Third quarter earning outcomes from index heavyweights such as Maruti Suzuki and Larsen and Toubro (L&T), is expected later in the day. All the sectors or BSE and NSE gained. The Sensex of the BSE opened at 36,245.77 from its previous close at 36,195.10 on Thursday. At 9.24 a.m., the[Read More…]
business
CBI books Dhoot, Chanda Kochhar; conducts raids in Videocon-ICICI Bank Rs 1,730-cr loan case
Mumbai/New Delhi, In a significant development, the CBI on Thursday lodged an FIR against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and industrialist V.N. Dhoot besides four companies, and raided four locations in Maharashtra in connection with a Rs 3,250-crore loan involving the Videocon Group and the[Read More…]
Republic Day offer on Bank fixed deposit (FD): How to Avail 9.75% Interest rate on FD
Republic Day offers and Deals: Bangalore-based Microlender, Jana Small Finance Bank has announced an exciting offer on the occasion of Republic Day 2019, whereby the bank is offering an interest rate of 9.75 percent on fixed deposits (FD) for senior citizens. In order to make this republic day more memorable,[Read More…]
80% Indian employees think their workplace data at hacking risk: Accenture
New Delhi, While 74 per cent of Indian workers say new technologies to collect workforce data put trust at risk, recent data scandals make 80 per cent feel that their employee information might be hacked too, a new report from Accenture said on Thursday. More than five in 10 C-level[Read More…]
Markets open on positive note
Mumbai, The 30-scrip Sensitive Index (Sensex) opened on a positive note on Wednesday during the morning trade session. The Sensex of the BSE opened at 34,494.12 and touched a high of 36,521.47 and a low of 36,410.14 after closing at 36.444.64 on Tuesday. It is trading at 36,475.02, up by[Read More…]
EOW to contest former NSEL Director Massey’s anticipatory bail plea at MPID court
Mumbai, The Economic Offences Wing (EOW) of the Mumbai Police would contest the anticipatory bail application filed by Joseph Massey, Former NSEL Director, in a special MPID (Maharashtra Protection of Interest of Depositors Act) court on Tuesday in connection with the Rs 5,600-crore NSEL payment default. Massey had approached the[Read More…]
NSC vs 5-year bank FD: Which is a better tax saving investment?
Among the salaried class people in India, some of the widely preferred tax saving investment are- Public Provident Fund (PPF), Equity-Linked Savings Scheme (ELSS), National Savings Certificate (NSC), tax saving bank fixed deposit (FD). Section 80C of the Income Tax Act has a list of specified investment products using which[Read More…]
Fincare Small Finance Bank enters into Hyderabad market
NR Fixed Deposit at up to 9% interest rate p.a. Fixed Deposit rates of up to 9.5% p.a. for senior citizens Savings accounts with interest rates of up to 7% p.a. Hyderabad: Fincare Small Finance Bank (SFB) announced its entry into Hyderabad at a press conference, today, with the launch[Read More…]
Sun Pharma stocks plunge on revelation of whistleblower’s complaint
Mumbai: The stock of pharmaceutical major Sun Pharma ended up as the top loser on the BSE Sensex on Friday following reports of a complaint by a whistleblower to the Securities and Exchange Board of India (Sebi) against the company, raising issues of corporate governance. The company scrip tanked over[Read More…]
Angel tax relief only first step, more in offing: Top official
By Vishav Gandhinagar: The government’s decision to liberalise norms for availing angel tax exemption would solve the majority of the problems ailing the start-up sector and is only the first in a series of major steps, a top government official said on Friday. In a big boost to startups and[Read More…]
