The allotment for the shares is expected to be known by October 7/ October 8. Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue

Employment rate scaled up to its highest level since lockdown to almost 38 per cent from 37.5 per cent in August. \"These are big and welcome gains,\" says CMIE CEO Mahesh Vyas

Finance Ministry said that the government is open to all possibilities to minimise COVID-19's impact and the Finance Minister is not averse to taking any further measures to ease people's suffering

Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process

The objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. Being an OFS, the net proceeds from the share sale of UTI AMC will go to existing shareholders SBI, LIC, BoB

Kotak Mahindra Capital Company, Axis Capital, Citigroup Global Markets India, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer

Employee provident fund (EPF) is one of the most dependable channels for retirement investment for majority of salaried people. However, recently the reports claimed that the EPFO will credit interest rate on your EPF investments in two tranches (8.15 per cent now, and 0.35 per cent by December 31). The confirmation is awaited. This video explains why the delay.

Introducing the bills, Labour Minister Santosh Gangwar stressed that the objective of labour reforms is to have labour laws in line with the changing world of workplace and provide an effective and transparent system, balancing the needs of workers and industries

Soon after the spread of coronavirus, FM Sitharaman, in a relief to the employees and employers, reduced the mandatory monthly EPF contribution to 10 per cent of the basic salary from 12 per cent for the months of May, June and July

Lenders to once-a-billionaire Anil Ambani's Reliance Capital Limited (RCL) which recently defaulted on its debt repayments to debenture holders have reportedly appointed investment management firms to sell assets of the company

Employees in the age bracket of 22-25 years were the worst hit followed by the age group above 35, 29-35 years and 26-28 years, respectively

Earlier in July, provisional data had showed net new enrolments for the month April at 1 lakh which were revised down to 20,164 in August

Of the 10.4 million salaried employees who withdrew their retirement savings in this period, at least 8.2 million were those who earn less than Rs 15,000 per month

The Securities and Exchange Board of India (Sebi) is looking to refurbish its IT infrastructure network and communication systems

The EPFO has decided to provide 8.15 per cent interest on EPF right away and the remaining 0.35 per cent rate would be credited into the subscribers' account by the end of this year, after proposed liquidation of ETFs

Dow Jones opened higher as a rout in technology shares halted and investors shrugged off news that AstraZeneca had paused global trials of its experimental COVID-19 vaccine

This include personal income tax (PIT) refunds amounting to Rs 30,768 crore issued to 25.83 lakh taxpayers and corporate tax refunds amounting to Rs 70,540 crore issued to over 1.71 lakh taxpayers during this period

The 2020 Forbes list of 400 Richest People in America has been topped by Bezos, 56 who has a net worth of USD 179 billion and has occupied the spot of the richest person in the US for the third year in a row

The coal behemoth said that 18 mining projects with a total rated capacity of 132.04 million tonnes per annum and a total investment of Rs 21,244.55 crores were approved by the board of CIL and its arms during 2019-20

The scheme is aimed at achieving the government's objective of 'Housing for All'. Despite the COVID-19 induced lockdown, IIFL Home Finance has continued business at a brisk pace and is back to normal as earlier, a company release said