News digest: Sebi deadline for ICICI bank, MSP hike, Sukhoi crash, and more
Kochhar did not respond to the notice by the June 7 deadline
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Chanda Kochhar asked to reply to Sebi show cause notice by July 10
The Securities and Exchange Board of India (Sebi) has set a fresh deadline for ICICI Bank and its managing director and chief executive officer, Chanda Kochhar, to reply to a show-cause notice over alleged violation of listing disclosure norms. Read more
HAL's Sukhoi Su-30 aircraft crash to cost insurer Rs 2.5 billion
State-owned general insurer New India Assurance will have to fork out around Rs 2.5 billion in insurance claims to Hindustan Aeronautics Ltd (HAL), following the crash of its Sukhoi Su-30 fighter jet near Nashik last week. Read more
I-T's record recovery of Rs 1 trn contributes 10% to direct tax collection
The income tax (I-T) department made record recoveries of Rs 1 trillion in 2017-18, contributing 10 per cent to the total direct tax collection last financial year. Read more
The Securities and Exchange Board of India (Sebi) has set a fresh deadline for ICICI Bank and its managing director and chief executive officer, Chanda Kochhar, to reply to a show-cause notice over alleged violation of listing disclosure norms. Read more
HAL's Sukhoi Su-30 aircraft crash to cost insurer Rs 2.5 billion
State-owned general insurer New India Assurance will have to fork out around Rs 2.5 billion in insurance claims to Hindustan Aeronautics Ltd (HAL), following the crash of its Sukhoi Su-30 fighter jet near Nashik last week. Read more
I-T's record recovery of Rs 1 trn contributes 10% to direct tax collection
The income tax (I-T) department made record recoveries of Rs 1 trillion in 2017-18, contributing 10 per cent to the total direct tax collection last financial year. Read more
Steep hike in kharif MSPs may cost govt Rs 350 billion