Bhargava said the idea behind Nano, as conceived by Tata, was to offer an affordable and safer mode of personal transportation to two-wheeler riders and their families, which needs to be lauded.
Silver cracked below the Rs 43,000-mark by falling Rs 300 to Rs 42,700 per kg due to reduced off-take by industrial units and coin makers.
The GSMA Board has 26 members, including 25 operator representatives from the world's largest operator groups as well as smaller, independent operators with global representation.
ONGC also said its board approved issue of bonus shares in the proportion of one new equity share for every two existing ones of Rs 5 each.
PNB Housing Finance has raised over Rs 894 crore by allotting shares to anchor investors.
Finance minister Philip Hammond will also pay close attention to Thursday's GDP figures.
Dearness allowance is provided to employees and pensioners to minimise the impact of price rise on their earnings.
Indian Gold Coin was launched by Prime Minister Narendra Modi on November 5, 2015. It is India's first ever sovereign gold offering and only gold coin hallmarked by Bureau of Indian Standards (BIS) for purity.
In March, the department had claimed in a petition to the Bombay High Court that Vijay Mallya's total disputed liability in respect of service tax was to the tune of Rs 535 crore.
The company had posted a net profit of Rs 1,497 crore during the July-September period of last fiscal, 2015-16.
The company's scrip fell by almost 20 per cent to touch its lower circuit breaker limit during the early morning trade session.
The tobacco industry, which is the world's third-biggest tobacco producer, wants the Narendra Modi government to soften its stance on what it says are tough FCTC measures.
China's blue-chip CSI300 index fell 0.4 per cent, to 3,340.66 points at the end of the morning session, while the Shanghai Composite Index lost 0.3 per cent, to 3,105.81 points.
Ather is a Bengaluru-based technology start-up engaged in the business of designing and manufacturing smart electric vehicles (EVs) and associated charging infrastructure,
The profit contrasted with a loss of 6 billion euros a year ago, when the bank had large one-time charges.
Traders said Brent was struggling on doubts that OPEC and non-OPEC producers like Russia will be able to effectively coordinate curbs in output to prop up prices.
Analysts attributed persistent rise in gold prices at futures trade to a firming trend overseas and ongoing festive and wedding season demand from jewellers in the domestic spot market.
Indian mining giant Adani today said it plans to start construction of a 21.7 billion dollar Carmichael coal mine project in Australia in 2017 after years of legal delays over environmental approvals. “The company is moving ahead, having already invested more than 3.3 billion dollar to date, and still proposes to start the construction stage […]
Tata Motors and Tata Power were down nearly three per cent each while Tata Steel was trading nearly 2 per cent down in early morning trade at BSE.
The 30-share index was trading lower by 103.69 points, or 0.37 per cent, to 27,732.82. The gauge had lost 342.57 points in the previous two sessions.
On Wednesday, the rupee had ended almost flat at 66.83, a marginal 1 paisa drop against the American currency, amid month-end dollar demand from importers.
Many of those analysts are forecasting growth as high as 0.4 per cent, slower than the 0.7 per cent expansion in April-June but better than the most recent forecast by the BoE.
According to the former Sebi chairman, Mistry has the option to either file a writ in a high court or approach the National Company Law Tribunal for redressal.
Ousted chief Cyrus Mistry attacks Ratan Tata, ‘legacy hotspots’; Singhvi rises to Tata defence.
India moved just one rank up from the 131st position in the ‘ease of doing business’ ranking for the year 2016.
The approval came through after stakeholder meetings that were held with the industry in July, August and September.
Experts feel that the boardroom battle between Ratan Tata and Cyrus Mistry and the corporate governance issues emanating from this dispute will hurt corporate India.
The 50-share NSE Nifty settled lower by 76.05 points, or 0.88 per cent, at 8,615.25. Intra-day, it shuttled between 8,596.60 and 8,657.30.
A four-slab structure of 6, 12, 18 and 26 per cent is under consideration for GST, with lower rates for essential commodities and higher bracket for luxury goods, Jaitley said.
In a strongly-worded e-mail to Tata Sons directors and Tata Trusts, Mistry listed various omissions and commissions by group firms — including Ratan Tata’s — that he inherited four years ago.
Textiles, handloom and powerloom industries with around 1.77 lakh taxpayers were among the highest number of taxpayers in the manufacturing segment in 2013-14.
In an explosive confidential email to Tata Sons board members, Mistry warned that the salt-to-software giant may face Rs 1.18 lakh crore in writedowns because of five unprofitable businesses he inherited.
"To 'replace' your Chairman without so much as a word of explanation and without affording him an opportunity of defending himself, in a summary manner must be unique in the annals of corporate history," he wrote.
To ensure speedier implementation of projects and schemes, the government on Wednesday decided to advance the presentation of Union budget by about a month.
Aixtron sells its equipment, which is used to deposit chemical layers on silicon wafers, mainly to light-emitting diode chipmakers.
The bank bought the Rs 1,300-crore portfolio from a triple A-rated NBFC, which will minimise the risk of defaults.