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BusinessToday.In
New Delhi, September 20, 2018
Income tax officials inspect books of Jet Airways in Mumbai, Delhi officesThe Income Tax Department on Wednesday swooped down on the premises of Jet Airways in Mumbai and Delhi to carry out an inspection of the books of the crisis-ridden airline for alleged falsification of accounts and siphoning of funds. As many as 50 tax officials are reported to have been pressed into action for the survey operation under Section 133A of the Income Tax Act at the Naresh Goyal-led airline's And...


BusinessToday.In
September 20, 2018
On Wednesday, the Sensex extended losses for the third straight session, to end at a near two-month low as cautious investors pared their portfolios, ignoring positive global cues and recovery in rupee.


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
September 19, 2018
India's largest law firm, Cyril Amarchand Mangaldas (CAM), is being scrutinized by CBI sleuths after they seized documents related to the $2 billion fraud at state-run Punjab National Bank (PNB) from CAM's premises in February


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 18, 2018
Continuing its intermittent fall against the US dollar, the Indian rupee dived to another all-time low of 72.98 on Tuesday. The currency has lost over 13 per cent in value against the greenback since the beginning of the year.


Reuters
Islamabad, September 18, 2018
The auction on Monday raised about $1.6 million, government official Mohammad Asif told local Geo TV. That is just one-tenth of the amount PM Imran Khan had predicted, and only 61 of just over 100 vehicles were sold.


BusinessToday.In
September 18, 2018
In an effort to curb mis-selling of schemes, the market regulator may bar mutual funds from paying upfront commission to distributors and financing their foreign junkets.


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.


Niti Kiran
New Delhi, September 17, 2018
India stands out on the global stage for fund raising through IPOs. The future looks promising too.


PTI
September 16, 2018
As many as 44 shareholders of Flipkart, including significant ones like SoftBank, Naspers, venture fund Accel Partners and eBay, had sold their holdings to Walmart.


PTI
September 15, 2018
This is the second consecutive week of major fall in the reserves which indicates that the central bank has been selling the greenback to fight the fall in rupee, which had crossed the 73-mark earlier this week.


BusinessToday.In
New Delhi, September 12, 2018
The Indian currency hit a fresh record low of 72.91 against the dollar on Wednesday, only to recover to Rs 72.35. The currency has fallen over 13 per cent against the dollar since January.


PTI
New Delhi, September 11, 2018
Crude oil prices went past the $78 a barrel mark, along with unabated foreign fund outflows and sharp plunge in domestic equities weighed on the rupee


BusinessToday.In
September 11, 2018
While several measures have been suggested to contain the rupee fall which has depreciated nearly 13% since the beginning of this year, you will be surprised to know that the Indian currency is not the only one to lose major ground due to geopolitical and fiscal factors.


BusinessToday.In
September 6, 2018
Qatar Airways, which has been eyeing the fastest-growing Indian aviation market for a while now, is showing interest in buying Air India.


PTI
September 4, 2018
The comments come less than three months after Baker said that the Gulf carrier would soon be moving an application to launch a full-service airline in India for domestic operations.


BusinessToday.In
New Delhi, September 3, 2018
The RBI's move signals that gold could be in demand as a store of value given the declining returns and capital values of fixed-income bonds in a rising interest rate environment.


PTI
September 2, 2018
As per the provisions of the I-T law, Walmart has to deduct withholding tax on payments made to sellers and deposit it with the Indian authorities on the seventh day of the subsequent month, which falls on September 7.


Reuters
September 2, 2018
The Trump administration says Islamabad is granting safe haven to insurgents who are waging a 17-year-old war in neighboring Afghanistan, a charge Pakistan denies.


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