The great ATM scare

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WEEKLY NEWS PLATTER

Sat, Apr 21, 2018 | 02:02 PM IST

When India almost had a demonetisation scare The Finance Minister Arun Jaitley has acknowledged the cash crunch situation and blamed 'sudden and unusual increase' in cash withdrawal for the si... Tax dept warns salaried against evasion by under-reporting income The income tax department has warned salaried taxpayers against under-reporting income or inflating deductions/exemptions while filing income tax r... Mysterious bailout adds fresh twist to Chanda Kochhar case The settlements with different creditors also brought to close an earlier contempt proceedings against Deepak Kochhar, husband of Chanda Kochhar....

12,000 employees of bankrupt Alok Industries to lose jobs These employees earned an average salary of Rs 1.45L a year, show data compiled by Corporate Professionals that used the financials reported for 20... Dear India, you should now get used to layoffs at workplace A survey by Risesmart says that employees in the information technology sector experience more layoffs than those in other sectors....

Here are some names that can lead India's top private banks in coming years In less than 24 months, at least 4 top private banks will name new CEOs. There's a lot at stake – for shareholders, depositors, staff and banking i... Key Flipkart investors agree to sell stake to Walmart SoftBank, the biggest stakeholder at 20%, is seeking a better price, estimated at $15-17 billion, through a secondary sale of shares....

Is Fortis going the Satyam way? The similarities in the two cases are uncanny. However, despite all these pitfalls, the company has been receiving offers every other week.... RBI may loosen NPA norms to let banks breathe easy FinMin has made a case for relief, especially to SMEs, as stringent norms could force defaulters into rapid bankruptcy, which could dent jobs gener... Doctors, lawyers, MBAs in the race to be Mumbai Police constables Highly qualified professionals are making a beeline for the maidans across the city of Mumbai where this year's police recruitment drive is in prog...

Valuation guru Aswath Damodaran says most Indian IT firms are hitting retirement age

No small change this, variables may be paid in full for FY18 Ignore inflation while saving today and you won't have enough to sustain in 2050

Behind TCS's race to $100 billion market cap: A radical reinvention

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