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rediff Business



India's largest news and entertainment service online.



Published: Thu, 14 Dec 2017 08:15:02 GMT

Copyright: Copyright: (C) 2011 Rediff.com India Limited. All Rights Reserved.
 



Pandey brothers, 1st Asians to receive Cannes lifetime award
The brothers, who began their ad journey a decade apart from each other, Piyush in 1979 and Prasoon in 1989, will be the eighth recipient of the award.



2nd time lucky? Air Deccan to start flying from Dec 23
The airline would offer Re 1 ticket to a few passengers through a lucky draw as part of its promotional campaign.



Dealing with bitcoins? Do so at your own risk
Short-term capital gains tax of 30% is likely to be levied if bitcoin is held for less than three years and 20% if held for longer than 36 months.



S & P won't upgrade India's rating before 2019
'Our stable outlook currently points to the fact that the ratings are likely to remain stable for the next couple of years.'



11% rise in rural incomes but migration continues unabated
80% of the surveyed districts did not show any change in migration



PE funds ready war chest to buy loan defaulters' pie
PE funds say they have enough money to buy two or three of the indebted companies and the issue is not cash but the management bandwidth to turn them around.



How to reduce your insurance premium by 30%
Staying healthy can reduce your next premium.



Deadline to link Aadhaar, PAN to bank A/Cs extended to Mar 31
The amendment makes it clear that if the linking of Aadhaar is not done by the date to be notified by the govt, the account of the individual would be blocked.



Banks to now refer 28 large dud accounts to NCLT
These together account for 40 per cent of bad loans of around Rs 4 trillion.



Breather for Unitech; govt can't take over realty co, rules SC
Unitech alleged that the takeover of the management of the company by the Centre would make it difficult for them to deposit Rs 750 crore as directed by the apex court to safeguard the interests of homebuyers.



ADB slashes India growth forecast for 2017-18 to 6.7%
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.



Jaitley likely to announce a tax-friendly Budget
The Income Tax Act might be amended to give effect to "jurisdiction-free assessment"



Will Jaitley's Budget cheer pensioners and India Inc?
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19



UN expects India to grow 7.2% in 2018, 7.4% in 2019
At the same time, the UN said in a report, the performance of private investment remains a key macroeconomic concern.



TCS's new model was finetuned in Japan
TCS is tapping an emerging opportunity called IT modernisation, which potentially could be a growth driver for the entire IT services industry for the next two to three years, says Raghu Krishnan.