Good corporate governance help cos achieve better financial results: Survey
"While compliance with laws and regulation must form a part of any governance framework, there is an opportunity for progressive boards to broadly work on better corporate governance practices. This includes promoting a culture of integrity and ethics, tapping into key stakeholder groups and creating enough scope for debate and dissent," said Dinesh Anand.
Cut in corporate tax rate was needed to spur investments, boost growth: CEA Subramanian
For us (India) to achieve the goal of USD 5 trillion economy by 2024-25, and USD 10 trillion by 2030, we need to press the paddle on structural reforms, Chief Economic Adviser K V Subramanian said and explained the host of measures that the government has taken in recent times.
Chinese invaders giving a tough competitive call to Indian TV players
As per regulatory filings made by the company to Registrar of Companies (RoC) and accessed through business intelligence platform Veratech Intelligence, the Korean firm reported a drop in television sales by 8.6% to Rs 3,444.98 crore in 2018-19.
Free WiFi now at 5,500 railway stations
The Railways began the service of providing free WiFi at its stations from January 2016 from Mumbai Central station, and in a span of 46 months RailTel has extended the service to 5,500 stations across the country.
ONGC lists $300 million MTN issue on India INX
The notes under the programme have been issued at a coupon rate of 3.375 per cent due in 2029.
REC raises $500 million via unsecured notes
The net proceeds from the sale of the notes will be used for lending to the power sector.
Govt should provide strong stimulus package for economy: Kumar Mangalam Birla
"One of the things that it (govt) can also do is to give stronger fiscal stimulus,"Kumar Mangalam Birla said.
F&O: Fall below 11,888 level may take Nifty to 11,800-11,700 zone
Builtup of long positions were seen in Bharti Infratel, Kotak Mahindra Bank and Berger Paints.
CMPDIL to help Singareni Collieries set up washeries
CMPDI will prepare tender documents, conduct technical assistance in evaluation of offers, approve design drawings & offer periodic supervision during execution. For the coal handling plants with washery, CMPDI will prepare tender documents, offer technical assistance in evaluation of offers and approve design drawings. The MOU is for a period of 3 years.
Retailers, services more open to hiring apprentices: Report
"The government has taken multiple initiatives like easing FDI norms, to boost retail sector, which have led to an increase in retail activity by way of expansion of local chains and malls. The only way to create workforce for this industry is through apprenticeship," TeamLease Skill University said in the report.
NCLAT directs ED to file final affidavit in BPSL assets attachment matter
A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked the ED to clarify about its role after the attachment of assets of Bhushan Power and Steel Ltd (BPSL). The NCLAT has directed to list the matter on December 12 for the next hearing. The appellate tribunal was hearing a batch of petitions, against the attachment of BPSL assets.
Oil companies' shares fall on OPEC output cut buzz
Shares of Indian Oil Corporation were down by 0.23 per cent to Rs 125.70 apiece.
Auditor general detects financial irregularities of Rs 108 crore in NRC
Supreme Court monitored NRC exercise started in December 2013. The Office of Accountant General (Audit) had submitted to State Coordinator, NRC the inspection report of the office of State Coordinator, NRC for the period April 1, 2014 to December 3, 2017 with a request to furnish reply to the Inspection Report within one month.
Haier makes a Rs 775 crore bet on Indian arm
The infusion came after the local subsidiary, Haier Appliances India, more than doubled its authorised share capital to Rs 4,000 crore from Rs 1,900 crore, as per the latest regulatory filings made with the Registrar of Companies (RoC).
Sensex rises 100 points, Nifty nears 12,050 amid firm global cues
Volatility indicator India VIX punged 9.78 per cent to below 13 level.
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