Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
Bundled products often come with restrictions. The customer also gets locked into two products at the same time. This reduces flexibility.
Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms under the goods and services tax (GST) regime, a mandatory requirement for businesses with an annual turnover of over Rs 5 crore. E-invoicing provides real-time access to invoices that are prepared by the supplier on the purchase of goods, allowing faster accessibility to input tax credit, thereby limiting the manipulation of fake credit as it has to be generated before the transaction. "The default has been reported mainly in businesses with a turnover between Rs 5 crore and Rs 20 crore," a senior official informed
The United States Agency for International Development will provide a $10 million technical aid for development of Indian insurance sector over the next four years.\n\n\n\n
Keeping the government on tenterhooks on key reform measures like the Insurance Bill and Goods and Services Tax, the Congress party on Monday said there is "no blank cheque" on its support on these in Parliament as the "devil lies in the details".
However, three of the policy's four funds have been performing below the benchmarks, for the last two years.
Displaying 'ARMY' on private transport is an attempt to milk the respect and reverence that the common citizen has for a person in the armed forces, observes Colonel K Thammayya Udupa (retd). By writing 'ARMY' and displaying regimental insignias, we expect a few misdemeanours to be overlooked.
The five-acre facility, set up by M&M through a joint venture with government owned company MSTC, went on stream in April this year
We have millions of newbie investors who are clueless about how to handle sudden and severe adverse market reactions, which arrive from time to time, observes Debashis Basu.
The accord covers all crucial areas.
Navdeep Saini, who made a comeback to the Indian Test squad, will miss three matches for his English county side Worcestershire.
The country's largest software exporter TCS on Wednesday reported a 16.83 per cent jump in its June quarter consolidated net profit to Rs 11,074 crore. The Tata Group company had reported a net profit of Rs 9,478 crore in the year-ago period and Rs 11,392 crore in the preceding quarter. Its revenue from operations increased 12.55 per cent on a year-on-year basis to Rs 59,381 crore and was marginally up from the preceding March quarter's Rs 59,162 crore.
NCP led by the former Union minister said the Election Commission had sought its response to a petition filed by Ajit Pawar, and the party submitted its "preliminary response" to the poll panel on September 7.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
Bowing to opposition pressure, the government has agreed to refer the controversial Insurance Bill to a Select Committee of Parliament, which will have 15 members.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust
The Indian Council of Medical Research is conducting three different studies to ascertain the facts regarding rising cases of cardiac arrest after the pandemic, Mandaviya said in response to a question in the Lok Sabha.
'As it happens in any society, when progress happens, hate also comes out.' 'There is always a bit of a risk and possibility of rejection, particularly by an orthodox section of society.'
She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
'From our perspective, it will bring additional customers and from their perspective, it will get them younger customers.'
In one of the biggest bank failures in the United States in 2009, Florida-based BankUnited has been shut down by the authorities, pushing the total number of such collapses to 34 so far this year.
Amphibious drones for maritime inspection... devices that extract pure oxygen from water for patients in need... self-balancing electric bikes...
'This government has done positive things, we got the Transgender Persons (protection of rights) Act under this government. Dheere-dheere hota hai.'
The Shiv Sena-Uddhav Balasaheb Thackeray on Saturday said Nationalist Congress Party president Sharad Pawar not favouring formation of a Joint Parliamentary Committee (JPC) to probe allegations against the Adani group will not lead to cracks in opposition unity.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
'Israelis arrested us before this war and continue to do so -- even more so -- now.'
Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Jio Financial Services Ltd (JFSL) demerged from Reliance last month and is currently listed under a dummy ticker after its price discovery at Rs 261.85 but there is no trading happening in the scrip. The listing on BSE and NSE has been scheduled a day before FTSE Russell plans to drop JFSL from its indices.
The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.
The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose
'If individual stocks start falling 25% to 30% or more, then I doubt how many of them will be able to withstand that (kind of selloff). That is when you'll see panic coming in.'
Much of the tardy reaction to competition is the result of LIC's legacy.
Since Parliament is still in session, the government refrained from making an official statement but the ministers said there were ample 'precedents by the Congress governments in the past' of Bills being pushed through the ordinance route.
If the Indian government insults them, then they will will ensure its removal, Gandhi said.
The doctors' bodies said that the two sides reached consensus during talks with the state government agreeing to keep private hospitals that have not availed land at subsidised rates or other benefits from it outside the ambit of the proposed law.
Since 1993, when the BJP came to power after a stint of President's rule, the state has alternated between the Congress and the BJP.
Uncertainty looms over the Insurance Bill as the Congress looks unlikely to support it in the current session of Parliament which is what the Modi government is looking at as a 'gift' to United States President Barrack Obama who comes to India in January. Renu Mittal/Rediff.com reports
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