Section: Business

Court seeks Akshay Kumar's contact details, exempts others

Published on By prameya news7 (author)

A Delhi court today sought the personal coordinates of actor Akshay Kumar after it was told that summons could not be served on him in a defamation case filed by Bata footwear company which had objected to a dialogue in the Bollywood film ‘Jolly LLB 2’.

Guidelines needed for rehabilitation of mentally ill:SC

Published on By prameya news7 (author)

The Supreme Court today asked the Centre to frame guidelines for rehabilitation of persons who have been cured of their mental illness, observing that the issue was "very sensitive".

Rupee opens lower by 4 paise against dollar

Published on By prameya news7 (author)

The rupee was trading lower by 4 paise at 66.96 against the dollar in early trade today at the forex market as the American unit strengthened overseas.

At Tata Sons, Chandrasekaran to focus on shareholder value

Published on By prameya news7 (author)

Tata Sons Chairman N Chandrasekaran, who took charge on Tuesday, vowed to bring “more vigour” to the group’s capital allocation policy to enhance shareholder value. On Day One, the new chairman promised to make the group companies leaders in their respective fields instead of being followers.

Indian energy giant: Report says ONGC may take over HPCL or BPCL

Published on By prameya news7 (author)

The government is planning to create an integrated oil company under an arrangement in which Oil and Natural Gas Corporation may take over either of Hindustan Petroleum Corporation or Bharat Petroleum Corporation , reports.

No plans to introduce Rs 1,000 notes: Das

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The government has no plans to introduce Rs 1,000 notes and the focus is on increasing production of lower denomination currencies, Economic Affairs Secretary Shaktikanta Das said on Wednesday.

EPFO Introduces Easier Norms For Provident Fund Advance, Withdrawal: 10 Facts

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The Employees' Provident Fund Organisation or EPFO has simplified the norms for provident fund-related claims - from provident/pension fund withdrawal to the advance facility.

HDFC Bank FPI trades: Sebi, RBI mull safeguards

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Sebi and RBI are working on a more robust system for reporting of trades done by FPIs and ensure compliance with sectoral caps amid confusion over their exposure breaching the 74 percent limit in HDFC Bank.

Tata Motors, Volkswagen may ink partnership at Geneva Show

Published on By prameya news7 (author)

The Geneva International Show in March will not only be keenly watched for showcasing innovative cars with new technologies but also for international partnerships. This time it could be a partnership deal between Tata Motors and Volkswagen.

Is Viral Acharya’s solution for stressed assets viable for Indian banks?

Published on By prameya news7 (author)

The stressed asset resolution mechanism suggested by the newly-appointed deputy governor of the Reserve Bank of India (RBI), Viral Acharya, might just be what the Indian banking system needs at a stage where it is threatened by a Rs7 trillion bad loan problem.