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Commodities Transaction Tax likely from July 1 (19 June 10:54 pm)

The Commodities Transaction Tax on non-agricultural commodities futures contracts is likely to be effective from July 1. The legal decks have been cleared for the Government to im...

Falling rupee ‘biggest worry’ for Exide Industries (19 June 10:45 pm)

Pins hopes on after-market sales and monsoon

No trade pact without assurance on Govt procurements: EU (19 June 10:44 pm)

India says commitment possible only after Public Procurement Bill is passed

Auction of inflation indexed bonds advanced (19 June 10:36 pm)

The Finance Ministry has advanced the auction for Inflation Indexed bond. The Ministry intends to auction the next tranche of the bonds to institutional investors. “Auction will take plac...

Profits of top private life insurers rose 7% last fiscal (19 June 10:33 pm)

Industry hit by low rate of renewals, agent exodus, tough business climate

RBI policy will hinge on rupee movement, says Kotak Bank chief (19 June 10:32 pm)

Currency will play a key role in Reserve Bank of India’s policy decisions going forward, according to Kotak Mahindra Bank chief. Uday Kotak, Vice-Chairman and Managing Director, K...

Podcast: L&T Fin (Tam) by Srirengarajan A (19 June 10:32 pm)

Hearing again on July 1 on National Pension Scheme in SBI (19 June 10:31 pm)

In the present case, the central board of the bank had taken a unilateral decision to modify the pension scheme.

New Sistema Shyam chief prepares game plan for data services (19 June 10:30 pm)

DoT yet to allocate full spectrum won in auction

Govt may have to give IT product makers more time to get BIS tag (19 June 10:29 pm)

Not enough labs to register all electronic items by July 3

New CEO charts blueprint for Cipla (19 June 10:29 pm)

Growth prescription includes incubation of new business ventures

India saves $7 b outgo in Iran crude oil imports (19 June 10:28 pm)

Crude oil import from Iran took $7 billion pressure off on the rupee in the last 13 months, said Arun Kaul, CMD of UCO Bank, here on Wednesday. UCO Bank is the only Indian designated ban...

Jury still out on Murthy’s back-to-basics strategy for Infy (19 June 10:28 pm)

IT major has a lot of catching up to do, say analysts

Financial institutions, banks to be offered stake in Telecom Finance Corp (19 June 10:27 pm)

The Government could invite banks and financial institutions to pick stake in the proposed Telecom Finance Corporation. The authorised capital of the Corporation will be...

NIC likely to hike health insurance premium by 25% (19 June 10:25 pm)

National Insurance Company Ltd (NIC) is planning a 25-30 per cent increase in health insurance premium. According to N.S.R Chandraprasad, Chairman and Managing Director of NIC, hikes are likely to...

Mobile rollout affected by DoT delays on nod for gear imports (19 June 10:24 pm)

Mobile rollouts by telecom companies across the country are getting affected due to delays in network equipment supply. The delay is happening because the Department of T...

Podcast: L&T Fin (Eng) by Sayanti Chakraborty (19 June 10:22 pm)

Apollo to sell Cooper tyres in replacement market (19 June 10:21 pm)

More than 70% of production goes to aftermarket

Delaying the take-off (19 June 10:20 pm)

The Jet-Etihad deal raises serious questions about effective control

IBM plans ‘tailored products’ for small units (19 June 10:19 pm)

Software and services major, IBM is planning to strengthen its small and medium enterprises (SME) portfolio. Apart from “tailored offerings” to cater to the segment, plans are bein...

Climate change can hit India hard, says World Bank study (19 June 10:18 pm)

South Asia, with India right in the centre, as well as South-East Asia and Sub-Saharan Africa are likely to face the worst heat from climate change, a study released by the World Bank predicts.&nb...

Amway plans R&D centre, local manufacture of Artistry range (19 June 10:12 pm)

We expect to spend around Rs 45 crore this year for promoting Artistry range and our Nutrilite brand.William Pinckney, MD and CEO, Amway

‘Most wired’ CM in weird situation (19 June 10:12 pm)

Kerala Chief Minister Oommen Chandy has always prided on his status as the ‘most wired’ (on the Web, that is) even while not owning a mobile phone. His office has won even UN recognition...

Cabinet reshuffle puts a spoke in the quadricycle wheel (19 June 10:12 pm)

Govt may buy time to give approval

Nitish’s victory, Jaya’s support to Left add to BJP’s woes (19 June 10:08 pm)

The now revived Advani-Joshi axis in the BJP has been maintaining that both the RSS and the BJP will have to depend on the “anti-Congress” socialist parties to fight the UPA.