Sources said the searches were conducted in five locations after the agency allegedly found transfers of about Rs 250 crore from HDIL to a clutch of companies associated with Viva Group.
Total income during the quarter under review was Rs 11,421.34 crore, up from Rs 6,505.62 crore in the same period a year ago, Indian Bank said in a regulatory filing.
Last month, the Reserve Bank of India (RBI) temporarily barred HDFC Bank from launching new digital banking initiatives and issuing new credit cards after taking a serious view of service outages at the lender over the last two years.
Diesel rate climbed to Rs 75.63 a litre in the national capital - its highest ever. In Mumbai, diesel price too increased to an all-time high of Rs 82.40, the price data showed.
The Sensex has now nearly doubled from its 52-week low of 25,638.9 hit on March 24, 2020.
The company's revenue from operations rose to Rs 1,851 crore for the quarter under consideration, up 7.81 per cent, as against Rs 1,716.8 crore during the same period a year ago, Biocon said in a late night regulatory filing on Thursday.
Jack Ma’s fintech giant may be worth less than 700 billion yuan ($108 billion) under the draft proposals, which could reduce the value of Ant’s Alipay service by half, according to senior analyst Francis Chan.
In line with the government’s plans on increasing spending on healthcare to 2.5 per cent of GDP by 2025 (as per the target in the National Health Policy, 2017), the healthcare sector is expecting more specific allotments in this year’s Budget to mitigate the Covid-19 impact and to help in the preparation and distribution of Coronavirus vaccines.
Bajaj Auto, Asian Paints, Mahindra and Mahindra, Maruti Suzuki and Reliance Industries were top gainers.
MSCI's broadest gauge of Asia Pacific stocks outside of Japan was off 0.2% at 722.49 points, a whisker away from its all-time high of 727.31 touched on Thursday.
India produced about 729 million tonnes of coal and imported about 248 million tonnes in the previous fiscal. Coal India accounts for over 80 per cent of domestic production.
The trials are expected to take place at five sites across four cities — Surat, Nashik, Jaipur and Ahmedabad, according to information from the Clinical Trials Registry of India.
Responding to The Indian Express report titled “Finance Ministry and Niti Aayog had raised red flags before Adani’s clean sweep of six airports”, published on January 15, the Ministry said that the assertion made in the article was “factually incorrect”.
Companies involved in the scheme are advised that any future disputes, complaints, regulatory actions or proceedings, or orders issued therein involving the draft scheme, if any, shall be brought to the notice of shareholders prior to the approval by the National Company Law Tribunal (NCLT).
There is a broader sense that with the global liquidity continuing and an additional US stimulus on its way, the markets are likely to continue with their upward movement for now.
The report is based on data from the global companies using the Udemy for Business platform and a survey of more than 500 learning and development professionals.
"What will 2021 look like? The shape of the recovery will be V-shaped after all and the 'V' stands for vaccine," said an article on the 'state of economy' in the RBI's January Bulletin.
Reliance share price: The RIL stock climbed as much as 3.07 per cent to Rs 2118.00 apiece on the BSE, while the National Stock Exchange (NSE), the scrip rose 3.08 per cent to Rs 2,118.00 per share. Future Retail shares too were locked in the 5 per cent upper circuit on both the exchanges.
Budget 2021: The government has taken steps to improve the availability of long-term financing, however, there is still a lot left to be done. There is a need to come out with new mechanisms and improve on current provisions to encourage long term financing.
MSCI's broadest index of Asia-Pacific shares outside Japan touched record highs and was last up 0.85%, with markets across the region posting gains.
Share Market Today: Earlier in the day, the Sensex surged 391.89 points (0.79 per cent) to hit a record high of 50,184.01, however, a selloff in the late afternoon session led the BSE benchmark to give up the 50,000-mark and slip marginally.
Launched in June to help vendors amid the pandemic, the PM SVANidhi scheme is a micro-credit facility that provides street vendors a collateral-free loan of Rs 10,000 at concessional rates of an estimated 7.25%.
As part of the deal, the Future group was to sell its retail, wholesale, logistics and warehouse businesses to Reliance Retail.
Under the partnership, Ola said it will have access to Siemens’ integrated Digital Twin design and manufacturing solutions to digitalise and validate product and production ahead of actual operations.
According to Ministry of Road Transport, Road Accidents Report issued in 2018, India witnessed 4.67 lakh road accidents that killed 1.51 lakh citizens.