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  Investors become richer by Rs 7.90 lakh cr in 5 days; BSE-listed firms' valuation hits new peak

  July 04, 2023 19:15 IST

  Investors' wealth climbed Rs 7,90,235.84 crore in five days of rally. The market capitalisation of BSE-listed firms also reached an all-time high of Rs 2,98,57,649. 38 crore on Tuesday.

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  Housing sales down 1pc in Jan-Jun across top 8 cities; gross office leasing up 3pc: Knight Frank

  July 04, 2023 15:04 IST

  In contrast, gross office space leasing increased 3 per cent to 26.1 million square feet from 25.3 million square feet.

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  Axiscades appoints former DRDO Chairman S Christopher as Director

  July 04, 2023 14:40 IST

  Christopher holds an engineering degree from University of Madras, M-Tech in Microwaves and Radar Engineering from IIT, Kharagpur, and PhD in Antenna and Measurement Techniques from IIT Madras.

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  Startup20 summit: Govt will act as facilitator to bolster startups, not regulator, says Piyush Goyal

  July 04, 2023 14:25 IST

  Startup20 summit: Addressing the Startup20 summit in Gugram, Commerce and Industry Minister Piyush Goyal asserted that this ecosystem's stakeholders will practise self-regulation.

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  Tina Ambani appears before ED after husband Anil Ambani in FEMA case

  July 04, 2023 12:49 IST

  Anil Ambani's assertion was kept for another situation enrolled under different areas of FEMA. The examination revolves around the associated ownership with undisclosed resources abroad and the development of connected assets by the industrialist and his wife.

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  Stock markets: Sensex, Nifty at record high in early trade; Rupee jumps 4 paise against dollar

  July 04, 2023 11:40 IST

  Stock markets: Rallying for the fifth straight session, the 30-share BSE Sensex jumped 381.55 points to hit its all-time peak of 65,586.60 in early trade. The NSE Nifty climbed 90.95 points to reach its fresh record high of 19,413.50.

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  India's largest corporate deal: IDFC to merge with IDFC First Bank, shares tank 6%

  July 04, 2023 11:35 IST

  The share exchange ratio for the consolidation has been set at 155 value portions of IDFC First Bank for each 100 value portions of IDFC Restricted.

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  Synoptics Technologies IPO: Check latest GMP, subscription status and other details

  July 04, 2023 8:08 IST

  The IPO has witnessed a significant jump in its Grey Market Premium (GMP), which currently stands at Rs 25 per share, indicating a positive market sentiment towards the issue.

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  India's PMI growth falls slightly in June, but remains strong

  July 03, 2023 14:39 IST

  The survey said that regardless of the downfall, the headline figure highlighted a significant improvement in working circumstances. The survey revealed that sales, production, stock building, and employment were all positively impacted by the strength of demand.

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  Sensex hits all-time high at 65,000; Nifty trades on 19,000

  July 03, 2023 10:13 IST

  Sensex opened up at 353.34 points and currently trading at 65,071.90, an all-time high.

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  Tesla sales jump 83 per cent from a year ago as tax credits, broader adoption drive sales

  July 02, 2023 23:18 IST

  The company produced 479,700 vehicles from April through June, about 13,000 more than it sold, indicating that inventories may be building.

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  SBI launches interoperable cardless cash withdrawal from any bank ATM

  July 02, 2023 21:12 IST

  The upgraded version of the YONO app will empower customers of other banks to embark on the YONO journey, thereby encouraging them to become a part of the ever-growing SBI family.

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  Market valuation of top-10 most valued firms jumps Rs 1.88 lakh cr; HDFC Bank, TCS biggest gainers

  July 02, 2023 18:14 IST

  The valuation of HDFC Bank surged Rs 32,600.19 crore to Rs 9,51,584.36 crore, the most among the top 10 firms.

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  India’s largest robotics firm Addverb aims Rs 8,000 cr revenue in 5 yrs

  July 02, 2023 17:50 IST

  Addverb, which is owned by Reliance Retail, expects to surpass Rs 8,000 crore in revenue in five years, with scaling up of manufacturing operations and diversifying target market base.

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  HMA Agro Industries IPO to list on bourses this week

  July 02, 2023 16:04 IST

  The category for non-institutional investors received 2.97 times subscription, while the portion for Qualified Institutional Buyers (QIBs) was subscribed 1.74 times and Retail Individual Investors' (RIIs) 96 per cent.

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  Over 12,000 fake entities in GST; CBIC plans biometric authentication, tighter return filing

  July 02, 2023 14:15 IST

  Johri further said that the tax authorities are also discussing some more tightening in the GST return filing system to limit the scope of claiming Input Tax Credit (ITC), when taxes have not been paid by suppliers in the supply chain.

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  GST Day 2023: "Goods and Services Tax has done justice to consumers by...," says Nirmala Sitharaman

  July 02, 2023 7:01 IST

  Nirmala Sitharaman on GST: Finance Minister added that many common-use items and services have been exempted from GST for the benefit of the people.

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  Punjab National Bank partners with Amul to support finance dealership network

  July 01, 2023 23:11 IST

  Through small ticket financing under MUDRA, the bank will be financing Amul's retailers, wholesale dealers/area milk distributors and exclusive Amul preferred outlets-milk parlours, a statement said.

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  Nirmala Sitharaman praises PSBs, says 'profit tripled to Rs 1.04 lakh in nine years'

  July 01, 2023 21:04 IST

  Public sector banks (PSBs) net profit nearly tripled from Rs 36,270 crore in FY2014 to Rs 1.04 lakh crore in FY23.

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  Aim to double every four years: HDFC Bank MD after merger

  July 01, 2023 20:40 IST

  HDFC Bank began the day one after the merger with a rebranding exercise, wherein it is putting up its colours at all the over 500 branches and offices of HDFC Ltd.

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  Debadatta Chand takes charge as Bank of Baroda MD

  July 01, 2023 20:37 IST

  He has taken over charge from Sanjiv Chadha, whose tenure ended on June 30, 2023, BoB said in a statement.

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  GST helped increase revenue buoyancy of states as all-round benefit stands out 'exemplary': FM

  July 01, 2023 20:36 IST

  The multiplicity of taxes in the pre-GST regime resulted in a "tax-on-tax" effect, causing the same product to be taxed multiple times and hence becoming costlier for the consumers, Finance Minister Nirmala Sitharaman said at the GST Day 2023.

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  Pharma major Sigachi declares preferential issue of equity shares as Sensex

  July 01, 2023 16:26 IST

  Amid the fresh buying streak in the pharma space and overall markets hitting record highs, Sigachi Industries has approved to issue 1.1 crore convertible warrants.

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  GST revenue collection grows 12% YoY at Rs 1.61 lakh crore in June | CHECK details

  July 01, 2023 15:54 IST

  The revenues for the month of June 2023 are 12 per cent higher than the GST revenues in the same month last year.

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  CAIT calls for fresh review of GST on its 6th anniversary

  July 01, 2023 14:51 IST

  CAIT Secretary General Praveen Khandelwal said that the GST tax system should be made stable and more simplified by removing the current existing anomalies.

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  TCS won't be charged for payments using ICC during overseas visits: Finance Ministry

  July 01, 2023 14:57 IST

  The amendment reverses a May 16 notification by the ministry which omitted Rule 7 from FEM (CAT) Rules, thereby effectively including forex spend through ICCs under LRS.

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  Apple now becomes world's first $3 trillion company | DETAILS

  July 01, 2023 9:15 IST

  Apple became the first publicly traded company to close a trading day with a USD 3 trillion market value, marking another milestone for a technology juggernaut that has reshaped society with a line-up of products that churn out eye-popping profits.

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  DGCA asks airlines to prevent unauthorised cockpit entry, strictly follow rules

  June 30, 2023 23:13 IST

  The DGCA has asked the airlines to follow the rules and prevent the entry of unauthorised persons in the cockpit.