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The finance ministry seems to have accepted the arguments of private equity funds that they be subject to the same rate of capital gains tax as foreign institutional investors.... | Read..
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ICICI Bank today beat analyst estimates by posting a 31 per cent growth in net profit at Rs 1,902 crore for the quarter ended March against Rs 1,452 crore in the correspo... | Read..
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Axis Bank today sealed an agreement to sell a 25 per cent stake in Axis Asset Management Company Ltd (Axis AMC) — its wholly owned subsidiary — to Schroder Si... | Read..
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The Supreme Court today set up an expert panel to examine the feasibility of imposing stricter norms for selling prepaid SIM (subscriber identity module) cards.... | Read..
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Siemens today reported an 11 per cent rise in profit after tax at Rs 304 crore for the three months ended March 2012 but cautioned that “confidence” was low in th... | Read..
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