Business

He said that while the coronavirus pandemic had led to global energy demand falling by a third, India was set to double its energy consumption over the long term.

The longer the CERC remains in a state of paralysis, with just its chairperson RK Pujari to hold the fort, the longer it will take for decisions in high-stake tariff matters to come out, according

Amazon had objected to the Future-Reliance deal, and subsequently instituted arbitration against Future Coupons, Future Retail and Future Group.

Alibaba Group Holding Ltd., which was co-founded by Ma and currently owns about a third of Ant, has agreed to subscribe for 730 million of the Shanghai shares, which will be listed in Shanghai under

If Future-RIL decide to go ahead with the deal within the next 90 days, Amazon will challenge and seek enforcement of the arbitration order,” sources said.

In an interview with The Indian Express, Bharat Biotech executive director Sai Prasad details the company’s discussions with the government to bring out the vaccine here, as well as its discussions with other countries to

“While we are still in the process of studying the order, basis our initial review, we believe it may be necessary to appeal aspects of the order in the Supreme Court,” Franklin Templeton AMC said

DHFL is considering various options, including inviting fresh bids, takeover of DHFL assets by lenders themselves or continue operating under the administrator appointed by the RBI.

Banks have sanctioned 62.52 per cent of the targeted Rs 3 lakh crore under the ECLGS for stressed MSMEs, while disbursements were at 45.38 per cent of the total amount as of October 5, up

A deal would cement Kotak Mahindra’s position as one of India’s leading private banks, boosting its assets by about 83%.

Passing an interim award in favour of Amazon, V K Rajah - the sole arbitrator in the Amazon vs Future vs Reliance arbitration matter - has asked the Future group to put the deal on

Currently, airlines in India are allowed to operate a maximum 60 per cent of pre-COVID weekly domestic flights.

The coronavirus outbreak has “created a problem” on the loan book, even as progress has been made on fixing key drawbacks such as weak governance, fund-raising challenges and declining deposits.

On September 9, IndiGo’s Chandigarh-Mumbai flight, with actor Kangana Ranaut as a passenger, witnessed violation of social distancing and safety protocols by television journalists, according to a report filed by the airline with aviation safety

Gold reserves were up by $86 million in the reporting week to $36.685 billion.

The court has stayed the operation of this order for six weeks and has also clarified that no redemptions, borrowings or creating liability in the said six schemes can be initiated by the fund house.

The government had last month extended the last date for filing GST annual return and audit report for the 2018-19 fiscal by a month till October 31.

Income Tax Return (ITR) Filing Last Date: For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021.

The Department of Financial Services came out with operational guidelines in the backdrop of Supreme Court's direction to implement the interest waiver scheme, which is likely to cost the exchequer Rs 6,500 crore.

Domestic refiners cited high inventory levels and low demand for petroleum products due to Covid-19 as the key reason behind low processing levels.

The deal is part of a trend where online retailers are entering into financial and strategic partnerships with offline retailers to expand their presence.

Retired Supreme Court judge Justice S J Mukhopadhaya has been appointed to a 17-member global advisory board of the Gupta Family Group (GFG) alliance.

Twenty one states and two union territories have opted for this special window involving back-to-back borrowing coordinated by the Ministry of Finance.

According to RBI Deputy Governor Michael Patra, if the projections hold, the level of GDP would have fallen approximately 6 per cent below its pre-Covid level by the end of 2020-21 and it may take

The conflicting messages have experts in the field accusing Tesla of deceptive, irresponsible marketing that could make the roads more dangerous as the system is rolled out to as many as 1 million electric vehicle