Business News

Last updated: Tuesday, October 06, 2015 11:44:03 PM

PAN to be must for transacting cash beyond set limit: Jaitley
New Delhi, Oct 4 (IANS) The government will soon make it mandatory to furnish the tax department-allotted Permanent Account Number (PAN) details for cash transactions beyond a certain threshold, Finance Minister Arun Jaitley said on Sunday.

Sunday, October 04, 2015 5:18:03 PM

Earnings season, macro data to drive equity markets (Market Outlook)
Mumbai, Oct 4 (IANS) The quarterly results season and crucial global financial data points, coupled with fears of an upcoming US rate hike, might spook investors and flare up volatility in the Indian equity markets during the weekly trade commencing from October 5.

Sunday, October 04, 2015 12:00:03 PM

Samsung Galaxy Tab S2 (9.7" tablet): Android tab par excellence (Gadget review)
Korean electronics giant Samsung recently released its flagship 9.7" tablet - Galaxy Tab S2 - priced at Rs.42,000. The new device is redesigned and an upgrade over the Galaxy Tab S 10.5. Here is our analysis:

Sunday, October 04, 2015 10:02:15 AM

PHD analysis holds out ray of hope for Indian exports
New Delhi, Oct 3 (IANS) India's exports still have a ray of hope with the possibility of a rebound in the coming months despite a negative growth trajectory for nine months (December 2014- August 2015), said an analysis by PHD Chamber of Commerce and Industry on Saturday.

Saturday, October 03, 2015 10:10:03 PM

HDFC raises Rs.10,000 crore through NCD, warrants
New Delhi, Oct 3 (IANS) Housing Development Finance Corporation Ltd. said on Saturday it has raised Rs.10,000 crore employing a mixture of non-convertible debentures (NCD) and warrants to qualified institutional investors.

Saturday, October 03, 2015 9:52:12 PM

UBI, Indian Bank, Syndicate Bank and Karur Vysya Bank cut lending rates
Kolkata, Oct 3 (IANS) Following lending rate cuts from major banks across the country, state-run Union Bank of India (UBI), Indian Bank and Syndicate Bank and private Karur Vysya Bank on Saturday too cut their lending rates.

Saturday, October 03, 2015 9:24:03 PM

Coal India September targeted output falls short by 4 percent
Kolkata, Oct 3 (IANS) State owned miner Coal India said on Saturday it missed its output target of 38.77 million tonnes for September this year by four percent while outperforming its offtake target for the same month.

Saturday, October 03, 2015 9:06:10 PM

LIC cuts holding in Chennai Petroleum by 2 percent
Chennai, Oct 3 (IANS) Life Insurance Corporation of India (LIC), one of the largest life insurers in Asia, has reduced its holding in Chennai Petroleum Corporation Ltd (CPCL) by 2.011 percent to 5.041 percent through market sale, the oil refining company said.

Saturday, October 03, 2015 8:50:03 PM

70 percent tea gardens in Bengal not making profits: Tea Association
Kolkata, Oct 3 (IANS) Nearly 70 percent of tea gardens in West Bengal are not making any profit due to various factors besides tea prices going down, an industry body said here on Saturday.

Saturday, October 03, 2015 8:38:04 PM

Haryana allots 35 acres for electronics market
Chandigarh, Oct 3 (IANS) Aiming to replicate the country's largest electrical and electronics market - Bhagirath Palace in New Delhi, the Haryana government has allotted 35 acres of land at Barhi industrial estate in the state's Sonipat district, a senior officer said on Saturday.

Saturday, October 03, 2015 8:26:06 PM

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