New Delhi: The Government has said that it will come out with a new natural gas pricing formula by September 30 keeping in mind the interest of investors and public.Replying to questions in Rajya Sabha,
New Delhi: Tata Sons' Chairman-Emeritus Ratan Tata has suggested that Indian companies need to focus more on collaboration in various areas so as to propel the country instead of focussing only on individual achievements."We need
New Delhi: Industrial output slowed down in June to 3.4 per cent though it remained in the positive territory for third month in a row, while retail inflation inched up marginally in July on account
Mumbai: Deutsche Asset Management India launched an arbitrage fund today, in the open-ended equity scheme portfolio.“The DWS Arbitrage Fund is an ideal investment solution for investors, seeking returns through arbitrage opportunities that exist in the
Mumbai: The country's largest lender SBI today said it has launched a Hindi version of its mobile application ‘State Bank Anywhere'.The bank said that it had launched the app in English in March, which received
New Delhi: Retail inflation inched up to 7.96 per cent in July, mainly due to higher prices of food items such as vegetables, fruits and milk. Retail inflation measured on consumer price index (CPI) in
New Delhi: Petrol price is likely to be cut on Friday on the back of softening in international rates, Indian Oil Corp, the nation's largest fuel retailer, indicated today.“Petrol is a decontrolled product and prices
New Delhi: Tightening the regulatory noose on fraudsters, Parliament today cleared a key bill to allow Sebi to act against ponzi schemes and market manipulators more effectively with powers for search and seizure, attachment of
New Delhi: Mutual fund managers raised their exposure in bank stocks to fresh all-time high of over Rs 55,000 crore in July this year amidst soaring equity market. According to the latest data available with market
New Delhi: Hindustan Coca-Cola Beverages, The Coca-Cola Company's largest bottling partner in India, has expressed interest to set up a Rs. 1,000-crore bottling plant in Telangana and has sought land for the proposed venture."Executive Vice
New Delhi: Finance Minister Arun Jaitley has said the Rs 6.23 lakh-crore indirect taxes collection target for 2014-15 is a challenging one but can be achieved. To achieve this target he pinned hopes on a
New Delhi: To safeguard investors' interest in the newly created business trust structures—REITs and InvITs—Sebi norms will require them to mandatorily list on stock exchanges and follow stringent norms for disclosures, related party transactions and
New Delhi: With an estimated Rs 4 lakh crore of tax revenue locked up in litigation, the CBDT has created over 240 new posts of Commissioners (Appeals) to speed up the legal disposal system in
New Delhi: State-owned Bank of India (BoI) has raised Rs 2,500 crore from Tier I bonds to fund its business expansion plans. Funds have been raised through Basel III compliant Tier-1 bonds by way of private
Mumbai: Towards aiding the government meet its fiscal deficit target, the Reserve Bank of India (RBI) Monday transferred it a surplus profit of Rs.52,679 crore, the central bank said.The amount is around 60 percent more
New Delhi: Finance Minister Arun Jaitley Sunday asked market regulator Securities and Exchange Board of India (Sebi) to be vigilant against possible market violations, while focusing more on attracting retail investors and addressing their grievances.
New Delhi: To simplify procedural requirements in capital markets, Sebi on Sunday cleared a one-time single registration process for stock brokers and clearing entities to allow them operate across different bourses."There will be a single
New Delhi: Shares of real estate companies surged up to 6 per cent in trade on Monday, after capital markets watchdog Sebi approved regulations for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).The
New Delhi: Jindal family is close to finalising a deal to buy insolvent Italian steelmaker Lucchini, Italy's prime minister Matteo Renzi said on Sunday.Lucchini, formerly owned by Russia's Severstal, was declared insolvent in 2012 and
Mumbai: State-run Central Bank of India has appointed SBI Caps to identify a buyer for its stake in Infrastructure Leasing & Financial Services (IL&FS). “We have appointed SBI Caps as the merchant banker to find
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