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Cabinet nod to deputation of Group-A tech officers to TCIL

Friday, 17 Nov 2017 | PNS | New Delhi

The Cabinet on Thursday approved the deputation of Group ‘A’ officers with IT and telecom background from Department of Telecommunications (DoT) as well as other ministries to state-owned Telecommunications Consultants India Limited. The move is aimed at addressing manpower crunch at TCIL for executing ongoing as well as expected projects. It...

FIIs can invest upto 49% in ICICI Lomb, Petronet, Edelweiss

Friday, 17 Nov 2017 | PTI | Mumbai

Reserve Bank has allowed foreign investors to raise their stake in ICICI Lombard General Insurance Company to 49 per cent under the portfolio investment scheme (PIS). “The Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in ICICI Lombard General Insurance Company Ltd has (been) increased from 24 per cent...

Industry pitches for inclusion of natural gas under GST regime

Friday, 17 Nov 2017 | PNS | New Delhi

More than four months after the launch of GST, the industry has pitched for inclusion of natural gas in the new indirect tax regime so as to help producers contain cost and aid in moving towards a gas-based economy. In a letter to Finance Minister Arun Jaitley, industry body Ficci has...

Mukesh tops Forbes list of Asia's richest families, pips Lee

Friday, 17 Nov 2017 | PTI | New Delhi

India’s Mukesh Ambani family is the richest in Asia as its net worth rose $19 billion to $44.8 billion, toppling the Lees of the Samsung empire, to claim the numero uno position, Forbes said. Despite dropping to the second spot, Korea’s Lee family still saw its wealth soar by $11.2 billion...

Eco to touch $5 tn to be 3rd largest in world over next few years: Prabhu

Friday, 17 Nov 2017 | PNS | Mumbai

Expresing confidence about the economy which is going forward and on course to touch double figure when exports will gather momentum to take it to $5 trillion and become the third largest in the world over the next few years, Commerce and Industry Minister Suresh Prabhu on Thursday told...

Biz need not deduct GST on advances got for goods supply

Friday, 17 Nov 2017 | PTI | New Delhi

The Government has exempted businesses from deducting GST on advances received for supplying goods in future, a move which will help unblock working capital of firms. The Central Board of Excise and Customs (CBEC) last month said that businesses with turnover up to Rs 1.5 crore are exempt from deducting...

Sebi probing into sharing of listed companies info on social media

Friday, 17 Nov 2017 | PTI | NEW DELHI

Markets regulator Sebi will look into the complaints of some individuals allegedly circulating key financial details and other information about listed companies on social media groups before they are made public, an official said. Sebi will also seek clarification from brokerages and listed firms if such individuals are found...

CCI okays Bharti-Tata Tele deal on mobile business

Friday, 17 Nov 2017 | PTI | New Delhi:

Fair trade regulator CCI has approved Bharti Airtel's deal to takeover the loss-making consumer mobile business of the Tata Group. The deal comes at a time when the telecom sector, bruised by tariff war and mounting losses, is in a consolidation mode as major players seek to cement their...

PM to open 5th Global Conference on Cyber Space next week

Friday, 17 Nov 2017 | IANS | New Delhi

Prime Minister Narendra Modi will inaugurate the fifth edition of the Global Conference on Cyber Space (GCCS), one of the worlds largest such, on November 23, an official statement said on Thursday. The theme of the 2-day conference is Cyber4All: A Secure and Inclusive Cyberspace for Sustainable Development. ...

Inflation may ease by Dec, says Rangarajan

Friday, 17 Nov 2017 | PTI | Hyderabad

Former RBI Governor C Rangarajan on Thursday said the inflation, which rose to 3.58 per cent in October, may ease by December and remain below the 4 per cent level by the end of the current fiscal. Rangarajan said he thinks this is the end of the season when prices...


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Modi pays tribute to Rang Avadhoot

19 Nov 2017 | PNS | GANDHINAGAR

Addressing a gathering of people via video conferencing in Bharuch district of poll-bound Gujarat, Prime Minister Narendra Modi on Saturday asked them to unite against casteism, terrorism, black money, corruption and communalism. “It is a strange environment…We must hold each others hand and move ahead…...

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State’s first women’s university to come up at Jamshedpur

21 Nov 2017 | Parvinder Bhatia | Jamshedpur

State’s first women university will come at Sidhgora in the eastern part of Jamshedpur, Chief Minister Raghubar Das said on Monday in Jamshedpur. “I am happy to announce that first Women’s University will come up at Sidhgora...

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