Microsoft’s CEO Satya Nadella nets more than USD 35 million selling shares
Microsoft's CEO Satya Nadella has netted over USD 35 million after selling almost one-third of his common shares in…
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Government mulling over proposal to restrict royalty payments
The Commerce and Industry Ministry has proposed limits on royalty payments for technology transfer or collaboration…
Sugarcane price hiked by Rs. 20 per quintal to Rs. 275 by Government
The Indian government on Wednesday increased fair and remunerative price (FRP) of sugarcane by Rs 20 per quintal to…
Reliance is the highest private sector taxpayer, says Ambani
Reliance Industries Chairman Mukesh Ambani has announced on Thursday that Reliance is India’s largest taxpayer in…
RBI issues Bank of China the licence to operate in India
The Reserve Bank of India has reportedly issued a licence to Bank of China on Wednesday to operate in India.As…
Bombay Stock Exchange to deregister 222 companies from Wednesday
In an effort to clamp down on shell companies being used as conduits for unlawful fund flows, Bombay Stock Exchange…
India hikes customs duty on numerous US imported goods
India has hiked customs duty on several goods which are imported from the US. The Finance ministry, in a…
Vijay Mallya Faces Charge-sheet in money laundering case
The Enforcement Directorate filed a charge-sheet against liquor and airline tycoon Vijay Mallya on charges of money…
Import duty on non-palm oils raised by 5-10% in India
The Centre has raised the import duty on non-palm edible oils by 5 to 10 percent on June 15, with a view to protect…
RBI amends Gold Monetisation Scheme to make it more attractive
The Reserve Bank of India (RBI) has made changes in the Gold Monetisation Scheme (GMS) of 2015 to enable people to…