More From Economy
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TCS to invest Rs 690 crore for Innovation Park in Kochi
September 17, 2021 19:08 ISTIn a big boost to the Kerala government's bid to attract investment, leading IT services provider Tata Consultancy Services (TCS) has agreed to invest Rs 690 crore to set up an Innovation Park in Kochi.
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Vodafone Idea to opt for equity conversion during moratorium
September 17, 2021 15:22 ISTVodafone Idea would opt for the equity conversion for interest payout during moratorium period.
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Petrol, diesel under GST? FM Nirmala Sitharaman deliberates in key meet
September 17, 2021 13:15 ISTThe GST Council meeting is currently underway in Lucknow. It is being presided over by Finance Minister Nirmala Sitharaman.
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Petrol, diesel prices and food delivery apps - What will be on agenda of GST Council meet today
September 17, 2021 12:11 ISTThe GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items.
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Sensex rallies 356 points to new record high of 59,550; Nifty nears 17750
September 17, 2021 13:50 ISTDomestic equity market benchmarks BSE Sensex and Nifty 50 were trading at fresh record high levels on Friday.
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Biocon Biologics to offer 15% stake to Serum Institute Life Sciences at valuation of USD 4.9 bn
September 16, 2021 23:02 ISTBiocon Biologics, a subsidiary of Biocon, on Thursday said it will offer around 15 per cent stake to Serum Institute Life Sciences at a post-money valuation of about USD 4.9 billion. Serum Institute Life Sciences (SILS) is a subsidiary of Serum Institute of India (SII).
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Festive bonanza: Bank of Baroda cuts interest rates on home loan, auto loan by 0.25%
September 16, 2021 20:50 ISTThe bank's home loan rates start at 6.75 per cent and car loan rates at 7 per cent. It has also waived off processing fee on home loans.
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Govt approves Rs 30,600 cr sovereign guarantee to operationise bad bank
September 16, 2021 20:02 ISTThe government guarantee will allow banks to transfer their non-performing assets (NPAs) to NARCL, which will buy the stressed assets on payment of 15 per cent of the amount in cash and the balance 85 per cent in security receipts.
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Byju's acquires US-based coding platform Tynker
September 16, 2021 19:32 ISTContinuing its aggressive acquisition spree, Byju's on Thursday said it will acquire K-12 creative coding platform Tynker for an undisclosed amount, as the edtech major looks to further consolidate its presence in the US market.
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Vodafone Idea shares zoom nearly 28% after reforms announcement
September 16, 2021 17:59 ISTAt the NSE, stock rallied 27.93 per cent to close at Rs 11.45. Vodafone Idea had gained 2.76 per cent in the previous trade also.
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Sensex surges 417 points to close at new peak of 59,141; Nifty up 110 points to record 17,629
September 16, 2021 16:10 ISTBSE Sensex and NSE Nifty50 made new record highs on Thursday. The Sensex crossed the 59,000 mark, while Nifty breached the 17,600 level.
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Festive bonanza: SBI announces home loan of any amount at 6.70%
September 16, 2021 15:44 ISTSBI is offering home loans of any amount at 6.70 per cent. The offer is also applicable to balance transfer cases.
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GST Council meeting in Lucknow on Friday
September 16, 2021 14:39 ISTNirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow on Friday.
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India expected to grow at 7.2% in 2021 but economic growth could decelerate next year: UN report
September 16, 2021 11:16 ISTThe UN report said that India suffered a contraction of 7 per cent in 2020 and is expected to grow 7.2 per cent in 2021.
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Sensex rises 150 points to hit fresh record in early trade; Nifty above 17,560
September 16, 2021 10:24 ISTThe 30-share Sensex was trading 152.58 points or 0.26 per cent higher at 58,875.78. Similarly, Nifty advanced 50.30 points or 0.29 per cent to 17,569.75 in initial deals.
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Hind Copper OFS 2021: Hindustan Copper Offer For Sale to open on Friday for retail investors
September 16, 2021 9:06 ISTHind Copper OFS, Hindustan Copper Offer For Sale: Hindustan Copper OFS for retail investors will open on Friday. The floor price is Rs 116 apiece.
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Govt to sell 5% stake in Hindustan Copper via OFS
September 15, 2021 21:03 ISTThe OFS will take place on Thursday and Friday through a separate, designated window of the BSE Ltd and NSE, Hindustan Copper said in a filing to BSE.
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Govt receives financial bids for Air India disinvestment; Tatas among suitors
September 15, 2021 17:59 ISTThe government on Wednesday said it has received multiple financial bids for buying national carrier Air India. Meanwhile, a Tata Sons spokesperson told PTI that it has put in a bid for the airline.
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Sensex rallies 476 points to end at new lifetime high of 58,723; Nifty rises 139 points
September 15, 2021 16:19 ISTThe 30-share index settled 476.11 points or 0.82 per cent higher at 58,723.20. It touched an intra-day record of 58,777.06.
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Cabinet approves 4-year moratorium for telcos; 100% FDI allowed in telecom sector
September 15, 2021 21:21 ISTUnion Cabinet approves 4-yr moratorium on payment of statutory dues by telcos; telcos to pay interest on moratorium period.
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IPO market poised to make record: 28 companies raise Rs 42,000 crore, 70 more coming soon
September 15, 2021 14:40 ISTIPOs that have made a stellar debut this year include brands like Zomato, Tattva Chintan Pharma, Glenmark Lifescience, etc.
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Tata Steel commissions India's first plant for CO2 capture from blast furnace gas
September 15, 2021 8:59 ISTTata Steel has commissioned a carbon capture plant at its Jamshedpur Works. Tata Steel will reuse the captured CO2 on site to promote circular carbon economy.
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Petrol, diesel under GST? Decision on Friday
September 14, 2021 17:47 ISTThe GST Council might on Friday consider taxing petrol, diesel and other petroleum products under the single national GST regime, a move that may require huge compromises by both central and state governments on the revenues they collect from taxing these products.
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Tata Capital launches ‘Loan Against Mutual Funds’
November 08, 2021 10:56 ISTTata Capital’s digital loan offering is provided against a wide range of equity and debt schemes across mutual funds.
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Can real estate investment be a profitable bet?
September 14, 2021 13:30 ISTThe real estate sector is divided into four sub-sectors -- housing, retail, hospitality and commercial. It is the second-highest employment generator, after agrarian.
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Zomato co-founder Gaurav Gupta resigns, says, 'time to take an alternate path in my journey'
September 14, 2021 18:23 ISTGupta's exit comes days after Zomato decided to stop its grocery delivery service from September 17, mainly due to gaps in order fulfilment, leading to poor customer experience.
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WPI inflation rises to 11.39 per cent in August; food prices soften
September 14, 2021 12:58 ISTInflation in food articles eased for the fourth straight month, recording (-) 1.29 per cent in August, from zero per cent in July, even as onion and pulses prices spiked.
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Godawari Power share split, bonus announced; Check details
September 14, 2021 12:26 ISTGodawari Power Srock Split, Godawari Power Share Price: Godawari Power & Ispat share price hit the upper circuit after the company announced stock split and bonus.
Top News
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Two dead, several trapped after landslide buries houses in Mumbai's Ghatkopar, rescue ops underway
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Trump aide's big hint on Russian oil 100% tariff issue: 'President, PM Modi have good relationship'
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Trump admits to switching planes in Turkey due to Iranian threat: 'I go by Secret Service'
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FSSAI issues new rules for pan masala packaging, bans plastic, aluminium foil packets
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Indian Railways loco pilot sees dirty Tricolour on engine, his next move becomes a patriotic moment
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CBSE 12th Compartment scorecard via UMANG App; know how to download
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Abishek Porel's case deferred to September 14 as government seek more time from Calcutta High Court
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SBI is hiring for 1538 clerk posts; apply now at sbi.bank.in
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Indian Railways loco pilot sees dirty Tricolour on engine, his next move becomes a patriotic moment
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Indian traveller asks Japan store to reheat food, owner calls police after learning his nationality
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'I started shouting at him': Delhi woman books Rapido bike, driver turns up in a car instead
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'Seedha nikal ab yahan se': Hyderabad woman confronts man posing as Rapido driver near Charminar
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Senorita becomes 'Babita' as singer gives Bollywood hit a Haryanvi twist