The country's largest lender State Bank of India (SBI) on Monday said it has launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the RBI.
Anil Ambani-led Reliance Capital, which recently defaulted on repayments to its debenture holders and other creditors, has begun the process for monetisation of its assets, market sources said.
The Kerala Government issued an order to deduct the salary of government employees for six days every month for the next five months as part of raising funds for fighting the COVID-19 pandemic in the State. The order made it clear that there will be no salary cut for those staffwho earn less than Rs 20,000 per month.
The Sensex dived 812 points while the Nifty closed below the 11,300-mark on Monday, in tandem with a global selloff after a resurgence of coronavirus cases in Europe stoked fears of another round of lockdowns.
The Union Cabinet has approved hike in Minimum Support Price (MSP) for Rabi crops such as Wheat and Gram. The development has come a day after the two crucial farming bills were passed in Rajya following they were cleared in Lok Sabha, and finally set to become new laws.
Gold prices fell Rs 326 to Rs 52,423 per 10 gram in the national capital on Monday, in line with a weak global trend and rupee appreciation, according to HDFC Securities.
Domestic equity benchmark Sensex plunged 812 points on Monday, led by losses in Reliance Industries, ICICI Bank and Bharti Airtel amid a massive global selloff.
As part of the partnership, SBI Life's diverse range of individual and group insurance solutions will be offered to the customers of Yes Bank through the bank’s branches spread across 28 states and 8 Union Territories in India.
GSTN, which handles the IT backbone for Goods and Services Tax (GST) has already started providing tax liability data based on sales return GSTR-1 of the taxpayer to be used in his tax payment form GSTR-3B in pdf form.
The ₹ 2,242-crore CAMS IPO will be an offer-for-sale of 1.22 crore shares by the promoters, Great Terrain Investment, NSE Investments, Warburg Pincus and Acsys Investments
Shares of Route Mobile, the cloud communication services provider made a strong debut on exchanges on Monday as it was listed ₹717 on BSE, a 104.86 per cent premium over its issue price of Rs 350 on NSE. Meanwhile, on BSE it listed at Rs 708, a premium of 102.29 per cent.
In a regulatory filing, HCL Technologies said the total equity value pay-out will be 158.2 million Australian dollars (about Rs 850.33 crore) after considering a total number of shares at 131.83 million on a fully diluted basis.
A 5 per cent customs duty will be reimposed on the import of open cell for TVs from October 1 following the end of one year exemption period. The government had last year exempted customs duty on open cell, a kep component of TV, for a year till September 30.
Tata-SIA-owned Vistara, which has implemented various cost-saving measures amid the coronavirus pandemic, will review salary cuts in January but has not laid off any of its nearly 4,000 employees, Vistara CEO Leslie Thng said on Sunday.
Bank of India has received its shareholders approval to raise up to Rs 8,000 crore through several modes including equity shares.
Lok Sabha on Saturday passed a bill to further amend the Companies Act and decriminalise various compoundable offences as well as promote ease of doing business in the country.
Tata group has received approval from the Drug Controller General of India (DCGI) for the commercial launch of the country's first CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) coronavirus test 'Feluda', the Council of Scientific and Industrial Research (CSIR) said on Saturday.
Lok Sabha on Saturday passed a taxation bill that seeks to provide various reliefs in terms of compliance requirements for taxpayers amid the coronavirus pandemic.
The Calcutta High Court on Friday passed its final judgment directing the removal of Harsh Vardhan Lodha from all the positions within the MP Birla Group.
The Aadhaar card for a child or ‘Baal Aadhaar’ will be issued free of cost. There will be no biometric data captured in case of children below 5 years of age
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