The uptick in FDI equity inflows is more impressive on the quarter-on-quarter basis - up over 50 % from $10.8 billion in Q4FY19. The total FDI inflows, including reinvested earnings as well as other capital, on the other hand,...
State-run Canara Bank on Wednesday said its board will meet next week to consider capital infusion of up to Rs 9,000 crore through preferential issue of equity shares."The meeting of the board of directors of the company is scheduled...
India may have been blessed by a near-normal monsoon in 2019, but the slowdown in consumption that is impacting the overall economy in India has not spared the farm equipment segment. Sale of tractors that grew by a healthy...
Punjab National Bank (PNB) on Saturday said a board meeting will be held soon to consider amalgamation of Oriental Bank of Commerce and United Bank of India with itself. The bank has received a communication from the Ministry of Finance...
Netflix may be the world's leading internet entertainment service, but it is the Walt Disney Company's Hotstar that has won the battle for eyeballs in India. According to a recent survey by app distribution platform MoMagic, Hotstar has emerged...
Leading global Robotic Process Automation (RPA) platform Automation Anywhere said India is currently their second-biggest revenue generator after the United States. Global capabilities centers, service providers and Indian enterprises form the largest base of the company's customers in India....
The share price of PVR Ltd, the largest and most premium film exhibition company in India, rose nearly 5% intraday after the company announced that the National Company Law Tribunal has approved the merger of PVR with SPI Cinemas...
The fight between internet food aggregators and restaurant owners is showing no signs of cooling off. But why are they fighting? As some would recall that some months ago, food aggregators like Zomato were aggressively selling their Zomato Gold...
There have been several amendments to the CGST Act, which favor the taxpayer with better compliance. There have been updates to the sections relating to the payment of taxes and interest, hence easing the filing of GST returns and...
The draft legislation on the new Direct Tax Code (DTC), nearly two years in the making, was finally submitted to Finance Minister Nirmala Sitharaman on Monday. The task force headed by Principal Chief Commissioner of Income Tax Akhilesh Ranjan,...

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