Business

Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through the industry.

On the 6th spot is Adobe CEO Shantanu Narayen, followed by MasterCard CEO Ajay Banga, ranked 7th and Microsoft chief Satya Nadella on the 9th spot.

President Donald Trump said on Monday he expected to sign a significant part of a trade deal with China ahead of schedule, building on optimism from Friday when Washington said it was 'close to finalizing' some parts of a trade deal.

The unit had posted a loss of Rs 2,063.8 crore for the financial year ended March 31, 2018, documents filed by Flipkart India to the corporate affairs ministry showed.

Anant Korde had moved the Maharashtra State Consumer Disputes Redressal Commission after the company refused to pay him full refund upon cancellation of a Europe tour.

ITC was the top gainers in the Sensex pack, rising over 2 per cent, after the company reported a 37.06 per cent rise in consolidated net profit at Rs 4,173.72 crore for the second quarter ended September.

Expressing disappointment on the verdict, Bharti Airtel said the decision has come at a time when the sector is facing severe financial stress and may further weaken the viability of the sector as a whole.

On Monday, Infosys informed stock exchanges about anonymous whistleblower complaints alleging certain unethical practices.

Brent futures, the global oil benchmark, rose 0.26 per cent to USD 58.89 per barrel.

India is both critical to the success of global development efforts, including eliminating extreme poverty, and as an influential leader for global goods such as addressing climate change, the bank said.

This newly registered local entity 'Flipkart Farmermart' will focus on food retail and is an important part of the company's efforts to boost Indian agriculture as well as food processing industry in the country.

HUL on Monday posted a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care, beauty and personal care verticals.

Market analysts were expecting a strong listing, but a higher-than-expected jump in the stock price on the first day of trade itself has raised some concerns over the near-term outlook for IRCTC shares.

Bharti Enterprises Vice Chairman Rakesh Bharti Mittal while speaking at India Mobile Congress 2019 said 75 per cent of cost of deploying optical fibre in the country for high speed broadband is the fees charged by local authorities.

The oil ministert said he government has laid emphasis on developing a gas-based economy and natural gas is gradually becoming a bridging fuel for low-carbon economy in India.

In the new proposal that NBCC plans to submit before the Supreme Court next week, it may propose to keep the entire inventory to itself and sell it in the open market to raise money and bridge the funding gap.