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IL&FS appoints CNK Associates for audit work after SRBC resignation

New Delhi, Oct 11 | The board of beleaguered infrastructure financier IL&FS has approved the appointment of CNK & Associates LLP as the statutory...

IRDAI in need of fresh blood transfusion, restructuring, say experts

By Venkatachari JagannathanChennai, Oct 11 | Infusing fresh blood into the Insurance Regulatory and Development Authority of India (IRDAI) by offering voluntary retirement scheme...

Healthy Q2 results’ expectation lift equities; Nifty50 breaches 18K-mark (Ld)

Mumbai, Oct 11 | India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- made gains during Monday's mid-afternoon trade session.In the...

REC opens global export opportunity for RIL’s solar business

New Delhi, Oct 11 | REC is the only company globally to commercialise tech that consumes 75 per cent less power than the Chinese...

India on path of swift recovery: FinMin report

New Delhi, Oct 11 | As the post-pandemic economic activity in the country picks up pace, the Finance Ministry has said that India is...

Equity market trade in the green; Sensex up over 60k pts

Mumbai, Oct 11 | India's key equity indices - S&P BSE Sensex and NSE Nifty50 - made gains during Monday's morning trade session.Accordingly, the...

Reduction in cost to push e-2W’s market penetration

New Delhi, Oct 9 | Reducing cost of electric vehicles (EV) as well as increase in subsidies along with the newer model are expected...

Air India back with the Tatas after seven decades

New Delhi, Oct 8 | Life has come a full circle for the Tatas with the government declaring the corporate conglomerate the winning bidder...

Tata Sons emerge as the highest bidder for Air India

New Delhi, Oct 8 | The Centre on Friday declared Tata Sons' subsidiary Talace as the highest bidder for national carrier Air India under...

‘Steps taken for reduction in paddy straw generation yielding positive results’

New Delhi, Oct 8 | Steps taken towards reduction in paddy straw generation are yielding positive results with the total paddy area and straw...

Positive Tailwinds: Covid retreat, vax drive provide upward thrust to air...

By Rohit VaidNew Delhi, Oct 8 | Lower Covid transmission rates, along with the accelerated vaccination drive and the easing of restrictions, have lifted...

Policy Push: RBI’s MPC retains rates, accommodative stance (Lead)

Mumbai, Oct 8 | The Reserve Bank of India (RBI) retained its key short-term lending rates during its October monetary policy review of FY22.The...

Growth Stimulating: RBI’s MPC retains rates, accommodative stance

Mumbai, Oct 8 | The Reserve Bank of India (RBI) retained its key short-term lending rates during the October monetary policy review of FY22.Besides,...

Policy Push: Expected lending rates status-quo lift equity indices; Sensex reclaims...

Mumbai, Oct 8 | India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- made gains during Friday's early morning trade session.Accordingly,...

Ireland decides to join OECD int’l tax agreement

Dublin, Oct 8 | The Irish government has agreed to join an international agreement to reform the global tax rules to address the challenges...

India’s economy to grow by 8.3%, making it 2nd fastest growing-major...

By Arul LouisUnited Nations, Oct 8 | India's economy is expected to grow by 8.3 per cent this fiscal year, according to the World...

New RBI rule on recurring payment not to impact transactions with...

New Delhi, Oct 7 | People looking forward to watching their favourite shows on OTT platforms such as Netflix, Amazon and others would not...

India’s Sept vehicle retail sales fell YoY, sequentially: FADA (Ld)

New Delhi, Oct 7 | Lower production due to semiconductor supply shortage and a longer waiting period dented India's overall vehicle retail sales on...

India becomes talent factory for P&G worldwide; Sundar Raman joins global...

Mumbai, Oct 7 | Procter & Gamble has announced the appointment of Sundar Raman as the global CEO of the company's fabric and home...

NTPC partners with Electricite de France S.A. for cooperation in power...

New Delhi, Oct 7 | In a significant development for the global power sector, Electricite de France S.A. (EDF), one of the world's leading...

India’s September vehicle retail sales fall YoY, sequentially: FADA

New Delhi, Oct 7 | Lower production due to semiconductor supply shortages and a longer waiting period dented India's overall vehicle retail sales on...

Lower oil prices, global cues lift equity indices; Sensex up over...

Mumbai, Oct 7 | India's key equity indices -- S&P BSE Sensex and NSE Nifty50 -- made healthy gains during Thursday's morning trade session.Sector...

Mukesh Ambani with a net worth of $ 92.7 billion tops...

New Delhi, Oct 7 | A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of India's 100 Richest...

Reliance Retail to launch 7-Eleven convenience stores in India

Mumbai, Oct 7 | Reliance Retail Ventures Limited (RRVL), through its wholly owned subsidiary, 7-India Convenience Retail Limited, has entered into a master franchise...

Lower oil prices lift equity indices, Sensex up over 550 points

Mumbai, Oct 7 | India's key equity indices - S&P BSE Sensex and NSE Nifty50 - made healthy gains during Thursday's early morning trade...

Nearly 30K farmers benefitted from paddy procurement under KMS

New Delhi, Oct 6 | Nearly 30,000 farmers benefited from paddy procurement under Kharif Marketing Season (KMS) 2021-22 so far.A quantity of 2,87,552 MT...

Invesco move invalid; won’t let illegal takeover happen: Subhash Chandra

New Delhi, Oct 6 | Essel group patriarch Subhash Chandra on Wednesday came in defence of the existing management of Zee Entertainment Enterprises Limited...

Centre notifies 100% FDI in telecom sector via automatic route

New Delhi, Oct 6 | The Centre on Wednesday notified 100 per cent inflow of foreign direct investment into the telecom industry via the...

Weak global cues, high crude prices dent equities; metal stocks fall...

Mumbai, Oct 6 | Weak global cues along with profit bookings and high crude oil prices dented India's key equity indices -- S&P BSE...

Smartphone makers report robust festive sales despite chip shortage

New Delhi, Oct 6 | Despite acute chip shortage, smartphone brands have managed to sell record handsets during the India festive week, making mobiles...

Xiaomi India sells 20 lakh smartphones in 1st wave of festive...

New Delhi, Oct 6 | Xiaomi India on Wednesday announced that it has sold over 20 lakh smartphones in 5 days of the festive...

Karnataka’s notification banning online gaming leaves the gaming industry disappointed and...

New Delhi, Oct 6 | The Karnataka government's notification banning all skill games that involve entry fees, has left the industry confused and disappointed...

Crypto platform CoinSwitch Kuber raises $260 mn, to scale India biz

New Delhi, Oct 6 | Leading crypto platform CoinSwitch Kuber on Wednesday said it has raised over $260 million in its Series C funding...

Govt looks at having lender nominees on boards of stressed state...

New Delhi, Oct 6 | In order to facilitate turnaround of the operations of loss-making discoms and ensure financial discipline, the government wants power...

Petrol and diesel prices rise sharply as global oil climb continues

New Delhi, Oct 6 | Prices of auto fuels petrol and diesel rose sharply on Wednesday as global oil prices remained firm with benchmark...

Rebound Galore: Moody’s changes India’s rating outlook to stable

New Delhi, Oct 5 | Global ratings agency Moody's Investors Service on Tuesday changed India's ratings outlook to stable from negative.Accordingly, Moody's affirmed the...

Govt resumes E-way bill blocking facility for non-compliant taxpayers

New Delhi, Oct 5 | The government has resumed the blocking of E-way bill (EWB) generation facility for all the taxpayers who fail to...

How Facebook outage wreaked havoc on the global ad empire

By Nishant AroraNew Delhi, Oct 5 | Facebook reported a 47 per cent (year-over-year) increase in ad revenue amounting to $28 billion in the...

Cases pertaining to ‘Pandora Papers’ to be investigated: Govt

New Delhi, Oct 4 | The Government has decided to investigate 'pandora papers' leak that presented confidential records of 14 offshore service providers giving...

ED arrests Unitech founder Ramesh Chandra, daughter-in-law for financial frauds

New Delhi, Oct 4 | The Enforcement Directorate (ED) on Monday arrested Unitech founder Ramesh Chandra, his daughter-in-law Preeti Chandra and real estate promoter...

Myntra registers biggest-ever opening day for its Big Fashion Festival

Bengaluru, Oct 4 | The biggest-ever edition of Myntras Big Fashion Festival (BFF) has got off to an incredible start, with the ongoing event...

No vaccine for climate change: Gautam Adani

New Delhi, Oct 4 | The way we have led our lives and done business over the past 50 years cannot continue. At least,...

Expectations of healthy quarterly results push-up indices; realty stocks rise (Roundup)

Mumbai, Oct 4 | Expectation of healthy quarterly results along with a likely pause in RBI's monetary policy and bottom fishing triggered a rebound...

Banks Board Bureau cannot select Directors for PSU insurers: Delhi HC

New Delhi/Chennai, Oct 4 | The Delhi High Court on Monday held that the Banks Board Bureau (BBB) cannot select the General Manager and...

Kisan Rail transports 361 tonnes of Telangana onions to Bengal

Hyderabad, Oct 4 | The inaugural Kisan Rail service for onions from Moula Ali in Telangana, is setting off with 361 tonnes of onions...

Vestige becomes industry pioneer to support project on formal direct selling...

New Delhi, Oct 4 | Vestige Marketing Ltd, India's leading home-grown direct selling company, announced its collaboration with Shoolini University, a top-ranked university based...

Adani Green Energy closes India’s largest renewables M&A deal

Ahmedabad, Oct 4 | Adani Green Energy Ltd (AGEL) has completed the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash...

SpiceJet restores employees’ salaries to pre-Covid levels

New Delhi, Oct 4 | Private airline SpiceJet has restored employees' salaries to pre-Covid levels on the back of waning Covid 2.0 impact.The airline...

Business

Six applicants not found suitable for setting up banks in India

New Delhi, May 17 | The Reserve Bank of India (RBI) has rejected the applications of UAE Exchange and Financial Services Limited, The...