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Petronet LNG, Indias biggest liquefied natural gas importer, has paid a 12.5 per cent higher commission-on-profit to its chief executive Prabhat Singh and company directors in the fiscal year ended March 31, 2018.

Petronet Board disfavoured USD 2.5 bn US LNG deal in Apr; signs...

Petronet signed a MoU with Tellurian "wherein Petronet and its affiliates intend to negotiate the purchase of up to 5...

23 Sept 2019 6:12 PM IST

The company welcomed recent rationalisation of corporate tax rates.

Impact of new GST rates for caffeinated drinks to be minimal: Varun...

The GST Council raised tax on caffeinated beverages from 12 per cent to 28 per cent and imposed a 12 per cent cess.

23 Sept 2019 2:59 PM IST

Terapact collaborates with companies to help them solve problems around sales, customer engagement and loyalty.

Terapact aims at billion dollar sales mandate by 2021

Recent reports also reveal that over 12.76 lakh houses are lying unsold in top 30 Indian cities.

23 Sept 2019 1:35 PM IST

The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)

Reliance Capital shares tumble over 11 pc after ratings downgrade

The scrip tanked 11.32 per cent to Rs 27.80 -- its 52 week low -- on the BSE.

23 Sept 2019 12:37 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI to adopt repo rate as external benchmark for all floating rate...

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

23 Sept 2019 11:05 AM IST

Thomas Cook India Group. (Photo: Twitter)

Over 1 lakh tourists stranded as Thomas Cook collapses, 22,000 jobs...

The repatriation of 600,000 tourists, including around 150,000 seeking government help returning to the UK.

23 Sept 2019 8:40 AM IST

A recent report by Indias leading rating agency Crisil also highlighted the challenges being faced by the Modi government in the last year before the 2019 general elections as crude oil prices have once again started rising.

Top 1,000 listed firms may see tax savings of Rs 37,000 cr post corp...

The drop in tax rate would now bring India at par with most Asian economies, the report added.

22 Sept 2019 7:14 PM IST

Tax cuts to boost industry; now need to focus on spurring demand:...

These tax cuts will have tremendous positive effect. We will soon see a turnaround, said Godrej Group Chairman Adi...

22 Sept 2019 6:17 PM IST

Companies from Germany, China, Japan and some other countries have been invited for the event to be held at Kalagram here between January 7-11, said MASSIA president Dnyandeo Rajale.

MASSIA to hold industrial expo in Aurangabad in January

The expo will showcase the industrial strength of Marathwada region, export convener Sunil Kirdak said.

22 Sept 2019 5:05 PM IST

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Non-life insurers register 17 pc rise in Aug new premium income at Rs...

The 34 insurers' gross premium collection stood at Rs 13,657.51 crore in the same month a year ago.

22 Sept 2019 4:50 PM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Banking, FMCG to benefit from corp tax cut; pharma, IT to remain...

The immediate benefit is increased cash flows to corporate India.

22 Sept 2019 2:23 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank promoter entities sell 2.75 per cent stake

The combined entities held 9.64 per cent holding in the bank which now stands at 6.89 per cent.

21 Sept 2019 3:17 PM IST