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News & Features | Business    See All Updates : 12422

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Asian nations defend globalisation while the West frets

DNMUM381567 | 1/19/2017 | Author :Pranjal Sharma | WC:454

The irony is there for all to see. At the World Economic Forum’s annual summit in Davos, the biggest defence of globalisation came from Chinese President Xi Jinping. “It is true that economic glob

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Five PSU gen insurers to list, reap big gains

DNMUM381568 | 1/19/2017 | Author :Praveena Sharma | WC:362

New Delhi: In what could generate additional resources for the government in the next fiscal, the Cabinet Committee of Economic Affairs (CCEA) on Wednesday gave its nod for listing of the five state-o

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Bijli, Ramnath sign a blockbuster PVR deal

DNMUM381569 | 1/19/2017 | Author :Ashish K Tiwari | WC:262

Mumbai: Global private equity firm Warburg Pincus has picked up 14% stake in Ajay Bijli-promoted PVR Ltd. The Rs 820 crore transaction, industry experts said, saw affiliates of existing PE investo

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Loss on shares sold on bourse can’t be carried forward

DNMUM381561 | 1/19/2017 | Author :Harsh Roongta | WC:442

My annual income is more than 25 lakh per annum and accounts are being audited by a chartered accountant (CA). During FY16 (AY17), I suffered long-term capital loss (LTCL) of Rs 55,000 on shares sold

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Sensex gains 22 pts as govt holds tax move

DNMUM381562 | 1/19/2017 | Author :dna correspondent | WC:171

Mumbai: Markets recovered on Wednesday with the benchmark indices gaining marginally on the back of government putting FPI taxation on hold and emerging markets consolidating ahead of Trump swearing c

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JNPT plans `1Kcr port on west coast

DNMUM381563 | 1/19/2017 | Author :Ateeq Shaikh | WC:397

Mumbai: Jawaharlal Nehru Port Trust’s (JNPT’s) Board has plans to invest a minimum of Rs 1,000 crore as part of its latest expansion plan, wherein it may either build a new port or buy an existing one

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