Business
Canada Gives Shot in the Arm to PM Modi’s Jobs Plan Ahead of 2019 Polls
Canada Pension Plan Investment Board (CPPIB) is looking for opportunities to invest in the country's infrastructure, power and real estate projects.
Rupee Slips 12 Paise to 68.74 Against US Dollar
The benchmark Sensex rose by 142.14 points, or 0.39 per cent, to 36,515.58 in early session on Thursday.
Airbus Strikes Deals in India, China Amid Brexit Concerns
China’s Sichuan Airlines said it will be buying 10 A350 long-haul planes with a list price of $2.8 billion (2.4 billion euros), while India’s Vistara signed a letter of intent to purchase 13 single-aisle A320neo aircraft.
e-Filing Your ITR FY 2017-18? Here's How to e-Verify Your Return in 5 Ways
Once you file a return it is important to e-verify your online Income Tax Return, without which, the ITR filing process is incomplete.
Sensex Hits Record High Ahead of IIP and Inflation Data, Nifty Tops 11,000
The 30-share index rose by 259.73 points, or 0.72 per cent, to hit a new high of 36,525.66, surpassing its previous intra-day record of 36,443.98 hit on January 29.
Axis Bank Shortlists 3 Candidates to Succeed MD & CEO Shikha Sharma
The candidate as approved by the RBI, will succeed Shikha Sharma, whose term as the Managing Director & CEO of the Bank, is due to expire on 31st December 2018, the bank said.
Happy to Get Merger Letter; We Will Remain Competitive: Vodafone CEO Designate
Vodafone will own 45.1 stake in the combined entity, while Kumar Mangalam Birla-led Aditya Birla Group will have 26 per cent and Idea shareholders 28.9 per cent.
Infosys Foundation to Contribute Rs 200 Cr for Metro Work
Dr Sudha Murthy, Chairperson, Infosys Foundation, called on the Chief Minister and held discussions on the matter, a government release said.
Sahara Sells New York's Iconic Plaza Hotel For $600 Million to Qatar's Fund
Qatar's state-owned Katara Holding has acquired full ownership of the hotel, including a 75 per cent stake from Subrata Roy-led Sahara India Pariwar for about USD 600 million, according to the Wall Street Journal.
Equities Edge Higher on Value-buying; Pharma, IT Shares Spurt
The Sensex shrugged of its weak start and touched a high of 35,445.21 on robust buying in pharma and IT stocks. It finally settled at 35,378.60, showing a gain of 114.19 points, or 0.32 per cent.
PNB to Stop Most Ops at Mumbai Branch That Was at Heart of Rs 13,000 Crore Scam: Report
Fronted by an imposing colonial facade, the branch has a foreign exchange department and handles mainly mid-sized corporate accounts. It also has a small retail operation, which will stay open after the restructuring, says the report.
Government May Hike Paddy MSP by Rs 200 per Quintal to Woo Farmers Before 2019
A decision in this regard will be taken during the week. Prime Minister Narendra Modi had last week announced that the Cabinet will approve the hike in MSP to at least 1.5 times of the production cost in the forthcoming meeting.
Govt Forms Panel to Upgrade Norms for State, District Level Economic Data Collection
The panel has been asked to "review the concepts, definitions, classifications, data conventions, data sources and data requirements for preparation of State Domestic Product (SDP) and District Domestic Product (DDP) and to lay down revised guidelines".
Bank of Maharashtra CEO and Executive Director Relieved of All Functional Responsibilities
The board of directors of the bank in its meeting held on Friday decided that R P Marathe, managing director and CEO, and R K Gupta executive director of bank will be divested of all functional responsibilities with immediate effect.
Govt Adopts 'Wait and Watch' Approach on Air India Stake Sale, Says Official
The official also said the general view in the government is that the national carrier should be in the hands of Indian entities.
India Bows to US Pressure, Prepares for Cut in Oil Imports From Iran: Report
India has said it does not recognise unilateral restrictions imposed by the U.S., and instead follows U.N. sanctions. But the industry sources said India, the biggest buyer of Iranian oil after China, will be forced to take action to protect its exposure...