Search Results for: investors

2019 Lok Sabha: Congress pulls a BJP, promises to build Ram Mandir if elected to power

Congress General Secretary Harish Rawat on Friday said the party will launch sincere efforts to build a grand Ram Temple at Ayodhya if it comes to power after the Lok Sabha elections.

Feb 22, 2019

Saudi Aramco in talks with Reliance to ramp up oil sector investments

The proposal is apart from the $44-billion Ratnagiri project in which Saudi Arabia and UAE are partnering India's state-owned oil marketing companies.

Feb 21, 2019

In a major boost for startups, centre eases tax and funding rules

In an announcement, the government broadened the definition for startups that are exempt from paying angel tax. Importantly, it raised the limit of funding that would be exempt from Rs 10 crore to Rs 25 crore.

Feb 20, 2019

Sachin Bansal heads to Ola board with Rs 650 crore investment

Taxi-hailing app company Ola Cabs hopes to use Flipkart co-founder Sachin Bansal's expertise to grow business across verticals and geographies.

Feb 20, 2019

New RBI governor Shaktikanta Das. Photo: Reuters

Banks may resist RBI pressure to cut lending rate despite repo rate reduction

Bankers believe reducing the interest rate on advances without cutting rates on deposit will affect banks' ability to lend more unless SLR or CRR is eased.

Feb 19, 2019

Mumbai bank manager cheats account holders by forging signatures on DDs, cash withdrawal slips

Harun Patel transferred Rs 71 lakh and Rs 25 lakh from Yatin Bane and Sneha Bane, respectively, to his brother's account between April 2017 and February 2018.

Feb 19, 2019

Pulwama terror attack: Traders cautious as geopolitical pressures rise amid political rhetoric

Bombay Stock Exchange's headline index Sensex sank below the psychologically important 36,000 points. National Stock Exchange's broader Nifty also dipped below the crucial 10,800 level.

Feb 18, 2019

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

Rupee weakened against dollar in choppy weekly trade

In what could translate into further trouble for the domestic currency, analysts see an upward move of 6 to 7 per cent in the Brent crude prices in the coming week.

Feb 17, 2019

India-Pakistan tensions, global cues to dent equity indices

Analysts predict, a continuation of investors' negative reaction to the rising India-Pakistan tensions after a major terror strike took place in Jammu and Kashmir and any further outflow of foreign funds.

Feb 17, 2019

RBI confident NBFC liquidity situation will improve

Easing of NPAs and banking sector turnaround will help steady NBFCs, governor Shaktikanta Das says

Feb 15, 2019

IL&FS fallout: This is why your life savings could be in danger

Since last year, IL&FS default has sent ripple effects in the economy, affecting NBFCs, real estate and many other sectors

Feb 14, 2019

Yes Bank shares zoom nearly 30% on clean score in RBI's divergence report

Investors who took huge risk after the drubbing the Yes Bank stock got in the recent past were in for a surprise on Thursday.

Feb 14, 2019

Start-ups on the path to glory: CarDekho, DailyHunt among others to hit $1B valuation

Angel investors must keep their chequebooks ready to back these successful start-ups already on the path to becoming the next unicorns.

Feb 11, 2019

Byju's to hire 3,500 employees and double its workforce after '100% growth for 3 years'

After becoming the fifth most-valued start-up in India, Byju's is now looking to double its workforce and has said that it plans to hire about 3,500 employees this year. While 2,000 of the 3,500 workers will be a part of Byju's sales and operations team, the rest will be taken in for content-creation.