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  Salil Parekh reappointed as CEO, MD of Infosys for 5 years

  May 22, 2022 17:17 IST

  This is based on the recommendations of the Nomination and Remuneration Committee (NRC) and subject to the approval of shareholders.  

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  GST Council may consider modification in monthly tax payment form for better ITC reporting

  May 22, 2022 12:34 IST

  A meeting of the Goods and Services Tax (GST) Council, the highest decision-making body in the GST matter, is likely to be held next month.

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  Davos set to host WEF Annual Meeting 2022 again, Ukraine crisis, climate change key focus

  May 22, 2022 12:07 IST

  The high-profile annual powwow of rich and powerful from across the world will begin with a welcome reception on May 22 and will continue till May 26.

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  Day after cut in excise duty, petrol cheaper by over Rs 8, diesel by Rs 7 per litre | Revised rates

  May 22, 2022 10:48 IST

  In the national capital, the excise duty cut will result in a reduction of Rs 9.5 a litre on petrol in Delhi and Rs 7 a litre in diesel after taking into account its impact on other levies.

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  Paytm forms joint venture general insurance firm; reappoints Vijay Shekhar Sharma as MD & CEO

  May 21, 2022 18:21 IST

  The proposal to set up a joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.

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  Paytm FY22 results: Revenue jumps 77% to Rs 4,974 cr, losses reduce 8% to Rs 1,518 cr

  May 21, 2022 20:34 IST

  In Q4 alone, the company's revenue grew 89% on a year-on-year basis to Rs 1,541 crore, while EBITDA (before ESOPs) for the quarter improved 12 per cent year-on-year.

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  IT stocks in bear grip: Is it good time to buy tech stocks for higher return - Experts speak

  May 21, 2022 19:48 IST

  IT Stocks To Buy, IT Stocks NSE, Recession 2022 News: Indian IT companies are witnessing supply-side pressures, fall in demand amid macro headwinds in the western nations which include factors like interest rates that causes decline in profits, revenue or sales and growth.

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  NSE co-location scam: CBI launches search operation in multiple cities

  May 21, 2022 12:52 IST

  CBI has kept the probe open into allegations of preferential access granted to certain brokers by NSE officials and undue gains made out of it during tenure of Ramkrishna and Subramanian.

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  CNG dearer by Rs 2 per kg in Delhi; hike in NCR, other cities too. Check revised rates

  May 21, 2022 10:49 IST

  City gas distributors have been periodically raising prices since October last year, when domestic as well as international gas prices started to climb as economies the world over recovered from the pandemic-induced slowdown.

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  Zydus Lifesciences Q4 profit declines 41% to Rs 397 cr

  May 20, 2022 20:57 IST

  The company had posted a consolidated net profit of Rs 679 crore in the same quarter of previous fiscal year, Zydus Lifesciences said in a regulatory filing.  

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  Jet Airways one step closer to the sky! DGCA allows airlines to resume commercial flight ops

  May 20, 2022 18:37 IST

  With DGCA officials onboard, the airline had successfully operated five proving flights on May 15 and 17.

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  Markets rebound after heavy decline in previous trade; Sensex, Nifty rally nearly 3%

  May 20, 2022 17:25 IST

  The 30-share BSE Sensex rallied 1,534.16 points or 2.91 percent to settle at 54,326.39. During the day, it zoomed 1,604.2 points or 3.03 percent to 54,396.43.

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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.