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Top Story

Mentioning the information on the front of the pack is a practice in developed countries and India now appears to be going in that direction

Front-of-pack labelling: Why FSSAI's move on junk food is important

Sep 24, 2021

While it sounds like a great idea, execution will be anything but easy. The bigger question is how much of a difference the whole thing makes to the consumer

As Eureka Forbes moves into the hands of PE major Advent International, it marks the departure of the SP Group

SP Group looks to cut debt burden in other firms after Eureka Forbes sale

Sep 20, 2021

Eureka Forbes had been looking to exit the business for at least a year with interest largely having come from the private equity players, with Electrolux being the only consumer durable player

NARCL will buy the bad loans from banks and hand them over to AMC for resolution and restructuring. The equity partners for AMCs are yet to come on board

Govt-backed 'bad bank' yet to tie up some loose ends; here's a list

Sep 16, 2021

The resolution of bad loans in five years will be a big challenge. The private ARCs have been struggling to resolve the issues as there has been a lack of interest among buyers

The rationalisation of AGR will also result in significant savings for the telcos as they will no longer be required to pay AGR on non-telecom revenues in future

Telecom reforms a big boost but no respite from fee on existing spectrum income

Sep 15, 2021

As per ratings agency ICRA, the four-year moratorium is likely to provide a breather of Rs 14,000 crore to the industry. It will also increase the survival chances of Vodafone Idea, which has the highest AGR dues

The first part by way of incentives is done and all eyes will be on how it all plays out. Photo: Reuters

Automakers hail PLI scheme; say it’ll enthuse players to invest more in India growth story

Sep 15, 2021

The govt, with an eye to promote the green vehicle story, is looking to make the industry more future-ready. Players and industry trackers think this will be the beginning of big-ticket investments flowing into the sector

The Cabinet also announced a four-year moratorium on the pending AGR dues of the telecom operators, a move that will provide much-needed relief to telcos like Vodafone Idea and Airtel

From moratorium on AGR dues to 100% FDI, govt approves bold reforms for telecom sector

Sep 15, 2021

Total nine structural reforms and five process reforms have been approved for the telecom sector. They will change the framework of the entire telecom sector, says Telecom Minister Ashwini Vaishnaw

Union Minister for I&B and Youth Affairs & Sports Anurag Thakur

Cabinet briefing: 9 structural, 5 process reforms approved for telecom; telcos to get 4-year moratorium on AGR dues

Sep 15, 2021

The PM Narendra Modi-led Cabinet has taken key decisions to provide much-needed relief to the telecom and auto sectors

Punit Goenka, CEO and Managing Director of Zee Entertainment Enterprises. Photo: Reuters

Boardroom potboiler at Zee: Can beleaguered MD Punit Goenka stave off shareholders demanding his exit?

Sep 14, 2021

Global fund house Invesco demands a revamp of the board and the exit of the erstwhile promoters, tells BT they have initiated this action to strengthen board governance

Zee Ent Managing Director Punit Goenka. Following the letter, Manish Chokhani and Ashok Kurien have resigned from the position of non-executive non-independent directors with immediate effect

Two Zee Ent institutional investors seek removal of Punit Goenka as director

Sep 13, 2021

Invesco Developing Markets Fund and OFI Global China Fund IIC hold 7,43,18,476 equity shares and 9,73,50,000 equity shares, respectively, in Zee Ent, representing 17.88% of the paid-up share capital

The due date of furnishing of return of income for the assessment year has been extended from September 30, 2021, to December 31, 2021, says the Finance Ministry

CBDT extends Income Tax Returns filing deadline to December 31

Sep 09, 2021

The decision to extend the deadline has been taken after considering difficulties reported by the taxpayers and other stakeholders in the filing of Income Tax returns, says the Finance Ministry

Reserve Bank Governor Shaktikanta Das

No evidence of high asset prices feeding in general inflation: Shaktikanta Das

Sep 09, 2021

Shaktikanta Das says the CPI inflation will gradually moderate from now on. At this point, the RBI is quite optimistic to achieve the projected 9.5 per cent growth in 2021-22, he adds