Godrej holding company hikes stake in Godrej Properties, Agrovet

With the stake buy in Godrej Properties, Godrej Industries' stake in the company will rise to 47.29 per cent.

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A 2019 investigation of Bombay Dyeing may delay Go Air IPO by a month

Airline says it is adequately funded till end of the year, listing will 'not be derailed'.

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Demand recovery key to Apollo Tyres' aggressive $5 billion revenue target

Street will watch out for capital allocation, deleveraging progress

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Sebi starts cross margin facility on commodity futures to boost liquidity

The move is part of Sebi's effort to improve the efficiency of the use of the margin capital by market participants, the regulator said in a circular

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The crumbling city

Book review of A Shadow of the Past: A Short Biography of Lucknow

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Does India need more coal power?

Can we really give up on fresh coal-based plants? And still meet the goal of 24x7 electricity for all? A number of connected issues have to be examined before coming to a conclusion

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NITI moots 100% I-T exemption for donations to not-for-profit hospitals

Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals. This could be a catalyst in channelizing the much-needed funds to deserving hospitals." it said. According to the report, the government can consider the provision of working capital loans with lower interest rates, which would be more financially viable for not-for-profit hospitals and would assist in adequate cash flows durin

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NITI Aayog recommends privatising United India Insurance Company

Core group to soon consider the proposal to privatise the insurer

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