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CBDT forms committee to check absconding income tax officers

India, March 24 -- The Central Board of Direct Taxes (CBDT) has constituted a committee to identify Indian Revenue Service (IRS) and other junior-rank officers of the income tax department who are on unauthorised leave or are absconding, so that strict disciplinary action could be initiated against them.

The three-member committee, the CBDT said in an order, will carry out a "one-time count" of all the officers working in the department and iden... Read More


Live: Sensex, Nifty up, banking stocks soar on Arun Jaitley's NPA remarks

Mumbai, March 24 -- Shares rose for a second consecutive session as lenders such as State Bank of India rallied after finance minister Arun Jaitley said the government would soon announce new measures to tackle non-performing assets (NPAs). The government and the Reserve Bank of India would announce the measures in "a couple of days", Jaitley said at a media event. Lenders also got a boost from expectation of good demand for Yes Bank's up to $750... Read More


After Air India, four private carriers may ban 'unruly' Sena MP Ravindra Gaikwad from flying

New Delhi, March 24 -- Immediately after national carrier Air India blacklisted Shiv Sena MP Ravindra Gaikwad following his brazen assault on an officer, four private Indian carriers are also likely to bar the lawmaker from flying.

The Federation of Indian Airlines (FIA), having Jet Airways, IndiGo, SpiceJet and GoAir as its members, said that it has taken a 'strong view of the incident' and accordingly decided to bar Gaikwad from flying.

The F... Read More


Will support any move to bar unruly fliers, says IndiGo as Air India mulls no-fly list

India, March 24 -- Budget carrier IndiGo on Friday said it will support any move which bars unruly passengers from flying, a day after Air India said it was mulling preparing a no-fly list for such people in the wake of a Shiv Sena MP assaulting its employee.

"We will support a no-fly list," IndiGo president and whole time director Aditya Ghosh said.

At present, there is no such mechanism available with the Indian airlines.

IndiGo, which is th... Read More


Sensex up by 121.41 pts

Mumbai, March 24 -- The benchmark index of Bombay Stock Exchange (BSE) rallied today by 121.41 points to 29,453.57 as renewed buying was seen across the board.

The Nifty of National Stock Exchange (NSE) moved up by 33.95 points at 9,120.25.

The sensex registered intra day high and low at 29,500.19 and 29,350.17 points respectively.

The Nifty recorded day intra day high and low at 9,131.95 and 9,089.40 respectively.

The gainers were ICICI... Read More


Yes Bank surges on launching $650 million QIP issue

India, March 24 -- Yes Bank is currently trading at Rs. 1532.85, up by 16.80 points or 1.11% from its previous closing of Rs. 1516.05 on the BSE.

The scrip opened at Rs. 1540.00 and has touched a high and low of Rs. 1543.90 and Rs. 1525.80 respectively. So far 88874 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1546.60 on 16-Mar-2017 and a 52 week low of Rs. 826.65 on 05-Apr-20... Read More


Pinnamaneni Estates submits disclosure

India, March 24 -- The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pinnamaneni Estates.The above information is a part of company's filings submitted to BSE.... Read More


Clarification sought from Refex Industries

India, March 24 -- The Exchange has sought clarification from Refex Industries on March 24, 2017, with reference to increase in Price.The above information is a part of company's filings submitted to BSE.... Read More


SPR Construction fixes record Date for NCD

India, March 24 -- SPR Construction has informed that the Company has fixed March 30, 2017 as the Record Date for the purpose of Payment of Interest on NCD.The above information is a part of company's filings submitted to BSE.... Read More


SpiceJet flies high on starting daily direct flight services to Dhaka from Kolkata

India, March 24 -- Spicejet is currently trading at Rs. 95.60, up by 2.20 points or 2.36% from its previous closing of Rs. 93.40 on the BSE.

The scrip opened at Rs. 94.40 and has touched a high and low of Rs. 97.40 and Rs. 94.00 respectively. So far 6938092 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.40 on 24-Mar-2017 and a 52 week low of Rs. 54.50 on 09-Nov-2016.

Last on... Read More