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1-10 results from 1000 for query «transaction»

20 May, 2018 6:30 AM International tribunal to hear Vodafone challenge to Rs.22,100 crore tax in February 2019

Vodafone has challenged the government’s using a 2012 legislation that gives it powers to retrospectively tax deals like its $11-billion acquisition of 67% stake in Hutchison Whampoa. An international arbitration tribunal will begin hearing British telecom giant Vodafone’s challenge to India using a retrospective legislation to seek Rs.22,100 crore in taxes 33

18 May, 2018 1:27 PM Reserve Bank of India slaps ₹ 5 cr. fine on South Indian Bank

The penalty is levied for non-compliance with RBI directives. The Reserve Bank of India (RBI) has slapped a penalty of ₹ 50 million on South Indian Bank Limited for non-compliance with the directions issued by it. The non-compliance pertains to Income Recognition and Asset Classification (IRAC) norms, Know Your Customer (KYC) norms and treasury function 32

14 May, 2018 8:36 AM Karnataka Bank to sell 8.26% stake in Universal Sompo to Dabur Invest Corp, Sompo Japan

Private sector lender Karnataka Bank will sell 8.26 percent stake in Universal Sompo General Insurance to Dabur Investment Corporation and Sompo Japan. This transaction is awaiting approval from Insurance Regulatory and Development Authority of India (IRDAI), according to a statement by the insurer. Once this transfer is completed, Karnataka Bank's stake 49

7 May, 2018 12:35 PM ArcelorMittal gets European Commission nod to acquire Italy's Ilva

Global steel giant ArcelorMittal today said it has received a go-ahead from the European Commission (EC) to acquire Italian steelmaker Ilva. The approval is a significant milestone in the transaction to acquire loss-making Ilva and represents a major step towards closing the deal, which is now expected to occur as soon as possible, the company said in a statement 43

7 May, 2018 10:43 AM Nestle pays $7.15 billion to sell Starbucks products

The agreement gives Nestle, which owns the Nescafe and Nespresso brands, a strong platform for continued growth in North America. Zurich: Swiss food giant Nestle announced today it will pay USD 7.15 billion for the rights to market Starbucks products around the world, outside of the company's coffee shops. The agreement gives Nestle, which owns the Nescafe 54

1 May, 2018 5:49 PM SBI's Green Remit Card: Eligibility, Service Charges And Other Features

SBI's Green Remit Card offers a limit of Rs 25,000 per transaction. State Bank Of India (SBI) offers Green Remit Card which is used by customers (remitters), particularly non-account holders, who want to remit money to an SBI bank account at regular intervals, mentioned country's largest lender on its official website. Green Remit Card facilitates non-home 38

1 May, 2018 3:10 PM Jet Airways Offer: Here's How You Can Avail Cashback On Flight Tickets

Jet Airways' cashback offer is applicable only once per user during offer duration. Jet Airways has come up with a cashback offer on bookings of flight tickets made using Airtel payments bank or money wallet. Customers can avail 10 per cent cashback on the transaction amount at jetairways.com (Jet Airways' official website) or the mobile app by paying 41

28 April, 2018 4:36 AM Cyient acquires Belgium-based AnSem N V for USD 17 million

Cyient Limited on Friday said its step down subsidiary 'Cyient Europe Limited' acquired Belgium-based AnSem N V, a leading fabless, analog application-specific integrated circuits (ASICs) design service company. Cyient Limited on Friday said its step down subsidiary 'Cyient Europe Limited' acquired Belgium-based AnSem N V, a leading fabless, analog 53

20 April, 2018 4:50 PM Interpol gives notice for Sri Lanka’s ex-bank head

Interpol has issued a red notice for Sri Lanka’s former Central Bank Governor, who is wanted in connection with a controversial bond auction. “International police today issued a red notice for former Central Bank Governor Arjuna Mahendran related to the investigation by the police criminal investigation department of the bond sale,” police said. Mr. Mahendran 64

18 April, 2018 5:41 PM New registration policy in Telangana from June

Pilot project begins in five mandals from May 7, in 30 mandals from May 19 Chief Minister K. Chandrasekhar Rao on Wednesday said a new registration policy aimed at weeding out corruption in land transactions and ensuring transparency and online registration portal ‘Dharani’ will come into force from June. In the meanwhile, the officials must conduct 44