Business
Flipkart co-founder Sachin Bansal Resigns as Director of Ujjivan Small Finance Bank
Sachin Bansal, who founded Navi Technologies after moving out of Flipkart in 2018, will now focus on the financial services sector, including insurance and banking.
One-fifth Taxpayers File Return on Last Day: GST Network
In the last three days 8.32 lakh, 6.09 lakh and 13.30 lakh GSTR-3B returns were filed on January 18, 19 and January 20, respectively.
Asean Secretariat Invites India for RCEP Meeting Next Month in Indonesia
India at a meeting in November last year in Bangkok decided to withdraw from this mega free-trade agreement as its concerns were not addressed adequately by the RCEP.
Restrictions on Cash Withdrawal from PMC Bank Based on Ability to Pay Depositors: RBI to Delhi HC
The submissions were made in response to a PIL seeking removal of restrictions on cash withdrawals from the PMC Bank.
Bharti Airtel Shares Rise for a Third Day as Analysts Remain Positive
The stock had risen over 6.5% last week after an apex court’s adverse ruling on adjusted gross revenue (AGR) dues weakened its rival Vodafone Idea Ltd further, raising questions over its survival in the Indian market.
Announce Convergence of All Corporate Tax Rates to 15% in Budget, Says CII
According to the industry body, the desired impact of the reduction in corporate taxes on the ground is still far from satisfactory.
Trump, Merkel, Imran Khan and Over 100 Indian CEOs to Visit Davos for World Economic Forum
While Deepika will talk about mental health and other issues, Sadhguru will hold morning meditation sessions at the summit being attended by over 3,000 world leaders.
Reliance Industries-Saudi Aramco Deal Unlikely to Close by March-end, Says CFO
In August last year, RIL announced its plans to sell its 20 per cent stake in its flagship chemicals and refining business to Saudi Aramco in a deal valued at USD 15 billion.
RIL Consolidated Profit Rises 13.5% to Record Rs 11,640 Crore in Q3
Net profit in October-December stood at Rs 11,640 crore, compared to Rs 10,251 crore profit in the same period a year back.
Sensex, Nifty off to Choppy Start; RIL Up 2% Ahead of Q2 Results
The 30-share BSE index was trading 3.68 points or 0.01 per cent lower at 41,928.88. Similarly, the broader NSE Nifty slipped 1.85 points or 0.01 per cent to 12,353.65.
UN Lowers India's Growth Forecast; Expects Momentum to Pick up in 2020
According to the United Nations World Economic Situation and Prospects (WESP) 2020, a growth rate of 2.5 per cent is possible in 2020, but a flare up of trade tensions, financial turmoil, or an escalation of geopolitical tensions could derail a recovery.
Wockhardt Shares Climb 14% after Getting Approval for Two New Antibiotics
In a filing to stock exchanges, Wockhardt said that it has received approval from the Drugs Controller General of India (DCGI) for its two new antibiotics -- Emrok (intravenous infusion) and EMROK O (Oral) – to treat skin and other drug-resistant infectio...
Sensex Crosses 42,000 for First Time Ever, Nifty Hits Record High After US, China Sign Trade Deal
After hitting a record peak of 42,009.94, the 30-share BSE index was trading 127.65 points or 0.30 per cent higher at 42,000.38.
HDFC Bank Credit Card Services to be Unavailable from 1am to Noon on January 18
An alert from the bank also stated that only its credit card services will be affected during the aforementioned period, according to a report.
Exploitation, Pollution and a Shadow Economy: What is Artisanal Gold Mining and Why is it Booming?
Informal digging with the use of basic technology, known as artisanal or small-scale mining (ASM), has been around for centuries, and gold offers cash to communities that may lack alternatives.
Wipro Shares Drop 3.5% after Q3 Earnings as Brokerages Turn Cautious
Wipro shares fell as much as 4% in intra-day session and closed the day near its lowest point at Rs 248.20.