Post GST, Colgate drops price of oral products by 9%
With GST roll out from July 1, Colgate India have reduced their oral products prices by 8-9% due to reduction in tax from 24% to 18%.
SBI to restructure UK operations under a new subsidiary
State Bank of India is set for a major restructuring of its business in the UK from April, India’s largest state-owned bank has said....
GST exempts majority of religious items; check the full list
Religious items including chandan tika, diya batti, Khadau, rudraksh, sacred threads have been exempted from GST. Check the article for full list.
Under mega recapitalisation, banks to get ₹2.11 lakh crores from government
The government has announced a mega recapitalisation program for the banks under which, it'll pay ₹2.11 lakh crores to 38 banks.
Indian Oil ₹4,435 crores buyback open; Should you sell or hold?
India's largest commercial oil company, Indian Oil Corporation Limited, has announced on December 13 buyback of up to 29.76 crore equity shares at ₹149 per share...
In first con-call as Chairman, Nandan Nilekani ensures stability in Infosys
In a con-call with investors, Nandan Nilekani stated that he has been appointed at Infosys with a pre-defined task and will leave the company once that task is completed.
1100 Searches, 5100 Notices post Demonetization : Arun Jaitley
In a written statement to Lok Sabha, Arun Jaitley stated that over 1100 searches post demonetization have seized over INR 610 crores of property.
PNB scam leads to global investors pulling out Rs 10,000 Cr from Indian Stocks
After the PNB fraud has created a turmoil amongst the global cues, the foreign investors have pulled out Rs. 10,000 Crore from the Indian...
Government announces new tax provision for NRIs
To stop money laundering, the government has released a new provision which directs NRIs to submit their overseas bank account details.
Personal care products brand Happily Unmarried to raise new funding round
While financial details are not disclosed, a report suggests that the deal could be worth around ₹50 crore for 20% stake in the company.
