Business

It can be noted that the RBI had on September 23 placed the city-headquartered bank under an administrator and capped the cash withdrawals, leading to public outrage.

The Finance Ministry said the melas 'disbursed' loans worth about 2,500 billion rupees ($35 billion) in October, with some private and shadow banks joining 18 state-run lenders.

The 30-share BSE Sensex was trading higher by 84.17 points at 40,934.46 in opening deals; while the broader 50-share NSE Nifty was up by 21.95 points at 12,065.15.

The Delhi High Court in December last year said the government must ensure online sales are prohibited for the time being, as it heard a petition from a doctor who alleged unregulated online sales could lead to abuse of medicines.

The Centralised Processing Centre processed 4.70 crore tax returns between April 2019 and November 28 as opposed to 3.91 crore returns being processed in the same period a year back.

Ending weeks of suspense, Yes Bank on Friday said eight investors led by Erwin Singh Braich have evinced interest to pump $2 billion into the lender.

Yes Bank Ltd shares advanced over 5.6% ahead of the lender’s board meeting today where it will consider and approve raising funds by issue of equity or equity-linked securities.

Forex traders said, the domestic unit was trading in a narrow range as investors await clarity on the US-China trade front.

The PMC Bank management, in cahoots with the Wadhawans, concealed from the banking regulators' scrutiny huge loan defaults by HDIL group firms.

A portal opened for the former employees is helping them in looking for new jobs, Minister of Civil Aviation Hardeep Singh Puri told the Rajya Sabha.

After hitting a high of 41,075.76, the 30-share index was trading 207.41 points, or 0.51 per cent, higher at 41,028.71 in morning session. Similarly, the broader Nifty rose 59.30 points, or 0.49 per cent, to 12,096.75.

The CAIT wrote to the finance minister alleging that e-commerce companies, including Amazon and Flipkart, were selling various products on their platforms at a price much lower than fair market value.

The Internet Service Providers Association of India said the DoT has unnecessarily imposed the order on internet service providers, many of which are run by entrepreneurs in smaller cities and towns.

The web portal will be a repository of policy and technical circulars, guidance and notifications issued by the CBDT, and provide links to circulars issued by the regulatory and other international bodies.

In their places, UltraTech Cement, Titan Co Ltd and Nestle India will be added in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE

After scaling a lifetime (intra-day) high of 40,816.38, the 30-share index ended 181.94 points, or 0.45 per cent, higher at 40,651.64.