Business Standard | Front Page Headlines
The latest news from India's most respected business daily.



India Inc faces higher gratuity provisioning (Mar 9)
Over 50 per cent of Indian companies will have to make higher provisions in their balance sheets as gratuity expenses. This follows last weeks Union Cabinet decision to raise the tax-free ceiling of gratuity payable to private sector employees from Rs 3.5 lakh to Rs 10 lakh.


RBI to amend rules to control NBFCs turning LLPs (Mar 9)
The Reserve Bank of India (RBI) plans to amend its rules to pre-empt non banking finance companies (NBFCs) from misusing the liberal rules governing limited liability partnership (LLP) firms.


States in one-upmanship on crop loan rates (Mar 9)
In their efforts to show that their hearts bleed the most for farmers, several state governments are turning competitive in providing crop loans at concessional or even zero rates of interest.


Now, nuclear liabilities bill under a cloud (Mar 9)
BJP says no quid pro quo as SP, RJD withdraw support over womens Bill.


Daimler to sell 5.34% stake in Tata Motors (Mar 8)
German car major Daimler AG is exiting Tata Motors, Indias largest commercial vehicles maker. Daimler, which held 5.34 per cent stake in the company, plans to raise around Rs 1,950 crore from the share sale.


Government tense on Budget after Women's bill fracas (Mar 8)
PM to meet SP, RJD and JD(U) as Congress managers fear for passage of Finance Bill.


Essar group working on $8-billion listing on LSE (Mar 7)
The Essar group is exploring the option of an $8-billion listing on the London Stock Exchange, potentially making it the first Indian company to enter LSE since Vedanta Resources seven years ago.


LIC may seek bank licence (Mar 7)
State-owned Life Insurance Corporation of India (LIC) is likely to seek a licence to float a bank when the Reserve Bank of India (RBI) allows more players.


IPL googly: Rebid on March 21, financial clauses diluted (Mar 7)
Faced with a poor response from prospective bidders the governing council of the Indian Premier League (IPL) Twenty20 cricket tournament announced rebids for the two new franchises and significantly eased three critical financial conditions for prospective bidders.


Dept of pharma wants review of FDI rules (Mar 7)
The department of pharmaceuticals (DoP) under the ministry of chemicals and fertilisers has proposed that the government set up an expert group to assess the impact of foreign direct investment (FDI) in this sector. The move follows complaints from Indian companies that they were being forced to sell out to foreign companies for lack of long-term funding for R&D and market development.