Finance - general
New bill seeks to trim employee share in PF, take over CSR funds
09 Dec 2019
Over the long term, the government proposes to scrap EPFO and switchover to NPS, even as the amendments to the Social Security Code Bill 2019 provides for appropriating the corpus available from collections under corporate social responsibility to establish a social security fund
Phoenix to acquire Swiss Re's UK business for $4.1 bn
06 Dec 2019
The acquisition will create an enlarged Phoenix Group with £329 billion of assets under administration and 14.1 million policies, confirming Phoenix’s position as the largest life and pensions consolidator in Europe
Vodafone Idea won’t survive without govt relief: Kumar Mangalam Birla
06 Dec 2019
Responding to a question if the company is still hopeful of government relief for the debt-laden telecom sector, Birla echoed the statement made by Nick Read, CEO of Vodafone Plc, a shareholder in Vodafone Idea, earlier, but detracted later
RBI keeps repo rate unchanged at 5.15% despite GDP slump
05 Dec 2019
The Monetary Policy Committee (MPC) said the decision followed a spike in inflation in the near-term, while acknowledging that there is room to cut rates further going ahead
Big income tax cuts on cards as Diwali gift: report
03 Oct 2019
Combined with the corporate tax bonanza, the move will leave more cash with the investor and the consumer, lifting market sentiment this Diwali, according to the report
DHFL proposes equity route for debt resolution
30 Sep 2019
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