The GST Council, in its 21st meeting in Hyderabad, had decided to extend the deadline for filing TRAN-1 form to October 31, from September-end earlier. It also allowed businesses to revise the form once in the case of any discrepancy.
GoAir which is shifting its entire operations to terminal T2 from terminal 1 (T1) from October 29, would also provide free inter-terminal transfer facility between the two terminals for three months.
At NSE, shares of the company went down 3.95 per cent to close at Rs 15.80. In terms of equity volume, 44.55 lakh shares of the company were traded on BSE and over 3 crore shares changed hands at NSE during the day.
As the time to match returns and give tax refunds arrive and the cash crunch bites the industry and some inspectors get ready for a post Deepavali bonanza
BSE has asked its stock brokers to submit a report with details about their preparedness, number of active clients and the number of clients who have complied with submitting Aadhar numbers.
"Customers should be made aware that GST is included in the MRP and it should not be charged separately. Several complaints have come to light of additional GST being charged over MRP on packaged goods, and some non-taxed goods are also been taxed with GST. It is illegal," Anand said.
In a filing to BSE, engineering and construction major Larsen & Tourbo said its transportation infrastructure and water effluent treatment segments have jointly bagged orders worth Rs 1,123 crore in the domestic market.
The relentless charge of Bitcoin halted as the price of the cryptocurrency dipped during this week. Meanwhile other cryptocurrencies gained ground.
Forex dealers said that apart from weakness in the dollar against major currencies overseas, robust foreign fund inflows supported the rupee.
The 30-share index opened gap down at 33,025.17 against Wednesday's record close of 33,042.50 and quickly raced to a high of 33,074.91.
The goal, Uber's David Richter said, is to have people applying, getting approved, loading the card and paying for the ride with the card all while the customer is being taken to their destination. Uber's credit card is clearly being marketed as a digital credit card first and a physical card second.
The economy was in repair in 1992-93 after the famous balance of payments crisis in 1991-92 and the government had to unveil reforms in the financial sector especially after the securities scam of 1991-92.
Of the total of 22 PSU banks, as many as eight currently have gross non-performing assets (GNPA) above 15 per cent while 14 banks have GNPA of more than 12 per cent.
The selected start-ups work in various fields related to energy such as converting waste plastics to petroleum fuels, solar stove, multipurpose fuel from agricultural waste biomass and leak detectors for liquefied natural gas (LNG) cylinders, among others.
The IPO’s price band has been set at Rs 770 to Rs 800 per equity share of face value of Rs 5 each.
The stock got listed at Rs 850, down 6.79% from the issue price on the BSE. During the day, it tumbled 14.44% to Rs 780.25.
It bodes us well that this step (bank recapitalisation) has been taken in a time of sound macroeconomic conditions for the economy on other fronts, said Urjit Patel.
Following an SC order, the DoT had mandated re-verification of all existing subscribers to weed out numbers obtained through fraud.
He attributed the twin balance sheet problem to the problem of exit and more cases of public sector banks-to-private sector lending, saying that in future, the country should have more private sector-to-private sector lending.
Net sales during the quarter under review stood at Rs 8,199 crore.
Not a single paisa worth of corruption will happen, says road minister Nitin Gadkari,
The Sensex crossed the 33,000-mark for the first time to scale an all-time high of 33,117.33 in early trade on the back of run-up in PSU banks.
Rise in debt to GDP ratio, already high against similar BBB-rated countries, a concern, say experts.
"Even if fiscal deficit increases by 0.1 per cent or 0.2 per cent, on the larger prospective of economy it does not matter as long fiscal deficit is not on the account of revenue deficit but on the account of capital expenditure," he noted.
Amazon was also pulled up for its parachute advanced coconut hair oil communication claiming that the MRP of the product is Rs 149 and is offered at a discounted price of Rs 142.
"As per the agreement, the average hike for a commander stands in the range of Rs 13-14 lakh per annum for the first year (April 2016-March 2017). However, these arrears have not yet been paid," a source said.
HCL Technologies on Wednesday reported a net profit of Rs 2,188 crore for the quarter ended September 30, up 8.6 per cent over the year-ago period.
In an ideal banking world of tomorrow, India needs to have both large public sector and private sector banks, competing domestically and being competitive internationally, Arvind Subramanian said in a lecture at SGTB Khalsa College.
The rate is in line with that for Public Provident Fund. In July-September quarter too, the government had kept the interest rate at 7.8 per cent
The report said every incremental Rs 100 billion of bank capital infusion by the government has the potential to increase credit and GDP growth by 1 percentage point and 0.5 percentage point respectively
On Tuesday, Finance Minister Arun Jaitley unveiled an unprecedented Rs 2.11 lakh crore two-year road map to bolster NPA-hit public sector banks, which includes re-capitalisation bonds, budgetary support, and equity dilution.
Data from the American Petroleum Institute on Tuesday showed U.S. crude stocks rose by 519,000 barrels last week, compared with analysts' expectations for a decline of 2.6 million barrels.
Consumer credit in Britain has grown much faster than household income in the last few years, the Bank of England said in June. Dealership car finance has expanded the fastest and accounts for nearly a third of the 198 billion pounds in consumer loans, with Lloyds having the biggest market share.
The move comes after the company, reeling under debt of around Rs 46,000 crore, failed to close to its wireless business merger deal with Aircel in the beginning of this month.
Recapitalisation of PSBs through widely-discussed recapitalisation bonds has precedence not only in India but also in many other countries like Korea and Malaysia.
Bakshi is at loggerheads with McDonald's since 2013. Later, he had approached the NCLT after McDonald's removed him from the post of MD of CPRL in 2013. In July this year, the tribunal restored him to his position. It was challenged by McDonald's in the National Company Law Appellate Tribunal (NCLAT)