Business- Page 378

NEW DELHI: The Reserve Bank of India (RBI) has imposed a hefty penalty of Rs 589 million on ICICI Bank Limited (the bank) for non-compliance of directions issued with regard to the

New Delhi: The government has asked all public sector banks (PSBs) to obtain a certified copy of the passport of the promoters or directors and other authorised signatories of companies seeking loans

Mumbai: The Securities and Exchange Board of India (Sebi) approved most of the recommendations of Uday Kotak-led corporate governance panel, which had proposed sweeping changes to governance practices followed by listed firms

New Delhi:As part of the government’s renewed engagement with China, the two countries hosted the 11th meeting of the India-China Joint Group on Economic Relations, Trade, Science and Technology. The last such

New Delhi: Income Tax department has frozen Cognizant Technology Solutions Corps bank accounts and deposits in Chennai and Mumbai for allegedly evading a dividend distribution tax (DDT), according to a report .

New Delhi :The Reserve Bank of India (RBI) had agreed in principle to a request by Punjab National Bank (PNB) to spread its losses related to the Nirav Modi-Mehul Choksi fraud over

Mumbai: Confederation of Indian Industry president Shobana Kamineni urged the Reserve Bank to reintroduce the letters of understanding (LoUs) as an instrument of trade credit to businesses facing liquidity crunch. During her

Mumbai: Former RBI governor Raghuram Rajan said universities need to be “safe spaces” where debates takes place and no one is shouted down after being branded an “anti-national”. Every stream of thought

NEW DELHI:Attacking the Bharatiya Janata Party (BJP) on the eve of five hundred days of demonetisation, the Congress compared Prime Minister Narendra Modi to a ‘sheep’ with ‘harebrained idea’. Taking to Twitter

New Delhi: India’s telecom subscriber base dipped to 117.5 crore at the end of January with smaller operators losing bulk of their customers, as per the monthly report released by Telecom Regulatory