GST rate cut: CBEC chief Vanaja Sarna asks FMCG firms to immediately update MRP on all products

In her letter to all the major FMCG companies, Sarna pointed out the need to immediately revise the maximum retail price on all the products for which the tax reductions have been announced by the GST Council

Subscribed record ‘four times’, Bharat 22 ETF issue raises Rs 14,500 crore

The 8,000 crore Bharat 22 Electronic Traded Fund was subscribed four times, seeing bids of nearly Rs 32,000 crore coming in, with foreign institutional investors (FIIs) bidding for one-third of the money.

Camaraderie in Reliance-L&T rivalry: Mukesh Ambani narrates his bonding with AM Naik

While Mukesh Ambani, who elaborately commented on his relationship and business deals with Naik that goes back to 35 years since Naik was a general manager with L&T, the 75 year old AM Naik preferred to elucidate only L&T's business relationships with Reliance Industries. 

Centre cancels $500 million deal for Israeli Spike anti-tank guided missiles

the Israeli firm, Rafael Advanced Defence Systems, stated it had not received any communication from India.

Nandan Nilekani, wife Rohini to donate half of their wealth under Giving Pledge: Here's why they are doing it

This is not the first time when the Nilekanis are donating. In past, Nandan Nilekani gave money to rebuild the hostel campus of IIT Bombay. He also set up the Indian Institute for Human Settlements with the aim of solving urban challenges for India.

Mon Nov 20 22:46:05 IST 2017

From The Magazine

Playing It Safe

Private sector banks report higher bad assets due to regulatory diktat