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Last Build Date: Sat, 24 Mar 2018 23:50:01 +0530


Reliance Jio board approves raising Rs 20,000 crore through debentures

Sat, 24 Mar 2018 20:39:42 +0530

(image) Reliance Jio’s go-to option for investment and raising funds has previously been issuing optionally convertible preference shares (OCPS) to its shareholders.

OnMobile Global appoints Ganesh Murthy as CFO

Sat, 24 Mar 2018 20:23:11 +0530

(image) The new CFO has more than 30 years of experience in finance across diverse industries like FMCG, consumer durables and IT.

Congress would bring one GST slab, if voted to power: Rahul Gandhi

Sat, 24 Mar 2018 18:30:11 +0530

(image) The Congress president accused Modi of doing nothing to bring back black money stashed abroad.

China warns US it will defend own trade interests

Sat, 24 Mar 2018 18:30:04 +0530

(image) The deepening rift has sent a chill through financial markets and the corporate world as investors predicted dire consequences for the global economy should trade barriers start going up.

Blackstone divests stake in Indiabulls Real Estate

Sat, 24 Mar 2018 17:56:57 +0530

(image) A substantial part of sale proceeds would be utilized towards repayment of existing debts of the company and its subsidiaries. The Transaction is expected to be concluded during this financial year. raises Rs 5 crore for strengthening tech, infra, expansion

Sat, 24 Mar 2018 17:25:11 +0530

(image) "The new round takes the total funds raised by i2iFunding to about Rs 7 crore. The funds would be utilised for further strengthening its technology infrastructure and geographical expansion," the company said in a statement.

E-way bill rollout from Apr 1; GSTR-3B to be filed till June

Sat, 24 Mar 2018 17:18:12 +0530

(image) Besides, the Central Board of Excise and Customs (CBEC) has also notified the requirement of filing summary return GSTR-3B till June. The GSTR-3B for a month is required to be filed by the 20th day of the succeeding month.

Banking sector this week: Kotak calls for committee on banks, Essar Steel assets to get rebids and PNB fraud updates

Sat, 24 Mar 2018 16:53:42 +0530

(image) Lakshmi Mittal-owned world#39;s largest steel maker ArcelorMittal plans to re-bid for Essar Steel’s assets, which will see the rebidding in the first week of April

ArcelorMittal declassifed as Uttam Galva Steels promoter

Sat, 24 Mar 2018 15:10:11 +0530

(image) Uttam Galva Steels Ltd has offered to settle the Rs 5,654 crore loan default by paying 51 percent of the amount upfront to public sector banks so as to abort the auctioning of the company#39;s assets.

Commerce Ministry terminates anti-dumping probe on solar cells

Sat, 24 Mar 2018 15:00:11 +0530

(image) The Commerce Ministry#39;s investigation arm DGAD said it is terminating its anti-dumping probe on imports of solar cells from China, Taiwan and Malaysia.

Elan Group appoints Raj Kumar Singhal as CEO

Sat, 24 Mar 2018 14:30:10 +0530

(image) Realty firm Elan Group today said it has appointed Raj Kumar Singhal as its Chief Executive Officer (CEO).

Import duty on TV panel part halved to 5% to encourage LCD/LED manufacturing

Sat, 24 Mar 2018 14:20:11 +0530

(image) The government has halved customs duty on #39;open cell#39; used in the manufacturing of LCD and LED television panels to 5 percent, a move intended to boost domestic manufacturing.

Tough talk on global trade escalates as Trump pledges trade claims results

Sat, 24 Mar 2018 13:15:11 +0530

(image) The US and China#39;s top economic officials agreed by phone on Saturday to "continue to communicate" on trade issues, Chinese state media said, as President Donald Trump pledged his escalating trade showdown would get results despite pushback from Europe and Beijing.

China says ready to defend its interests in U.S. trade spat

Sat, 24 Mar 2018 13:00:03 +0530

(image) In the call with Mnuchin, Liu, a Harvard-trained economist, said China still hoped both sides would remain "rational" and jointly work together to keep trade relations stable, the official Xinhua news agency reported

PNB fraud: ED seizes jewellery, paintings worth Rs 26cr from Nirav Modi#39;s Mumbai flat

Sat, 24 Mar 2018 12:55:12 +0530

(image) A fresh seizure of antique jewellery, costly watches and paintings worth Rs 26 crore has been made by the ED from the sea-facing Mumbai apartment of Nirav Modi in connection with PNB fraud case.