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  Burger King India's stocks hit upper circuit again

  December 15, 2020 13:53 IST

  Burger King India's stock got listed on Indian bourses on Monday and on the debut day itself it opened on a premium of over 87 per cent over the IPO price at Rs 112.50.

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  Mrs Bectors Food Specialities IPO off to flying start; subscribed 1.57 times within first few hours

  December 15, 2020 13:42 IST

  The initial public offer of Mrs Bectors Food Specialities was subscribed 1.57 times within the first few hours of opening of bidding on Tuesday. This is the second initial public offer this month to have received over subscription in the first few hours itself after Burger King India.

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  ASSOCHAM sys farmers' protest resulting in daily loss of Rs 3500 crore

  December 15, 2020 13:20 IST

  According the ASSOCHAM rough estimates, a daily loss of Rs.3,000 crores to 3,500 crores is resulting in economies of the region from the value chain and transport disruption because of protests.

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  Jio blames Airtel, VI for spreading rumours leading to port out requests, writes to TRAI

  December 15, 2020 11:35 IST

  Reliance Jio has approached the telecom regulator, saying that its rivals Bharti Airtel and Vodafone India have resorted to "unethical" means and have spread "false" rumours that the Mukesh Ambani-led company will benefit from the recent farm bills.

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  Commercial LPG price hiked by Rs 50; here's how much it will cost in Delhi, Mumbai and Kolkata

  December 15, 2020 19:03 IST

  The price of Liquefied Petroleum Gas (LPG) gas cylinders hiked again. The price of a 14.2 kg LPG cylinder for domestic use increased by Rs 50. Similarly, the price of 5 kg short-cylinder has been increased by Rs 18 and the price of a 19 kg cylinder has been increased by Rs 36.50. In the last 15 days, price of cylinders were hiked twice by Rs 100.

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  Google extends work from home policy till September 2021

  December 15, 2020 11:31 IST

  Google has allowed its employees to work from home till September 2021. Google is in the process of laying out a series of changes that will affect how its staff and people at other tech companies will work after the pandemic.

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  Burger King India makes remarkable market debut; shares jump nearly 131%

  December 14, 2020 17:51 IST

  In a remarkable market debut, shares of Burger King India on Monday zoomed nearly 131 per cent against its issue price of Rs 60. The stock opened at Rs 115.35, a huge premium of 92.25 per cent against the issue price on the BSE.

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  Air India disinvestment: Group of 219 employees submit expression of interest

  December 14, 2020 17:46 IST

  A group of 219 employees of Air India along with a private financial institution have submitted an expression of interest (EOI) for the national carrier. 

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  WPI inflation at 9-month high of 1.55% in November on costlier manufactured items, food prices ease

  December 14, 2020 17:22 IST

  ​The wholesale price-based inflation rose to a 9-month high of 1.55 per cent in November on costlier manufactured items, even as food prices cooled. The WPI inflation was 1.48 per cent in October 2020 and 0.58 per cent in November last year.

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  Gold Price Today: Gold declines Rs 460; silver falls Rs 629    

  December 14, 2020 16:20 IST

  Gold prices fell Rs 460 to Rs 48,371 per 10 gram in the national capital on Monday on a weak global trend, according to HDFC Securities.

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  Sensex jumps 154 pts to fresh record; Nifty tops 13,550

  December 14, 2020 16:12 IST

  Equity benchmark Sensex climbed 154 points to end at a fresh all-time high on Monday, tracking gains in ICICI Bank, L&T and Kotak Bank amid persistent foreign fund inflows and a largely positive trend in global markets.

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  WPI inflation at 9-month high of 1.55 pc in Nov on costlier manufactured items, food prices ease

  December 14, 2020 12:59 IST

  The wholesale price-based inflation rose to a 9-month high of 1.55 per cent in November as manufactured products turned costlier, while food prices eased. The WPI inflation was 1.48 per cent in October 2020 and 0.58 per cent in November last year.

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  Biscuit maker Mrs Bectors Food's Rs 540-cr IPO to open on December 15

  December 14, 2020 11:50 IST

  Bread and biscuits maker Mrs Bectors Food Specialities is planning to hit the capital markets mid next week to raise around Rs 450-500 crore to fund the company's brownfield expansion of Rajpura manufacturing unit in Punjab.

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  Rupee rises 5 paise to 73.59 against US dollar in early trade

  December 14, 2020 11:22 IST

  The rupee strengthened by 5 paise to 73.59 against the US dollar in opening trade on Monday, supported by foreign portfolio inflows and strong opening in domestic equities.

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  Burger King India makes remarkable market debut; shares jump over 92%

  December 14, 2020 12:12 IST

  Shares of Burger King India on Monday zoomed over 92 per cent in its debut trade against its issue price of Rs 60. The stock opened at Rs 115.35, a huge premium of 92.25 per cent against the issue price on the BSE. It later rose to a high of Rs 119.80, up 99.66 per cent.

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  Tata Group in fray to acquire Air India, to file expression of interest today

  December 14, 2020 10:45 IST

  The government has been trying for two years to divest Air India. It wants to divest 100 per cent stake in Air India and budget carrier AI Express, and sell its 50 per cent share in Air India SATS Airport Services.

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  Sensex rises over 250 points to record peak in early trade; Nifty above 13,550

  December 14, 2020 10:04 IST

  In the previous session, Sensex ended 139.13 points or 0.30 per cent higher at 46,099.01, while Nifty rose 35.55 points or 0.26 per cent to 13,513.85.

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  Burger King India shares to be listed on BSE, NSE today

  December 14, 2020 9:42 IST

  Burger King India, which recently concluded its Rs 810-crore initial public offering, will make its debut on the stock exchanges on Monday.

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  Policy of reserved tickets on express trains to stay for now: Railways

  December 13, 2020 22:39 IST

  The Indian Railways on Sunday refuted claims about issuance of unreserved tickets, saying that there has been no change in policy to run all Express trains, including festival specials and clone specials, as fully reserved trains only, by issuing reserved tickets for second class coaches coaches and passenger portion of SLRs coach.

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  'Yes Bank aims to double credit card customer base in 2 yrs, grow book by 4-times'

  December 13, 2020 20:43 IST

  Private sector Yes Bank is looking to build a brand around its credit card business and aiming to double its customer base in the segment in the next two years, the Head of its Credit Card Business Rajanish Prabhu has said.

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  RBI to set up Automated Banknote Processing Centre in Jaipur

  December 13, 2020 17:29 IST

  With a view to effectively deal with increasing circulation of banknotes, the Reserve Bank of India (RBI) has decided to set up an Automated Banknote Processing Centre (ABPC) in Jaipur for receipt, storage and dispatch of currency notes. 

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  With focus on tier-2 cities, Big Bazaar aims to have 300 hypermarket stores in next 3 quarters

  December 13, 2020 16:45 IST

  ​Country's leading hypermarket chain Big Bazaar, which has its presence in over 100 cities across the country, is planning to open 16 more stores to take the overall count to 300 over the next three quarters, a company official has said.  

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  GST taxpayers to get flexibility to decide on monthly tax payment

  December 13, 2020 16:11 IST

  Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis without having to go through the cumbersome process of filing tax returns on a monthly basis.

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  New rule for cheque payments from January 1. All you need to know

  December 13, 2020 14:52 IST

  RBI governor Shaktikanta Das had earlier announced that ‘positive pay system’ for cheque will be introduced soon, under which re-confirmation of key details will be needed for payments beyond ₹50,000.

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  Good News For Exporters! Gems, jewellery now can be couriered globally

  December 13, 2020 14:50 IST

  The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular clarifying that extant regulations do not restrict exports of gems and jewellery through the courier mode and such restrictions only apply to imports.

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  RTGS services to be available 24X7 from tonight. Details here

  December 13, 2020 12:48 IST

  RTGS, which started on March 26, 2004 with a soft launch involving four banks, presently handles 6.35 lakh transactions daily for a value of Rs 4.17 lakh crore across 237 participant banks.

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  EPFO likely to credit 8.5% interest on EPF by this month, 6 cr subscribers to get benefited

  December 13, 2020 12:06 IST

  A highly placed source told PTI that the Labour Ministry has sent a proposal to the Finance Ministry to give concurrence to credit 8.5 per cent rate of interest on EPF for 2019-20 earlier this month.

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  M-cap of eight of top-10 most valuable firms zoom Rs 1.53 lakh cr

  December 13, 2020 11:43 IST

  Eight of the top-10 most valuable firms together added Rs 1,53,041.36 crore in market valuation last week in line with a bullish broader market trend, with Hindustan Unilever Ltd and Reliance Industries Ltd becoming the biggest gainers.