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Gold worth Rs. 2700 crore bought in 22 days

Window display of jewelry shop

Hyderabad: 8000 kg of gold biscuits worth Rs. 2700 crore were purchased against the demonetized currency after demonetization of currency in Hyderabad City alone. Almost 1500 kg gold was carried to Hyderabad in the current month. Purchase of gold with demonetized currency was at its peak during the past 22 …

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TCS shareholders’ vote today for Cyrus Mistry

TCS shareholders’ vote today for Cyrus Mistry

Mumbai: TCS will on Tuesday hold an EGM looking for shareholders’ vote to oust Cyrus Mistry as a director of the company. The change comes a month after Mistry was replaced by Ishaat Hussain as chairman of the software services firm. December 12, Cyrus was removed as director and chairman …

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Cyrus Mistry removed Tata Industries

Cyrus Mistry removed Tata Industries

LIVE BHARATH : A Tata Sons spokesperson said on Monday,Cyrus Mistry that it has been removed as the director of Tata Industries, a move that will further escalate a boardroom battle that erupted after Mistry’s sacking as head of the $103-billion business empire. Tata Sons said in October that it …

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Petrol, diesel prices to go up in Andhra Pradesh

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  Hyderabad: Chandrababu Naidu government has decided to increase petrol prices by Rs. 1 per litre.The decision is likely to fetch Rs. 600 Cr annual income. Andhra Pradesh Govt plans to provide 900 Cr to Road Development Corporation to improve road network. The AP government will transfer this fund to …

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Withdrawal limit increase to Rs 50,000 per week for’current accounts’: Installation of new micro cash machines

Withdrawal limit increase to Rs 50,000 per week for'current accounts'Installation of new micro cash machines

LIVE BHARATH : NEW DELHI: Central Government announced raise the cash withdrawal limit of at least three-month old current accounts to Rs 50,000 per week. It also said recalibrated cash machines would start dispensing new 2,000 rupee notes within 2-days. Further, the government will be installing new micro cash machines …

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Banks and Jewelry shops raided by IT Officials

Banks and Jewelry shops raided by IT Officials

Hyderabad: Income Tax Officials had in full swing raiding banks and Jewelry shops in Delhi, Kolkata, Mumbai ,Bangalore Hyderabad and Chennai. They are also watchful on the poor persons standing in queues for exchanging old notes. There are incidents of depositing huge amounts of old currency in rural banks. Crores …

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