Business
Currency in Circulation Rises 22% in May-end over Pre-demonetisation Level
Finance Minister Nirmala Sitharaman said the notes in circulation had grown at an average growth rate of 14.51 per cent year on year wise since October 2014.
Sensex Spurts 312 Points; Domestic Equities Rebound as Monsoon Progress
Markets pared initial losses following India Meteorological Department's statement that India's annual monsoon rains have covered nearly half of the country.
Hero, Bajaj, TVS Strongly Object Niti Aayog's Move for All Electric Two-wheelers
Niti Aayog, last week, had asked auto industry body Society of Indian Automobile Manufacturers along with conventional two and three-wheeler makers to suggest within two weeks, concrete steps towards a transition to electric mobility keeping in mind the 2...
Jet Airways Shares Jump for a Third Day as Insolvency Proceedings BegIin
Jet Airways employees have also received a letter stating that the Corporate Insolvency Resolution Process for the airline has commenced with effect from 20 June 2019.
Finance Ministry Issues Clarification on Department of Expenditure's Order on Salary Disbursal
The finance ministry cautioned the general public not to circulate the order since it is confidential in nature and may attract punitive actions under applicable legal provisions.
GST Council Extends Anti-Profiteering Authority's Tenure by 2 Years, Sends Rate Cut Proposal to Fitment Panel
Briefing reporters after the 35th meeting of the Council, Revenue Secretary A B Pandey said it has been decided to allow the use of Aadhaar by businesses to register with the GST-Network.
Zambian Court Rejects Vedanta Bid to Join Liquidation Proceedings in its Konkola Copper Mines
Zambia's dispute with Vedanta began in May when the government of Africa's second biggest copper producer appointed a liquidator to run Konkola Copper Mines, saying it had breached its licence.
L&T to Get Three Board Positions in Mindtree
IT firm Mindtree Thursday said L&T CEO and MD SN Subrahmanyan will join its Board as Non-Executive Director with effect from July 16.
Adidas Loses EU Court Battle over Three-stripes Symbol: Know How Brand Giant Got its Signature Trademark
Adidas revamped their logo in 1990 that supposedly represented 'the challenge to be faced and the goals to be achieved'.
Deutsche Bank Under Investigation over Trump's Son-in-law Kushner's Suspicious Transactions: Report
Earlier this month, a group of US Senate Democrats urged the Federal Reserve to investigate Deutsche Bank's relationship with Donald Trump and Jared Kushner.
India's Tech Hub Bengaluru in Top 10 Asian Cities for Realty Investments
The survey also found Bengaluru as one of the fastest growing cities in India owing to the presence of global players in IT, biotech, pharmaceuticals, manufacturing and other growth sectors.
As Jet Airways Case Lands in NCLT, What's in Store for the Debt-ridden Airline?
Once Jet Airways is admitted into the corporate insolvency resolution process, its board of directors is suspended and is placed under an independent 'interim resolution professional'.
Piramal Enterprises Tumbles 7 Percent a Day After Selling Stake in Shriram Transport
The company has sold its entire direct investment of 9.96% in the fully paid-up share capital of Shriram Transport Finance Company to third-party investors on the floor of the stock exchange, said Piramal Enterprises.
With Lenders Set to Take Grounded Aircraft to NCLT, Jet Shares Shrink 41%, Reaches All-time Low
The scrip plummeted 40.78 per cent to close at Rs 40.45 on the BSE. During the day, it tanked 52.78 per cent to hit an all-time low of Rs 32.25.
Amazon May Invest in NinjaCart to Enter India’s Fresh Produce Sector, Says Economic Times
NinjaCart, a Bengaluru-based fresh produce supply chain that supplies 25,000 tonnes of fresh vegetables and fruits monthly, can help Amazon India expand the horizon of its Pantry.
Sensex, Nifty Tumble Over Indo-US Trade War Fears; Face Losses for Fourth Session in Row
Fresh geopolitical tensions in the Middle East and concerns over the advancement of monsoon also unnerved equity market participants, fearing a new front of global trade war.