Business
Luxury Hotel Sends Its Restaurant Staff to Self-quarantine After Coronavirus Scare
The hotel said it has also enacted elevated precautionary operational protocols at the property as advised by the government.
Pfizer Shares Soar 16% as US Parent Finds Compound That May Treat Coronavirus
At 10:53 am, the stock was trading at Rs 4,463.65, up 5.1%. Pfizer shares have jumped over 34% in the last one year compared with a 1.3% rise in the benchmark Nifty 50 index.
Sensex Rallies over 500 Points; Nifty Tests 11,300 in Opening Session
The 30-share index was trading 533.37 points, or 1.40 per cent, higher at 38,677.39, and the NSE Nifty jumped 179.75 points, or 1.61 per cent, to 11,312.50.
ATF Price Cut by Steep 10 Percent, Non-subsidised Cooking Gas Costs Rs 53 Less
Simultaneously, the rates of non-subsidised cooking gas (LPG) were cut by Rs 53, wiping away a third of the record Rs 144.50 per cylinder price hike effected last month, according to a price notification issued by state-owned oil firms.
PM Modi Effects Country-wide Launch of 10,000 FPOs, Says They Will Turn Farmers Into Businessmen
Exuding confidence that the project will ensure a better future for farmers, he said farmers were only producer till now but through the FPOs, they will now be able to negotiate the price of their produce with traders and do business.
Govt's Total Receipts at Rs 12.82 Lakh Crore in April-January
Out of the total revenue expenditure, over Rs 4.71 lakh crore is on account of interest payments and over Rs 2.62 lakh crore is on account of major subsidies.
GDP Growth Rises Marginally to 4.7% in Q3 After 6-year Low; Govt Says Slowdown has Bottomed Out
The economic growth in the October-December 2019 quarter has slowed from 5.6% in the same quarter a year ago.
Core Sector Grows by 2.2% in January as Power Generation Picks Up
During the April-January period, core industries growth slowed down to 0.6 per cent against 4.4 per cent in the year-ago period.
India Added 3 Dollar Billionaires a Month in 2019; Mukesh Ambani Richest Indian, Ranks 9th Globally
With $67 billion, Ambani is also the ninth richest in the world which is topped by Jeff Bezos of Amazon with $140 billion.
India Cements Shares Advance 40% in Two Days as Radhakishan Damani’s Kin Buys Stake
According to the bulk deals data available on the National Stock Exchange (NSE), Gopikishan S. Damani purchased 85,22,428 equity shares of India Cements at Rs 82.70 per share on Tuesday.
SpiceJet to Start 11 New Flights from March 29 Including Srinagar-Mumbai Non-Stop Route
On an average, the budget carrier operates 600 daily flights to 63 destinations, including 54 domestic ones.
US Govt Committed to Reducing More Regulations, Says Donald Trump at Meet with CEOs
US President Donald Trump said some of the regulations have to go through statutory process, but his government is committed to reducing a "lot more regulations."
Govt Approves Bharti Infratel-Indus Towers Merger, New Entity to be 'World's Largest Tower Co Outside China'
The timely completion of the tower deal is critical for the companies, as it would allow Bharti and Vodafone Idea in offloading stake and raising funds.
Swiggy Raises Over Rs 805 Crore from Investors Led by Prosus NV
Having grown beyond food delivery, the company aims to use the funds to further develop its new lines of business, addressing visible gaps in the market, Swiggy said in a statement.
AGR Dues: Govt to Look at Balancing SC Order Compliance, Telcos' Health, Consumer Interest
The government official said that telecom companies have already paid about Rs 16,000 crore in AGR dues, and some have assured more payments in 7-8 days.
Rupee Slips 26 Paise to 71.80 Against US Dollar in Opening Trade Amid Rising Crude Oil Prices, Coronavirus Fears
The rupee opened weak at 71.75 at the interbank forex market and then fell further to 71.80, down 26 paise over its last close.