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  Asian shares mixed despite fresh records on Wall Street

  November 30, 2020 12:13 IST

  Asian shares were mixed on Monday on renewed caution despite a record high finish on Wall Street last week driven by hopes for a COVID-19 vaccine and relief for the global economy.

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  AirAsia India plans expansion; to induct 3 more A320 neos by June 2021

  November 29, 2020 17:05 IST

  Budget carrier AirAsia India plans to add three more Airbus A320 neo planes by June next year as part of its fleet and network expansion.

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  RBI likely to maintain status quo for 3rd straight time on inflation concerns

  November 29, 2020 16:37 IST

  The Reserve Bank is likely to keep the benchmark interest rates unchanged in its next monetary policy review in view of heightened retail inflation which has persistently remained above its comfort level, feel experts. 

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  Aadhaar Alert! Check UIDAI's warning against fraud or else you may be duped of money

  November 29, 2020 14:54 IST

  The UIDAI recently tweeted that Aadhaar operators are appointed by the registrars, and not by UIDAI. Therefore, citizens are requested to not to fall into the trap of fraudsters.

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  Five of top 10 most valued firms lose together ₹91,699 crore m-cap; RIL worst hit

  November 29, 2020 13:42 IST

  The combined market valuation of five of top-10 most valued firms declined by ₹91,699 crore last week, with heavyweight Reliance Industries emerging as the worst hit.  Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Limited, Kotak Mahindra Bank and Bajaj Finance were the gainers.

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  Companies raise Rs 25,000 cr via IPOs in 2020 so far; next year expected to be equally strong

  November 29, 2020 11:06 IST

  According to an analysis of data available with the stock exchanges, 12 initial public offerings (IPOs) in 2020 so far raised around Rs 25,000 crore, significantly higher than Rs 12,362 crore mopped up through 16 initial share-sales in the entire 2019.

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  Bank Holidays in December 2020: Banks to remain closed on these days; Check state-wise list

  November 29, 2020 9:28 IST

  Bank Holidays in December 2020: All private and public sector banks in the country are closed on Sundays, as well as on the second and fourth Saturdays of every month. Besides this, banks are closed on various public and national and regional public holidays as well. 

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  Top 25,000 defaulting taxpayers to be persuaded to file GST returns by Nov 30

  November 29, 2020 8:06 IST

  Tax officials have been directed to follow up personally with these defaulting taxpayers so that their GSTR-3B returns due for October get filed by Nov 30.

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  EPFO extends deadline to submit life certificate by pensioners till Feb 28

  November 28, 2020 18:08 IST

  The Employees' Provident Fund Organisation (EPFO) has extended the deadline for submission of life certificates by pensioners till February 28, a move which would benefit over 35 lakh persons who could not submit the document by November due to coronavirus pandemic.

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  Important news for PNB customers! Bank introduces OTP-based cash withdrawal system. Get details

  November 28, 2020 17:46 IST

  The Punjab National Bank (PNB) is going to introduce the OTP-based cash withdrawal system. The bank will launch OTP Based ATM Withdrawal for transactions system from December 1, 2020.

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  Govt proposes capping surge pricing by cab aggregators at 1.5 times of base fare

  November 28, 2020 12:36 IST

  The government on Friday proposed to cap surge pricing charged by cab aggregators like Ola and Uber at 1.5 times of the base fare.

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  Lakshmi Vilas Bank becomes DBS India; 94-year old bank part of history now

  November 27, 2020 19:03 IST

  The debt-ridden 94-year old old bank's fate was sealed with Union Cabinet headed by Prime Minister Narendra Modi approving Scheme of Amalagamation.

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  India's July-Sept GDP contracts 7.5%, 'technical recession' confirmed

  November 27, 2020 18:35 IST

  The GDP at constant (2011-12) prices in Q2 of 2020-21 is estimated at Rs 33.14 lakh crore.

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  Burger King IPO to open on Dec 2; price band fixed at Rs 59-60 per share

  November 27, 2020 16:37 IST

  Quick service restaurant (QSR) chain Burger King will hit the capital markets on December 2, and the price band of the initial public offering (IPO) has been fixed at Rs 59-60 per share. 

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  Sensex, Nifty start on tepid note amid weak global cues

  November 27, 2020 10:12 IST

  The 30-share BSE index was trading 25.74 points or 0.06 per cent higher at 44,285.48.

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  India's second-quarter GDP data to be released today

  November 27, 2020 11:29 IST

  The second-quarter gross domestic product (GDP) data on India will be released today with the industry expecting positive news. The data will be released by the National Statistical Office.

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  Peter Kerkar of Cox & Kings arrested by ED in money laundering case

  November 26, 2020 23:03 IST

  The Enforcement Directorate has arrested travel firm Cox and Kings' promoter Peter Kerkar in an alleged money laundering case, as per reports.

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  BharatPe's POS business grows to $2 billion annualized transaction value in 3 months

  November 26, 2020 21:55 IST

  BharatPe, India's largest merchant payments company, today announced that it has recorded the fastest ever scale up on POS in the industry. BharatPe’s POS business has grown to $2 billion annualized transaction value in just 3 months post the launch.

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  Murugappa Group takes over CG Power, appoints directors

  November 26, 2020 18:32 IST

  Chennai-based Murugappa Group on Thursday took over scam-hit CG Power and Industrial Solutions, infusing Rs 700 crore into the company and appointing directors on its board.

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  Sensex rallies 432 points on F&O expiry; financial stocks shine

  November 26, 2020 16:42 IST

  Equity benchmark Sensex rallied 432 points on Thursday, tracking gains in banking and financial stocks as the November series derivatives expired amid largely positive cues from global markets.

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  26/11 attack 12th anniversary: Ratan Tata calls for unity, act of sensitivity to continue in future

  November 26, 2020 14:54 IST

  In a social media post, the chairman emeritus of the Tata group said, "The wanton destruction that took place 12 years ago will never be forgotten." But, he said, what is more memorable is the way Mumbai people came together, casting aside all differences, to vanquish the terrorism.

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  Economic recovery stronger than expected: RBI Guv Shaktikanta Das

  November 26, 2020 15:01 IST

  Speaking at the annual day event of Foreign Exchange Dealers' Association of India (FEDAI), Das said there are downside risks to growth across the world and also in India.

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  Bharat Bandh: Operations at public sector banks partially hit due to trade union strike

  November 26, 2020 11:13 IST

  The All India Bank Employees' Association (AIBEA), All India Bank Officers Association (AIBOA) and Bank Employees Federation of India (BEFI) are participating in the strike.

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  Sensex jumps over 100 pts in early trade; Nifty tests 12,900

  November 26, 2020 10:59 IST

  The 30-share BSE index was trading 120.03 points or 0.27 per cent higher at 43,948.13. Similarly, the broader NSE Nifty was 37.70 points or 0.29 per cent up at 12,896.10.

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  eBikeGo to install 3,000 IoT enabled smart charging stations across 5 cities in India

  November 25, 2020 22:22 IST

  To fill this gap in the ecosystem and to increase the demand for electric vehicles, eBikeGo, India's leading smart electric two-wheeler mobility platform is planning to launch its own IoT enabled smart charging stations - eBikeGo Charge.

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  Bharat Bandh on November 26: Will bank services be hit?

  November 25, 2020 22:46 IST

  With the call of a nationwide strike by central trade unions on Thursday, banking operations could be hit. The strike, to be observed by ten central trade unions except Bharatiya Mazdoor Sangh, will also be joined by some bank unions.

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  Lakshmi Vilas Bank branches to operate as DBS Bank India Ltd from Friday

  November 25, 2020 19:08 IST

  Lakshmi Vilas Bank Ltd. branches will operate as DBS Bank India Ltd. branches from November 27, 2020. The development has come hours after the Cabinet announced that it has approved the merger of Lakshmi Vilas Bank Ltd. with DBS India.

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  Investor wealth tanks Rs 2.24 lakh crore as markets tumble after 3-day rally

  November 25, 2020 18:01 IST

  ​Investors' wealth declined by Rs 2,24,978.33 crore on Wednesday as equity markets tumbled from record highs on profit-booking. Snapping a three-session winning streak, the 30-share BSE Sensex ended 694.92 points or 1.56 per cent lower at 43,828.10.