• 

  Income Tax department launches offline utility for ITR 1, 4 

  April 05, 2021 19:22 IST

  The offline utility is available on the e-filing portal and is based on new technology “JSON” (JavaScript Object Notation), which is a light weight format for storing data.

• 

  RBI's MPC starts deliberating on next monetary policy

  April 05, 2021 17:25 IST

  RBI Governor Shaktikanta Das-headed rate-setting panel MPC started its three-day deliberation on the next monetary policy on Monday amid sudden surge in COVID-19 cases and the government's recent mandate asking the central bank to keep retail inflation around 4 per cent.

• 

  Sensex tumbles 871 points; Nifty tanks below 14,650

  April 05, 2021 16:44 IST

  Equity benchmark Sensex tanked 871 points on Monday, dragged by a selloff in financial stocks as spiking COVID-19 cases spooked investors and fanned concerns over economic recovery.

• 

  BYJU'S to acquire Aakash Educational Services in $1B deal

  April 05, 2021 16:36 IST

  BYJU'S, the world's leading ed-tech company has announced its strategic partnership with Aakash Educational Services Limited (AESL). According to sources, the deal is worth close to USD 1 billion (about 7,300 crores) -- making it the biggest acquisition by Byju's to date.   

• 

  Gold Price Today: Gold declines marginally; silver falls Rs 216

  April 05, 2021 16:04 IST

  Gold prices fall marginally by Rs 15 to Rs 44,949 per 10 gram in the national capital on Monday amid muted trading and tepid global trends, according to HDFC Securities. 

• 

  Adani Ports acquire 25% of Vishwasamudra Holdings' stake in Krishnapatnam Port

  April 05, 2021 13:10 IST

  Krishnapatnam Port is located on the east coast of India in Nellore close to the border between Andhra Pradesh and Tamil Nadu. 

• 

  Govt amends insolvency law; introduces pre-packaged resolution process for MSMEs

  April 05, 2021 13:00 IST

  According to the ordinance, it is considered expedient to provide an efficient alternative insolvency resolution process for MSMEs to ensure quicker, cost-effective and value maximising outcomes for all stakeholders, in a manner that is least disruptive to the continuity of their businesses and which preserves jobs.

• 

  Sensex plummets over 1,400 pts in morning trade; financial stocks tank

  April 05, 2021 12:16 IST

  Equity benchmark Sensex tumbled over 1,400 points in the morning session on Monday, dragged by massive losses in financial stocks amid concerns over spiking COVID-19 cases in the country.

• 

  Macrotech Developers IPO: Subscription opens on April 7, check price bank and more

  April 05, 2021 12:07 IST

  Macrotech Developers Ltd, formerly known as Lodha Developers, on Thursday announced the price band of its Rs 2,500 crore initial public offer (IPO) at Rs 483-486 per share.

• 

  Meesho raises Rs 2,200 cr in funding led by SoftBank

  April 05, 2021 11:55 IST

  Homegrown social commerce platform Meesho on Monday announced it has raised $300 million (over Rs 2,200 crore) in a new round of funding led by SoftBank Vision Fund 2, taking its valuation to $2.1 billion.

• 

  SBI hikes interest rate on home loan, check revised rate

  April 05, 2021 15:30 IST

  SBI home loan interest rates now start from 6.95 per cent. The change in the interest rate came into effect from April 1.

• 

  Sensex tanks over 400 pts in early trade; Nifty drops below 14,800

  April 05, 2021 11:30 IST

  Equity benchmark Sensex tumbled over 400 points in early trade on Monday, dragged by losses in index majors HDFC twins, ICICI Bank and Reliance Industries despite a positive trend in global markets.

• 

  Jana Small Finance Bank files for IPO, to raise Rs 700 crore

  April 05, 2021 9:37 IST

  Jana Small Finance Bank IPO: Jana SFB has filed preliminary papers with SEBI to float an initial share-sale. Jana SFB IPO comprises fresh issuance of equity shares worth Rs 700 crore.

• 

  Govt sanctions over Rs 25,000 cr under 'Stand-Up India'

  April 04, 2021 13:28 IST

  Stand up India scheme was launched on April 5, 2016 to promote entrepreneurship at grassroots level focusing on economic empowerment and job creation. This scheme has been extended up to 2025.

• 

  SC order on interest waiver: PSU Banks may have to take Rs 2,000 cr hit

  April 04, 2021 13:14 IST

  Compound interest support scheme for loan moratorium cost the government Rs 5,500 crore during 2020-21 and the scheme covered all borrowers including the prompt one who did not avail moratorium.

• 

  GST to be levied on underlying goods/services in gift vouchers, rules AAAR

  April 04, 2021 12:52 IST

  Modifying the AAR verdict, the AAAR has clarified that GST will be levied not on the supply of vouchers but on the underlying supply of goods/ services at the time of redemption and the time for payment of GST will be dependent on the provisions detailed in the GST law.

• 

  SBI kick-starts 3rd edition of 'YONO Super Saving Days' from today | All you need to know

  April 04, 2021 10:00 IST

  State Bank of India (SBI) said the second edition of the shopping carnival held during March 4-7, 2021 had received a significant jump in traffic and transaction volume for the participating merchants.

• 

  IndiGo launches door-to-door baggage transfer service in Delhi, Hyderabad

  April 02, 2021 15:35 IST

  IndiGo on Friday said it has launched a door-to-door baggage transfer service in Delhi and Hyderabad in which customer luggage gets securely picked and transported from the first to the last destination.

• 

  Reliance Industries secures shareholders, creditors nod to hive off O2C business into separate unit

  April 02, 2021 14:26 IST

  Reliance Industries has secured approval of its shareholders and creditors for hiving off its oil-to-chemical business into a separate unit.  

• 

  NIIT buyback price fixed at Rs 240, offer opens on April 12

  April 02, 2021 9:14 IST

  NIIT buyback price has been fixed at Rs 240. NIIT buyback date is April 12.

• 

  PNB extends validity of old cheque of OBC and United Bank of India by 3 months

  April 02, 2021 8:45 IST

  PNB has extend the validity of old cheque of account holders in Oriental Bank of Commerce and United Bank of India by three months.   

• 

  Wipro buying Australian firm Ampion for Rs 858 crore

  April 01, 2021 17:41 IST

  ​Global software major Wipro on Thursday announced buying Australia-based Ampion for $117 million (Rs 858 crore), as it provides cyber security, Dev Ops (software development and IT operations) and engineering services.  

• 

  SBI outage: Online, App, YONO, UPI services down for maintenance activities

  April 01, 2021 16:27 IST

  SBI's website, UPI, YONO and other digital services are down due to maintenance activities.

• 

  GST collections at record high of Rs 1.23 lakh crore in March

  April 01, 2021 16:06 IST

  GST revenues during March 2021 are the highest since introduction of GST. In line with the trend of recovery in the GST revenues over past five months.

• 

  Anil Ambani's debt-laden Reliance Infrastructure sells Santacruz centre to YES Bank

  April 01, 2021 15:53 IST

  Reliance Infrastructure has set a target to be a debt free company in 2021. Reliance Infrastructure is owned by Anil Ambani.

• 

  Buy rating for Reliance Industries, target price Rs 2,500

  April 01, 2021 15:29 IST

  RIL share price, RIL share target: JM Financial has given a buy call with a target price of Rs 2,500 for Reliance Industries shares.

• 

  Seven Islands Shipping gets Sebi's nod to raise Rs 600 crore through IPO

  April 01, 2021 14:40 IST

   Seven Islands Shipping has received Sebi's go-ahead to raise Rs 600 crore through an IPO.

• 

  Lodha Developers' Rs 2,500 crore IPO to open on April 7

  April 01, 2021 13:25 IST

  Lodha Group was founded in 1995 by Mangal Prabhat Lodha. It is a leading player in the Indian real estate market. It has a presence in Mumbai, Pune, and London.