MUMBAI: More than Rs 2000 crore worth of Kotak Mahindra Bank shares are set to change hands later tonight as a large institutional investor plans to offload its stake in the lender, three people familiar with the deal said. Citigroup is managing the share sale to be offered in ...
BENGALURU: The union budget for 2016-17 was a mixed bag for the Indian IT industry and start-ups, as its proposals were less than expected with caveats, the industry's apex body Nasscom said on Monday. "The budget is a mixed for the technology and services sector, as clarification and simplification ...
NEW DELHI: In the first near amnesty like scheme since 1997, the government today offered domestic holders of undisclosed income and assets a one-time compliance opportunity to escape prosecution. Refusing to call the compliance window an amnesty scheme, Finance Minister Arun Jaitley in his Budget for 2016-17 announced a ...
By Dion Rabouin NEW YORK (Reuters) - A gauge of stocks across the globe on Monday posted its fourth straight month of declines, while crude oil notched its first positive month since October. Gold closed February with a gain of more t