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Ambani’s children will get no salary, only fee for attending board meetings
Business

Ambani’s children will get no salary, only fee for attending board meetings

Posted on: September 26, 2023

[ad_1] Billionaire Mukesh Ambani’s three children as directors of Reliance Industries Ltd will be paid only a fee for attending board and committee meetings, the company said […]

IndiGo should be compared with global carriers, not domestic: CEO Elbers
Business

IndiGo should be compared with global carriers, not domestic: CEO Elbers

Posted on: September 26, 2023

[ad_1] IndiGo’s size should be compared with global carriers and not other domestic airlines as such benchmarking will help India transform its airports into aviation hubs, said […]

India’s bond index inclusion set to test RBI’s liquidity, FX management
Business

India’s bond index inclusion set to test RBI’s liquidity, FX management

Posted on: September 26, 2023

[ad_1] India’s inclusion next year in the JPMorgan emerging market debt index, which could draw up to $25 billion in inflows over a short period, would need […]

CBDT extends safe harbour option to convertible preference shares
Business

CBDT extends safe harbour option to convertible preference shares

Posted on: September 26, 2023

[ad_1] The Central Board of Direct Taxes (CBDT) has further relaxed angel tax rules for unlisted startups by extending the 10 per cent safe harbour to convertible […]

I-T dept notifies ‘Angel Tax’ rules for valuing investments in startups
Business

I-T dept notifies ‘Angel Tax’ rules for valuing investments in startups

Posted on: September 26, 2023

[ad_1] The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. As […]

Disruption at Pegatron plant unlikely to affect iPhone production in India
Business

Disruption at Pegatron plant unlikely to affect iPhone production in India

Posted on: September 26, 2023

[ad_1] Pegatron, one of Apple Inc.’s three suppliers in India, halted iPhone production at its Chennai factory on Sunday night following a minor fire. However, this decision […]

Stock market LIVE: Broader indices rally; Eicher Motor up 4%, Tata Steel 2%
Business

Stock market LIVE: Broader indices rally; Eicher Motor up 4%, Tata Steel 2%

Posted on: September 26, 2023

[ad_1] Stock market LIVE updates on September 26, 2023: The S&P BSE Sensex was quoting at 66,032 levels, up 6 points or 0.01 per cent, while the Nifty50 […]

Five things JPMorgan chief Dimon said about India
Business

Five things JPMorgan chief Dimon said about India

Posted on: September 26, 2023

[ad_1] Jamie Dimon, chairman and chief executive officer (CEO) of JPMorgan Chase, is in India on his first visit after the Covid-19 pandemic. In interactions with various […]

India’s inclusion in the bond index will increase investor vigilance
Business

India’s inclusion in the bond index will increase investor vigilance

Posted on: September 26, 2023

[ad_1] By Andy Mukherjee The bond market is so often portrayed as a vigilante on the prowl that it’s easy to miss those rare occasions when […]

Moody’s rpt on Aadhaar made assertions without citing any evidence: UIDAI
Business

Moody’s rpt on Aadhaar made assertions without citing any evidence: UIDAI

Posted on: September 26, 2023

[ad_1] International credit agency Moody’s Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday. […]

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