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About 100 results for "uttam ghosh money"

Relief rally lifts Sensex 346 points, Infosys, RIL stand tall
Rediff.com

Relief rally lifts Sensex 346 points, Infosys, RIL stand tall

The 50-component Nifty closed at 10,214.75, a solid gain of 96.70 points, or 0.96 per cent Illustration: Uttam Ghosh/Rediff.com The flagship Sensex on Thursday ticked all the right boxes as it surged over 346 points to reclaim the key 33,000-mark, driven up by PSU banking stocks. Both benchmarks Sensex and Nifty notched up their single-day biggest gains since November 1. In the process, the Sensex reversed its three-session losing spell as Reliance Industries led the rally after global crude ... Rediff.com, 6 days ago
Rediff.com

Surat tops list of maximum number of shell firms in India

2,138 firms deposited unaccounted Rs 5,000 cr in zero-balance accounts during the note ban Illustration: Uttam Ghosh/Rediff.com Surat has replaced Kolkata as the new capital of shell firms that evade taxes. According to the income tax (I-T) department, a majority of the companies featuring on the new list of shell firms provided by the government are based in Surat. Kolkata had topped the first list.   The tax department began tightening the noose around shell firms earlier this year, as ...
 Rediff.com6 days ago
Rediff.com

'Modi made rich richer, poor poorer'

'People are angry.''First notebandi, then GST, now losses on the farm have ruined us.' Illustration: Uttam Ghosh/Rediff.com In the first part of this India Spend feature, Alison Saldhana/India Spend spoke to small business owners near Mumbai to understand how demonetisation has affected their trade a year after Prime Minister Narendra D Modi outlawed Rs 500 and Rs 1,000 currency notes. In this concluding segment of the feature, she discovers that Modi's appeal to this constituency remains ...
 Rediff.com1 week ago
Rediff.com

'Economy will begin to revive in December'

'The next fiscal year will be a good one.' Illustration: Uttam Ghosh/Rediff.com In Part 1 of his interview with Rediff.com's Shobha Warrier, Dr Ashwani Mahajan, co-convenor of the Swadesh Jaagran Manch, which is aligned with the Rashtriya Swayamsevak Sangh, had asked why the RBI does not lower interest rates to boost private investment and give the economy a boost. "We have to come out of the mindset that FDI and foreign investors would change our country; only our people, our farmers, our ...
 Rediff.com1 week ago
Rediff.com

When you can't access your spouse's bank account

How can you access the bank account of an incapacitated person?Tinesh Bhasin lets us know.Illustration: Uttam Ghosh/Rediff.com Recently, the Bombay high court allowed a woman to operate the bank account of her husband who was in a coma. As there is no legal provision in banking to deal with such a situation, the wife had no option but to approach the judiciary to be appointed her husband's guardian. Anyone can face a similar situation where the breadwinner is comatose, incapacitated, bedridden ...
 Rediff.com1 week ago
Rediff.com

Minimum Government, did you say? :)

'We are moving away from the Modi promise of less government,' says T N Ninan.Illustration: Uttam Ghosh/Rediff.com What has received less attention is the sub-text of the announcement, pointing as it does to bigger government -- a trend that is already evident in other spheres. Basically, we are moving away from the Modi promise of less government.   The manner in which the banks are to be recapitalised will mean a government outlay (most of it from borrowed funds) of over Rs 1.5 lakh ...
 Rediff.com2 weeks ago
Rediff.com

Sensex ends at new peak on earnings optimism

But the NSE Nifty pulled back from record on profit-booking and ended in the negative terrain. Illustration: Uttam Ghosh/Rediff.com Benchmark Sensex created a fresh record as it settled at 33,731, on Monday, driven by better-than-expected earnings by blue-chip companies.   But the NSE Nifty pulled back from record on profit-booking and ended in the negative terrain. The 30-share Sensex after scaling an all-time high of 33,848.42 (intra-day) settled at the new high of 33,731.19, up 45.63 ...
 Rediff.com2 weeks ago
Rediff.com

As linking Aadhaar kicks in, EPF contributor base shrinks

The number of contributors was 46.4 million in July and 44 million in September. Illustration: Uttam Ghosh/Rediff.com Contributors to the Employees’ Provident Fund (EPF) have declined by two million after the government mandated the linking of Aadhaar with an employee’s PF account. The officials in the ministry of labour and employment said the number of contributors was 46.4 million in July and 44 million in September.   “This was on account of linking Aadhaar with the ...
 Rediff.com2 weeks ago
Rediff.com

BUSTED: 6 myths about investing in InvITs

Understanding InvITs properly will enable investors to make an informed decision, says V K Bansal. Illustration: Uttam Ghosh/Rediff.com. InvITs are instruments for infrastructure developers to raise capital. For investors, InvITs provide (1) an opportunity to invest in a de-risked portfolio of operating infrastructure assets for a superior risk-adjusted return, (2) potential of growth via acquisitions.   The governance framework behind InvITs builds on the experience of similar ...
 Rediff.com3 weeks ago
Rediff.com

Aadhaar-demat account linking: FPIs grappling with Sebi diktat

Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31 Illustration: Uttam Ghosh/Rediff.com It is not just domestic investors but also foreign portfolio investors (FPIs) who are grappling with the Securities and Exchange Board of India’s (Sebi’s) diktat mandating linking Aadhaar with “all demat accounts”. In August, Sebi had directed the stock exchanges to cease the accounts of all the clients who failed to submit Aadhaar details by December 31.
 Rediff.com3 weeks ago
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