SuperMoney indeed: Mumbai-based startup raises a million USD from Unitus Ventures
Startups

SuperMoney indeed: Mumbai-based startup raises a million USD from Unitus Ventures

The startup offers credit, savings and insurance solutions to blue-collar, gig workers.

Rationalise DDT rate to 10% in upcoming Budget, industry body CII tells govt
Business

Rationalise DDT rate to 10% in upcoming Budget, industry body CII tells govt

Industry body CII has sought rationalisation of the dividend distribution tax rate to 10 percent in the upcoming Budget to encourage participation of different stakeholders in the country's financial markets

Budget 2018: Citizen's body demands rise in HRA, action against builders misusing GST
Business

Budget 2018: Citizen's body demands rise in HRA, action against builders misusing GST

A not-for-profit organisation has pitched for stern action against those builders who are "enriching themselves" under the "guise of GST" causing loss to homebuyers

BSE Sensex trades flat ahead of Q3 results; Bharti Airtel, Kotak Bank among major gainers
Business

BSE Sensex trades flat ahead of Q3 results; Bharti Airtel, Kotak Bank among major gainers

The benchmark BSE Sensex was trading flat, up 12.10 points in late morning trade amid bouts of buying in realty, telecom, IT, utilities, industrial and FMCG sectors ahead of the announcement of key corporate results

India-born Ajit Jain appointed as Berkshire Hathaway VC: Here's all you need to know about Warren Buffett's potential successor
Business

India-born Ajit Jain appointed as Berkshire Hathaway VC: Here's all you need to know about Warren Buffett's potential successor

Warren Buffett appointed India-born Ajit Jain as the new vice chairman of Berkshire Hathway's insurance business and elevated him as a director in the company's 14-member board

Tata Housing, Lodha Group keen to own Jaypee Infratech's multi-crore Yamuna Expressway
Business

Tata Housing, Lodha Group keen to own Jaypee Infratech's multi-crore Yamuna Expressway

Tata Housing and Lodha Group are keen to own the multi-crore six-lane concrete road project that connects Greater Noida with Agra in Uttar Pradesh, reports said.

SMEs listed in BSE and NSE to touch 1,000 in next 2 years, says merchant banker Guiness
Business

SMEs listed in BSE and NSE to touch 1,000 in next 2 years, says merchant banker Guiness

The number of SMEs listed on BSE and NSE platforms is expected to reach 1,000 in the next two years from nearly 350 at present, merchant banker Guiness Corporate Advisory Services said

Higher tax exemption in Budget can make health insurance affordable to public at large
Business

Higher tax exemption in Budget can make health insurance affordable to public at large

Two major areas wherein we expect some focus from the government is home insurance and health insurance

Wanted: An independent RBI chief to champion reforms
Business

Wanted: An independent RBI chief to champion reforms

India can ill afford to pick wrong or drag its feet on a replacement. It has attracted more than $60 billion in foreign portfolio investments since Rajan's appointment in September 2013.

3 firms drop off payments bank list: What is spooking the aspirants?
Business

3 firms drop off payments bank list: What is spooking the aspirants?

When the RBI commenced the licencing process for payments banks, the idea was to offer one more layer of payments services to the yet-to-be banked in the country.

Government eyes cleanup of bad debt mountain as wary state banks hesitate
Business

Government eyes cleanup of bad debt mountain as wary state banks hesitate

The proposal envisages setting up a panel comprising leading bankers and government and central bank officials, to review some larger outstanding loans and try to arrive at a settlement, finance ministry and central bank officials said.

Indian origin broker charged in alleged $131 mn US stock market scam
Business

Indian origin broker charged in alleged $131 mn US stock market scam

The case involved the NASDAQ-traded stocks of ForceField Energy Inc., which claimed to be a world-wide distributor LED lighting products.

DBS strikes the right balance between best of both worlds
Finance

DBS strikes the right balance between best of both worlds

The challenge is finding a balance between rewarding individual results in the larger context of encouraging teamwork.

Wharton India Economic Forum in Mumbai tomorrow: 10 Indian start-up finalists to make a pitch
Startups

Wharton India Economic Forum in Mumbai tomorrow: 10 Indian start-up finalists to make a pitch

The top 10 finalists were chosen from over 750 applications from across industries, both for-profit and social ventures.

When is the right time to start planning for retirement?
Investing

When is the right time to start planning for retirement?

The day first salary/income is earned by an individual is the day one should start saving up for retirement.