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Amit Shah to address first-ever National Cooperative Conference in Delhi. More than 2,000 people associated with cooperatives will be present at the Indira Gandhi Indoor Stadium, the BJP said in a statement. In total, more than 80 million are expected to virtually participate in the event. | 0 | |
Google sought to keep Incognito mode issues out of spotlight, lawsuit alleges. Google spokesman José Castañeda told Reuters that the filing "mischaracterizes emails referencing unrelated second and third-hand accounts." | 0 | |
Ford India head quits after company says to stop making cars in India. Ford India said in its statement it has put its director of manufacturing, Balasundaram Radhakrishnan, in charge of overseeing its restructuring in the country. | 0 | |
50,000 to 60,000 in 8 months: What's behind Sensex rally and is it sustainable?. An analysis of sectoral indices shows that the rally from 50,000 to 60,000 has largely been broad based. Eleven put of 19 sectoral indices have seen over 25 per cent growth over February 3 and September 24. | 0 | |
ED seizes Karvy stock broking group's shares worth ₹700 crore after raids . ED said raids were conducted on six locations, including the premises of jailed chairman C Parthasarathy. | 0 | |
Reliance Infrastructure to raise ₹7500 million through foreign currency bonds. The company will issue bonds within 30 days from the Issue closing date and the decision was taken by the board in a meeting on Saturday. | 0 | |
Dalal Street bulls lift Sensex to 60k. The BSE Sensex rose 163.11 points, or 0.27%, to 60,048.47. The National Stock Exchange’s Nifty gained 0.17% to close at 17,853.20. | 0 | |
China central bank declares all crypto transactions illegal. In response to the latest move, bitcoin, the world’s largest cryptocurrency, dropped over 6% to $42,2167, having earlier been down about 1%. | 0 | |
Sitharaman says nation needs more big banks the size of largest lender SBI. The rationale for merging banks even before the pandemic was to scale up to meet the new, changing and growing requirements of the economy, Sitharaman told an annual meeting of the Indian Banks' Association. | 0 | |
Centre extends container re-import timeline in relief for exporters. This step is expected to reduce the export of the empty containers from the country on ground of imposition of import duty, thus increasing the availability of containers for the trade. | 0 | |
'Entrepreneurship never makes sense logically': InMobi's Naveen Tewari on HTNxt. Naveen Tewari, the CEO of InMobi, took part in HT Nxt, a first-of-its-kind platform that is bringing together the Next-Gen leaders & newsmakers to discuss pertinent issues and offer innovative solutions for a better tomorrow. | 0 | |
RSS-linked weekly Panchajanya calls Amazon as 'East India Company 2.0'. In its latest edition, which will hit the stands on October 3, Panchjanya has carried a cover story that is highly critical of Amazon. | 0 | |
RBI issues master direction for securitisation of standard assets, loan transfer. The directions came after taking into account the public comments on draft rules which were issued on June 8 last year. The RBI said in a statement that it has been observing the complicated and opaque securitisation structures which coul... | 0 | |
Many districts lack banks despite high level of economic activities: Sitharaman. Addressing banking industry lobby grouping Indian Banks' Association (IBA), Sitharaman asked lenders to augment efforts of deepening presence. | 0 | |
‘It is really important to innovate far ahead of time’. The focus on innovation helped script the success story, entrepreneurs said at the inaugural edition of HT NxT that seeks to identify key emerging industry trends and address the challenges. | 0 | |
Markets touch record high, Sensex closes in on 60k. Despite the sharp rally in the past year, analysts said the markets may go even higher. | 0 | |
GST council meeting tomorrow; Kerala, Maharashtra to oppose petrol, diesel GST. Apart from taxing petrol and diesel under GST, a proposal to consider Zomato and Swiggy as restaurants and levy a 5% GST on their services would be taken up by the meeting. | 0 | |
Paras Defence IPO to open on Sep 21. 10 things to know. Paras Defence said that proceeds of the fresh issue would be used to fund capital expenditure requirements, support incremental working capital needs and repayment or prepayment of loans availed by the company. | 0 | |
‘Fuel, Swiggy, Covid-19’: Highlights from 1st physical GST Council meet in 2 yrs. Finance minister Nirmala Sitharaman said that it was decided that life-saving drugs such as Zolgensma, which is used in the treatment of Spinal-Muscular Atrophy, will be exempted from tax if imported for personal use. | 0 | |
Sensex drops 125 points to close day in red at 59,016; Nifty ends session at 17,. Kotak Bank was the top gainer in the Sensex pack, rising over 5 per cent, followed by Bharti Airtel, HDFC Bank, Maruti, Axis Bank and Nestle India. | 0 | |
Petrol, diesel not under GST. Sitharaman explains why it was discussed. 45th GST council meeting: States have unanimously rejected the proposal of bringing petrol and diesel under GST which will be conveyed to the Kerala high court, finance minister Nirmala Sitharaman said. | 0 | |
Indian spot gold rate and silver price on Friday, Sep 17, 2021. Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Sep 17, 2021 | 0 | |
Spike in leveraged buyouts amid low interest rates. This trend has resulted in a significant shift in the debt market. | 0 | |
Why World Bank junked its ease of doing business rankings. The rankings have acquired the status of a prestige tag for emerging economies and are a key influencer of wide-ranging policies. External probe points to scam to push China and Saudi Arabia up; implicates former top officials | 0 | |
‘Vaccine exports may resume by year end’: Poonawalla. The government banned Covid vaccine exports in April amid the country’s devastating second wave. Covishield is a version of the Covid vaccine co-developed by Oxford University and AstraZeneca Plc. | 0 | |
After govt relief, Vodafone set to focus on repayments, funds. The annual debt repayment of Vi is likely to be around ₹6,000 crore over the next two years | 0 | |
Amazon, Microsoft swoop in on $24 billion India farm-data trove. With the project, Modi is seeking to usher in long-due reforms to make over a $488 billion farm sector that employs almost half of the nation’s 1.3 billion people and accounts for about 18% of Asia’s third-biggest economy. | 0 | |
HDFC cuts home loan rates for festival season, joins SBI, PNB and Bank of Baroda. Several real estate developers and consultants said these concessional interest rates on home loans will lead to a strong consumer demand in India's residential property market. | 0 | |
Indian spot gold rate and silver price on Tuesday, Sep 21, 2021. Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Tuesday, Sep 21, 2021 | 0 | |
Evergrande: Everything about crisis that triggered 'Lehman moment' talk. Evergrande founder Xu Jiayin's gargantuan borrowings left the company in $300 billion debt, which is equivalent to two per cent of China's GDP, and it is having trouble paying that back. All eyes are now on the Chinese government. | 0 | |
Sold e-scooters worth ₹1,100 cr in 2 days: Ola. The company offered its first electric scooter range comprising the S1 and S1 Prog models to customers. | 0 | |
Zee Entertainment announces merger with Sony Pictures Networks India. After the merger, Sony will invest $1.57 billion and will be the majority shareholder with 52.93% controlling stake. The shareholders of Zee Entertainment Enterprises Limited, meanwhile, will hold 47.07 per cent stake. | 0 | |
McDonalds vows to reduce plastic in Happy Meal toys. US-based fast-food giant McDonald's announced plans on Tuesday to reduce plastic in its famous Happy Meal toys. | 0 | |
Sensex declines 78 points; Nifty ends below 17,550. The 30-share BSE index slipped 77.94 points or 0.13 per cent to close at 58,927.33. The NSE Nifty declined 15.35 points or 0.09 per cent to 17,546.65. HDFC was the top loser in the Sensex pack, shedding over 1 per cent, followed by Nestle India, ICICI Bank, Kotak Bank... | 0 | |
Aadhaar based e-KYC, OTP-based conversion in new telecom reforms. Check details. The reforms have been brought in to digitise KYC processes and make subscriber acquisition completely online. | 0 | |
Depositors of PMC, 20 other stressed banks to get up to ₹5L in 90 days. “Necessary instructions have been issued to these banks to submit the claims within 45 days after obtaining the willingness of depositors to claim deposit insurance,” DICGC chief general manager VG Venkata Chalapathy said in a statement | 0 | |
India may block China investor in LIC IPO, Can't be business as usual: Report. LIC IPO will be India's biggest ever initial public offering from which the government is aiming to raise up to ₹900 billion, but India is mulling how to prevent Chinese investors from taking part. | 0 | |
G-SAP 2.0: RBI to conduct purchase, sale of government securities today. The RBI said in an official statement that it will on Thursday purchase three government securities of different maturity dates amounting to ₹15,000 crore. The central bank added that it will also sell three government securities of the same amoun... | 0 | |
Sensex rallies over 450 points in early trade; Nifty tops 17,650. The 30-share Sensex was trading 487.42 points or 0.83 per cent higher at 59,414.75. Similarly, Nifty surged 142.50 points or 0.81 per cent to 17,689.15 in initial deals. | 0 | |
ZEEL stock continues to soar after merger with Sony Pictures Network India. ZEEL and Sony Pictures said on Wednesday that they received in-principle approval for a merger that will combine both companies' linear networks, digital assets, production operations and program libraries. Sony has proposed to invest $1.58 bil... | 0 | |
Oyo to file for up to USD 1 billion IPO next week: Report. Last week, shareholders of Oravel Stays, the parent company of hospitality firm Oyo, had approved the conversion of the company from a private limited company to a public limited company, according to a regulatory filing. | 0 | |
Over 500 India-based employees of this IT company are now 'crorepatis'. Here's how. Girish Mathrubootham's Freshworks made its debut on Nasdaq on Wednesday (local time), after a billion-dollar IPO. | 0 | |
From e-bikes to drones and flying cars, Ola CEO lists ambitious future mobility scheme. Ola, backed by Japan's Softbank Group, is building what it calls a "New Mobility" ecosystem which will include mobility services, new energy vehicles and digital forms of auto retail, the company's founder Bhavish Agarwal said. | 0 | |
Google abused Android dominance in India, says report. Alphabet Inc's Google reduced "the ability and incentive of device manufacturers to develop and sell devices operating on alternative versions of Android," says the June report by the Competition Commission of India's (CCI) investigations unit. | 0 | |
Govt to re-look into provisions of Coffee Act and simplify it: Piyush Goyal. “The present Coffee Act was enacted in 1942 and it has many provisions which have become redundant and are impediments to the coffee trade,” an official statement said. | 0 | |
Gold prices fall throughout week after starting on high note; domestic demand remains weak . Gold began the week on a high note after the price rose by ₹82 to ₹45,952 per 10 gram, in tune with price in international markets. | 0 | |
IDBI Bank strategic sale: Most merchant bankers indicate 52 weeks' time. During a presentation before the DIPAM held recently, most of the eligible transaction advisers gave a time-frame of 50-52 weeks to undertake several stages of the privatisation process of IDBI Bank | 0 | |
India to be 3rd largest importer by 2050: UK report. The world’s centre of economic gravity has been shifting eastward for decades due to the rapid growth in Indo Pacific, causing trade patterns to shift as it moves. | 0 | |
Petrol, diesel rates may increase as global oil prices record spike. Retail prices of petrol and diesel are likely to be affected with the surge in international oil prices which have increased by around $3 per barrel in the last 10 days. | 0 | |
Advent buys Eureka Forbes for ₹4,400 crore. Eureka Forbes Ltd, a unit of Forbes and Co. Ltd, will be separated from the parent and listed on BSE, both companies said in a joint statement on Sunday. | 0 | |
Dish TV to defer AGM to seek clearance for board changes. The registrar of companies under the Company Law Board is the authority empowered to give permission for the extension. | 0 | |
Revised fare caps may lower ticket prices, boost sales. Since the second Covid wave was contained, most people travelled within a fortnight of bookings due to varying Covid-related restrictions imposed by states, an airline official said, adding that travel beyond 15 days of the booking period has picked up since July. | 0 | |
Indian spot gold rate and silver price on Monday, Sep 20, 2021. Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Monday, Sep 20, 2021 | 0 | |
Apple iOS 15 to release today: Privacy upgrades and other key features. In iOS 15, Apple will replace the current subscription plans of iCloud. The iCloud+ feature will have some new options like Private Relay, Hide My Email and expanded HomeKit Secure Video support. | 0 | |
Gold prices fall to lowest in nearly 6 months, silver down too. Gold may remain volatile reflecting the trend in US dollar and equity markets as market players assess Fed’s monetary policy and China’s economic health, Kotak Securities said. | 0 | |
Use credit, debit cards for auto-debit? Changes coming into effect from Oct 1. The RBI deferred the implementation of this new rule twice, but from October 1 banks and service providers will have to recalibrate their systems. The RBI has said that non-compliance will be dealt with seriously. | 0 | |
How much salary hike to expect next year? Here's what Deloitte survey says. Earlier this month, Deloitte had said that India has emerged as an attractive investment destination for developed economies. Despite economic disruption due to the Covid-19 pandemic, inflow of foreign direct investment (FDI) in India amounted ... | 0 | |
Amazon says 'zero tolerance for corruption' amid graft probe against India officials. "We have zero tolerance for corruption. We take allegations of improper actions seriously, investigate them fully, and take appropriate action. We are not commenting on specific allegations or the status of any investigation at this t... | 0 | |
Sensex tanks 525 pts on global selloff; Nifty drops below 17,400. Tata Steel was the top loser in the Sensex pack, sinking nearly 10 per cent, followed by SBI, IndusInd Bank, HDFC, Dr Reddy’s and M&M. | 0 | |
World shares skid to one-month low as default fears stalk China's Evergrande. Holidays in Japan, China and South Korea meant trading was thin in Asia, while politics added extra uncertainty with elections in Canada and Germany bookending the week. | 0 | |
Carlyle to sell 3.4% stake in SBI Cards for $443 million. Carlyle will offer the shares at an indicative price band of ₹1,021 to ₹1,072.3 apiece. | 0 | |
China's Evergrande default risks spook global markets. Global stocks sank on Monday amid fears that a possible collapse of beleaguered Chinese real estate company Evergrande could lead to a wave of defaults in China's bloated property market. | 0 | |
Govt may investigate Amazon bribery charges, say officials. The officials were reacting to a report published on Monday by the website The Morning Context, which said the US-headquartered e-commerce firm had opened an investigation after a whistleblower said lawyers associated with the company bribed officials | 0 | |
Former bureaucrat takes over as FB’s public policy head. Aggarwal succeeds Ankhi Das, who resigned in October last year after allegations that she opposed enforcing hate-speech rules against leaders of the Bharatiya Janata Party. | 0 | |
Apple launches iPhone 13 series. Check price, features, and availability. Apple revealed the features of iPhone 13, iPhone 13 mini, iPhone 13 Pro and iPhone 13 Pro Max. | 0 | |
SBI online banking service to be impacted for 120 minutes on September 15. This is the third consecutive month - and twice this month - that maintenance activities will affect digital banking services. However, the exercise is undertaken late in the night to ensure least number of customers are impacted. | 0 | |
iPhone 13: Apple doubles down on 5G, upgrades iPad Mini. Apple said the iPhone 13 will have custom 5G antennas and radio components for faster speeds and will come in five colors. | 0 | |
Apple announces big upgrade in low-cost iPad; new iPad mini to cost $499. The announcement comes amid protests outside several global Apple stores against company's plan to scan iPhones for images of child sexual abuse. | 0 | |
Free trade pact: India-UK to sign early harvest deal by March 2022. A tentative timeline for FTA and other trade matters has been chalked out during discussions held between commerce minister Piyush Goyal and UK trade secretary Elizabeth Truss, said the commerce ministry | 0 | |
Zee shares surge on hopes of takeover, board overhaul. Media company’s shares soar 40% as investors make a beeline for the scrip | 0 | |
Microsoft unveils share buyback of up to $60 billion. The repurchase authorization has no expiration date, and may be terminated at any time. | 0 | |
WPI inflation sees marginal uptick due to rise in prices. Data released by the industry department on Tuesday showed food inflation contracted 1.29% in August while fuel inflation and manufactured products inflation rose to 26.09% and 11.39% respectively during the same month. | 0 | |
'Zero click' hack: All you need to know about Pegasus flaw in iPhones. Apple released a fix for Pegasus related vulnerability on Monday and urged all its users to install it on their devices. Security analysts say a fix of this speed is a rarity, even for a big company. | 0 | |
iPhone prices: 10 models below ₹1 lakh, 4 of them under ₹60,000. The company has been launching multiple models of the iPhone to give users more options to choose from. Though the iPhone is Apple's most important product, has rolled out a web of service and other products that are seen as locking customers into a syste... | 0 | |
‘Happy to see economic recovery’: FM Nirmala Sitharaman. Finance Minister Nirmala Sitharaman said the resolution formula is the one that will be given priority. Not liquidation. When you look at resolution – there is an implicit message being given that these are workable assets, and that with some doing they will be v... | 0 | |
Apple’s new iPhones may be the weakest upgrade ever. After last year’s big 5G upgrade, the incremental nature of this year’s improvements may be a letdown to some and offer little incentive to upgrade. | 0 | |
'Dum Maaro Dum'-inspired iPhone launch video creates social media frenzy. The iPhone 13 launch video from Apple uses a 'Dum Maaro Dum'-inspired tune to describe the features of its newest phone. | 0 | |
‘Stay alert’: RBI cautions people to be careful in sharing info for KYC updation. On Monday, the RBI issued a release in which the bank said that it has been receiving complaints about customers falling prey to frauds being perpetrated in the name of KYC updation. | 0 | |
GST Council meeting: Petrol may cost ₹75, diesel ₹68 a litre, claims report. At present, petrol is sold at ₹101.19 per litre and diesel at ₹88.62 in Delhi. In the national capital, central levies account for over 32% of petrol’s price, and state taxes (value-added tax or VAT) 23.07%. | 0 | |
Indian spot gold rate and silver price on Wednesday, Sep 15, 2021. Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Wednesday, Sep 15, 2021 | 0 | |
Tata Sons, SpiceJet promoter bid for Air India. The new owner of Air India will have to absorb ₹23,286.5 crore while the rest would be transferred to Air India Assets Holding Ltd, a special purpose vehicle. | 0 | |
Biden admin pressing India to resume export of Covid vaccines: Report. The PLI scheme for the auto industry will lead to investment of over ₹42,500 crore | 0 | |
Ola selling 4 electric scooters per second, says company co-founder after sale commences. Customers need to pay an advance of ₹20,000 for purchasing Ola S1/Ola S1 Pro and the rest of the amount before the shipment. | 0 | |
MG Astor could soon bring in dashboard payments feature. The Chinese-owned British carmaker announced that the Astor will be displayed in the company’s showrooms from September 19, and bookings will begin shortly. | 0 | |
Debt servicing making life tough for smallcap, midcap companies. A Mint analysis of June quarter earnings of medium and smaller companies showed that the interest coverage ratio (ICR), a measure of how easily a company can pay interest on its debt, has declined compared to the preceding March quarter. A lower ratio ind... | 0 | |
Zomato pulls its grocery delivery biz off the menu. In a letter to its grocery partners on Friday, Zomato said, “Over the last 2 months of operations, we have had a few important realizations... Store catalogues are very dynamic and inventory levels change frequently. This has led to gaps in order fulfilment, leading t... | 0 | |
India expected to grow at 7.2% in 2021: UN report. After a 3.5 per cent fall in 2020, the United Nations Conference on Trade and Development (UNCTAD) expects world output to grow 5.3 per cent this year, partially recovering the ground lost in 2020. | 0 | |
Life insurance industry enters consolidation era. Promoters of private insurers are finding it increasingly tough to generate adequate income from their core businesses following the coronavirus outbreak last year. As such, their life insurance arms are not able to generate enough capital infusion, which is crucial to ... | 0 | |
Govt may waive GST in border mkt. At present, there are four operational ‘haats’ along the India-Bangladesh border. Two of them are located in Meghalaya and two are located in Tripura. | 0 | |
Sansera Engineering IPO to open tomorrow. Check price band, other details. Sansera Engineering has reserved half of the issue size for qualified institutional buyers (QIBs), 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors. | 0 | |
Indian spot gold rate and silver price on Monday, Sep 13, 2021. Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Monday, Sep 13, 2021 | 0 | |
Gradual Aadhaar authentication for 8 million existing GST firms on the cards. As enforcement of Aadhaar authentication for 8 million existing GST-registered entities in one go is difficult, and the move would lead to sudden compliance burden for businesses, it has been proposed that the verification process be gradual,... | 0 | |
Jet Airways 2.0 expected to fly domestic from first quarter of 2022. The airline, first in the history of aviation to be revived after being grounded for over two years, has hired over 150 employees and another 1,000 are expected to be on its payroll soon. Jet Airways 2.0 will have its headquarters in Delhi and not Mum... | 0 | |
Sensex slips 127 points to close day at 58,178; Nifty ends session at 17,355. The 30-share BSE index ended 127.31 points or 0.22 per cent lower at 58,177.76, while the broader NSE Nifty slipped 13.95 points or 0.08 per cent to 17,355.30. | 0 | |
Ola electric scooter factory to hire 10,000 women. Chief executive Bhavish Aggarwal said the company is upskilling its workforce since its factory is far more advanced than what most of the automotive workforce is used to right now. | 0 | |
Spending too much on salon? Here is how your savings can come in handy!. Expenses incurred by women on looking presentable are not minor ones and yet they are never discussed. This is a unique financial issue – you obviously cannot channel funds in fixed deposits or random long-term investment assets for this purpose. ... | 0 | |
Sansera Engineering IPO to open today: Check all details here. The Sansera Engineering IPO is entirely an offer for sale (OFS) of 17,244,328 equity shares by promoters and investors. | 0 | |
Retail inflation eases to four-month low in Aug. Experts believe that the economy’s inflation potential is still elevated | 0 | |
SC urges company tribunals to quickly clear IBC cases. Company law tribunals must therefore remain mindful that inordinate delays cause commercial uncertainty, degradation in the value of the corporate debtor and makes the insolvency process inefficient and expensive. | 0 | |
GST Council to weigh bringing fuel under indirect tax regime. While petroleum products are constitutionally included under the ambit of the new indirect tax regime, the GST Council is yet to take a call on the date on which GST shall be levied on them. | 0 |
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