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PTI
September 20, 2017
Finance Minister Arun Jaitley ruled out possibility of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer.
Manu Kaushik
New Delhi, September 20, 2017
The interconnection charges for other types of voice calls - mobile-to-landline, landline-to-landline and landline-to-mobile - were brought down to zero in February 2015.
BT Online
September 20, 2017
On the other hand, Reliance Industries, the holding company of Reliance Jio, the latest entrant into the Indian telecom sector, closed 0.85 percent higher at 847 level on the BSE.
BT Online
September 20, 2017
SBI holds 70.10 per cent in SBI Life and BNPPC 26 per cent. Minority shareholders Value Life Pte, an affiliate of KKR Asian Fund and MacRitchie Investments Pte, a wholly-owned subsidiary of Temasek Holdings, hold 1.95 per cent each.
Aseem Thapliyal
September 20, 2017
The initial public offer (IPO) of the private life insurance firm will end on September 22. During the initial public offer (IPO), State Bank of India (SBI) will dilute up to 8 crore shares while BNP Paribas Cardif SA will offload up to 4 crore shares. After the listing of ICICI Prudential Life Insurance last year, SBI Life will become the second life insurer to go public.
Rajeev Dubey
New Delhi, September 20, 2017
Normally, when governments need to revive economic growth, the broad objective must be to reinvigorate four major elements of the economy: Capital, Labour, Entrepreneurship and Land/Farming.
Mail Today Bureau
New Delhi, September 20, 2017
Mobile companies currently charge 14 paise a minute for allowing a domestic call from a rival operator to terminate on their network. This charge, called Interconnection Usage Charge or IUC. Mobile tariffs will fall if the operators pass on the benefit of reduced IUC charge to customers.
Reuters
New Delhi, September 19, 2017
U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology.
BT Online
September 20, 2017
The IPO of the leading private sector insurer has been in news due to its tremendous popularity (country's largest lender SBI being the parent firm) and the market leadership position it enjoys in the private sector.
PTI
September 19, 2017
The US has resumed fast processing of H-1B work visas in all categories subject to Congress-mandated limit, five months after it was suspended temporarily to handle the huge rush of applications for the work visas popular among Indian IT professionals.
BT Online
September 19, 2017
ICICI Lombard General Insurance is looking to raise around to raise as much as Rs 5,700 crore  ($888.40 million) at the higher end of the price band which is fixed between Rs 651-661 per share.
BT Online
New Delhi, September 19, 2017
Dr Singh's statement has come in the backdrop of India's slowest economic growth in last three years. The country recorded 5.7 per cent GDP growth during April-June. The previous low of 4.6 per cent was recorded in January-March 2014.
PTI
New Delhi, September 19, 2017
According to the draft papers, the government will sell 9.6 crore shares, whereas the company itself will sell 2.4 crore shares through the IPO. Thus a total of 12 crore shares of the non-life insurer would be sold through the share sale offer, constituting around 14.56 per cent of the company's post issue share capital.
Mail Today Bureau
New Delhi, September 19, 2017
Both petrol and diesel are supplied by the oil companies to petrol pumps at a little over Rs 30 per litre. It is the imposition of Central excise duty and state government levies such as VAT that result in raising the price of petrol to over Rs 70 per litre and that of diesel to Rs 58.70 a litre.
Goutam Das
New Delhi, September 18, 2017
While parts of every tech service currently offered can be automated, leading to redundancy in the number of engineers required, there are emerging job opportunities in the following areas over the next many years.
BT Online
September 18, 2017
With Q1 GDP growth slumping to 3-year low of 5.7 per cent due to destocking by manufacturers prior to GST (Goods and Service Tax), the Modi government is weighing a stimulus package to boost economic activity in the country.
BT Online
September 18, 2017
Sahara Group's luxury resort town Aamby Valley, which has been put up for auction by the Supreme Court, has found just a couple of parties who have shown interest in the bid.
PTI
New Delhi, September 17, 2017
Only two potential bidders are believed to have shown initial interest for embattled Sahara groups super luxurious Aamby Valley resort town, which has been put up for a Supreme Court ordered auction by the official liquidator at a reserve price of Rs 37,392 crore.
PTI
New Delhi, September 17, 2017
Championing the cause of fathers in the early days after a child's birth, a private member's bill proposes that all workers, including those in the unorganised and private sector, get paternity leave extendable up to three months.
PTI
New Delhi, September 17, 2017
To strengthen its research capabilities, regulator Sebi is planning to hire a chief economist, whose position will be equivalent to that of an executive director in terms of pay and benefits.
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