Business

December 9, 2018 1:27 PM

Sebi to relax listing norms for start-ups, rename it Innovators Growth Platform

In a major push to kickstart listing of start-ups in India in a big way, capital markets regulator Sebi has lined up a slew of relaxations for new-age ventures.  The proposed changes include renaming the Institutional Trading Platform that the regulator had created for such listings as Innovators Gr...

December 8, 2018 8:54 PM

No GST on sale of complexes and flats having completion certificate: Govt

Center today clarified that there is no GST on sale of complexes, buildings and ready to move-in flats where sale takes place after issue of completion certificate. Ministry of Finance said in a release that GST is applicable on sale of under construction property or ready to move-in flats where com...

December 6, 2018 5:03 PM

Sensex plunges 572 points to 35,312; Nifty tumbles 182 points to 10,601

Benchmark domestic stocks today closed with losses for third consecutive day. The indices witnessed fall of more than one and half a percent following weak global cues, weak rupee and sustained selling by foreign as well as domestic institutional investors.  The Sensex at the Bombay Stock Exchange p...

December 6, 2018 6:45 AM

RBI proposes new method to benchmark floating rate of loans for MSMEs

In a bid to ensure greater transparency, Reserve Bank has proposed that floating interest rates on personal, home, auto and MSMEs loans be linked to external benchmarks like repo rate or treasury yields. In a statement issued from Mumbai yesterday, RBI said that the final guidelines to link the inte...

December 5, 2018 12:23 PM

JSDMS, FICCI organise day-long Industry Engagement Programme in New Delhi

Jharkhand Skill Development Mission Society and FICCI are jointly organising a day long Industry Engagement Programme in New Delhi today. Titled the 'Employers Network for Generating Aspirational and Gainful Employment', ENGAGE, the programme aims to build a sustainable linkage bet...

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