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PTI
Dubai, July 9, 2019
Lalo Samuel, who was selected as one of the top 100 Most Influential Indian Business Leaders in the Arab World by the Forbes magazine continuously for 2013, 2014 and 2015, became one of the 6,800 investors with total investment exceeding USD 27 billion to receive the gold card


BusinessToday.In
July 9, 2019
Finance Minister Nirmala Sitharaman further said that India needs everyone to contribute towards nation building, while adding that she is not in agreement with people who claim that it is robbing the rich.


PTI
July 9, 2019



BusinessToday.In
July 9, 2019
On Saturday, Punjab National Bank alleged that the bankrupt steel company misappropriated bank funds and manipulated its books of accounts to raise funds from its consortium of lenders. The size of the fraud is pegged at Rs 3,805 crore against Rs 2,348 crore mentioned in the CBI FIR against the company and its top brass.


PTI
July 9, 2019



PTI
July 9, 2019
Some of the recent studies have said the waiting period for Indian IT professionals on H-1B visas is more than 70 years


BusinessToday.In
July 9, 2019
WhatsApp has become a source of fake news, abuse and antisocial hatred, both in India and abroad


Goutam Das
July 9, 2019
Over 50 per cent of the developers that existed in India's top nine cities in 2011/12 exited the market by 2017/18, PropEquity states.


PTI
New Delhi, July 8, 2019
The amendment bill allows voluntary use of Aadhaar as proof of identity for users to open bank accounts and get mobile phone connections


BusinessToday.In
July 8, 2019
Shares of Jet Airways were locked in 5% lower circuit at Rs 59.70 for the fourth straight day after media reported that the government has ordered Serious Fraud Investigation Office (SFIO) probe against the grounded airline and its group companies for alleged diversion of funds, indulging in malpractices and other financial irregularities found during an inspection.


PTI
July 8, 2019



BusinessToday.In
July 8, 2019
On Budget day, Sensex rose to 40,032 level gaining 124 points intra day before the Budget speech started. However, the index tanked 467 points intra day to hit a low of 39,441 after FM Sitharaman finished her maiden Budget speech.


BusinessToday.In
New Delhi, July 8, 2019
Budget 2019: Visa, Mastercard, other credit card firms stare at losses as govt pushes for e-paymentsMultinational electronic payments companies like Visa and Mastercard are likely to face losses after the recent Budget announcement regarding low-cost electronic payments. Finance Minister Nirmala Sitharaman in her Budget speech had proposed that a new section would be inserted into the Income Tax Act, under which business enterprises with an annual turnover of over Rs 50 crore would be require...


PTI
New Delhi, July 7, 2019
The surcharge on super rich is expected to fetch an additional Rs 12,000-13,000 crore, said  Revenue Secretary Ajay Bhushan Pandey


BusinessToday.In
New Delhi, July 7, 2019
Retail credit card companies, which make decent profit on business from large retailers, will now be affected as retailers will be inclined to provide other e-payment options to customers


BusinessToday.In
New Delhi, July 7, 2019
The m-cap of HDFC jumped 14,941.11 crore to Rs 3,93,135.72 crore


PTI
July 7, 2019
As per latest depositories data, FPIs withdrew a net amount of Rs 3,710.21 crore from equities but invested Rs 3,234.65 crore in the debt segment during July 1- 5, resulting in a net outflow of Rs 475.56 crore.


Reuters
July 7, 2019
The politicians, civil servants and corporate lobbyists who live in substantial houses and apartments in central Delhi pay very little to get limitless supplies of piped water. But step into one of the slum areas in the inner city, or a giant disorganized housing estate on the outskirts and there is a daily struggle to get and pay for very limited supplies of water.


Reuters
July 7, 2019
India will closely monitor its shadow lending sector, the finance minister said on Saturday, a day after announcing the RBI would get much more regulatory authority over non-banking financial companies (NBFCs).


Reuters
July 7, 2019
The Indian government on Friday announced a fresh capital infusion of about $10 billion into debt-burdened state banks and credit guarantees to support shadow lenders in a bid to boost lending and revive the economy.


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