Global Investors Keen On Rupee Denominated Assets: RBI
The onshore markets are fairly deep and liquid but needs further strengthening, said RBI Deputy Governor BP Kanungo.
Last Date To File GST Annual Returns Extended Till November 30
Earlier, GST taxpayers were to file required returns by August 31.
RBI’s Rs 1.76 Lakh Crore Payout To Help Government Manage Fiscal Deficit.
Indian Navy prepared to thwart JeM’s underwater plans: Admiral Singh
Chief of Naval Staff Admiral Karambir Singh said all stakeholders in coastal security are ensuring that there is no intrusion from the sea.
Deutsche Bank, Amid Job Cuts, On Biggest Bout Of Hiring In India In Years
Deutsche Bank started its India operations in 1980 and now has about 1,800 employees in businesses including retail and wholesale banking, investment-banking advisory and wealth-management services.
Board Meetings Today: Maruti, Power Grid, InterGlobe Aviation, Vodafone Idea and PFC
It makes sense to have a look at the corporate agendas for the days as announced to the stock exchanges.
Infosys board considers closure of Rs 8,260 crore buyback offer
Infosys had in January announced it would buy back shares of the company for an amount aggregating up to Rs 8,260 crore (maximum buyback size) at a price not exceeding Rs 800 per equity.
View: Buffett’s been quiet, but his philosophy still speaks volumes
This time, Buffett has been uncharacteristically missing from the chatter.
Infosys closes Rs 8,260-crore buyback offer, takes back 11.05 crore shares
Buyback committee has approved the closure of buyback with effect from August 26, 2019.
Macro and geopolitical events driving market volatility: Santosh Rao, Manhattan Venture
China may want to showcase their strength and they do not want to appear to be weak.
RBI To Make Rs 1.76-Lakh-Crore Payout To Government:
The Reserve Bank of India’s Central Board on Friday decided on a payout of Rs 1.76 lakh crore to the government, after an expert committee chaired by former Governor Bimal Jalan.
HPCL buys over 120,000 tonnes gasoline for September-October delivery.
The state-owned refiner has been actively seeking gasoline from the spot market this year as Indian refiners undergo maintenance.
Moody’s Cautious Over Government Measures To Boost Economy
Moody’s has cut India’s GDP growth forecast for the calendar year 2019 to 6.2 per cent from its previous estimate of 6.8 per cent. For calendar year 2020, it reduced the estimate to 6.7 per cent.
Maruti Suzuki Cuts 3,000 Contractual Jobs
Safety norms and higher taxes have “added substantially” to the cost of cars, affecting their affordability.
I-T attaches Rs 150 crore worth ‘benami’ hotel of Congress leader Kuldeep Bishnoi, brother
The department had conducted extensive searches against Bishnoi and his family in July this year on charges of tax evasion.
Echoes of 1930s in trade-cum-currency war
The ride ahead won’t be easy for emerging markets such as India if the trade war morphs into a currency war.
India GDP Growth Seen At 5-Year Low Of 5.7% In June Quarter: Poll
The poll median showed the economy was expected to have grown at a year-on-year pace of 5.7 per cent in the June quarter, a touch slower than 5.8 per cent in the preceding three months.
Amazon deal to help payments side more, says Kishore Biyani
The company recently announced Amazon picking up a full 49 percent stake in Future Coupons, the promoter entity of Future Retail, with an option to acquire the entire stake later.
Gaganyaan: Russia to train Indian astronauts for country’s first manned mission to space
A total of four Indian astronauts will go to Russia by November 2019.
It’s too early to call for 2022 CWG boycott, says Kiren Rijiju
Rijiju also said that the government is open to the idea of hosting multi-sport events despite the bad press India got for alleged corruption in the 2010 Commonwealth Games.
Abrogation of Article 370 not political issue, but national: M Venkaiah Naidu
The Narendra Modi-led government at the Centre had on August 5 announced the removal of some provisions of Article 370 to take away.
Infosys Closes Rs 8,260 Crore Buyback Offer; Shares Fall
In January, the company had announced that it will buy back shares for an amount aggregating up to Rs 8,260 crore (maximum buyback size).
Rs 1.76 Lakh Crore RBI Transfer Positive For Economy: Soumya Kanti Ghosh
The transfer of surplus and excess dividend is in line with the recommendations of the Bimal Jalan Committee, which was tasked to review the Economic Capital Framework of the RBI.
Safety of investments cannot be compromised for higher yields: Ajay Tyagi to MF industry
The MF industry needs to do its own analysis to avoid such situations in future: Tyagi.
Can’t Say How Funds From RBI Will Be Utilised: Nirmala Sitharaman
The record transfer will boost the government’s finances at a time it strives to tackle a nearly five-year low economic growth.
PVR Cinemas and Cinepolis under scanner of Delhi’s anti-profiteering committee: Report
Relief Package For Real Estate Sector Expected This Week: Report
The government could make changes to the definition of affordable housing as sought by developers so that more projects can come under the category.
Mutual fund industry eyes Rs 100 lakh cr AUM, 10 cr investor base in next decade: AMFI
IndiGo Promoters’ Feud: All Third Party Deals Clean, Says CEO
IndiGo is the country’s largest private carrier with nearly 50 per cent market share on local routes.