Business
Yes Bank Reduces Workforce by 2500 Employees, Cites 'Redundancies'
According to reports, Yes bank has reduced its workforce by nearly 2,500 on account of digitisation and automation.
Cabinet Approves Rs 2,245 Crore Bonus for Railway Employees to Ensure Safety Records
Indian Railways has been rocked by a series of derailments. A study by IndiaSpend found 9 derailments in the past 27 days, or 1 accident every three days. It is thought that the mishaps paved the way for replacement of Suresh Prabhu with Piyush Goyal as t...
China's Fosun Pharma to Buy Smaller Stake in Indian Firm for $1.1Billion
Shanghai Fosun Pharmaceutical Group had previously sought an 86 percent stake valued at about $1.26 billion, but the deal had raised concerns among some in New Delhi.
No Further Extension in Filing Returns Under GST, Says Hasmukh Adhia
"We have kept long deadlines for GST filing. For at least six months the taxpayers have to file their own assessment. There will be no extension later," said Revenue Secretary Hasmukh Adhia.
Top Chinese Bitcoin Exchange BTCChina to Stop All Trading on September 30
BTCC - China's second bitcoin platform in terms of volume and the world's third largest - said on its Twitter account that "after carefully considering" the announcement by Chinese regulators, it will "stop all trading" on September 30.
How is Gratuity Calculated and Is it Tax-Free?
Gratuity so payable is given to the employee when he/she fulfils the criteria of continued service for 5 years or more for superannuation or retires or resigns and in case an employee dies or develops some disability owing to accident or illness, the amou...
Protect Personal Data or Face Action, Ravi Shankar Prasad Warns Companies
Some things are completely private, should not come in public, said Ravi Shankar Prasad while launching a nation-wide hackathon.
Testing Must for Telecom Equipment From October 2018: DoT
The order mandates equipment makers to get their products tested and certified from the agency or body authorised by the DoT before selling or importing them in India.
RBI Identifies More Huge Loan Defaulters for Resolution
The information was revealed by RBI Deputy Governor Viral Acharya while delivering the 8th R.K. Talwar Memorial Lecture.
Labour Protest Over Wages Hits Tata Motors' Jamshedpur Plant
The protesting workers of Tata Motors, including around 600 women, staged a sit-in at the main gate of the Jamshedpur plant, demanding payment of wages as per the new three-year wage agreement signed with the permanent workers' union early last month.
Shell Companies' Directors Siphoning off Funds Face up to 10-year Jail
The Corporate Affairs Ministry has struck off the names of more than 2.09 lakh companies from the records as they have not been carrying out business activities for long and banks have been directed to freeze their bank accounts.
EEPC Urges Govt to Refund 90% GST Refunds to Exporters
Expressing confidence in Suresh Parabhu, EEPC India Chairman T S Bhasin said the new minister should intervene with the finance ministry and the GST Council and get a relief in terms of release of at least 90 percent goods and services tax (GST) refund on...
Rupee Slides Further to 64.24 Against USD; Down 12 Paise
The rupee opened weak at 64.21 a dollar and touched a low of 64.24 a dollar in early session amid falls in stock markets. It moved in a range of 64.18 a dollar to 64.24 a dollar in morning trade.
India to Bid For Israel Oil-and-gas Exploration Blocks: Dharmendra Pradhan
This is the first major deal between India and Israel since a groundbreaking trip by Prime Minister Narendra Modi to Jerusalem in July this year.
Sensex Falls 72 Points in Early Trade on Weak Asian Cues
The NSE Nifty fell by 21.85 points, or 0.21 per cent, to 9,952.55.
I-T to Focus More on E-assessment to Reduce Human Interface
Prime Minister Narendra Modi, while inaugurating the Rajaswa Gyan Sangam on Friday, had nudged tax officials to use data analytics to track undeclared wealth and fix clear targets for improving tax administration by 202.