• 

  RBI proposes guidelines for NBFCs for declaring dividends. Check details

  December 09, 2020 22:02 IST

  With a view to ensure financial discipline and transparency, the Reserve Bank of India (RBI) on Tuesday proposed guidelines for non-banking financial companies (NBFCs) for declaring dividends. 

• 

  TCS' Rs 16,000-crore buyback offer to open on December 18

  December 09, 2020 21:07 IST

  India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said its up to Rs 16,000-crore share buyback programme will commence on December 18 and close on January 1, 2021. 

• 

  Facebook India FY20 revenue up 43% at Rs 1,277.3 crore, net profit doubles

  December 09, 2020 20:11 IST

  Social media giant Facebook India's revenues grew 43 per cent year-on-year to about Rs 1,277.3 crore in 2019-20, while its net profit more than doubled to Rs 135.7 crore, as per regulatory documents. 

• 

  24x7 RTGS for high-value transactions from December 14. Check details

  December 10, 2020 9:43 IST

  The Real Time Gross Settlement System (RTGS) for high-value transactions will be available 24x7 on all days from December 14. This would make India one of the few countries to operate the system round-the-clock. "RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020," the Reserve Bank of India (RBI) said in a statement.

• 

  How much Pfizer's COVID-19 vaccine will cost? Pharma giant's big statement

  December 09, 2020 19:35 IST

  Pfizer will have differential pricing on its coronavirus vaccine for different countries, as the company aims to make the vaccine available across the world, the global pharma major said on Wednesday.

• 

  Your take-home salary may reduce from April 2021. Know how it will impact you

  December 09, 2020 20:34 IST

  ​Take-home salaries of employees may reduce starting next financial year as companies would be required to restructure pay packages once the government notifies draft rules under the new wage rule.

• 

  India will produce cheapest electricity from renewable sources: Gautam Adani

  December 09, 2020 16:58 IST

  ​Billionaire Gautam Adani on Wednesday said India is at a dramatic inflexion point from where its economy will grow to ten times by 2050 with the nation having several trillion-dollar companies and cheapest power from renewable energy.  

• 

  Air India's direct Hyderabad-Chicago flight from Jan 15

  December 09, 2020 16:54 IST

  Hyderabad is all set to get a non-stop connectivity with the United States as Air India will launch its direct flight from the city to Chicago from January 15. 

• 

  Sensex rallies 495 points to cross 46k mark for first time; Nifty tops 13,500

  December 09, 2020 16:14 IST

  Equity benchmark Sensex soared 495 points to cross the 46,000-level for the first time on Wednesday amid persistent foreign fund inflows and positive cues from global markets. After touching a record intra-day high of 46,164.10, the 30-share BSE index ended 494.99 points or 1.09 per cent higher at 46,103.50 .  

• 

  Gold Price Today: Gold declines Rs 118; silver falls Rs 875

  December 09, 2020 15:50 IST

  Gold prices fell Rs 118 to Rs 49,221 per 10 gram in the national capital on Wednesday on a weak global trend, according to HDFC Securities.

• 

  Amazon considering $100 million investment in Apollo Pharmacy: Report

  December 09, 2020 14:03 IST

  Amazon is under consideration for investment in India's Apollo Pharmacy, facing up to Reliance Industries Ltd and Tata Group in the country's fast-growing drug market.

• 

  Burger King India IPO allotment to be announced today. Know how to check

  December 09, 2020 14:52 IST

  Investors can check the Burger King India IPO share allocation status on the website of Link Intime India, which is the registrar of Burger King IPO. The registrar manages share allocation and refund.

• 

  Sensex hits fresh high as bull run continues, nears 45,900

  December 09, 2020 10:13 IST

  The Nifty50 on the National Stock Exchange was trading at 13,463.35, up 70.40 points or 0.53 per cent from its previous close.

• 

  LPG Cylinder Rates: Cooking gas price raised by Rs 50; Know how much it will cost in Delhi, Mumbai

  December 09, 2020 9:12 IST

  The Indian Oil Corporation (IOC) announced that the prices of non-subsidised liquefied petroleum gas (LPG) cylinders across the country will increase by Rs 50. This is the first time in five months that the prices of non-subsidised LPG gas cylinders have seen a spike.

• 

  ICICI Bank's board okays sale of 2.2% stake in ICICI Securities

  December 09, 2020 8:28 IST

  The sale will be done through offer for sale (OFS) through the stock exchange mechanism.

• 

  BharatPe topples Google Pay to become 3rd largest player in merchant UPI payment space

  December 08, 2020 23:10 IST

  BharatPe on Tuesday said that it has become the third-largest player in the merchant UPI payment acceptance space. 

• 

  Wipro to roll out salary hikes for junior staff from Jan 1

  December 08, 2020 22:14 IST

  IT services major Wipro will give wage hikes to junior employees with effect from January 1, 2021. 

• 

  OYO lays off around 300 employees

  December 08, 2020 21:05 IST

  Hospitality firm OYO has laid off around 300 employees mainly from renovation and operations departments, according to sources in know of the matter.

• 

  Phone nos, email ids, income details of 70 lakh Indian debit, credit card holders leaked on dark web

  December 08, 2020 20:31 IST

  The personal data of as many as 70 lakh Indian debit and credit card holders has been leaked on the dark web, an Internet security researcher was quoted as saying by IANS. 

• 

  RBI cancels licence of THIS bank, all operations prohibited. Check details

  December 08, 2020 20:09 IST

  The bank has been prohibited from conducting the business of 'banking' which includes acceptance of deposits and repayment of deposits with immediate effect.

• 

  Kotak Mahindra Bank asks employees to share health goals to earn monthly 'fitness allowance'

  December 08, 2020 18:31 IST

  Private sector lender Kotak Mahindra Bank on Tuesday said it will be giving a 'fitness allowance' to its employees for their health and wellness. The employees will have to share their health and fitness goals with the bank to get the monthly fitness allowance, it said in a statement.  

• 

  Reliance shares gain nearly 2% as Mukesh Ambani hints rolling out 5G services

  December 08, 2020 17:58 IST

  ​Shares of Reliance Industries Limited on Tuesday rose nearly 2 per cent after Mukesh Ambani hinted at rolling out 5G telecom services in the second half of 2021. 

• 

  Bharat Bandh: Airlines waive off rescheduling, no-show charges

  December 08, 2020 17:08 IST

  In a relief for flyers, airlines have waived-off cancellation, rescheduling charges for passengers, who could not report for their flights amid the traffic disruption caused due to 'Bharat Bandh' on Tuesday. 

• 

  After two unsuccessful attempts, Govt again invites fresh bids for Pawan Hans sale

  December 08, 2020 17:02 IST

  ​After two unsuccessful attempts, the government on Tuesday invited fresh bids for strategic sale of helicopter services provider Pawan Hans along with transfer of management control.

• 

  Gold Price Today: Gold rises Rs 816, silver jumps by Rs 3,063

  December 08, 2020 16:30 IST

  Gold prices in the national capital rose by Rs 816 to Rs 49,430 per 10 gram on Tuesday on a positive global trend, according to HDFC Securities.

• 

  Markets scale new peaks; Sensex jumps 182 points

  December 08, 2020 16:09 IST

  Rising for the fourth straight session, equity benchmark Sensex jumped 182 points to end at its fresh lifetime peak on Tuesday, tracking gains in index majors Reliance Industries, TCS and Infosys amid persistent foreign fund inflows.

• 

  India specific 5G standard an existential threat: Airtel CEO

  December 08, 2020 14:52 IST

  The idea to develop India specific 5G standard is an existential threat and will lock the country out of the global ecosystem, a senior Bharti Airtel official said on Tuesday. The official also said the development of a separate 5G standard will impact innovation.

• 

  Jio to launch 5G services in second half of 2021, says Mukesh Ambani

  December 08, 2020 13:27 IST

  Reliance Jio has plans to launch 5G services in the second half of 2021, Reliance Industries Chairman Mukesh Ambani said on Tuesday. Speaking at the India Mobile Congress, Ambani said policy steps are needed to accelerate an early rollout of 5G, and to make it affordable and available everywhere.