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BusinessToday.In
July 13, 2018
In a regulatory filing Fortis Healthcare disclosed that its board had decided to recommend the binding investment proposal from IHH Healthcare Berhad (IHH) to invest Rs 4,000 crore by way of preferential allotment at a price per share of 170.


BusinessToday.in
New Delhi, July 12, 2018
Govt may levy higher tax on petrol, diesel cars to promote electric vehicles: ReportIf the finance ministry has its way, then petrol and diesel cars might get more expensive in the near future. According to Mint, the government is considering a proposal to impose a marginally higher tax on conventional cars in an effort to push electric vehicles (EVs).Connaught Place is one of the world's 10 most expensive office markets: ReportAccording to property consultant CBRE, New Delhi's Conn...


BusinessToday.In
New Delhi, July 11, 2018
Though the latest UPI version would be loaded with features like auto debit and double transaction limit, etc, the Reserve Bank of India's decision withhold 'Standing Instruction' feature could be a dampener.


PTI
July 11, 2018
The company had received binding bids from Malaysia's IHH Healthcare and Manipal-TPG combine on July 3, the last day of submission of fresh round of bids called by a newly constituted board.


Mail Today Bureau
July 11, 2018
As part of mega anniversary sale, IndiGo is offering 12 lakh seats for travel between July 25, 2018 and March 30, 2019 across the 6E network including the international routes.


BusinessToday.In
New Delhi, July 10, 2018
With the NCLT on Monday rejecting Cyrus Mistry's allegations of lapses in governance on part of the Tata Group in dealings with Aircel, Sivasankaran has reportedly bucked up and is planning a counter-attack.


BusinessToday.In
New Delhi, July 9, 2018
Preliminary discussions are reportedly already underway with the RBI after the finance ministry, income tax department and some investigating agencies raised the issue in the wake of a series of steps to crack down on shell companies and money laundering.


Sumant Banerji
New Delhi, July 9, 2018
After displacing Samsung from pole position in smartphones, Xiaomi aims for a bigger play in Indian consumer durables.


Dipak Mondal
New Delhi, July 9, 2018
The GST bandwagon has had a choppy ride in the first year but is gaining momentum. Further fine-tuning of the GST law holds key to future success


BusinessToday.In
July 9, 2018
Paytm said that it has witnessed a tremendous increase in adoption of digital payments in tier II and tier III cities that constitute 50 per cent of its total user base.


Mail Today Bureau
July 9, 2018
The GST Council in its last meeting in May had discussed giving a concession of 2 per cent in GST rate (where the tax rate is 3 per cent or more) to consumers making payment through cheque or digital mode. The discount would be capped at Rs 100 per transaction.


PTI
New Delhi, July 8, 2018
The Sushil Modi-led ministerial panel will recommend to the GST Council to defer by a year the proposal to incentivise digital payments under GST, citing revenue implications of doling out concessional tax rate.


BusinessToday.In
July 7, 2018
The RBI had in April directed all the banks to stop dealing with individuals and businesses dealing in virtual currencies in next three months - the deadline ended on July 5.


Virendrasingh Ghunawat
Mumbai, July 6, 2018
It's not only the diamantaires Nirav Modi and Mehul Choksi who conspired and cheated the Punjab National Bank (PNB) of Rs 13,600 crore loan amount. Mumbai's leading hawala operator Mohammad Farooq was also not far behind, a charge sheet filed by the Enforcement Directorate has revealed.


BusinessToday.In
July 4, 2018
All the banks and financial entities after tomorrow will stop operating accounts that are in any way linked to virtual currency trade. So, if you are still invested in Bitcoin or any other cryptocurrencies, it's time to think about the options in front of you.


PTI
July 4, 2018
The Plaza Hotel, one of New York's most iconic buildings in which Subrata Roy-led Sahara India group has majority stake, has been fully acquired by a Qatar government-owned fund for about $600 million, according to a media report today.


PTI
New Delhi, July 3, 2018
As per the fresh criteria, which was put up by the Fortis board on May 29, the potential buyer had to make a minimum investment of Rs 1,500 crore into Fortis Healthcare by way of preferential allotment.


Virendrasingh Ghunawat
Mumbai, July 3, 2018
Choksi indulged in fund diversion to fulfil his luxurious needs. In 2013, he purchased a villa from Ziad Khalil Makkawi and Amal Boudhara Makkawi (UAE) and paid Rs 27 crore. To pay the EMI, Rs 15 lakh used to be transferred to Choksi's account from Gitanjali Venture DMCC in the guise of professional fees.


BusinessToday.In
New Delhi, July 3, 2018
The SC is scheduled to hear the petition against the RBI circular on July 20, but had agreed for an early hearing on July 3 on a separate petition filed by Internet and Mobile Association of India, which considers the cryptocurrency exchanges as its members.


BusinessToday.In
July 3, 2018
The apex bank had in April directed all the banks to stop dealing with individuals and businesses dabbling in virtual currencies in next three months - the deadline ends on July 5.


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