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Startups listing directly on foreign bourses may get tax sops
Settlement of bonds that are part of global indices via Euroclear can also expect the tax benefits
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Panic-stricken investors shift focus back to pharma, IT scrips
The Nifty pharmaceutical index on Friday rallied 1.7%, with Cipla, Dr Reddy's, Alkem, Pfizer and Dr Lal Pathlabs, gaining between 3% and 7%
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Metropolitan centers lead growth in bank credit
It signals broad recovery in economic activities, says the Reserve Bank
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RBI panel for no cap on promoters stake in pvt banks for 1st 5 yrs, 26% after 15yrs
This may continue as a minimum of 40% of the paid-up voting equity share capital of the bank for the first five years.
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Bihar, Jharkhand and UP poorest states in India: Report
As per the index, 51.91% of the population from Bihar is poor, which is followed by 42.16% in Jharkhand and 37.79% in Uttar Pradesh
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Bank privatisation: Centre may reduce stake to 26%
Two PSBs have been lined up for disinvestment
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Rural sales same as urban sales in terms of volume
Grooming and personal care products too have been gaining stronger traction in rural areas during the past two years
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Global firms wooing talent in India as cross-country hiring gains traction
Professionals are being hired in varies roles such as digital marketing, content, design, project management and even manufacturing
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Govt proposes changes in law to enable banks pursue defaulters assets abroad
A global model law gives the framework for cooperation between domestic courts and foreign courts
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Imports of medtech devices from up 75%
Imports are mostly in critical items such as oximeters, diagnostic instruments, digital thermometers and chemical reagents
