Anulekha Ray
Livemint
Mountain View, CA, United States
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Past articles by Anulekha:
Infosys: Employee attrition picked up in Q4 due to strong demand, says COO Rao
Infosys reported 15.2% voluntary attrition rate for the quarter ended 31 March.TCS reported an all-time low attrition rate of 7.2% during March quarter → Read More
TCS adds highest ever employees during any quarter in Q4; attrition rate all-time low
TCS reported a 14.9% year-on-year increase in net profit to ₹9,246 crore for the March quarter.At 7.2%, the IT services attrition (LTM) recorded at all-time low, it mentioned. → Read More
Retail inflation climbs to 5.52% in March, IIP contracts 3.6% in February
Consumer Food Price Index rose to 4.94% in March, according to the ministry data → Read More
RTGS money transfer facility won't be available for 14 hours on Sunday: RBI
'Member banks may inform their customers to plan their payment operations accordingly,' RBI said .The National Electronic Funds Transfer (NEFT) system will continue to be operational as usual during this period, RBI said → Read More
Now, you can add up to ₹2 lakh in Paytm, PhonePe and other wallets
Now, users of PPIs like wallet and prepaid cards issued by non-banks would be able to withdraw cash.Money transfer facilities such as NEFT and RTGS have also been extended to non-bank payment system operators → Read More
Payments bank deposit limit doubled by RBI
Payments bank aims to further financial inclusion, especially through savings accounts and payments services.The central bank introduced payments banks in the country to enhance financial inclusion → Read More
Petrol, diesel under GST: 'Not possible in next 8-10 yrs,' Sushil Modi explains
It is said that the tax collected on petrol, diesel goes into the pocket of the government. There is no separate pocket of the government, Sushil Modi said → Read More
New PF tax: Interest on PF will be tax-free for up to ₹5 lakh, if employers don't contribute
During Budget 2021, Sitharaman announced interest earned on the EPF contributions (only employee contribution) above ₹2.5 lakh a year will be taxable from 1 April → Read More
Common Eligibility Test for bank, railways & SSC: Online exams to be held in September
The central government earlier formed National Recruitment Agency to streamline the recruitment process in India.There will be a common entrance test for SSC, IBPS and RRB → Read More
Kalyan Jewellers IPO to open next week. Should you subscribe?
The company plans to raise ₹1,175 crore through the offer which comprises issuance of fresh equity aggregating up to ₹800 crore and an offer for sale (OFS) worth ₹375 crore → Read More
India's first gaming firm Nazara Technologies' IPO to open next week. Details here
Nazara's public issue will see sale of 52,94,392 equity shares by the promoters and existing shareholders.Founded by gamer Nitish Mittersain in 2000, Nazara is one of the largest interactive gaming and sports media companies in India → Read More
Tata Housing flash sale starts this week, buyers can save up to ₹21 lakh
Projects ranging from ₹20 lakh to ₹6 crore would be up for sale during the three-day period, the company said.The sale will start from 12 March and continue till 15 March → Read More
EPF interest rates for 2020-21: EPFO likely to announce rates on Thursday
There have been speculations that the retirement body may lower the interest rates on provident fund deposits for the fiscal 2020-21 in the wake of COVID-19 pandemic.Last year, in March, EPFO had reduced the interest rate on provident fund deposits to a seven-year low of 8.5% for 2019-20 → Read More
BPCL approves sale of its 61.65% stake in Numaligarh refinery for ₹9,875 crore
The oil marketing major earlier said that it would complete stake sale by by the end of March.The sale of NRL is considered to be the first step towards disinvestment of BPCL → Read More
SBI home loan interest rate at record low, no processing fee till March-end. Know details
SBI commands a market share of 34% in the home loan segment.Last week, SBI signed a Memorandum of Understanding (MoU) with Shapoorji Pallonji Real Estate → Read More
New insurance portal aims to benefit 5 crore SMEs. Know details
From buying insurance, renewing cover to filing claims — customers will be able to manage all insurance-related queries under this single portal → Read More
India's Q3 GDP growth reflects further strengthening of V-shaped recovery: Govt
The recovery is on the back of astute handling of the lockdown and a calibrated fiscal stimulus, the ministry added.The revival of investment demand triggered by capital spending by the Centre, the finance ministry said → Read More
Petrol, diesel price hike: RBI governor suggests reducing indirect taxes on fuel
Fuel prices in India have witnessed a steep climb since the past one week.Central and state taxes make up for 60% of the retail selling price of petrol and over 54% of diesel → Read More
SBI new YONO merchant app aims to benefit 2 crore users. Know how it will work
SBI plans to deploy low-cost acceptance infrastructure across India over the next two years targeting 2 crore potential merchants.To scale up infrastructure, SBI Payments has joined hands with Visa → Read More
New PF tax rule from April: How it will impact you
The salaried employees who use Voluntary Provident Fund to invest more than mandatory 12% of basic pay, will also be impacted by this new rule → Read More