CEO and Managing Director Tata Steel Ltd, T.V Narendran pointed out...
Category:
Indian News
Latest
Tax department notifies ‘Angel Tax’ rules for valuing investments in startups
"These changes offer taxpayers a broader range of valuation methods...
Cipla introduces drone-powered critical medicine delivery in Himachal
The Mumbai-based firm aims to deliver medicines for cardiac,...
Bankers look for insurance for meeting litigation costs
Though, there are insurance products available to cover the various risks faced by the bankers while in discharging their duties, a ready-made packaged product,the way IBA wants, may not be available right now. To design such products, the reinsurers have to be roped in and a lot of information have to be provided and the bankers may not be willing to part with such informations, said R Chandrasekaran, secretary general, General Insurance Council.
PM Modi seeks double-digit GDP growth to get into $5 trillion economy club
Modi said 54 lakh new taxpayers have sought registration under the new regime, taking the number of indirect tax payers to over one crore.This compares to 60 lakh indirect tax payers in the pre-GST era, the Prime Minister said.
Odisha govt set up 20 new hospitals in PPP mode
The hospitals will be opened in Hub and Spoke models under the Affordable Health care Project of the State Government. While some hospitals will function as central hospitals or hubs, the rest will operate as branch hospitals or spokes.
LIC likely to pick up 40% stake in IDBI Bank
The LIC Board has approved the idea of taking charge of the controlling stake in a bank and will discuss the IDBI Bank stake sale after the government approves the idea, the official told the news agency.
Power ministry may make 24 degree as default setting ACs
At a meeting with Singh, AC makers were also advised to have labelling indicating the optimum temperature setting for the benefits of consumers both from financial and their health points of view, The new campaign will result in substantial energy savings and also reduce greenhouse gas emission,,the power ministry said in a statement.
Using Aadhaar biometric data for investigating crimes not allowed: UIDAI
“…the use of or access to Aadhaar biometric data for criminal investigation is not permissible under Section 29 of the Aadhaar Act, 2016,” UIDAI said in a statement.
Sulphuric acid leak at Vedanta India copper smelter could damage environment
“There is a severe leakage in the pipe flanges and … the pipe flanges are submerged in the acid pool collected in the dykes around the acid storage tank.There is a grave risk and danger as there are other tanks and there are flammable chemicals and materials within the plant area” the company said in a petition to the Madras high court.
ICICI Gen Insurance launches `Country Wellness Index’
“Our health portfolio currently stands at Rs2500 crore, up more than 20 per cent over previous fiscal. We were able to sell 2.5 lakh health insurance policies in FY 2016-17. We settled claim to the tune of Rs1200-1300 crore during last fiscal, which was less than that of the previous year’s claim amount settled,” said Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance Company
RBI asks banks to upgrade ATMs for greater security
As per the timeline, banks have to implement a host of security measures by August and upgrade all ATMs with supported version of operating in a phased manner by June next year.
Give police limited access to Aadhaar data: National Crime Records Bureau
40,000 unidentified bodies were recovered every year. With access to Aadhaar, these could be identified and handed over to their relatives