Business

Infosys founder NR Narayana Murthy’s latest spat with the company board over the salary hike given to chief operating officer UB Pravin Rao could impact the image of the company negatively, analysts and corporate governance experts told News18.

President Pranab Mukherjee has given his assent to the Finance Bill 2017 to give effect to provisions like the bar on cash transactions above Rs 2 lakh and compulsory quoting of Aadhaar for filing tax returns.

Emerging markets face newer challenges in the form of inward looking policies of protectionism and increased geopolitical tension, Finance Minister Arun Jaitley said on Saturday as he pegged India's GDP growth at 7.7 per cent in 2018.

The BSE Sensex fell about 73 points to trade at 29,575 in early trade of the last session of 2016-17 as the April derivatives series started on a negative note amid a mixed trend in the global market.

A sum of Rs 350 crore has been raised at a coupon rate of 8.57 per cent per annum and a maturity of five years, while another Rs 135 crore has been raised at 8.10 per cent with maturity of one year.

The Sensex registered a good beginning Tuesday as it recouped over 127 points after Monday's loss, with Asia providing a positive backdrop amid sustained foreign inflows.

Why was not the conversion of old currency notes allowed till March 31, 2017 for Indians as assured by Prime Minister Narendra Modi in his speech on November 8 announcing demonetisation?

The Comptroller and Auditor General of India (CAG) plans to audit the impact of note ban and the affect it has had on government tax revenues, said CAG Shashi Kant Sharma.

Nearly 23 years since it was brought in to cut the BSE to size, the NSE finds itself accused of some of the governance issues that had caused BSE’s fall from grace.

The BSE Sensex fell for a third straight session, closing down by 317.77 points, or 1.08 per cent -- its biggest single day drop since December 2 when it declined by 329 points -- to end at 29,167.68.

The BSNL has 38,000 landline connections, 14,200 broadband connections and 5 lakh mobile connection in Ghaziabad area.

"Approval for procurement of plastic substrate and printing of bank notes of Rs 10 denomination on plastic banknote substrates has been conveyed to the RBI," the minister said.

The Department of Telecom (DoT) informed the panel that both the public sector firms are in financial losses and are facing declining revenues from loss of market share and increasing expenditure.

Industrial production bounced back in January expanding by 2.7 per cent year-on-year mainly due to better performance by the capital goods segment, a barometer of investment activities.

Riding on exit polls that predict the BJP emerging as the single largest party in UP and coming to power in Uttarakhand, the BSE Sensex climbed over 146 points in opening trade on Friday on heavy fund inflows.

The Finance Bill will be passed by Parliament before March 31 to enable ministries to avail funds from April 1, Finance Minister Arun Jaitley said on Tuesday.