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BusinessToday.In
New Delhi, September 19, 2018
Once the process is complete Samara Capital and Amazon plan to rapidly expand the chain which was put on hold due to its burgeoning debt.


Reuters
Mumbai, September 19, 2018
The government's latest measures to support the rupee announced last week were particularly underwhelming for market participants who have since increased bearish positioning on the currency.


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.


BusinessToday.In
September 17, 2018
Despite steps such as withdrawing withholding tax on Masala bonds, allow some breathing space to foreign portfolio investors, and check non-essential imports and promote exports in order to arrest the decline in rupee, the local currency fell over 50 paise below the 72 level per dollar mark in trade today.


BusinessToday.In
September 17, 2018
The bonds are directly pegged to the Indian currency. So, investors will directly take the currency risk or exchange rate risks. If the value of Indian currency falls, the foreign investor will have to bear the losses, not the issuer which is an Indian entity or a corporate.


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


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
September 12, 2018
Vibha Padalkar has been instrumental in listing of HDFC Life at smashing high valuation of close to Rs 95,000 crore.


BusinessToday.In
September 10, 2018
Earlier, the Indian currency opened at a fresh record low of 72.18 to the dollar, down 45 paise compared to Friday's close of 71.73 level. The currency witnessed intense volatility and hit all-time low of 72.64 during morning deals.


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.


Reuters
September 8, 2018
Alibaba Group Holding Ltd's billionaire co-founder Jack Ma will announce a succession plan on Monday to hand the reins of his sprawling empire to a new generation of leaders but will remain executive chairman for the time being.


BusinessToday.In
New Delhi, September 7, 2018
GreyOrange, one of the rare hardware startups to come out of India, was founded in 2011 by BITS-Pilani graduates Samay Kohli and Akash Gupta.


BusinessToday.In
September 6, 2018
While the sharp decline in rupee's value has unnerved importers, it has also brought cheer to many Indians who stand to gain from its slide.


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
September 6, 2018
Continuing its losing streak against the US dollar for the seventh consecutive session, the Indian rupee on Thursday breached the 72 mark for the first time.


BusinessToday.In
September 5, 2018
The Indian rupee continued to lose its value on Wednesday, falling to a record low of 71.79 against the US dollar.


BusinessToday.In
August 31, 2018
The buzz is that the Income Tax department stands to make a whopping $2 billion from the $16 billion Walmart-Flipkart deal.


BusinessToday.In
New Delhi, August 22, 2018
Flood hit Kerala seeks hike in borrowing limit to 4.5% to raise Rs 10,500 croreBattling its worst flood in nearly a century, Kerala is planning to raise an additional Rs 10,500 crore debt for rehabilitation and rebuilding. To achieve this, the Chief Minister Pinarayi Vijayan today said that his government will ask Centre to raise the ceiling on borrowing for the state to 4.5 per cent of the GDP. The borrowing limit is currently capped at 3 per cent. GSK seeks mid-September bi...


Mail Today Bureau
August 22, 2018
Department of Investment and Public Asset Management has written a letter to ONGC stating that a listing would also help unlock value in the unit by improving its corporate governance and efficiency.


Sonal Khetarpal
August 14, 2018
Promoters of MNCs have also increased the stake in their Indian subsidiaries, probably indicating their belief in the 'India story'.


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