Regulation

Finance Ministry approves SEBI's plea of having four whole-time members

The Securities and Exchange Board of India (Sebi) had written to the finance ministry recommending that a fourth position of whole time member be created and the post should be filled up on a priority basis.

Dec 31, 2017

Insolvency proceedings: Banks to refer 25 of 28 firms on RBI's second list to NCLT

Companies like Videocon Industries, Anrak Aluminium and Jayaswal Neco Industries are there in the second list of defaulters prepared by RBI.

Dec 31, 2017

Corporate governance: Over 150 independent directors quit in last two months

With a surge regulatory scrutiny, more independent directors might quit in the future.

Dec 29, 2017

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RBI will not allow deadline extension for second list of loan defaulters

The RBI also declined to accept any other demand including the process related to settle the matter and restructure outside the court.

Dec 29, 2017

Zero power cut for all by March 2019; inverter business in India might plunge

A new law will be enacted to impose penalties on power distributors if they failed to provide an uninterrupted power after March 2019.

Dec 28, 2017

New Delhi, IndiaPatients and their attendants wait outside the Out Patient Department (OPD) at a government-run hospital in New Delhi, India, November 22, 2017. Picture taken November 22, 2017. REUTERS/Saumya Khandelwal

Govt hospitals might hire private doctors at higher or equal salaries

Although in times of shortage, some states and even Centre hire doctors on contract basis but most of the private doctors refuse to serve because of lower salaries.

Dec 28, 2017

Trips to UAE will now cost more as 5% VAT starts from January 1; travel companies likely to minimise cost for Indians

Big travel companies have said they will try to negotiate and minimise the impact of higher cost for the end users.

Dec 27, 2017

No further GST rate cuts as revenue concerns grow

According to the target set by the Union government, the Centre and the states combined should collect Rs 91,000 crore every month.

Dec 26, 2017

Enforcement directorate likely to scrutinise Bitcoin exchanges in India

The Bitcoin issue is in patchy water, as the regulator has not legalised trading and transaction of virtual currency in the country.

Dec 21, 2017

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Are startups in India being harassed by I-T department? Concerns raised over angel investment

Former Infosys board member Mohandas Pai, who is known for investing in many startups, raised the issue by tweeting to Union Finance Minister Arun Jaitley on Tuesday.

Dec 20, 2017

Centre willing to bring petrol under GST ambit, but after consensus with states

Earlier, during his tour to the US, the Union Finance Minister had hinted at the government's intentions to bring petrol under the GST regime, but never confirmed it.

Dec 20, 2017

Govt likely to offer relief to disqualified directors of shell companies

The government is likely to offer some breather with which the blacklisted companies can apply for a pardon for three month period starting January.

Dec 20, 2017

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FRDI Bill: Online petition to remove controversial clause goes viral as people panic over losing deposits

The petition, titled 'Do not use innocent depositors' was floated two weeks back and aimed to gather 1,50,000 signatures.

Dec 19, 2017

A man talks on his iPhone at a mobile phone store in New Delhi, India, July 27, 2016.

Apple India chief Sanjay Kaul quits over 5-year low in growth; Michel Coulomb named new head

Incidentally, Kaul's resignation also came on the day the company increased the prices of iPhones by an average of 3.5 percent after the government raised the basic customs duty (BCD) on mobile phones imported to India to 15 percent from 10 percent.

Dec 19, 2017

Crackdown on Bitcoin: I-T dept issues notices to 4 lakh HNIs across India

The Income Tax Department will seek relevant financial details and tax documents to scrutinise the transactions made by 4 lakh high net-worth individuals (HNI).

Dec 19, 2017

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Regulation

Finance Ministry approves SEBI's plea of having four whole-time members

Insolvency proceedings: Banks to refer 25 of 28 firms on RBI's second list to NCLT

Corporate governance: Over 150 independent directors quit in last two months

RBI will not allow deadline extension for second list of loan defaulters

Zero power cut for all by March 2019; inverter business in India might plunge

Govt hospitals might hire private doctors at higher or equal salaries

Trips to UAE will now cost more as 5% VAT starts from January 1; travel companies likely to minimise cost for Indians

No further GST rate cuts as revenue concerns grow

Enforcement directorate likely to scrutinise Bitcoin exchanges in India

Are startups in India being harassed by I-T department? Concerns raised over angel investment

Centre willing to bring petrol under GST ambit, but after consensus with states

Govt likely to offer relief to disqualified directors of shell companies

FRDI Bill: Online petition to remove controversial clause goes viral as people panic over losing deposits

Apple India chief Sanjay Kaul quits over 5-year low in growth; Michel Coulomb named new head

Crackdown on Bitcoin: I-T dept issues notices to 4 lakh HNIs across India

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]