Business

This will raise the stake of Bharti International (Singapore)- wholly-owned subsidiary of Bharti Airtel - in Robi Axiata Limited to 31.3 per cent from 25 per cent at present, the company said in a BSE filing.

This would improve ease of GST compliance for over 22 lakh registered taxpayers who had to otherwise log into their account on the common portal and then file their returns every month.

Crude oil prices rose after major oil producing nations agreed to extend a production cut of nearly 10 million barrels of oil a day through the end of July to counter the blow to demand from the coronavirus pandemic.

The first phase would begin from June 8, 2020, at Bengaluru and Chennai, for items of imports primarily covered by Chapter 84, 85 of the Customs Tariff Act, 1975. The phased roll out plan envisages that faceless assessment shall be the norm pan-India by D...

The NSE Nifty 50 bluechip index rose 1.73% to 10,313 by 0346 GMT, while the S&P BSE Sensex was up 1.79% at 34,901.41. Both the indexes have gained over 11% in the past two weeks.

The store was closed on March 20 even before the lockdown was implemented to contain the spread of coronavirus in the country.

In a tweet, Nasscom President Debjani Ghosh said the members had a very productive discussion with the minister.

The statement came amid warnings that low-income and emerging market economies will need more than the International Monetary Fund's initial estimate of $2.5 trillion to deal with the Covid-19 crisis.

As per the revised criteria, a unit with Rs 50 crore of investment and Rs 250 crore of turnover will fall under the 'medium' enterprise category.

After skyrocketing 1,250 points during the day, the 30-share index settled 879.42 points or 2.57 per cent higher at 33,303.52.

Forex traders said foreign fund inflows, weak American currency and positive opening of domestic equities also boosted investor confidence.

The penalty has been imposed on Citibank for contravention of certain sections of the Banking Regulation Act and for non-compliance with directions.

He serves as an adjunct professor at the Massachusetts Institute of Technology and is on several statutory and advisory boards in India, Europe and the US.

The Guaranteed Emergency Credit Line (GECL) of Rs 3 lakh crore was announced as part of Rs 21 lakh crore package by the government.

The duo, also being probed by the ED in another money laundering probe linked to late gangster Iqbal Mirchi, were summoned by the agency multiple times in the Yes Bank case.

The MSME minister said the Centre has decided that its ministries and public sector undertakings will clear outstanding payments of MSMEs within 45 days.