Sebi proposes direct listing of Indian companies on foreign bourses

Sebi proposes direct listing of Indian companies on foreign bourses

Wednesday, 05 December 2018 | PTI | New Delhi

A high-level panel on Tuesday recommended market regulator Sebi to allow direct listing of Indian companies on overseas bourses and of foreign firms on Indian exchanges. Currently, Indian companies can list their shares through depository receipts abroad, while foreign companies need to go through the Indian Depository Receipt route for listing...

Half of direct tax collections netted; high growth clocked post DeMo: CBDT report

Tuesday, 04 December 2018 | PTI | New Delhi

The Income Tax Department has mopped up over half the kitty of the targeted direct tax revenue for this fiscal — at more than Rs 6.63 lakh crore — riding at a record “high growth rate of last seven years” that was also propelled by demonetisation, a latest report of...

Over 18L registered firms only 62% active at end of October: Official data

Tuesday, 04 December 2018 | PTI | New Delhi

The country has more than 18 lakh registered companies but only 62 per cent of them were actively functioning at the end of October, according to official data. The majority of active companies were engaged in business services. With more than 6.46 lakh companies shuttered and many others undergoing various regulatory processes,...

Outlook on Indian banks stable: Moody’s

Tuesday, 04 December 2018 | PTI | New Delhi

Moody’s Investors Service on  Monday said it has a stable outlook on the Indian banking system for the next 12-18 months as economic growth prospects remain healthy amid weak, but stabilising, asset quality. The stable outlook is based on six parameters — operating environment, asset quality, capital, funding and liquidity, profitability...

Sebi issues cybersecurity framework for brokers, depositories

Sebi issues cybersecurity framework for brokers, depositories

Monday, 03 December 2018 | PTI | New Delhi

Regulator Sebi Monday put in place a stricter cybersecurity framework for stock brokers and depository participants amid concerns over possible data breaches. With the new norms, to be effective from April 2019, stock brokers and depository participants would be required to define the responsibilities of individuals, including outsourced staff, who have...

India can play crucial role in reforming WTO: Ficci

India can play crucial role in reforming WTO: Ficci

Monday, 03 December 2018 | PTI | New Delhi

India can play a crucial role in reforming the WTO by drawing nations to the discussion table for finding a workable solution, as the country is set to host the G20 summit in 2022, industry body Ficci said Monday. Prime Minister Narendra Modi Saturday highlighted the need for carrying out reforms...

Rupee falls 50 paise to 70.08 against US dollar in early trade

Rupee falls 50 paise to 70.08 against US dollar in early trade

Monday, 03 December 2018 | PTI | Mumbai

The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed...

RBI likely to keep interest rate unchanged on Dec 5

RBI likely to keep interest rate unchanged on Dec 5

Monday, 03 December 2018 | PTI | New Delhi

The Reserve Bank is likely to maintain status-quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, opined experts. After back-to-back hikes since June, the RBI had kept interest rates unchanged in the previous policy review in October, surprising markets...

Sunday Edition

Full support to UP police: Gen Rawat

09 December 2018 | PTI | Sunday Pioneer

Will win at least 140 seats in MP: BJP

09 December 2018 | PNS | Sunday Pioneer

Indian Navy ship seizes arms, ammunition off Somali coast

09 December 2018 | PTI | Sunday Pioneer

New Delhi:

09 December 2018 | PTI | Sunday Pioneer

Yogi trying to derail probe in Bulandshahr violence: Congress

09 December 2018 | PTI | Sunday Pioneer