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New leadership team takes the helm at ASSOCHAM

By   /  February 15, 2017  /  Business  /  Comments Off on New leadership team takes the helm at ASSOCHAM

A new team is at the helm of The Associated Chambers of Commerce and Industry of India (ASSOCHAM) as Sandeep Jajodia, chairman & managing director (CMD), Monnet Ispat & Energy Ltd. Balkrishan Goenka, chairman, Welspun Group and Mr Kiran Kumar Grandhi, vice-chairman of GMR Infrastructure Ltd. have taken over as president, senior vice-president and vice-president […]

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Was demonetisation one of the reasons why Raghuram Rajan left?

By   /  February 11, 2017  /  Business  /  Comments Off on Was demonetisation one of the reasons why Raghuram Rajan left?

Former finance minister and senior Congress leader P. Chidambaram on Friday said that a five-page letter speaking against demonetisation was submitted to the Centre by “someone in the Reserve Bank of India” on the day Raghuram Rajan stepped down from the post of Governor of the apex bank. Chidambaram dared the government to make the […]

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All is not well at Infosys? Founders raise governance concerns with board

By   /  February 8, 2017  /  Business  /  Comments Off on All is not well at Infosys? Founders raise governance concerns with board

The founders of Infosys Ltd , India`s second-biggest software services exporter, have informed the company`s board that they have certain corporate governance concerns, according to a CNBC-TV18 report late on Tuesday. Infosys founders N.R. Narayana Murthy, Kris Gopalakrishnan and Nandan Nilekani wrote to the company`s board last month raising concerns including the pay hike given […]

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‘SMEs to pay 25% tax even if Rs 50-crore limit crossed in FY17’

By   /  February 7, 2017  /  Business  /  Comments Off on ‘SMEs to pay 25% tax even if Rs 50-crore limit crossed in FY17’

The I-T department today said companies that had a turnover of less than Rs 50 crore in 2015-16 will pay tax at the reduced rate of 25 percent from April 1 even if they cross the threshold in 2016-17 or subsequent years. Central Board of Direct Taxes (CBDT) chairman Sushil Chandra said the income tax […]

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Capital infusion in PSU banks after Q3 numbers

By   /  February 6, 2017  /  Business  /  Comments Off on Capital infusion in PSU banks after Q3 numbers

Government will finalise the second and final tranche of capital infusion for public sector banks (PSBs) for 2016-17 once all of them have declared results for the third quarter of the current financial year, a senior Finance Ministry official said. As of now, only five of the 26 listed state-owned banks have declared their results […]

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‘Singapore most favoured destination to invest for Indian companies’

By   /  January 23, 2017  /  Business  /  Comments Off on ‘Singapore most favoured destination to invest for Indian companies’

Indian firms’ total direct overseas investment increased by 32 percent to USD 2.49 billion in December, with Singapore emerging as the top destination. Indian firms pumped in USD 2.06 billion in Singapore in December, which is over 82.5 percent of the total commitment. Indian firms’ total direct overseas investment during the month was USD 2.49 […]

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Government likely to unveil money transfer scheme for poor, unemployed

By   /  January 17, 2017  /  Business  /  Comments Off on Government likely to unveil money transfer scheme for poor, unemployed

The government may soon facilitate an income transfer scheme paving the way for a national social security system for poor and unemployed in the country. The idea of social security system is not uncommon world over.The UK and Finland government offer a job seeker’s allowance for the unemployed. As per The Economic Times report, the […]

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EPFO cuts interest rate on PF deposits for 2016-17 to 8.65%

By   /  December 19, 2016  /  Business  /  Comments Off on EPFO cuts interest rate on PF deposits for 2016-17 to 8.65%

Retirement fund body EPFO on Monday fixed 8.65 percent rate of interest on EPF deposits for the current fiscal for its over four crore subscribers. The Finance Ministry had earlier this year decided to lower interest rates on EPF for 2015-16 to 8.7 percent from the 8.8 percent approved by the CBT headed by the […]

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GoDaddy Launches WordPress Powered Websites to Help Small Businesses Build Professional Websites with Ease

By   /  December 8, 2016  /  Business  /  Comments Off on GoDaddy Launches WordPress Powered Websites to Help Small Businesses Build Professional Websites with Ease

GoDaddy, the world’s largest cloud platform dedicated to small, independent ventures, today announces the launch of WordPress Websites for the India market. The new offering from GoDaddy is the easiest way to build a professional online presence easily and affordably using WordPress. It features an exclusive WordPress Quick Start Wizard that simplifies the website creation […]

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Here are given some of the major benefits of Debit Card activation in the form of Frequently Asked Questions (FAQs) and their Answer format:

By   /  December 5, 2016  /  Business  /  Comments Off on Here are given some of the major benefits of Debit Card activation in the form of Frequently Asked Questions (FAQs) and their Answer format:

QUESTION 1: Why it is important to have active debit cards? ANSWER:   Debit Card makes your payments much more convenient and secure through an   electronic payment facility directly from your bank account. Debit card can be used for purchases online or at shops by directly debiting your Bank account. Debit cards can also be used […]

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