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BusinessToday.In
New Delhi, August 23, 2018
Chanda Kochhar to be considered for director's post on ICICI Securities boardICICI Bank CEO and Managing Director Chanda Kochhar has suggested her name for a seat on the Board of Directors of ICICI Securities, the private lender's broking arm. The proposal will be up for consideration during the annual general meeting of ICICI Securities scheduled for August 30.Kochhar is facing scrutiny from several regulatory bodies as well as an internal probe initiated by the ICICI Bank over c...


PTI
New Delhi, August 22, 2018
The company has been allotted 123.7 acre of land in the DMIC Integrated Industrial Township Greater Noida (IITGN) project for setting up manufacturing units.


BusinessToday.In
New Delhi, August 21, 2018
SBI chairman Rajnish Kumar said government and judiciary areequally responsible for India's bad loan crisis; half a million Chinesenationals to reside in the Chinese colony being set up at Pakistan's Gwadar Port;and US Citizenship and Immigration Services director wants strict laws to stopAmerican jobs from going to Indians. BusinessToday.In Editor Rajeev Dubeyexplains this and more on The Good, The Bad and The Ugly.


BusinessToday.In
August 21, 2018
There are already clear signs of green shoots sprouting in pockets of local manufacturing in sectors as diverse as steel, auto, chemicals and energy.


BusinessToday.In
New Delhi, August 21, 2018
Reliance Jio adds over 9.71 million subscribers in JuneThe mobile subscriber base in the country increased to 114.65 crore with net addition of 1.55 crore in the reported month. Reliance Jio led the growth in mobile segment by adding over 97 lakh new connections during the month. It was followed by Idea Cellular which added over 63 lakh new connections. Vodafone saw an addition of over 2.75 lakh new mobile connections, BSNL 2.44 lakh and Airtel 10,689. Tata Teleservices, which i...


PTI
New Delhi, August 20, 2018
According to the latest data uploaded on Monday, the new members enrolment in June is the highest so far in the last 10 month at 7,93,308.


Manu Kaushik & Joe C Mathew
New Delhi, August 20, 2018
Less than a year after taking charge, K.J. Alphons, Minister of State (Independent Charge) for Tourism, launched a revamped Incredible India campaign. Alphons, who is candid about the issues facing India's tourism sector and wants to reduce the role of the government to just promoting tourism, speaks about efforts to make tourism hip again in a conversation with Business Today's Manu Kaushik and Joe C. Mathew. Edited excerpts:


Jiger Saiya
New Delhi, August 20, 2018
A quick look at the new tax act's key implications for businesses in the US-India context.


BusinessToday.in
New Delhi, August 15, 2018
As the rupee hit another low, breaching the 70 mark against US dollar and the tariff war between the United States and China starts to affect India, BusinessToday.In Editor Rajeev Dubey analyses the economic situation of the country. Watch him discuss rising inflation, skyrocketing oil prices, lack of jobs and other challenges that the government faces.


Rajiv Jayaraman
August 15, 2018
These digital born companies are not in the business of producing the product that the buyer consumes. They are in the business of facilitating interactions between producers, partners and consumers on a digital platform in a seamless fashion.


BusinessToday.in
New Delhi, August 14, 2018
Retail inflation slows down to 9-month low level in JulyRetail inflation plunged to a 9-month low of 4.17 per cent in July as vegetable prices fell, strengthening views that the RBI will keep interest rates on hold at its review in October after raising them for a second straight meeting on August 1. The RBI has raised the key repo rate by 0.25 per cent each on inflationary concerns. The next bi-monthly policy is to be unveiled on October 5. Ease of Living Index: Pune ranks first ...


Mail Today Bureau
August 14, 2018
The rate of price rise in fruits slowed down 6.98 per cent, as against over 10 per cent in the previous month. However, inflation in the fuel segment based on the changes in the CPI increased to 7.96 per cent from 7.14 in the previous month.


Sahil Joshi
Mumbai, August 13, 2018
The Mudra scheme was aimed at fulfilling Modi's 2014 election campaign promise of jobs to youngsters. Under this much-touted scheme, over 90% loans are small loans (up to Rs 50,000), which as experts believe are not enough to create substantial jobs.


BusinessToday.In
New Delhi, August 13, 2018
Those interested in applying for the posts will have to register for an online examination.  The selected candidates will subsequently be called for other stages of recruitment.


BusinessToday.In
August 13, 2018
PM Modi may push financial inclusion drive in I-Day speechPrime Minister Narendra Modi is expected to announce benefits for about 32 crore Jan Dhan account holders in his Independence Day address this week to provide a boost to the government's financial inclusion drive, official sources said. There could be a doubling of overdraft facility to Rs 10,000 under the Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders as part of the government's effort to fund the unfunded, they ...


BusinessToday.In
August 12, 2018
PM Modi argued that when investment in infrastructure projects like, making roads, laying down rail lines, setting up power generation is at all-time high, how come the jobs will not be created.


BusinessToday.In
August 8, 2018
The Competition Commission of India (CCI) cleared the acquisition of India e-commerce major Flipkart by the United States-based retail behemoth Walmart.


BusinessToday.In
August 8, 2018
The International Monetary Fund (IMF) believes the $2.6 trillion Indian economy is an elephant that is starting to run.


BusinessToday.In
New Delhi, August 8, 2018
PNB posts Rs 940 crore Q1 loss amid decline in NPAsScam-hit Punjab National Bank (PNB) reported a loss of Rs 940 crore for the June quarter of financial year 2018-19. The public sector lender had posted a net profit of Rs 343.40 crore in the same quarter of last fiscal. This is the second consecutive quarterly loss for the second biggest state-run lender. The scam-hit bank had recorded biggest ever quarterly loss of Rs 13,417 crore for the January-March period on the back of Nir...


BusinessToday.In
August 8, 2018
Last month, the government had doubled import duty on over 50 textile products - including jackets, suits and carpets - to 20 per cent, a move that was aimed at promoting domestic manufacturing.


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