Business

Banking sources involved in the process said that a total of six bids have come for assets of RCom on Monday.

Users are postponing their purchase plans, and the devices category under the overall IT sales will grow 6.3 percent to USD 35.468 billion in 2020, global analyst firm Gartner said on Monday.

In the week ended 8 November, the Sensex gained nearly 158 points, or 0.4%, to settle at 40,323.61, while the Nifty 50 rose 18.20 points, or 0.15%, to 11,908.20.

Despite trading on a weak note though the day, the 30-share Sensex briefly turned positive to hit a fresh intra-day high of 40,749.33. It, however, pared all gains to end 330.13 points, or 0.81 per cent lower at 40,323.61.

At 12:23 pm, shares of Max Financial Services were trading at Rs 464.90, up 6%, after hitting an intra-day high of Rs 472.60. Notably, the stock has risen nearly 15% in the last one year.

Chinese Vice-Commerce Minister and top trade negotiator Wang Shouwen also expressed confidence that the differences would be resolved by the end of this year.

This is the third consecutive month when GST mop-up remained below the Rs 1 lakh crore mark, despite October being a festive month.

Vodafone Idea Ltd shares advanced over 19% after UK-based Vodafone Group denied rumours of plans to exit India.

Taking to Twitter after a meeting with the EOW officials here, former MP Sanjay Nirupam said the current account transactions at the PMC bank will start 'soon'.

Airtel and Vodafone-Idea are pitching for a waiver of interest and penalties on the unpaid amount, as well as staggering payment of principal licence fee over 10 years, sources said.

Documents filed with the Registrar of Companies showed that Amazon had pumped the money into its retail, food and payments units. The company did not immediately clarify where or how the money would be used.

Goodwin Jewellers shut its outlets in Thane, Palghar and Mumbai region a couple of days before Diwali, leaving hundreds of people, who had invested in their gold and fixed deposit schemes, in the lurch.

The Competition Commission assessed allegations for 'market for online intermediation services for booking of hotels in India' for MMT-Go and 'market for franchising services for budget hotels in India' for Oyo.

Tata Motors was the top gainer in the Sensex pack, rallying over 13 per cent, after its British arm Jaguar Land Rover (JLR) returned to profitability, reporting a pre-tax profit of 156 million pounds, 246 million pounds better year-on-year.

The government for long has been trying to sell debt-ridden Air India but could not attract bidders. It has now again decided to call bids for sale next month.

Data showed that overseas investors pumped in a net amount of Rs 3,769.56 crore into equities and Rs 58.4 crore in the debt segment, taking the total net investment to Rs 3,827.9 crore in this month so far.