Business News
PTIMay 20, 2020
Named as 'Spirited New Verna', the new offering comes in BSVI-compliant three engine variants of 1.5 litre petrol and diesel, and petrol 1-litre turbo engine. It also has automatic transmission options.
ReutersMay 20, 2020
The 16 properties in several Indian cities including Bengaluru were among guarantees put up by Shetty and his wife against the 19.13 billion rupees ($253 million) loans, according to a May 16 court order seen
PTIMay 20, 2020
At the interbank foreign exchange, the rupee opened at 75.60, registering a rise of 6 paise over its previous close.
PTIMay 20, 2020
While almost all major economies are shrinking as a result of coronavirus, only three countries China, India, and Indonesia are projected to experience small, but positive rates of economic growth.
ReutersMay 20, 2020
Brent crude futures for July delivery were up 23 cents, or 0.7%, at $34.88 per barrel at 0347 GMT.
ReutersMay 20, 2020
MSCI's broadest index of Asia-Pacific shares outside Japan was flat. The risk-sensitive Australian dollar retreated from an overnight two-month high and safe-haven demand drove US Treasury yields back under 0.7%.
PTIMay 20, 2020
The 30-share index settled 622.44 points or 2.06 per cent higher at 30,818.61, while the NSE Nifty rose 187.45 points, or 2.11 cent, to end at 9,066.55.
Food-tech platform Zomato, which recently asked 13 per cent of its workforce to search for new jobs, has also decided to shut 125 of over 150 offices worldwide. Its rival Swiggy has decided to lay
Nirmala Sitharaman: ‘Too many unknowns, I have to be ready, I can’t finish my story with these announcements’ Subscriber Only
Finance Minister Nirmala Sitharaman says she is open to deficit monetisation, won't hazard a guess on where growth is headed.
ENS Economic BureauMay 20, 2020
Finance Ministry officials said GST waiver will have adverse implications on state finances and businesses will suffer.
ENS Economic BureauMay 20, 2020
In a statement, the ministry said, “Under the EPF Scheme, 1952, any member has the option to contribute at a rate higher than statutory rate (10 per cent) and employer can restrict his contributions 10
Khushboo NarayanMay 20, 2020
MCA to move SC for banning IFIN auditors Subscriber Only
Last month, the high court upheld the constitutional validity of Section 140(5) of Companies Act, 2013, which deals with removal and banning of auditors for five years, but said the provision does not apply to auditors
ENS Economic BureauMay 20, 2020
RIL shares, which closed at Rs 883.85 on March 23, has zoomed 59.32 per cent since then to Rs 1,408.15 by Tuesday in the midst of the coronavirus pandemic while the Sensex has risen only
ENS Economic BureauMay 20, 2020
Naushad Forbes, co-chairman of Forbes Marshal and former CII president, will join an E-xplained on Wednesday on understanding Corporate India’s challenges and strategies as they ramp up capacity and navigate the new normal.
IndiGo has also incorporated a plan for its pilots to report high-level wind and temperature data at different stages of a flight as desired by IMD across all flight operations.
PTIMay 19, 2020
Commercial flights have been suspended since March 25 when the country-wide lockdown began to curb the spread of coronavirus.
PTIMay 19, 2020
According to traders, hopes of a vaccine for COVID-19 enthused global investor sentiment.
ENS Economic BureauMay 19, 2020
Speaking at The Indian Express e-Adda event Monday, Nitin Gadkari said that while it will be difficult to get the migrant workers, who have left, to return to manufacturing hubs such as Gurugram and Pune
ENS Economic BureauMay 19, 2020
About 63 per cent of the pending dues for MSMEs are from the state governments and their undertakings. AIMO said the states have often cited lack of funds as the reason for not clearing the
ENS Economic BureauMay 19, 2020
For the fiscal ended March 31, 2020, the company posted a net loss of Rs 32,183.2 crore, compared to a profit of Rs 409.5 crore for financial year (FY) 2018-19.
Pranav MukulMay 19, 2020
As curbs ease, e-comm cos start taking orders for non-essentials Subscriber Only
E-commerce platforms see orders for mobiles, garments, pressure cookers, among others.
ENS Economic BureauMay 19, 2020
The rupee fell 33 paise to close at 75.91 against the US dollar, tracking weak domestic equities and foreign fund outflows. Rising crude oil prices and concerns about the effectiveness of the fiscal stimulus package
Keeping old shirt on: As buyers turn cautious & stick to past designs, sector sees dip in orders Subscriber Only
Exports in the textiles sector witnessed a steep drop in April. For instance, shipments from Tirupur plummeted nearly 90 per cent to around Rs 225 crore that month due to a combination of low demand
ENS Economic BureauMay 19, 2020
On MCX, the gold June futures traded at Rs 47,860 per 10 grams, up Rs 479 or 1.01 per cent, Silver July futures were at Rs 1,580 or 3.38 per cent higher at Rs 48,298
PTIMay 18, 2020
Society of Indian Automobile Manufacturers (SIAM) said it had several engagements with the government at various levels and was looking forward to some direct fiscal measures for the auto industry from the Centre in the
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