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Mail Today Bureau
New Delhi, September 19, 2018
Sebi says the mutual fund expenses will be brought down considering economies of scale. The easing of norms for FPIs is in tune with the government policy to attract foreign funds at a time when the rupee is depreciating sharply and the stock markets are on a roller coaster.


Dipak Mondal
New Delhi, September 18, 2018
The MCA officials claim that out of 33 lakh directors, only 12 lakh had completed the KYC process for free, by the last date of 15 September.


BusinessToday.In
September 18, 2018
Infosys had agreed to pay Bansal a severance package of Rs 17.38 crore or 24 months of salary, but the company suspended payments after co-founder NR Narayana Murthy and former board member Mohandas Pai objected to the move and termed it 'excessive'.


PTI
September 16, 2018
As many as 44 shareholders of Flipkart, including significant ones like SoftBank, Naspers, venture fund Accel Partners and eBay, had sold their holdings to Walmart.


PB Jayakumar
September 14, 2018
Mazagon Dock Shipbuilders, India's only shipyard to build both destroyer warships and conventional submarines for the Navy, is fully geared to meet the competition from the private sector, claim officials.


BusinessToday.In
September 14, 2018
Moving forward from cow urine to cow's milk may push Patanjali into a market largely untapped by national-level players.


BusinessToday.In
New Delhi, September 14, 2018
The Mittal-owned company told the SC it would lift the escrow on Rs 7,000 crore and pay the money owed by Uttam Galva and KSS Petron -- the defaulting companies in which the steel tycoon is classified as promoter -- if it gets to bid successfully for Essar Steel.


BusinessToday.In
New Delhi, September 13, 2018
The proposals floated by the DoT reportedly include combining all telecom levies into one charge, on the lines of the GST that subsumed indirect taxes. Most of the disputes relate to multiple levies under different heads such as licence fees, spectrum usage charges and one-time spectrum fee


BusinessToday.In
New Delhi, September 13, 2018
Vouching for a level-playing field, PhonePe said all payments companies doing business in India must abide by the law of the land and protect our citizen's financial data and pay fair taxes on income earned in India.


BusinessToday.In
September 12, 2018
The Westminster Magistrates' Court in London was hearing the closing arguments in the extradition case against Mallya on Wednesday, as well as review the video of jail cell prepared for him by the Indian authorities.


BusinessToday.In
New Delhi, September 12, 2018
The Supreme Court is currently hearing a case between virtual money exchanges and the RBI, and the next hearing on the matter is scheduled for September 17.


BusinessToday.In
September 12, 2018
Depending on its findings, the London court will take a final call on handing over the absconding liquor baron to India.


Reuters
September 12, 2018
The US.International Trade Commission (ITC) said in a statement that it was launching a patent-related investigation into the Indian automaker's ROXOR vehicle.


BusinessToday.In
September 11, 2018
Raghuram Rajan explained that loans under Modi government's popular flagship scheme Pradhan Mantri Mudra Yojana and the Kisan Credit Card needed to be examined \"more closely\" for potential credit risk.


BusinessToday.In
New Delhi, September 10, 2018
Former Prime Minister Manmohan Singh said the Modi government has completely failed in keeping its promises to the people of India. \"The need of the hour is for different parties to set aside their differences and come together,\" he said.


PTI
September 9, 2018
SEBI initiated a public consultation process for finalising the new guidelines after a high-powered panel suggested changes on several contentious proposals and more time for compliance with new KYC and beneficiary ownership norms.


BusinessToday.In
New Delhi, September 6, 2018
DMRC MD added that based on calculations, a commuter spends only 5.53% and not 22% of their income on metro rides.


BusinessToday.In
New Delhi, September 6, 2018
After several objections were raised by the FPIs, the regular has now formed a working group, which will be headed by former RBI Governor HR Khan. The group will look into issues like KYCrequirement and disclosures regarding beneficial ownership.


BusinessToday.In
New Delhi, September 6, 2018
Manoj Kumar said that with this money he will be able to address the financial problems his family has been facing.


Reuters
Panipat, September 6, 2018
A survey found that a fifth of 63 million small businesses faced a 20 per cent fall in profits since the GST rollout, and had to sack hundreds of thousands of workers.


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