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FinMin may double tax exemption limit to households to boost savings

General

30 June, 2014

FinMin may double tax exemption limit to households to boost savings

Seeking to boost household savings, the Finance Ministry is considering doubling the exemption limit for investments by individuals in financial ......

Competition Commission of India shifts the goal posts as to when a merger control filing is required

Others

30 June, 2014

Competition Commission of India shifts the goal posts as to when a merger control filing is required

On 27 May 2014, the Competition Commission of India (CCI) imposed a penalty of INR 3 crore (approximately USD 0.5 ......

SEBI, other watchdogs plan 'Common Reporting Standard' for FIs

General

30 June, 2014

SEBI, other watchdogs plan 'Common Reporting Standard' for FIs

In a bid to catch tax evaders, Sebi and other regulators are planning to put in place a Common Reporting ......

News Roundup: Inox in talks to buy Satyam Cineplexes

Others

30 June, 2014

News Roundup: Inox in talks to buy Satyam Cineplexes

Inox Leisure Ltd, India’s second largest multiplex chain, is in talks to buy Satyam Cineplexes Ltd in a transaction that ......

Govt relaxes resident director norms for companies

General

30 June, 2014

Govt relaxes resident director norms for companies

Providing leeway for corporates, the government has relaxed norms under the new companies law for resident directors this year.The relaxation ......

CAG draft report calls for cancelling Reliance Jio broadband spectrum for violations

TMT

30 June, 2014

CAG draft report calls for cancelling Reliance Jio broadband spectrum for violations

The CAG has suggested cancelling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for allegedly ......

Genpact appoints Edward J Fitzpatrick as CFO

TMT

27 June, 2014

Genpact appoints Edward J Fitzpatrick as CFO

BPO major Genpact today said it has appointed Edward J Fitzpatrick as its chief financial officer with effect from July ......

Exim Bank to raise up to $3B this year

General

27 June, 2014

Exim Bank to raise up to $3B this year

The Export Import Bank of India today said it would raise up to USD 3 billion from overseas market during ......

Govt to fix anomalies in Rangarajan gas pricing formula before revising rates

Infrastructure

27 June, 2014

Govt to fix anomalies in Rangarajan gas pricing formula before revising rates

Days after the government put off natural gas prices hike by three months, Power & Coal Minister Piyush Goyal said ......

Indian analytics market to more than double to $2.3B by FY18

TMT

27 June, 2014

Indian analytics market to more than double to $2.3B by FY18

Analytics market in India, which clocked revenues of about USD 1 billion in the last fiscal, is expected to more ......

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