Business News
Sitharaman: Cabinet nod to strategic disinvestment of BPCL, 4 other PSUs
Nirmala Sitharaman announced that Cabinet had approved strategic disinvestment in five PSUs— Bharat Petroleum Corporation Limited, Shipping Corp of India, Container Corporation of India (Concor), THDCIL and NEEPCO— while retaining management control.
Top Stories
Latest News
BMW upgrades entire petrol model range in India to conform to BS VI emission norms
The petrol portfolio is already BS VI compliant while, the diesel portfolio will be converted ahead of stipulated timelines, BMW India said in a statement.
SEBI approves stricter disclosure norms for companies defaulting on loans
SEBI also extended the requirement for Business Responsibility Report (BRR) to top 1,000 companies, up from 500 companies presently.
Reliance Industries shares touch fresh all-time high, market cap inches closer to Rs 10 lakh crore
Reliance Industries (RIL) hit a fresh all-time high of Rs 1,571.85 apiece in the intraday trade on the BSE on Wednesday. The market cap of the company inched near Rs 10 lakh crore mark.
Vodafone Idea rallies for fourth consecutive session; up over 17 per cent
Rising for the fourth consecutive session, Vodafone Idea shares advanced 17.44 per cent to close at Rs 7.07 on the BSE. During the day, it jumped 31.72 per cent to Rs 7.93. In four sessions, the stock price has more than doubled.
Government mulls incentives to 324 companies in bid to capitalize on trade war
The government proposes to provide the manufacturers land to set up a factory along with power, water and road access, according to draft of the document prepared by the Department for Promotion of Industry and Internal Trade and Invest India.
Starting flights to UAE’s Ras Al Khaimah, then we will establish airline there: SpiceJet
"These guys (foreign airlines) are coming and trying to set up an airline in our country. Why shouldn't we try it the other way around? We should give it a shot," Chairman and Managing Director Ajay Singh told reporters.
Markets, Rupee, Gold, Fuel Price Highlights: Sensex climbs 182 points, Nifty ends at 11,999
Share Market, Rupee, Gold, Petrol, Diesel Price/Rate Highlights: Everything that took place in the markets on Wednesday.
Blue Star launches room ACs with in-built air purifiers
Blue Star on Wednesday announced the launch of a room air conditioner (AC) with in-built air purifier.
Reliance Industries breaks into club of six oil elites
Reliance’s shares have increased at three times the pace of India’s benchmark index this year after its billionaire owner in August announced plans to cut the company’s net debt to zero in 18 months through measures including a stake sale in the oil-to-chemicals business to Saudi Aramco.
Alibaba guides pricing on Hong Kong listing around HK$176
With a Hong Kong listing in sight, Alibaba will challenge Tencent Holdings Ltd. for the title of the largest listed corporation in the city.
India heading for economic growth below 5%: Analysts
Growth of 4.2% would be the lowest since authorities adopted a new base year for gross domestic product data in 2012. The economy expanded 5% in the three months through June.
Air India Chandigarh-Delhi morning flights cancelled till January 2020
Air India airline announced Tuesday that it will be putting its only early morning flight between Chandigarh and Delhi on hold till January 15, 2020.
Advertising
BEST OF EXPRESS
Advertising