Business

Traders said dollar's strength against some currencies overseas and fresh demand of the US currency from importers weighed on investor sentiment.

Three pharma companies — Glenmark, Divine Saviour Pvt Ltd and Hetero Healthcare Ltd — have been fined. Fines have also been imposed on carry and forward agent B M Thakkar & Co, Federation of Gujarat State Chemists & Druggists Association and its three con...

Although it’s not mandatory as per Income Tax Act for individuals to file an ITR if their Gross Total Income for FY2017-18 is less than Rs.2,50,000; however, let us give you 7 good reasons why you must fulfil this moral and social duty.

The order for Boeing's 787s marks a new setback for Airbus in an intense battle for wide-body orders as the European plane maker seeks to strengthen the order book for its upgraded A330neo passenger jet.

HDFC group currently has four listed entities -- housing finance major HDFC Ltd, banking behemoth HDFC Bank, life insurance firm HDFC Standard Life and Gruh Finance -- while Tatas have nearly 30 firms listed on the stock exchange.

It is important to know that you can claim HRA exemption benefit only when you are living in a rented house. Those who live in their own house cannot avail tax exemption benefit on HRA.

What makes the jump in Singh’s salary particularly egregious is that Fortis Healthcare, under Singh’s stewardship, reported losses of Rs 73.5 crore and Rs 74.7 crore in 2015-16 and 2016-17, respectively.

Increased demand for the American currency from importers and banks amid persistent foreign fund outflows also weighed on the rupee.

The Mumbai bench of the NCLT will deliver its verdict on July 4 on the bitter legal feud that Mistry has been fighting ever since dismissal as the chairman of the Tats Sons on October 24, 2016.

“It's (Rs 1 lakh crore) not the norm still. We hope to bring it (GST revenue) to the level of Rs 1 lakh crore (every month),” Adhia said while addressing the GST Day celebrations.

The company, it said, will continue to evaluate and pursue growth opportunities in India through organic and inorganic options in the future to grow in line with the underlying Indian economy.

If no measures are taken, average temperatures in India are predicted to increase by 1.5-3 degrees, said the World Bank report titled 'South Asia's Hotspots: The Impact of Temperature and Precipitation Changes on Living Standards'.

"The implementation date for the notification is August 4. We are hopeful of resolving the tariff issues before that," official sources said.

In February, the finance minister in his annual budget announced the plan to merge National Insurance Co Ltd, Oriental Insurance Co Ltd and United India Insurance Co Ltd.

The government will set up a 4.4-million-tonnes SPR at Chandikhol in Odisha, and a 2.5-million-tonnes facility at Padur in Karnataka.

ICICI Bank may face a penalty of up to Rs 25 crore under the relevant Sebi regulations for such lapses, while the fine for Kochhar may go up to Rs 1 crore, besides other penal actions, a senior official said.