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Business News and Finance News Headlines on Economy, Industry

RBI asks NBFCs to boost high quality liquid assets

rediff Business - Sat, 05/25/2019 - 11:23
An NBFC must actively manage its collateral positions, differentiating between encumbered and unencumbered assets, and monitor such assets so that they can be mobilised in a timely manner, central bank says in circular.

Fin ministry revises tax collection target

rediff Business - Sat, 05/25/2019 - 11:23
The highest collection target has been given to Mumbai at Rs 4.39 trillion, followed by Delhi and Bengaluru.

Modi 2.0 plans to lower I-T rates

rediff Business - Sat, 05/25/2019 - 11:23
'There are deliberations on whether there can be lowering of income taxes and other sops to keep more money in the hands of taxpayers, enabling them to spend more and boost demand.'

Why IT services firms are facing talent challenge

rediff Business - Sat, 05/25/2019 - 11:23
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.

Significant changes to FPI norms on anvil

rediff Business - Sat, 05/25/2019 - 11:23
The group, headed by former RBI deputy governor H R Khan, has also pitched for liberalised investment cap, review of prohibited sectors for foreign investment for FPIs, permitting FPIs for off-market transactions and review of restriction on sovereign wealth funds for investment in corporate debt securities.

Sensex vaults 623 points to lifetime high on Modi win

rediff Business - Sat, 05/25/2019 - 11:23
ICICI Bank topped the Sensex gainers' chart, spurting 5.09 per cent, followed by L & T, Bharti Airtel, Vedanta and Tata Motors, rising up to 4.60 per cent.

Mother Dairy follows Amul, hikes milk prices

rediff Business - Sat, 05/25/2019 - 11:23
The milk procurement prices have been continuously on the rise for the last 3-4 months due to increase in feed and fodder cost by 15-20 per cent and labour cost etc.

Diageo wins $ 135mn claim against Mallya in UK court

rediff Business - Sat, 05/25/2019 - 11:23
At the heart of Friday's case lay an ICICI Bank loan owed by Mallya's Watson and CASL, for which Diageo stepped in as a backstop so that it could be refinanced by Standard Chartered Bank.

Why Jet Airways is staring at a bleak future

rediff Business - Sat, 05/25/2019 - 11:23
Both lenders and Etihad are not comfortable with the entities holding stake in Jet as they have no proven credentials in running a big business

Why Indian pharma cos are gung-ho about the US mkt

rediff Business - Sat, 05/25/2019 - 11:23
While companies continue to face regulatory pressure leading to higher costs, they see an uptick from the launch of differentiated and high-margin products

What's in a name? Well, actually a lot

rediff Business - Sat, 05/25/2019 - 11:23
Choosing your company's name? MCA lists examples to avoid any duplication. The Ministry of Corporate Affairs made it clear that the use of different phonetic spellings, including the use of misspelled words of an expression, would be treated as same.

What Modi2 needs to do

rediff Business - Sat, 05/25/2019 - 11:23
The new government's challenge would be to reverse the tide in FDI, boost manufacturing and come up with an e-commerce policy that is fair to all investors.

'Credit, liquidity should top agenda of Modi 2.0'

rediff Business - Sat, 05/25/2019 - 11:23
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'

Here's some good news for central govt employees

rediff Business - Sat, 05/25/2019 - 11:23
Now govt employees to enjoy greater say in how their NPS corpus is invested. Younger employees should raise their allocation to equities in this very long-term investment instrument

Sir Philip Green to close 25 more Evans and Miss Selfridge stores

BBC News - Business - Sat, 05/25/2019 - 10:43
The latest closures by his struggling Arcadia empire will include mostly Evans and Miss Selfridge shops.

Fortis Healthcare reports a net profit of Rs 135.6 crore in Q4

Admiral Quixote's Roundtable - Sat, 05/25/2019 - 09:01
Consolidated revenues grow 9% in Q4; operating Ebitda improves


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