Regulation

Government may merge 6 EPC consultancy firms with Engineers India

The consolidation would give the new entity the capacity to bear higher risks and create more value for the stakeholders.

Feb 8, 2017

Can NBFCs fill the void as banks' appetite to lend deteriorates after NPA woes?

NBFCs have built substantial AUM in the personal loan and housing finance segments, which so far have been the bread and butter for retail banks.

Feb 7, 2017

RBI forced banks to grant loan to Kingfisher Airlines violating its own rules

Knowing well that KFA fell under the category of sub-standard assets, top RBI officials asked banks to loan more to the airline.

Feb 7, 2017

Govt walks the talk: Imposes 100% penalty for accepting cash above Rs 3 lakh

Finance Minister Arun Jaitley had proposed in the Budget to levy penalty on a person who receives Rs 3 lakh and above.

Feb 5, 2017

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

The revenue department has also proposed to make it mandatory for taxpayers to file I-T returns by March end of the assessment year.

Feb 3, 2017

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

The move will effectively make it difficult for Indian IT companies to do business in the world's largest software market.

Jan 31, 2017

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

The violations of anti-money laundering laws involved Deutsche Bank's branches in Moscow, London and New York.

Jan 31, 2017

Former minister Hari Narayan Rai is the first person to be convicted under India's money-laundering laws

Former Jharkhand minister Hari Narayan Rai has been convicted under the Prevention of Money Laundering Act (PMLA), and is sentenced to seven years in prison.

Jan 31, 2017

Donald Trump's immigration ban: Here's how US tech industry leaders reacted

In an executive order last week, Trump banned the entry of citizens from seven Muslim countries to "keep radical Islamic terrorists" out of America.

Jan 30, 2017

Goldmoney adds Shariah-compliant methods to boost investment from Islamic markets

Islamic investors can now instantly purchase, save and transact in gold globally on Goldmoney's platform.

Jan 24, 2017

Ayush ministry to take misleading advertisers of ayurveda and yoga to task

The ministry has tasked the advertising watchdog ASCI to scan through advertisements across 900 publications and 500 TV channels.

Jan 22, 2017

cement sector, cement update, top picks, dalmia cement, MOSL research, shree cement, ramco cement

CCI fines cement companies Rs 205 crore for cartelisation in Haryana

Shree Cement, UltraTech Cement, Jaiprakash Associates, JK Cement, Ambuja Cements, ACC and JK Lakshmi Cement have been fined for bid-rigging.

Jan 20, 2017

Disclosure of property, jewelry and overseas account holdings not allowed in PMGKY tax amnesty scheme

The Central Board of Direct Taxes said only unaccounted domestic cash holding can be declared through the scheme.

Jan 19, 2017

Brexit: Here is the 12-point plan British PM Theresa May laid out for UK leaving the EU

British PM Theresa May warned that she would not tolerate 'opposition for opposition's sake' when time came for the Brexit deal to be negotiated

Jan 17, 2017

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

The market regulator also allowed celebrity endorsements of mutual funds at an industry level, but not a particular scheme or as a branding exercise of a mutual fund house.

Jan 15, 2017

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Regulation

Government may merge 6 EPC consultancy firms with Engineers India

Can NBFCs fill the void as banks' appetite to lend deteriorates after NPA woes?

RBI forced banks to grant loan to Kingfisher Airlines violating its own rules

Govt walks the talk: Imposes 100% penalty for accepting cash above Rs 3 lakh

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

Former minister Hari Narayan Rai is the first person to be convicted under India's money-laundering laws

Donald Trump's immigration ban: Here's how US tech industry leaders reacted

Goldmoney adds Shariah-compliant methods to boost investment from Islamic markets

Ayush ministry to take misleading advertisers of ayurveda and yoga to task

CCI fines cement companies Rs 205 crore for cartelisation in Haryana

Disclosure of property, jewelry and overseas account holdings not allowed in PMGKY tax amnesty scheme

Brexit: Here is the 12-point plan British PM Theresa May laid out for UK leaving the EU

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

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]