Debasis Mohapatra

Articles by Debasis Mohapatra

Email : editor@ibtimes.co.in

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Bengaluru: CBI arrests RBI official for allegedly converting old Rs 1000 and Rs 500 notes with new Rs 2000 ones

More than a dozen banking officials have already been arrested for their involvement in the conversion of old currency notes.

Dec 13, 2016

ADB trims India's GDP growth forecast for 2016 to 7% on demonetisation

India's move to ban high value currencies will impact its growth figures due to short-term dip in consumption demand.

Dec 13, 2016

Biocon rules out any major financial impact due to fire at Syngene's Bengaluru facility

A spokesperson said Biocon's research arm Syngene is currently assessing the impact of the fire at its Bengaluru facility in operational terms.

Dec 13, 2016

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Domestic equities close Tuesday trade with gains ahead of US Fed meet

The outcome of the US Federal Reserve meeting will determine the directions for equity markets, analysts said.

Dec 13, 2016

IT industry seeks better tax norms, R&D incentives in upcoming budget

Indian IT industry has also sought the government's intervention to protect it from rising protectionist measures by developed countries.

Dec 12, 2016

Venezuela bans 100 bolivars banknote to fight black money

The South American nation is going through recession and has witnessed price rise of essential commodities due to falling oil prices.

Dec 12, 2016

RBI not in favour of government's move to cut card payment charges

The RBI argued that any reduction in card transaction charges will make the business model unsustainable for banks.

Dec 12, 2016

Tata Industries removes Cyrus Mistry as director

Six Tata Group companies will hold extraordinary general meetings (EGMs) in the near future to oust Mistry from their respective boards.

Dec 12, 2016

Qatar to merge Qatargas and RasGas to create a bigger entity

The move is seen as the Gulf country's efforts to adapt to a low energy pricing environment.

Dec 12, 2016

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Domestic equities fall on soaring oil price, Trump comments

The 50-share index fell more than one percent with IT, banking and oil and gas stocks dragging the index.

Dec 12, 2016

RBI asks banks to deploy maximum new Rs 500 notes in ATMs

The central bank wants to ensure wider and equitable distribution of these currencies, which is only possible if maximum amount is given through ATMs.

Dec 10, 2016

Forbes List of Most Powerful Women in the World

IMF chief Christine Lagarde on trial in France over tycoon case

Lagarde is under fire for failing to challenge a payout award in favour of business tycoon Bernard Tapie during her tenure as French finance minister.

Dec 10, 2016

Donald Trump, Berlin attacks, Russian envoy, Turkey

Won't allow H-1B visa workers to replace Americans: Donald Trump

Any regulatory change in regard to H-1B visa will negatively impact Indian IT companies the most.

Dec 10, 2016

SBI Life sells 3.9% stake to Tamasek, KKR for Rs 1,800 cr

This transaction paves the way for the life insurer to go for public listing in the next financial year.

Dec 10, 2016

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Rupert Murdoch's Fox bids $14 billion for taking over UK's Sky

Murdoch's firm has offered to buy 61 percent stake in Sky, which has witnessed fall in its valuation due to a cheaper pound post Brexit vote.

Dec 10, 2016

Demonetisation effect: Banks to take a Rs1,000 crore hit on fee income after transaction fee waiver on debit cards

Banks are likely to lose around Rs 1,000 crore due to fees waiver on card transactions till December end of this year.

Dec 9, 2016

JSPL sees average realisation improving in second half thanks to rising price of steel

Uptick in demand coupled with price improvement will help the company to record higher margins per tonne of steel.

Dec 9, 2016

Associate banks of SBI to unveil voluntary retirement schemes soon

To expedite the process of merger with SBI, the associate banks of the country's largest lender are likely to come out with VRS in the near future.

Dec 9, 2016

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Stock exchanges seek secretarial audit of Tata Group firms

Both BSE and NSE have written to some Tata Group firms for this kind of audit to check regulatory compliance.

Dec 9, 2016

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Sheela Foam makes stellar debut in exchanges, shares surge 41%

The company, which owns popular mattress brand Sleepwell, competes with Kurl-on and Duroflex in the domestic market.

Dec 9, 2016

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Articles by Debasis Mohapatra

Bengaluru: CBI arrests RBI official for allegedly converting old Rs 1000 and Rs 500 notes with new Rs 2000 ones

ADB trims India's GDP growth forecast for 2016 to 7% on demonetisation

Biocon rules out any major financial impact due to fire at Syngene's Bengaluru facility

Domestic equities close Tuesday trade with gains ahead of US Fed meet

IT industry seeks better tax norms, R&D incentives in upcoming budget

Venezuela bans 100 bolivars banknote to fight black money

RBI not in favour of government's move to cut card payment charges

Tata Industries removes Cyrus Mistry as director

Qatar to merge Qatargas and RasGas to create a bigger entity

Domestic equities fall on soaring oil price, Trump comments

RBI asks banks to deploy maximum new Rs 500 notes in ATMs

IMF chief Christine Lagarde on trial in France over tycoon case

Won't allow H-1B visa workers to replace Americans: Donald Trump

SBI Life sells 3.9% stake to Tamasek, KKR for Rs 1,800 cr

Rupert Murdoch's Fox bids $14 billion for taking over UK's Sky

Demonetisation effect: Banks to take a Rs1,000 crore hit on fee income after transaction fee waiver on debit cards

JSPL sees average realisation improving in second half thanks to rising price of steel

Associate banks of SBI to unveil voluntary retirement schemes soon

Stock exchanges seek secretarial audit of Tata Group firms

Sheela Foam makes stellar debut in exchanges, shares surge 41%

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'