, has been extended to December 31, 2017, an official said on Monday. ... read..


Privacy cannot be excuse for evading tax obligations: Jaitley
New Delhi | Monday, 2017 9:45:05 PM IST
In the backdrop of the debate generated by the appeals on Aadhaar being currently heard by the Supreme Court on whether privacy is a fundamental right, Finance Minister Arun Jaitley on Monday said privacy cannot be touted as an excuse not to comply with o ... read..


HC questions licences to restaurants in Hauz Khas Village
New Delhi | Monday, 2017 9:45:05 PM IST
The Delhi High Court on Monday asked South Delhi Municipal Corporation (SDMC) how licences could be issued for restaurants in Hauz Khas Village in violation of building by-laws and the master plan. ... read..


Pluss Advanced Technologies receives Rs. 50 lakh grant under the millennium alliance programme by FICCI
New Delhi [India] | July 24, 2017 12:01:13 AM IST
New Delhi [India], July 24 (ANI-NewsVoir): Pluss Advanced Technologies Pvt. Ltd., a venture funded company by Tata Capital Innovations Fund, has received Rs. 50 lakh grant under the Millennium Alliance Programme by FICCI. The award was presented by Dr. Ha ... read..


Fintech, ethical wealth advisors and goals-based strategies will reshape wealth industry, say industry experts
New Delhi [India] | July 24, 2017 12:01:13 AM IST
New Delhi [India], July 24 (ANI-NewsVoir): CFA Society India, in collaboration with CFA Institute, the global association of investment professionals, hosted its second annual India Wealth Management Conference, in Mumbai. ... read..


KENT RO Systems signs up as principal sponsor of Pro Kabaddi League team Haryana Steelers
New Delhi [India] | July 24, 2017 12:01:13 AM IST
New Delhi [India], July 24 (ANI-NewsVoir): KENT RO Systems Ltd., one of the most renowned healthcare brands in India, has been signed up as the principal sponsor of the Pro Kabaddi League team, Haryana Steelers, owned by JSW Group. ... read..


Qbera begins next phase of expansion in Mumbai
Mumbai [India] | July 24, 2017 12:01:13 AM IST
Qbera, a fin-tech start-up offering personal loans has announced the launch of its operations in Mumbai as the digital platform facilitates access to funds for salaried individuals through an application process for unsecured loans, providing instant appr ... read..


UP U-turn on separate lanes for VIPs at toll plazas
Lucknow | Monday, 2017 5:15:05 PM IST
Facing flak over its advisory for ensuring separate lanes for VIPs at toll plazas in Uttar Pradesh, the state government on Monday took a U-turn and said the earlier system of same lanes for all vehicles will be adhered to. ... read..


Reliance Capital's shareholders approve demerger scheme
Mumbai | Monday, 2017 5:15:05 PM IST
Financial services major Reliance Capital on Monday said its shareholders have approved the demerger scheme for Reliance Home Finance. ... read..


Zee Learn Ltd consolidated revenue and PBT zooms by 44 percent and 146 percent in Q1 FY18
New Delhi | July 24, 2017 12:01:13 AM IST
Zee Learn Limited, India's leading Education company and India's Most Trusted Diversified Education Brand*, today reported its Standalone and Consolidated Q1 FY18 financial results. The company delivered healthy topline growth and improved its margins by ... read..


Jaitley introduces bill to replace Banking Regulation Ordinance in Lok Sabha
New Delhi [India] | July 24, 2017 12:01:13 AM IST
Union Finance Minister Arun Jaitley on Monday introduced a bill to authorise the direct banking companies to resolve the problem of stressed assets. ... read..


Aasaanjobs announces launch of operation in Ahmedabad
New Delhi [India] | July 24, 2017 12:01:13 AM IST
Online recruitment marketplace Aasaanjobs on Monday announced foraying into Ahmedabad, as a part of its strategic expansion plan. ... read..


IFFCO inks pact with Sikkim Govt.to explore business opportunities in organic value chain
New Delhi [India] | July 24, 2017 12:01:13 AM IST
The world's largest processed fertilizer cooperative, Indian Farmers Fertiliser Cooperative (IFFCO), today announced signing of a Memorandum of Understanding (MoU) with the Government of Sikkim. ... read..


Standard Chartered launches Multicurrency Forex; aims to reduce customers travel woes
Mumbai (India) | July 24, 2017 12:01:13 AM IST
The Standard Chartered Bank on Monday launched a 'Multicurrency Forex Card' to allow customers the convenience of loading up to 20 widely used currencies on one card with an online reload facility during overseas travel. ... read..


ITC gains 2 pct after hike on cigarettes prices amid GST
New Delhi [India] | July 24, 2017 12:01:13 AM IST
Shares of ITC gained 2.4 percent in the morning trade on Monday as the cigarette major hiked select product prices following Goods and Services Tax (GST) Council hiked cess to pre-GST level. ... read..


Aye Finance expands its reach; doubles its footprint in Q1
New Delhi [India] | July 24, 2017 12:01:13 AM IST
New age finance company Aye Finance on Monday announced expanding its reach from 33 to 67 branches, thus making more than a double expansion in the first quarter of current financial year. ... read..


Government considering path-breaking FDI reforms for defence sector
New Delhi | Monday, 2017 12:45:04 PM IST
A more liberal FDI policy is currently under consideration to attract FDI in defence sector, sources said. ... read..


Regulatory blues: India's 1st private reinsurer mulls licence surrender
Chennai | Monday, 2017 11:45:04 AM IST
Finding the reinsurance regulations illogical and an uneven playing field for a whopping investment of Rs 500 crore, India's first private reinsurance company, ITI Reinsurance Ltd (ITI Re) is even ready to surrender its licence, officials said. ... read..


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