Tag archive for ‘on’
By Loknath Das On Friday, May 26th, 2017
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S Chand And Company Lists At Over 5% Premium On Stock Exchanges

Shares of textbook publisher S Chand and Company made its debut on stock exchanges today. The stock rose as much as 5.5 per cent to hit high of Rs. 707 against its issue price of Rs. 670. S Chand & Company More...

By Loknath Das On Friday, May 26th, 2017
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Taxes On Entertainment Services Set To Come Down After GST Rollout

New Delhi: Lower taxes will prevail in the entertainment sector in the Goods and Services Tax (GST) regime as service providers will be eligible for full input tax credit, Finance Ministry said on Tuesday. “Entertainment More...

By Loknath Das On Friday, May 26th, 2017
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RBI Defies Supreme Court Order On Loan Defaulters. Here’s Why

New Delhi: The Reserve Bank of India (RBI) has refused to make public the list of loan defaulters with public sector banks despite an order of the Supreme Court in 2015 to make this information public. The case More...

By Loknath Das On Thursday, May 25th, 2017
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Central bankers unveil code to crack down on currency market rigging

The architects of a new code of conduct that aims to clean up the global foreign exchange markets have conceded it will do little to┬ástop currency traders who are intent on breaking the rules and manipulating More...

By Loknath Das On Wednesday, May 24th, 2017
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Paytm Payments Bank launched, offers 4% interest rate on savings account

Mumbai: Paytm Payments Bank Ltd on Tuesday rolled out its banking operations. With the launch of Paytm Payments Bank, there are now three payments bank in the country, including Airtel Payments Bank Ltd and India More...

By Loknath Das On Tuesday, May 23rd, 2017
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Idea Cellular Tanks Over 8% On Reporting Second Straight Quarter Of Loss

New Delhi: Shares of Aditya Birla group company Idea Cellular tumbled over 8 per cent after the company reported a consolidated loss of Rs. 325.6 crore in the three months to March 2017. The stock tanked 8.28 per More...

By Loknath Das On Monday, May 22nd, 2017
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Companies Spurned by Supreme Court on $1 Billion Michigan Tax Change

May 22, 2017, 7:05 PM GMT+5:30 The U.S. Supreme Court refused to question a Michigan tax change that companies including IBM Corp. and Procter & Gamble Co. say will hit them retroactively with a $1 billion More...

By Loknath Das On Monday, May 22nd, 2017
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SBI Minimum Balance On Savings Bank Accounts: How Much Fine You Have To Pay

SBI or State Bank of India is charging a fine on savings bank account customers not meeting the average monthly balance requirement. The amount of penalty for non-compliance with the monthly average balance or More...

By Loknath Das On Monday, May 22nd, 2017
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Companies Spurned by Supreme Court on $1 Billion Michigan Tax Change

The U.S. Supreme Court refused to question a Michigan tax change that companies including IBM Corp. and Procter & Gamble Co. say will hit them retroactively with a $1 billion bill. The companies argued that More...

By Loknath Das On Monday, May 22nd, 2017
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SBI Minimum Balance On Savings Bank Accounts: How Much Fine You Have To Pay

SBI requires its savings bank account holders in metros to maintain a monthly average balance of Rs. 5,000 HIGHLIGHTS Fine on customers not meeting minimum balance requirement, says SBI Penalty will be based on More...