Finance Ministry


Govt Set To Make An Equity Infusion Of Rs 300 Crore In Alliance Air

Banking - Published date: .

The government is set to make an equity infusion of Rs 300 crore in regional carrier Alliance Air, which is facing finan... Read more

Appeal By Firm Can Be Heard Even Without Certified Copy Of Order: HC

Banking - Published date: .

Earlier, an appellate authority under the GST regime had rejected the appeal on the ground that it was not accompanied b... Read more

Top Global Firms Approaching Indian Toy Makers For Sourcing Goods: Official

Banking - Published date: .

Top global retailers from the US and Europe have shown keen interest in sourcing goods from Indian toy manufacturers and... Read more

Samsung Eyes Expansion, Planning To Make India Smartphone Manufacturing Hub

Banking - Published date: .

The South Korean electronics major plans to invest in setting up smart manufacturing capabilities at its second-largest ... Read more

Top Headlines: FPIs Seek Six More Mths From FinMin, 1st India Chip Fab Soon

Banking - Published date: .

Business Standard brings you the top headlines at this hour Read more

RoC To Check GoMechanic's Books Amid Allegations Of Irregularities: Report

Banking - Published date: .

According to the Companies Act, Section 264 (4), the RoC has the authority to conduct an inquiry into the affairs of a c... Read more

5 PSU Insurers Have Rs 347-crore Exposure To Adani Firms: FinMin

Banking - Published date: .

Earlier this month, Finance Secretary TV Somanathan had termed the Adani issue a 'storm in a teacup' Read more

Govt Nudges LIC To Tweak Product Strategy For Better Investor Return

Banking - Published date: .

The government is nudging LIC to tweak its product strategy to maximise profitability in a bid to help the country's lar... Read more

Startup Investors Get Jittery

World - Published date: .

Many private funds are dollar-denominated and stand to make losses if they sell at current levels, said analysts.Weak ru... Read more

Govt Receives Rs 4,353 Crore As Dividend Tranches From 7 CPSEs

Banking - Published date: .

The government on Tuesday said it has received Rs 4,353 crore as dividend tranches from seven public sector enterprises,... Read more

Finance Ministry Suggests Extending Terms Of CEOs, EDs At State-owned Banks

Banking - Published date: .

Leaders of Punjab National Bank, UCO Bank and Bank of Maharashtra likely to get more time at their jobs. Read more

Centre Includes Retail And Wholesale Under MSMEs, To Benefit 25 Mn Traders

Banking - Published date: .

MSME Minister Nitin Gadkari said the decision would make such traders eligible for finance under priority sectors classi... Read more

India Challenges $1.2 Bn Cairn Award, Says Never Agreed On Tax Arbitration

Banking - Published date: .

India had seized and sold shares of Cairn in its erstwhile India unit, confiscated dividend due and withheld tax refunds... Read more

Govt Notifies Solvency Rules For Foreign-owned Insurance Companies

Banking - Published date: .

Rules mandate 50% profit in general reserve if solvency margin is not maintained after profit repatriation, half the boa... Read more

Planes To Gas Cargoes: Cairn Identifies $70-bn Indian Assets For Seizing

Banking - Published date: .

UK's Cairn Energy has identified $70 billion of Indian assets overseas for potential seizure to collect $1.72 billion du... Read more

Govt Gives Bidders Data Access For $7-billion Bharat Petroleum Sale

Banking - Published date: .

The government's 53% stake in the refiner is valued at about Rs 50,900 crore based on Friday's closing price Read more

FM Sitharaman Says Looking At How Best To Sort Out Cairn Arbitration

Banking - Published date: .

Finance Minister Nirmala Sitharaman on Thursday reiterated that an international arbitration ruling on India's sovereign... Read more

Vodafone Wins Long Battle Against India Over Rs 20,000 Cr Retro Tax Demand

Banking - Published date: .

India told to bear 60% of Voda's legal costs amounting to over £4 million; FinMin tells govt to consult counsel and con... Read more

Govt To Study Legal Options After Losing Vodafone Arbitration Case

Banking - Published date: .

"The govt will be studying the award and all its aspects carefully in consultation with our counsels," Finance Ministry ... Read more

Finance Ministry Invites Bids From Transaction Advisors For LIC IPO

Banking - Published date: .

The advisors can submit their bids beginning Friday, till July 13, 2020. The bids would be opened by DIPAM on July 14 Read more