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PROMISSORY NOTE
B R Ambedkar's birthday declared a closed holiday by central governmentThe section says: "When the day on which a promissory note or bill of exchange is at maturity is a public holiday, the instrument shall be ...
What is Commercial Paper?Commercial paper is issued by companies to raise funds generally for a time period up to one year.
Need a year to test electoral bonds’ viability: EC officialsElectoral bonds, which are interest-free bearer instruments like Promissory Notes, will be made available for purchase for 10 days each in ...
Demonetisation despotic action, undermines trust: Amartya Sen"It's (demonetisation) a disaster on economy of trust. In the last 20 years, the country has been growing very fast. But it is all based on...
Mallya's craft beer firm brews fresh funding in USMallya and his group firms are also being probed by multiple regulators and agencies including Sebi, Enforcement Directorate and SFIO (Seri...
Indian startup sets up crypto-currency platform for GreeksAn Indian startup, claiming to be a non-profit organisation, today said Greek citizens can get 2,000 euro each in form of a virtual currenc...
Home Ministry notifies enemy property rules under the Enemy Property ActAct authorised Central Government of India to appoint a custodian for enemy property for India and one or more deputy/assistant custodians ...
Hyderabad liquor vendors create paper money to beat coin shortageThe owner of a liquor retail chain said each of his shops is saving at least Rs 1,000 a day now, money which used to be spent earlier to pr...
- No withholding tax on foreign cos discounting subsidiary's bills
Foreign corporates with subsidiaries in the country are not subject to payment of withholding tax for financial services like discounting o...
Satyam gets notices on four past takeoversScam-hit Satyam Computer today said legal disputes have arisen over as many as four of its overseas acquisitions.
- Centre pitches for uniform stamp duty in all states
Financial instruments could soon attract uniform stamp duty across the country. The govt has decided to take up the issue with the empowere...
- BoM to raise Rs 200 cr from bonds
Bank of Maharashtra said it will raise up to Rs 200 crore from Tier II bonds to augment its capital adequacy requirements.
- Debentures, promissory notes set to attract lower stamp duty
Stamp duty on debentures and promissory notes is expected to be reduced soon.
- Uniform stamp duty awaits debt papers
Debentures and promissory notes will soon attract a uniform stamp duty across the country.
- Centre may stamp duty rate for bonds
A parliamentary committee is likely to meet shortly to take up the issue of imposing uniform stamp duty on the issue of bond paper, a sugge...
- Och-Ziff Cap to take 25% stake in Nitesh Estates for $55 mn
Och-Ziff Capital Management Group, one of the top five global hedge funds with assets worth $21 billion, including investments in the UK fo...
- States agree to uniform stamp duty on debt instruments
India’s moribund debt market is set to finally get a leg-up with state governments granting an in-principle approval to rationalise stamp d...