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Cabinet approves Rs 52,878 crore IDBI Bank sale to Fairfax arm in India’s largest financial-sector FDIThe Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaish...- Cabinet approves 78-day bonus worth Rs 2,009 crore for 11.4 lakh railway employees ahead of DiwaliThe Union Cabinet has approved a 78-day productivity-linked bonus worth Rs 2,009.61 crore for 11.4 lakh railway employees, with a maximum p...
- Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
- 8th Pay Commission salary calculator: Can Level 8 employees get Rs 29 lakh extra pay in 10 years at 7% annual increment rate?8th Pay Commission fitment factor: Employee groups are advocating for the 8th Pay Commission to reconsider the current three percent annual...
- Niyo to acquire Capital India’s RemitX forex business for Rs 11.4 croreThe transaction will be undertaken through Kanji Forex, Niyo’s wholly owned subsidiary, and will also bring the RemitX brand and more than ...
- New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...
- How and why Zee founder Subhash Chandra's Rs 22,006 crore debt was chopped to just Rs 6.5 croreThe NCLT approved Subhash Chandra's insolvency plan, allowing a settlement of Rs 22,006 crore claims for Rs 6.25 crore. Dissenting lenders ...
- Fascinate Textiles shares list at 20% discount to issue price of Rs 151 on NSE SME platformFascinate Textiles shares made a weak NSE SME debut on August 24, listing at a 20% discount to the IPO price despite the issue being subscr...
- Ashok Leyland just had a record June quarter. So why did the margin fall a full point?Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volu...
- Indian Railways utilises Rs 1.14 lakh crore, 39% of FY27 budget grant till July: GovtIndian Railways has utilised more than Rs 1.14 lakh crore, or about 39 per cent of its budget grant for 2026-27, till July 2026, the govern...
- Raj Thackeray alleges Rs 18 crore donations 'stolen' from Mumbai's Siddhivinayak Temple annuallyRaj Thackeray alleged significant theft of donations at Mumbai's Siddhivinayak Temple. He also claimed substantial funds were stolen from t...
- Pine Labs signs six lenders for AI underwriting tool; to launch expense cardsPine Labs is launching an AI underwriting tool and new employee benefit cards. The company is expanding its services beyond payment process...
- How salary perks, NPS can save Rs 1 lakh in income taxOne reason for high tax is the low exemption for the HRA component in his salary. Up to 10% of the basic salary put in the NPS on behalf of...
- Dunzo faces legal notice from seven firms over unpaid duesDunzo had received legal notices from Google India, Nilenso, Clover Ventures, Facebook India Online Services Private Limited, Cupshup, Koo ...
- Indian tech sector growth slows in FY23, CEOs cautiously optimistic about future: NasscomA survey of chief executives by Nasscom has revealed that chief executives are "cautiously optimistic" about the future, and the industry l...
- Jobs: Karnataka bounces back, adds 3 million new jobs since September 2017The 2021-22 saw the addition of net new payrolls surpass the pre-pandemic levels of 2019-20, according to the latest Economic Survey.
- Odisha govt hikes DA by 11%; 4 lakh employees, 3.5 lakh pensioners to benefit from itGovernment employees will get their increased salary from October and they will also get the three months' hiked DA in cash, after the Odis...
- September registers creation of highest number of formal jobs in this fiscalThe payroll data of the ministry of statistics and programme implementation, released on Wednesday, shows rise in numbers of EPFO, ESIC and...
- Assets with portfolio managers up at Rs 11.4 lakh crore in August-endThe assets base of portfolio managers has been continuously rising since January, when it was Rs 10.23 lakh crore. It stood at Rs 10.4 lakh...
- Federal Bank grants stock options to employeesFederal Bank today said it has granted Employee Stock Options worth around Rs 114 crore to its employees this year.
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