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India jobless rate rises to five-year high in 2015-16

General

29 September, 2016

India jobless rate rises to five-year high in 2015-16

Unemployment rate in India has shot up to a five-year high of 5 per cent in 2015-16, with the figure ......

India IPO market remains promising, says EY

General

28 September, 2016

India IPO market remains promising, says EY

India is a promising market for initial public offerings with two of its premier stock exchanges, BSE and NSE, registering ......

Govt panel moots new firm to resolve insolvency issues at banks, financial firms

General

28 September, 2016

Govt panel moots new firm to resolve insolvency issues at banks, financial firms

A Finance Ministry-appointed committee today proposed to set up a Resolution Corporation to expeditiously deal with issues concerning insolvency of ......

Mumbai richest Indian city with total wealth of $820 bn

General

28 September, 2016

Mumbai richest Indian city with total wealth of $820 bn

India's financial capital Mumbai, home to 45,000 millionaires and 28 billionaires, is the wealthiest city in the country with total ......

Bharat Financial Inclusion raises $112 mn via institutional share sale

General

28 September, 2016

Bharat Financial Inclusion raises $112 mn via institutional share sale

Bharat Financial Inclusion's Rs 750 crore QIP closed today and was oversubscribed multiple times."The qualified institutional placement (QIP) which was ......

FIPB approves BNP Paribas' acquisition of Sharekhan

General

26 September, 2016

FIPB approves BNP Paribas' acquisition of Sharekhan

An inter-ministerial panel today approved 11 proposals entailing foreign direct investment (FDI) inflow of over Rs 2,300 crore.Among the proposals ......

India decides GST exemption limits for firms, to fix rate next month

General

23 September, 2016

India decides GST exemption limits for firms, to fix rate next month

Moving on fast track to roll out the new indirect tax regime from April 1, GST Council on Friday fixed ......

Supreme Court sends Sahara chief Subrata Roy back to prison

General

23 September, 2016

Supreme Court sends Sahara chief Subrata Roy back to prison

The Supreme Court today cancelled all interim relief including bail granted to Sahara chief Subrata Roy and two others and ......

Vodafone pumps in $7.1 bn in Indian arm to take on Reliance Jio; single biggest FDI

TMT

22 September, 2016

Vodafone pumps in $7.1 bn in Indian arm to take on Reliance Jio; single biggest FDI

Amid a hyper competitive market following the entry of Reliance Jio, the second largest telecom firm Vodafone India today said it ......

Govt appoints three members to rate-setting panel

General

22 September, 2016

Govt appoints three members to rate-setting panel

The Indian government on Thursday appointed three members on the Monetary Policy Committee (MPC), who along with RBI nominees are ......