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Ahmedabad businessman kidnapped in Udaipur

 Udaipur : In a shocking incident, a 60-year-old businessman was kidnapped by four-five identified men in SarvraRitu Vilas area under Surajpole police station of the city. What has shocked the police is that the incident took place in broad day light during peak traffic hours in a densely populated commercial area ... Read More »

IBC an opportunity for asset reconstruction cos: Arun Jaitley

Insolvency and Bankruptcy Code (IBC) and the government’s emphasis on resolution provide opportunity for asset reconstruction companies as stressed assets still have inherent value, Finance Minister Arun Jaitley said. During discussions with Asset Reconstruction Companies (ARCs) and Private Equity firms (PE) today, he said these non-performing assets (NPAs) were essentially ... Read More »

As deadline for filing returns nears, snag hits tax site

NEW DELHI: Two days before the deadline for filing income tax (I-T) returns ends, the online filing system of the tax department developed a technical snag on Saturday affecting taxpayers’ efforts to upload their annual statements. “For the last two hours, the system has stopped functioning. It is showing a glitch. We now have ... Read More »

Railways plans to discontinue providing blankets in some AC trains

NEW DELHI: Faced with criticism that it gives dirty blankets to passengers, the railways is working on a pilot project to discontinue providing them in AC coaches in some trains. Recently, the CAG, in its report tabled in Parliament, criticised the railways on cleanliness and hygiene in trains and stations. On a trial basis, the ... Read More »

Nifty makes history, touches 10,000: Key factors

Equity benchmark NSE Nifty touched the psychological mark of 10,000 for the first time in Tuesday’s opening trade. The broader index opened at 10,010.55, gaining 44.15 points. Here are some of the key points which contributed to the surge: Optimism among investors The policies introduced by the Narendra Modi-government have provided a ... Read More »

Bajaj Auto eyes 26% market share: Report

Bajaj Auto is reportedly planning to increase its market share to 26% from the current 15%. In this regard, the company is taking corrective measures including launch of more than half a dozen products. With the help of new launches under the brands V, Avenger, Dominar and Pulsar Bajaj Auto ... Read More »