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BusinessToday.In
June 21, 2018
The stock has gained 45.62% during the last one year and clocked 12.11% returns since the beginning of this year.


BusinessToday.In
June 21, 2018
The government is selling its 12% stake in the Miniratna firm, which is a leading player in the transport consultancy and engineering sector.  RITES is the first state-owned company to hit the IPO market in the current fiscal.


BusinessToday.In
June 20, 2018
The tax structure for petrol and diesel is likely to be a peak tax rate of 28 per cent plus states levying some amount of local sales tax or value added tax (VAT).


BusinessToday.In
June 20, 2018
The RITES stock is available at a price band of Rs 180-185 per share. The IPO closes on June 22.


BusinessToday.In
June 20, 2018
On Tuesday, the government launched the FFO of Bharat-22 Exchange Traded Fund (ETF), comprising shares of 22 companies. The issue received subscriptions from investors such as mutual funds houses, foreign portfolio investors (FPI), insurance and retirement funds.


BusinessToday.In
New Delhi, June 18, 2018
In its regulatory filing, ICICI Bank has also established that Kochhar will continue to hold the position of chief executive in the organisation.


BusinessToday.In
June 18, 2018
The sanctioned amount of Rs 16,000 crore does not include any expenses incurred or to be incurred for the buyback like filing fees, advisory fees, public announcement publication expenses, printing and dispatch expenses, and other incidental and related expenses, the company further added.


Mudit Kapoor
New Delhi, June 18, 2018
Mutual Fund Industry's AUM (Asset Under Management) has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs 23.26 trillion as on 30th April 2018. That's more than three-fold increase in a span of 5 years! The total number of accounts, or folios as per mutual fund parlance, as on April 30, 2018 stood at Rs 7.22 crore, while the number of folios under Equity, ELSS and Balanced schemes - where the maximum investment is from retail segment - has crossed a landmark of Rs 6 crore and stood at Rs 6.03 crore, according to data released by Association of mutual funds of India (AMFI).


PTI
June 18, 2018
According to latest data available with depositories, FPIs withdrew a net sum of Rs 831 crore from equities and a net amount of Rs 4,683 crore from debt markets during June 1-15, resulting in a total outflow of Rs 5,514 crore.


Reuters
June 18, 2018
Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.


PTI
June 17, 2018
Pressure has been mounting on the government to cut excise duty on petrol and diesel to bring down their prices which have gone up following a spike in crude prices in the international market.


PTI
June 17, 2018
This comes following a net outflow of over Rs 45,000 crore from capital markets (equity and debt) in the last two months. Prior to that, foreign portfolio investors had pumped in Rs 2,600 crore in March.


BusinessToday.In
June 16, 2018
The Directorate of Revenue Intelligence is once again examining all crucial findings in 14,000 pages of Prosecution Complaint filed by the Enforcement Directorate against Nirav Modi and others.


Anand Adhikari
New Delhi, June 15, 2018
Days after the Reserve Bank of India ( RBI) hiked the repo rate for the first time in four years by 25 basis points to contain inflation, bad news is pouring in from all sides.  Here are the four key developments.


Ajita Shashidhar
New Delhi, June 15, 2018
In the past one year while competition has grown in strength, the Patanjali growth story has crumbled like a pack of cards.


www.businesstoday.in
June 15, 2018



PTI
New Delhi, June 14, 2018
Sale of pre-GST packaged goods has now been allowed with stickers of revised rates till July 31, the government today said.


www.businesstoday.in
June 14, 2018



Joe C Mathew
New Delhi, June 14, 2018
In a concept note released on June 8, NITI Aayog said that the move is in line with the government plan to achieve the overall goal of affordable healthcare for all by making all critical and lifesaving medical devices available at affordable prices.


www.businesstoday.in
June 14, 2018



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