Business
Reliance Industries Becomes First Indian Firm to Hit Rs 10 Lakh Crore Market Capitalisation Mark
The oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 10.02 lakh crore during morning trade on the BSE.
Sensex, Nifty Scale Fresh Closing Peaks; Yes Bank Rallies Over 7 Percent
The 30-share Sensex rose by 199.31 points or 0.49 per cent to end at a new life-time high of 41,020.61 as 24 of its constituents ended in green.
ZEEL Shares Down over 7 Percent after Subhash Chandra's Resignation
On the BSE, the stock opened at Rs 340.50 and lost 6.97 per cent to close at Rs 319.70. Intra-day, it had plunged 9.06 per cent to a low of Rs 312.50.
InterGlobe Aviation Shares Tank Over 4 Percent After DGCA Directive
The scrip of budget carrier IndiGo's parent tanked 4.23 per cent to Rs 1,389 on the BSE. At the NSE, it declined 4.25 per cent to Rs 1,388.50.
Airtel, RIL, Three Others May Submit Bids for RCom Assets Today
The last date to submit bids will end on Monday and RCom (Reliance Communications) committee of creditors will also meet on the same day to open bids.
Sensex and Nifty Open on a Cautious Note, Infosys and HCL Shares Fall
After opening on a positive note, the 30-share index turned choppy to trade 15.89 points, or 0.04 per cent, lower at 40,559.28. Similarly, the broader Nifty slipped 20.45 points, or 0.17 per cent, to 11,947.95.
Union Cabinet Approves Import of 1.2 Lakh Tonnes of Onions, Says Nirmala Sitharaman
Onion prices have come under pressure due to 26 per cent fall in the production to 52.06 lakh tonnes during the kharif output late-kharif seasons of 2019-20.
Cabinet Approves Rs 42,000 Crore Relief for Airtel, Vodafone and Reliance Jio on Spectrum Payments
The move was approved by the Union Cabinet headed by Prime Minister Narendra Modi.
States Express Concern over Delay in GST Compensation, Ask Fin Min to Expedite Payments
It was recalled that the assurance of GST compensation was a necessary enabler in states agreeing to subsume their fiscal sovereignty into GST.
Rupee Slips 16 Paise, Touches 72 per US Dollar Level in Early Trade
Forex traders said trading in emerging market currencies were subdued tracking cautious opening in domestic equities.
Drastic Changes Needed to Develop Debt Market, Says Former Sebi Chief UK Sinha
Former Sebi chairman UK Sinha said the corporate bond market can develop only on the back of a very vibrant government bond market.
Bharti Airtel, Glenmark Pharma, Suzlon and ONGC Among Key Stocks in Focus Today
At 11:48 am, the benchmark S&P BSE Sensex was up 195.42 points, or 0.49%, to 40,481.90, while the Nifty 50 rose 51.05 points, or 0.43%, to 11,923.15.
Flipkart to Collect Plastic Packaging Back from Customers, Starts Pilot in 7 Cities
The collected packets will then be sent to registered vendors to ensure they are disposed of responsibly to avoid ending up in landfills.
Tax Body Mops Up Rs 6 Lakh Crore in Direct Tax Collection So Far in the Current Fiscal
Efforts are being made to achieve the target set in the Budget, Central Board of Direct Taxes Chairman P C Mody said after inauguration of the Taxpayers Lounge at Pragati Maidan here.
Economic Slowdown Punctures Govt's Targets of Tax Collection as PSU Profits Dive
When the economy is in a deep and ongoing slowdown and the government has already offered a massive sop to India Inc in the form of a steep cut in the headline corporate tax rate, expecting targets set in the beginning of the fiscal to be met is like day...
Amazon Brings 'Project Zero' to India to Help Brands Fight Counterfeits
The initiative was launched earlier this year in the US, Europe (UK, France, Italy, Spain, and Germany) and Japan and over 7,000 brands have already enrolled in Project Zero.
