Formerly known as Catholic Syrian Bank, the private sector bank aims to raise Rs 410 crore by issuing fresh equity shares and offer for sale of shares by existing shareholders

The amendment to The Taxation Laws (Amendment) Bill, 2019 follows the clarification sought by the industry, if software development comes under the ambit of manufacturing and qualifies for the reduced tax rate

Unlike Facebook Pay which seems more of an integration of cross-platform services, WhatsApp pay will be a peer-to-peer, unified payment interface (UPI) based service that will enable users to transfer money within the instant messaging app

Mutual fund investors must stick to disciplined and systematic investing to do well in the coming year.

While Sensex breached earlier record high level to hit a fresh all-time high of 40,606.91 mark on Wednesday, Nifty made an intraday high to 12,002.90 level, trading 0.80% or 100 points away from the 52-week high of 12,103.05

The new compensation guidelines punish the CEOs severely for any misconduct or poor asset quality or underwriting poorly, which eventually results in poor financial numbers

HDFC share price rose up to 0.96% to Rs 2149 on BSE. HDFC stock has gained 8.23% since the beginning of this year and risen 17% during last one year

Axis Mutual MF, ICICI Prudential MF, UTI MF, SBI MF, Aditya Birla Sun Life MF, Edelweiss MF and Reliance MF are among the fund houses that have approached Sebi with the offer documents for NFOs