Sensex rises, snapping two-session losing streak; banks, auto gain.
On Wednesday, the collector had issued an order in favour of the 17-banks consortium led by SBI to take physical possession of the villa
CBDT circular issued last month had raised multiple taxation concerns.
PSU employees will now get an option to subscribe up to 5 per cent of the issue size at a discount after the completion of disinvestment in the concerned state-owned company.
Besides, non-promoters with more than 10 per cent stake in the company would also be allowed to tap the OFS route.
The draft regulations in this regard are expected to be approved by the board during the meeting.
The US government, that invested $49.5 billion in the Detroit automaker to save thousands of jobs at the height of the financial crisis five years ago, lost about $10 billion, Treasury Secretary Jacob Lew said on Monday.
The judgment in the 2G case is a huge, huge, indictment of the criminal investigation and justice system, says R Jagannathan.
BSE's, NSE's overnight liquid fund facility can help stock investors maximise returns
Knowing these will save you from taking undue risks, losses and also create wealth in the long run, says Dwaipayan Bose.
If you're a salaried person there are many ways to save taxes
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Face Rs 1,000-cr minimum alternate tax demand
Balakrishnan, head of the BPO, Finacle and India business units at Infosys, is widely seen as a contender for CEO after the incumbent S D Shibulal's term ends in 2015.
The S&P BSE Sensex ended 190 points up at 23,382.
Helped by the Offer for Sale route, a whopping Rs 45,300 core was mobilised through public equity markets in 2013, a growth of 25 per cent over last year.
The Pakistani Supreme Court ordered for a joint investigation team to probe the allegations of money laundering against his family.
Market breadth is positive with 942 advances and 196 declines.
In front-running case, some fund houses have settled with Sebi and paid the amount lost to trustees.
'Ideally, children should go to a university if they know what they want to gain from it, not because everyone else is going.'
Some lenders in talks with LIC for pvt placement
The derivatives expiry on Thursday is also expected to add to the volatility.
Investors can sell shares in the open market if the price is good, to take advantage of the tax arbitrage.
Microsoft saw its shares fall 2.6% on Monday.
SBI's net profit for the quarter rose 30.3% to Rs 2,910 crore ($468.4 million), from Rs 2,234 crore a year earlier on the back of rise in net interest income, fees, and control on employee costs.
According to technical analysts, the Nifty could trade in the range between 7,400 and 7,700.
Slowdown persists in China. India's GDP estimates for 2015-16 are liable to be pared; projections for 2016-17 are lacklustre.
Burham didn't set out to have such a big stake in Apple.
Promoters and top executives intending to buy or sell shares of their companies might soon have to inform the market well in advance for such transactions.
Bharti will move FIPB soon for increasing Axa's stake to 49%
Murthy no more chairman emeritus; founders do not want to be addressed as promoters.
Capital goods, IT, auto and pharmaceuticals lead gains for the financial year
When it comes wildlife, stock market investors can immediately identify with bulls and bears. But there are other animals in the stock market jungle too.
Secondary market might be a better bet for investors
Chinese govt has itself to blame for first trying to slow down the property market and later propping it up.
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The broader consensus was that the Fed would cut the monthly stimulus of $85 billion by $10-15 billion.
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
Vijay Mallya has lost control of his companies.
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