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GST evasion: FinMin makes changes in e-way bill system to crack down evaders

3 hours ago

Business / Business Today/ Latest News

The enhanced feature would permit extension of validity of the e-way bill when the goods are in transit/movement..

GDR manipulation: SEBI bars Jindal Cortex, 3 directors from securities markets for 5 years

4 hours ago

Business / Business Today/ Latest News

The regulator examined the issuance of GDR by the firm and observed that it issued 5 million GDRs amounting to USD 38.75 million on the Luxembourg Stock Exchange in 2010..

Reserve Bank asks lenders to disclose IL&FS provisions in Q4 accounts

4 hours ago

Business / Business Today/ Latest News

In the notification, RBI has asked banks to disclose the IL&FS and group entities exposure in the notes to accounts in a standard proforma..

Lok Sabha election tracker LIVE: Begusarai must reject #39;tukde tukde gang#39;, says BJP chief Amit Shah at rally

3 hours ago

Business / MoneyControl/ Latest News

Live updates of the 2019 Lok Sabha election campaign. Phase 4 of polling will be held on April 29...

As revenue from BFS falls, Hexaware expects other verticals to drive growth

4 hours ago

Business / MoneyControl/ Latest News

The BFS segment accounts for about 40.8 percent of total revenue. In the quarter ended March 31, earnings from BFS dropped 2.11 percent sequentially to Rs 516.2 crore...

NBCC submits revised bid for Jaypee Infratech

4 hours ago

Business / MoneyControl/ Latest News

Lenders of debt-ridden company are expected to meet on April 26 to discuss revised bids of NBCC and Suraksha Group and also decide whether Adani Group can be allowed to enter the race at this stage..

Choksi appeals against plea to declare him fugitve

5 hours ago

News / Times Of India/ Business

Choksi and his nephew Nirav Modi are wanted by the ED and the CBI (Central Bureau of Investigation) for allegedly defrauding PNB to the tune of Rs 13,400 crore, in collusion with a few of its employees...

Members of Inter-State Gang Held for Cheating ICICI Bank, Withdrawing Over Rs 3 Crore With Cloned Cards

5 hours ago

News / IBNLive/ Latest Business News

The fraudsters from Jharkhand and West Bengal verified card numbers through e-wallets and booking application and validated PIN number of more than 3,500 bank customers through Interactive Voice Response...

Flipkart looks to invest Rs 5,000 crore in logistics parks; to generate 50,000 jobs

4 hours ago

Business / Business Today/ Latest News

Flipkart is acquiring 300 acres of land in Karnataka, Gurugram and West Bengal to set up logistics parks as part of its strategy to expand footprint in the country..

RailYatri plans 2,000 buses on its platform in 2 years

5 hours ago

Business / Business Today/ Latest News

Currently, RailYatri operates 25 buses under its brand name in the country's northern region and is planning to start operations in the southern region in about a week with 10 buses..

Opposition leaders move SC, seek review of order on matching of VVPAT slips with EVMs

5 hours ago

Business / MoneyControl/ Latest News

The plea, which has been filed after the conclusion of third phase of polls, said: "The petitioners submit that the aforesaid increase to a mere 2 per cent is not sufficient and will not make any substantial difference to the situation that existed prior to the passing of the impugned order...

WeWork India, Others offer Jobs to Jet Airways Employees

5 hours ago

News / IBNLive/ Latest Business News

Cash-starved Jet Airways, which has around 23,000 employees, has delayed payment of salaries to the employees, including pilots...

2019 Lok Sabha election: Sadhvi Pragya declares precious items worth Rs 2.54 lakh, total assets of Rs 4.44 lakh

3 hours ago

Business / Business Today/ Biz Wrap

Notably, Thakur did not declare any means of income, immovable assets or vehicles in the affidavit. In the affidavit, she did not mention any investments or loans either..

AAP forms 24 frontal organisations for targeted campaigning in Delhi

5 hours ago

Business / MoneyControl/ Latest News

These bodies would target particular groups and tell them what the AAP government has done for them and the benefits full statehood would bring for the national capital, the AAP said...

Lower hedging cost makes borrowing in dollars attractive for companies, says Bank of America

3 hours ago

Business / MoneyControl/ Business News

In dollar swap, the RBI buys dollars from banks for three years and offers them rupees in return. The tool was introduced in March to bridge the liquidity gap...

Tata Tele in talks with ATC to sell entire stake in tower biz for Rs 2,500 crore

3 hours ago

Business / Business Today/ Biz Wrap

Tata Teleservices is in talks with American Tower Corporation to sell its entire stake in the mobile tower business for about Rs 2,500 crore at a price of Rs 212 per share..

Indiabulls Housing Finance FY19 PAT climbs 11.8% to Rs 4,091 cr; board declares dividend of Rs 10 per share

6 hours ago

Business / Business Today/ Biz Wrap

Indiabulls Housing Finance board approved the proposal of issuing secured and unsecured Non-Convertible Debentures (NCDs) upto Rs 25,000 crore and Rs 1,000 crore respectively, on private placement basis..

ICICI Prudential Life Q4 profit slips 23% to Rs 261 crore

4 hours ago

Business / MoneyControl/ Business News

The company recommended a final dividend of Rs 1.55 per share of face value of Rs 10 each...

With RBI exist, government now owns 100% stake in NHB, Nabard

3 hours ago

Business / Business Today/ Sectors

The central bank has sold its stake in NHB on March 19, while it sold the stake in Nabard on February 26, RBI said in a statement on Wednesday..

Ipca Labs inks pact to acquire Ramdev Chemical for Rs 108.5 cr

5 hours ago

Business / MoneyControl/ Business News

The company has entered into a share purchase agreement (SPA) to acquire 100 per cent paid-up share capital of Ramdev Chemical Pvt Ltd (RCPL), Ipca Laboratories said in a regulatory filing...

Top pharma companies eyeing Bharat Serums and Vaccines

5 hours ago

Business / MoneyControl/ Business News

Focus on RD, technical competence, niche and complex product portfolio are some of the factors that make BSV as attractive proposition for PE investors and pharma companies...

Avaya partners with Standard Chartered to deliver multi-year CX transformation

6 hours ago

Business / MoneyControl/ Business News

Avaya OneCloud Private solution to deliver seamless, exceptional communications experiences across multiple customer touch points..

Trade Setup for Thursday: Top 15 things to know before Opening Bell

5 hours ago

Business / MoneyControl/ Market Edge

Gaurav Ratnaparkhi of Sharekhan by BNP Paribas said the bulls managed to defend the swing low of 11,550 (crucial support) thus keeping the possibility of wave extension open...

Editor#39;s pick of the day: Uber#39;s Amit Jain to quit; IT sector is hiring; BigBasket baskets big!

6 hours ago

Business / MoneyControl/ Current Affairs

On this podcast, we take a look at some of the biggest stories that made the most noise in India Inc...

We remain committed to continuously enhancing safety features for users: TikTok

4 hours ago

News / Times Of India/ Business

The Madras HC has lifted its earlier ban on the Chinese short-video app with the condition that the content hosted using it should be free from obscene videos of children and women...

Nifty chart: a midweek technical update (Apr 24, 2019)

6 hours ago

Business / Blogs/ Subhankar Blog

FIIs were net buyers of equity on Mon. and Wed. (Apr 22 and 24), but net sellers on Tue. Their total net buying was worth Rs 8.1 Billion. DIIs were net sellers of equity on Mon. and Wed. but net buyers on Tue. (Apr 23). Their total net selling was worth Rs 5.3 Billion, as per provisional figures.A key indicator of consumer demand, viz. auto sales, has been hit by relatively tight financial conditions, as banks have been reluctant to pass along interest rate cuts. Despite a spurt in Mar '19, India's exports remain at risk due to a slowing global economy and US-China trade war.According to rating agency ICRA, the domestic micro finance industry is on the path of recovery, and is likely to see a growth of 20-22% in FY 2019-20.The daily bar chart pattern of Nifty appears to have formed a large 'rising wedge' pattern from Feb '19 onwards. Such a pattern has bearish implications. So, it came as no surprise when a downward breakout occurred on Mon. Apr 22.The index fo..

British Entrepreneur Jason Unsworth Advised to Formally Engage With SBI Caps: Jet Airways

5 hours ago

News / IBNLive/ Latest Business News

The filing came in response to a clarification sought from the airline on reports that the British entrepreneur has offered to take control of Jet Airways...

Office space worth $35 billion eligible to be listed under REIT: JLL India

5 hours ago

Business / Business Today/ Latest News

REIT is an investment tool that owns and operates rent-yielding real estate assets. It allows individual investors to make an investment in this platform and earn income..

All-time high polling in Gujarat in Lok Sabha polls

4 hours ago

Business / MoneyControl/ Latest News

In 1967, the state had recorded 63.77 per cent turnout, a record that was broken this time...

WHO recommends one-hour maximum screen time per day for under-5s

5 hours ago

Business / MoneyControl/ Latest News

The United Nations agency, issuing its first such guidelines, said under-fives should also be physically active and get adequate sleep to help develop good lifelong habits and prevent obesity and other diseases in later life...

RBI Sells Entire Stake in National Housing Bank, NABARD to Govt for Rs 1,470 Crore

5 hours ago

News / IBNLive/ Latest Business News

RBI said that the divestment has been done on the recommendation of the second Narasimham committee report and the discussion paper prepared by the RBI on 'harmonizing the role and operations of development financial institutions and banks...

Mahindra Finance net profit jumps 87% to Rs 588 crore in March quarter

3 hours ago

Business / Business Today/ Biz Wrap

The total income of Mahindra Finance increased to Rs 2,480 crore as compared with Rs 1,808 crore in the year-ago quarter..

PM Modi to hold Varanasi road show Thursday, file nomination on April 26

6 hours ago

Business / MoneyControl/ Latest News

The road show will begin at around 3 pm after the prime minister garlands the statue of Banaras Hindu University founder Madan Mohan Malaviya, according to the schedule available now...

Q4 likely to be a mixed quarter for corporate banks: Vaibhav Sanghavi of Avendus

3 hours ago

Business / MoneyControl/ Business News

Talking about the corporate banking space, Sanghavi said that it would be a mixed quarter as we do not know which one would be in for kitchen sinking because of the new management...

ICICI Prudential Life Insurance Q4 profit dips 23% to Rs 261 cr, board declares dividend of Rs 1.55 per share

3 hours ago

Business / Business Today/ Biz Wrap

The embedded value (EV) of the company increased by 15.1 per cent to Rs 21,623 crore at the end of March 2019; total premium registered a growth of 14.3 per cent from Rs 27,069 crore to Rs 30,930 crore in 2018-19..

Clinivantage helps small hospitals and clinics in digital transformation

3 hours ago

Business / MoneyControl/ Business News

Jain said the entire platform can be accessed for as low as Rs 50 per patient per entire year for a small hospital...

RBI asks banks to disclose ILFS provisions in Q4 accounts

4 hours ago

Business / MoneyControl/ Business News

Mumbai-headquartered infra lender and its 348 group companies owe over Rs 94,000 crore, of which over Rs 54,000 crore are owed to banks...

Complaints with bank ombudsman surge 25% to 1.63 lakh in FY18: RBI

4 hours ago

Business / Business Today/ Sectors

SBI led the complaint list with close to 47,000 plaints, while HDFC Bank led among the private sector lenders with over 12,000 complaints, and American lender Citibank had 1,450 complaints..

Indiabulls Housing Finance March quarter net falls 2% to Rs 1,006 crore

5 hours ago

Business / MoneyControl/ Business News

The company closed the year with assets of Rs 1,20,525 crore, and a balance sheet of Rs 1,30,104 crore...

Bharti Infratel Q4 net profit flat at Rs 608 crore

5 hours ago

Business / MoneyControl/ Business News

The year 2018-19 saw major consolidation in the Indian telecom industry with four operators ceasing to exist either on account of mergers or outright shut down of operations, Bharti Infratel Chairman Akhil Gupta said in a statement...

Agio acquires Intersection#39;s Enterprise Services business

6 hours ago

Business / MoneyControl/ Business News

The Enterprise Services business serves financial services firms, along with other industires...

Meizu 16s officially launches in China with a Snapdragon 855 and 48 MP camera: Price, Specs

6 hours ago

Business / MoneyControl/ Technology News

The phone ships with the latest Android Pie OS out-of-the-box and features a 3,600mAh battery capacity...

Amazon Bestseller: One Up On Wall Street: How To Use What You Already Know To Make Money In the Market - Peter Lynch

2 years ago

Shopping / Amazon/ Financial Books

Penned by the famous mutual-fund manager, Peter Lynch, this book elaborates the many advantages that an average investor has over professionals and how they can help them reach financial triumph. How To Use What You Already Know To Make Money in The Market explains how your knowledge alone can assist you beat the pros of investing. From the viewpoint of America's most triumphant money manager, investment chances are extensively accessible. Whether supermarket or work place, you can find goods and services everywhere. You have to select these organizations in which to invest, before they are found by skilled analysts. You will find more interesting knowledge on investment. Thus the book has become one of the best seller and treasure among readers. Moreover, this book provides time less recommendation on money business. This book has discussed the tips, ebb and flows on building it big in the investment market...

RBI sells entire stake in NHB, Nabard to govt

5 hours ago

News / Times Of India/ Business

The Reserve Bank has divested its entire stake in National Housing Bank (NHB) and the National Bank for Agriculture and Rural Development (Nabard) for Rs 1,450 crore and Rs 20 crore, respectively. The central bank sold stake in NHB on March 19, while it sold the stake in Nabard on February 26, the bank said in a statement on Wednesday...

Boeing Puts Cost of 737 MAX Crisis at USD 1 Billion

3 hours ago

News / IBNLive/ Latest Business News

The results are the first since the company entered crisis mode with the March 10 crash of an Ethiopian Airlines jet, which along with an October Lion Air crash claimed 346 lives...

Amazon Bestseller: Learn to Earn: A Beginner's Guide to the Basics of Investing and Business - Peter Lynch

2 years ago

Shopping / Amazon/ Financial Books

Learn to Earn - A Beginner's Guide to The Basics of Investing and Business was written to fulfill two reasons, one was to make sure that the 'rich get richer, poor get poorer' principle doesn't dwell in business for long. The second reason was to let the common people make a living out of associating with the brands they use every day. Almost every second teenager wears a Nike product to a basketball game. Three out of five families stop at a McDonalds for lunch during a road trip. Nestle is much more than just a household name. and State Bank of India holds the largest number of savings bank accounts in the country. Yet, how many of these customers are investing in their relationships with these brands? More importantly, how many are aware that they can? This book is for those who are not making use of this...

How the business of chowkidars is changing

4 hours ago

Business / Business Today/ Latest News

Exponential technologies such as drones and Internet of Things (IoT) are expected to change how corporates protect their assets and people..

Amazon Bestseller: Think And Grow Rich - Napoleon Hill

2 years ago

Shopping / Amazon/ Financial Books

Think And Grow Rich has earned itself the reputation of being considered a textbook for actionable techniques that can help one get better at doing anything, not just by rich and wealthy, but also by people doing wonderful work in their respective fields. There are hundreds and thousands of successful people in the world who can vouch for the contents of this book. At the time of author’s death, about 20 million copies had already been sold. Numerous revisions have been made in the ..

GoAir to launch 28 new flights from April 26

5 hours ago

Business / Business Today/ Latest News

GoAir announced 28 flight options this summer in addition to our existing flights..

Amazon Bestseller: Fundamental Analysis for Investors - Raghu Palat

2 years ago

Shopping / Amazon/ Financial Books

How to make profits in the stock market . . . steadily and consistently Fundamental analysis is an essential, core skill in an investor's tool-kit for evaluating a company on the basis of its track record: sales, earnings, dividends, products, management, etc., as well as the economic and industry outlook. It is a value-based approach to stock market investing solid and prudent-that typically offers handsome profits to the long-term investor. Raghu Palat's book will help you master the essentials of fundamental analysis. It clearly explains, with illustrations, all the analytical tools of economic, industry and company analysis, including ratios and cash flow. It shows you how to judge a company's management and its products, and discover what actually lies behind the figures and notes in a company's annual report. And, how to calculate the intrinsic value of a share. Fundamental analysis will help you base your investment decisions on relevant information, not tips, hunches or assumpt..

No nationalist party like Congress: Hardik Patel

5 hours ago

Business / MoneyControl/ Latest News

Addressing an election meeting here, Patel, who recently joined the Congress, also accused the BJP of trying to #39;derive mileage#39; out of the bravado of the country#39;s armed forces, while his party is contesting the elections on issues of education, health and farmers...

#39;Tum se na ho payega#39;: Cong on BJP#39;s clarification over PM Modi presser reports

5 hours ago

Business / MoneyControl/ Latest News

Modi is scheduled to visit Varanasi from April 25-26 to file his nomination...

Uber Asia Pacific Head Amit Jain resigns

5 hours ago

Business / Business Today/ Latest News

Jain, who was elevated to the APAC position in May last year after serving as the India head, will remain with the company till the end of May..

India to skip China's BRF meet for second time in a row

3 hours ago

Business / Business Today/ Biz Wrap

The Belt and Road Initiative was launched by Chinese President Xi Jinping when he came to power in 2013. It aims to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes..

Movie on PM Modi a hagiography which gives him cult status, will tilt electoral balance: EC to SC

6 hours ago

Business / MoneyControl/ Latest News

The report was submitted after the apex court had on April 15 directed the EC to re-examine its earlier order and take an informed decision on banning pan-India the release of the biopic after watching the full movie...

WeWork India, others offer jobs to Jet Airways employees

3 hours ago

Business / Business Today/ Biz Wrap

Running into a debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily after lenders decided against extending emergency funds for its survival..

Bharti Infratel Q4 profit flat at Rs 608 crore, declares second interim dividend of Rs 7.5 per share

4 hours ago

Business / Business Today/ Biz Wrap

Voda Idea rights issue receives bids for 1109 crore shares: NSE data

3 hours ago

Business / MoneyControl/ Business News

The country#39;s largest telecom operator through the rights issue, which ran between April 10 and April 24, offered 2,000 crore new shares at Rs 12.50 apiece...

China factor will determine the amount of shortfall India will see from Iran crude, says SP Global Platts

4 hours ago

Business / MoneyControl/ Business News

In an interview to CNBC-TV18, Paul Hickin, associate director, said that in many aspects, the oil markets are going to be tighter...

Mahindra Finance net profit jumps 87% to Rs 588 cr in March quarter

5 hours ago

Business / MoneyControl/ Business News

The company#39;s standalone net profit had stood at Rs 314 crore in the corresponding quarter a year ago...

Mehul Choksi seeks dismissal of ED plea to declare him as fugitive

5 hours ago

Business / MoneyControl/ Business News

Choksi and his nephew Nirav Modi are wanted by the ED and the CBI (Central Bureau of Investigation) for allegedly defrauding the PNB to the tune of Rs 13,400 crore, in collusion with a few of its employees...

Sharekhan pays nearly Rs 3 cr to settle two cases with Sebi

6 hours ago

Business / MoneyControl/ Business News

The Securities and Exchange Board of India (Sebi) conducted a probe and found that certain entities were front-running the trades of Sterling group...

Madras High Court moves to lift ban on Chinese video app TikTok: lawyers

6 hours ago

Business / MoneyControl/ Business News

Earlier this month, the court in Tamil Nadu ordered the central government to prohibit TikTok downloads, saying the app was encouraging pornography...

Apex Legends viewership drops by 75% as Fortnite reigns supreme again

6 hours ago

Business / MoneyControl/ Technology News

But little under three months after its release, the gameâs popularity already seems to be fading, and the once great Fortnite challenger seems to be fading into oblivion...