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  Supreme Court to set up 25 special courts to study 33 lakh pending cheque bounce cases

  May 20, 2022 16:18 IST

  The 25 special courts would come up in five districts of Maharashtra, Rajasthan, Gujarat, Delhi, and Uttar Pradesh where the pendency of the cheque bounce cases is the highest. The bench said it would take a further call to expand it across the country after evaluating its one-year performance.

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  Fashion start-up Zilingo sacks Indian-origin CEO Ankiti Bose after after forensic audit

  May 20, 2022 13:25 IST

  Ankiti Bose has lawyered up and disputed allegations of wrongdoing. She further contended that her suspension was due in part to her complaints about harassment.

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  Provide option of cardless cash withdrawal at ATMs: RBI to banks

  May 20, 2022 12:42 IST

  RBI said that the National Payments Corporation of India (NPCI) has been advised to facilitate Unified Payments Interface (UPI) integration with all banks and ATM networks.

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  Road rage case: Navjot Singh Sidhu surrenders before Patiala court

  May 20, 2022 16:11 IST

  Navjot Singh Sidhu, 58, was sentenced to one-year rigorous imprisonment in a 1988 road-rage case by the Supreme Court.

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  GST Council recommendations not binding on Centre, states: Supreme Court

  May 20, 2022 8:42 IST

  The Supreme Court observed that GST Council is not merely a constitutional body restricted to the indirect tax system in India but is also an important focal point to foster federalism and democracy.

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  Rakesh Jhunjhunwala-backed Akasa Air's launch may be delayed further

  May 19, 2022 19:31 IST

  The Mumbai-based airline, Akasa Air, received the mandatory no-objection certificate from the civil aviation ministry in October last year. Once the aircraft is inducted, then the airline has to conduct a set of successful proving flights.

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  Indonesia to lift ban on palm oil export from May 23

  May 19, 2022 18:17 IST

  Pressure on the global supply of cooking oil has increased because of the war in Ukraine, which accounts for nearly half of the world’s sunflower oil on top of the 25% from Russia.

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  Rupee slumps 10 paise to close at all-time low of 77.72/USD

  May 19, 2022 17:47 IST

  At the interbank foreign exchange market, the rupee opened lower at 77.72 against the greenback and finally settled for the day at 77.72, down 10 paise over its previous close.

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  Alibaba, Antfin sell entire 43% stake in Paytm Mall for Rs 42 crore

  May 19, 2022 16:39 IST

  According to the filing, Paytm E-commerce, the parent firm of Paytm Mall, bought a 28.34 percent stake in Alibaba and a 14.98 percent stake held by Antfin (The Netherlands).

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  Sensex, Nifty fall 2.60% each; IT, metal drag amid global market rout

  May 19, 2022 16:09 IST

  Sensex dived 1,416.30 points or 2.61 per cent to settle at 52,792.23 while Nifty tanked 430.90 points or 2.65 per cent to end at 15,809.40.  

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  Supreme Court dismisses plea to review decision on removal of Cyrus Mistry as Tata Sons head

  May 19, 2022 12:45 IST

  A bench headed by Chief Justice NV Ramana, however, ordered the deletion of certain remarks made against Cyrus Mistry in the March 2021 verdict.

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  Ruchi Soya renamed as Patanjali Foods, to acquire Patanjali Ayurved’s food retail business

  May 19, 2022 12:42 IST

  Ruchi Soya said that it has entered into a 'Business Transfer Agreement' with Patanjali Ayurved Ltd to acquire the food retail business of the latter.

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  Delhivery IPO allotment today: Check direct links, latest GMP and more

  May 19, 2022 11:16 IST

  Delhivery IPO allotment/subscription status will be available on the BSE website and the official registrar's website Link Intime Private Limited.  

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  BPCL disinvestment: Govt's privatisation plan on the backburner as bidders walkout

  May 19, 2022 10:51 IST

  The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd.

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  ITC share gains over 4% to hit 52-week high; to pay Rs 6.25 dividend

  May 19, 2022 10:06 IST

  ITC shares price hit a fresh 52-week high of Rs 279 on the NSE on Thursday. ITC has announced to pay a dividend of Rs 6.25.

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  IndiGo names 52-year-old Pieter Elbers as new CEO

  May 19, 2022 9:44 IST

  Elbers' appointment, which is subject to regulatory approvals, will be effective from on or before October 1, it said.

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  Sensex crashes 1,500 points, Nifty below 15,800

  May 19, 2022 16:15 IST

  Sensex and Nifty fall sharply on Thursday in line with an extremely weak trend in the global markets.

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  IOC bonus share to be paid in ratio of 1:2, Check record date here

  May 19, 2022 9:58 IST

  IOC bonus share, IOC dividend record date 2022: Indian Oil Corporation has said that the record date for bonus shares is July 1.

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  Wall Street dives as Target cracks 25%; Dow sinks 1,000 points, Nasdaq 4.73%

  May 19, 2022 13:40 IST

  Target Corporation, a component of the S&P 500 Index, plunged 24.93%, crashing the most since 1987's Black Monday.

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  GST on online gaming, casinos, race course likely to be increased to 28 per cent

  May 19, 2022 18:43 IST

  At present, services of casinos, horse racing and online gaming attract 18 per cent GST.

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  Rupee falls 16 paise to record low of 77.60 against USD

  May 18, 2022 17:58 IST

  Crude oil prices also surged by over 1 per cent, which weighed on the rupee. The local unit finally ended at its all-time low of 77.60, showing a loss of 16 paise over its previous close of 77.44.

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  BPCL disinvestment: Govt revisits privatisation decision, plans to sell 20-25% instead of full stake

  May 18, 2022 13:07 IST

  A Reuters report said that the government is considering inviting bids for a 20 to 25 per cent stake in BPCL.

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  Bharti Airtel Q4 profit zooms to Rs 2008 crore, announces Rs 3 dividend

  May 18, 2022 10:53 IST

  Airtel has recommended a dividend of Rs 3 per equity share for the financial year 2021-22.

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  LIC is now fifth most valuable Indian company: Check complete list

  May 18, 2022 10:56 IST

  The government sold over 22.13 crore shares or a 3.5 per cent stake in LIC through the IPO. It fetched Rs 20,557 crore.

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  PM Modi says 5G technology will contribute $450 billion to Indian economy

  May 17, 2022 18:46 IST

  Underscoring the role of the telecom sector in the progress of the country, he also said that by the end of this decade, the country will be able to launch 6G services of its own.

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  Sensex, Nifty rally more than 2.50% each; Rupee plunges to all-time low

  May 17, 2022 16:25 IST

  The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing with gains. During the day, it jumped 1,425.58 points or 2.69 per cent to 54,399.42.

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  'Twitter deal can't go forward unless...': Elon Musk

  May 17, 2022 15:23 IST

  Elon Musk also said that he is very likely to pay less for Twitter than his $44 billion offer made last month. 

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  Govt allows exporting wheat consignments registered with customs before ban order

  May 17, 2022 16:04 IST

  The government has also allowed a wheat consignment headed for Egypt, which was already under loading at the Kandla port.