Business

Confusion among traders as GST filing site stops functioning

Sat, 08/19/2017 - 15:00

New Delhi, Aug 19 (IANS) Traders across the country faced problems on Saturday as the Goods and Services Tax (GST) filing website stopped functioning for some time, a day ahead of the last date for filing GST returns.

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Still judging current mechanism to resolve bad debts: Jaitley

Sat, 08/19/2017 - 14:06

Mumbai, Aug 19 (IANS) Previous laws were only partly effective in resolving the problems of insolvency and bankruptcy in the corporate world and one would have to wait to judge the effectiveness of the current mechanism to deal with the issue, Finance Minister Arun Jaitley said on Saturday.

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Infosys to buy back 11.3-crore shares at Rs 1,150 each

Sat, 08/19/2017 - 13:12

Bengaluru, Aug 19 (IANS) Global software major Infosys Ltd on Saturday announced that it would buy back 11.3-crore shares of Rs 5 face value at Rs 1,150 ($18) per share via a tender offer at an outlay of Rs 13,000 crore.

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Steel consumption up 3.7% in July

Sat, 08/19/2017 - 13:06

Kolkata, Aug 19 (IANS) India's steel consumption in July rose by 3.7 per cent to 6.905 million tonnes (mt) over corresponding month last year and exports in the last month grew by 64 per cent, the Steel Ministry's latest report said on Saturday.

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Still judging current mechanism for resolving bad debts: Jaitley

Sat, 08/19/2017 - 13:02

Mumbai, Aug 19 (IANS) Finance Minister Arun Jaitley said on Saturday that while previous laws were only partly effective in resolving the problems of insolvency and bankruptcy in the corporate world, one would have to wait to judge the effectiveness of the current mechanism to deal with the issue.

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Infosys buyback priced at Rs 1,150 per share

Sat, 08/19/2017 - 11:56

Bengaluru, Aug 19 (IANS) Global software major Infosys Ltd on Saturday announced it buy back 11.3 crore shares of Rs 5 face value at Rs 1,150 per share via a tender offer.

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SAIL looks for product differentiation

Fri, 08/18/2017 - 21:56

Rourkela/New Delhi, Aug 18 (IANS) State-run Steel Authority of India Ltd (SAIL) sees "product differentiation" as a key strategy to survive in the competitive market, its chairman P.K. Singh said on Friday.

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Strict implement plastic ban in Delhi: Minister

Fri, 08/18/2017 - 21:38

New Delhi, Aug 18 (IANS) Delhi Environment Minister Imran Hussain on Friday directed officials to strictly implement the ban on plastic carry bags of less than 50 microns, an official statement said.

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