Business
US Market Regulator SEC to Seek Sebi's Cooperation into Whistleblower Allegations Against Infosys
Infosys is listed in India as well as in the US, where a class action suit has also been filed against the Indian IT major to recover what has been termed by the litigants as losses suffered by investors there.
China Key Focus for IndiGo as Airline Goes on International Expansion Spree
IndiGo has launched services to four destinations in China and Vietnam in the last one month alone.
Indiabulls Housing Fin Shares Surge 6 Percent on Crisil Ratings
Indiabulls Housing Finance (IBHFL) stock gained 5.44 per cent to trade at Rs 182.30 on the BSE. On similar lines, the scrip was trading up 5.95 per cent at Rs 183.35 on the NSE.
India's Aim of Becoming $5 Trillion Economy Challenging But Realisable, Says Nirmala Sitharaman
Nirmala Sitharaman also emphasised that a USD 5 trillion economy will make India a global economic powerhouse moving it from the 7th to 3rd position in terms of current dollar exchange rate.
Centre Mulling to Raise Deposit Insurance Cover to Rs 3 Lakh in First Revision Since 1993
The decision will be taken only after all the stakeholder including banks, the DICGC and the Reserve Bank of India (RBI) have been consulted, and is only in its initial stages.
India's Services Exports up 10 Percent in Aug at $18.24 Billion, Imports Rise 16 Percent
The services exports or receipts were USD 16.53 billion in the same month of 2018. It was at USD 19.08 billion in July this year.
IMF Slashes India's Growth Rate From 7.3 to 6.1% in 2019, Still Retains Fastest-Growing Rank
The International Monetary Fund (IMF) in April said India will grow at 7.3 per cent in 2019.
Yes Bank Sells 6.56% Stake in Fortis Healthcare for Rs 645 Crore
According to the bulk deal data on the exchange, the lender sold 4,95,19,990 shares amounting to 6.559 percent stake of Fortis.
Saudi Arabia's Energy Giant Aramco to Announce IPO 'Very Soon', Says Chairman
The mammoth initial public offering (IPO) forms the cornerstone of a reform programme envisaged by the kingdom's de facto ruler Crown Prince Mohammed bin Salman to wean the Saudi economy off its reliance on oil.
ED Attaches Assets of Over Rs 4,000 Crore of Bhushan Steel in Connection with Alleged Bank Fraud
CBI said it has attached land, building, plant and machinery of the firm located in Odisha under the provision of the Prevention of Money Laundering Act (PMLA).
CBDT Data Reveals Number of Crorepati Taxpayers Rose 20% to 97,689 in One Year
The number such individuals having taxable income of over Rs 1 crore stood at 81,344 during assessment year 2017-18.
Former Fortis Promoters Malvinder, Shivinder Singh Remanded to 4-day Police Custody in Fraud Case
Meanwhile, the Delhi High Court also reserved order on whether to issue notice on Malvinder Singh's plea seeking quashing of an FIR against him that alleged misappropriation of the Religare Finvest Ltd (RFL) funds.
Rattled by High Tomato Prices, Centre Asks Mother Dairy to Sell Tomato Puree in Delhi Instead
Tomato prices have shot up to Rs 80 per kg in retail markets in Delhi and the national capital region (NCR) due to supply disruption owing to heavy rains in producing states like Maharasthra, Karnataka and Telangana.
Following RBI Cutting Repo Rate Last Month, Public Sector Banks Cut Lending Rates by upto 0.25 Percent
With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.
TCS Q2 Net Profit Up by 1.8% to Rs 8,042 Crore, Announces Special Dividend
Revenue of the Mumbai-based firm grew 5.8 per cent to Rs 38,977 crore in the July-September quarter compared with Rs 36,854 crore in the same quarter of the previous fiscal.
Govt Constitutes Panel to Suggest Measures to Augment GST Revenue
The terms of reference of the panel include making suggestions about systemic changes in goods and services tax (GST) including checks and balances to prevent misuse and measures to improve voluntary compliance.
