Business
IHH to Takeover Fortis; To Rebrand Hospital Chain to Gleneagles in Future
IHH Healthcare, which is expected to gain majority control of India's second-largest hospital chain after a mandatory open offer for an additional 26 per cent stake, said in the long term it would rebrand Fortis hospitals into its own Gleneagles chain.
Can I File Income Tax Return Without Form 16?
Although Form 16 is the first thing you need to file your ITR, but if you don’t have one, then you can fetch details of your TDS from Form 26AS.
FPIs Infuse Rs 3,000-crore in Just 5 Trading Sessions
According to depositories data, foreign portfolio investors (FPIs) pumped in Rs 2,235 crore in the equity markets during July 2-6. Besides, they put in Rs 892 crore in the debt market, taking the total to Rs 3,127 crore.
Very Happy With UK Court Order, Will Go After Vijay Mallya’s Assets: SBI
The SBI is the leader of consortium of 13 banks that lent about Rs 9,000 crore to Mallya's now defunct Kingfisher Airlines.
Mukesh Ambani Bets Big on Indian Economy, Says Revenues to More than Double by 2025
The oil-to-telecom conglomerate posted consolidated revenues of Rs 4,30,731 crore in 2017-18 and a profit after tax of Rs 36,075 crore.
With RIL's New E-Commerce Platform, Network of Mom-n-Pop Shops to Take on Likes of Walmart
India’s e-commerce market is expected to grow to double its value to USD 250 billion by 2020. RIL’s big-ticket announcement is the conglomerate’s new plan to grab a share of the surge.
CCEA May Approve Hike in Paddy MSP Tomorrow by Rs 200 per Quintal
Last week, Prime Minister Narendra Modi had announced that the Cabinet will approve the increase in MSP to at least 1.5 times of the production cost in the forthcoming meeting.
IDBI Bank Employees Oppose Proposed Take Over by LIC
IDBI employees saying this is a clear move to privatise it, bypassing the assurance given to Parliament.
Sensex Plunges 68 Points on Weak Asian Cues
Deprecating rupee against the dollar also added to the dampened sentiment.
Anil Agarwal to Delist Vedanta Resources from LSE; Offers $1 Billion to Buy Out Minority Shareholders
The move comes weeks after the killing of 13 protesters in police firing at the firm's copper smelter plant in Tamil Nadu last month that led to political opposition to the company in the UK and drop in its share price.
Money Held by Indians in Swiss Banks Rises 50% to Over Rs 7,000 Crore
The total funds held by Indians with Swiss banks stood at a record high of CHF 6.5 billion (Rs 23,000 crore) at 2006-end, but came down to nearly one-tenth of that level in about a decade.
GST Investigation Wing Unearths Rs 2,000 Crore Evasion in 2 Months
Under the composition scheme, traders and manufacturers are allowed to pay taxes at a reduced rate of 1 per cent, while restaurant owners have to pay at 5 per cent rate. The scheme is open for manufacturers, restaurateurs and traders whose turnover does n...
IBC, New Stress Recognition Norms Bode Well for System: RBI Deputy Governor
In the foreword of the RBI's Financial Stability Report, Acharya also regretted that amid ongoing churning in the financial sector, governance reforms in the beleaguered public sector banks (PSBs) have taken a backseat.
Narayana Murthy Stays Away From Infosys AGM For Second Straight Year
Infosys faced months of protracted standoff between its founders led by Narayana Murthy and the previous management over issues of corporate governance and compensation to former executives.
ICICI Bank Claims to Have Received Anonymous Complaint About 31 Loan Accounts
ICICI Bank's CEO and MD Chanda Kochhar, who is facing an independent enquiry in connections with loan given to Videocon Group, has decided go on leave till the completion of the inquiry.
Centre May Fund Air India Debt, Asks Airline to Submit Plan
Headed by Air India chairman and managing director Pradeep Singh Kharola, a committee comprising the airline’s directors has been set up within Air India.