More From Economy
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CAMS IPO: Valuation, price to expectations. Key things to know before you invest
September 21, 2020 13:38 ISTThe ₹ 2,242-crore CAMS IPO will be an offer-for-sale of 1.22 crore shares by the promoters, Great Terrain Investment, NSE Investments, Warburg Pincus and Acsys Investments
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Route Mobile IPO opens with 105% premium at Rs 708 per share
September 21, 2020 11:13 ISTShares of Route Mobile, the cloud communication services provider made a strong debut on exchanges on Monday as it was listed ₹717 on BSE, a 104.86 per cent premium over its issue price of Rs 350 on NSE. Meanwhile, on BSE it listed at Rs 708, a premium of 102.29 per cent.
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HCL Technologies to acquire Australian IT solutions company DWS
September 21, 2020 10:23 ISTIn a regulatory filing, HCL Technologies said the total equity value pay-out will be 158.2 million Australian dollars (about Rs 850.33 crore) after considering a total number of shares at 131.83 million on a fully diluted basis.
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Govt to impose 5% customs duty on import of open cell for televisions from Oct 1
September 20, 2020 17:00 ISTA 5 per cent customs duty will be reimposed on the import of open cell for TVs from October 1 following the end of one year exemption period. The government had last year exempted customs duty on open cell, a kep component of TV, for a year till September 30.
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Vistara CEO says no layoffs; salary cuts to be reviewed in Jan 2021
September 20, 2020 16:21 ISTTata-SIA-owned Vistara, which has implemented various cost-saving measures amid the coronavirus pandemic, will review salary cuts in January but has not laid off any of its nearly 4,000 employees, Vistara CEO Leslie Thng said on Sunday.
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Bank of India to raise Rs 8,000 crore, gets shareholders' nod
September 20, 2020 12:27 ISTBank of India has received its shareholders approval to raise up to Rs 8,000 crore through several modes including equity shares.
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Lok Sabha passes bill to amend companies law
September 19, 2020 23:18 ISTLok Sabha on Saturday passed a bill to further amend the Companies Act and decriminalise various compoundable offences as well as promote ease of doing business in the country.
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Tata group to launch India's first CRISPR coronavirus test 'Feluda'
September 19, 2020 23:37 ISTTata group has received approval from the Drug Controller General of India (DCGI) for the commercial launch of the country's first CRISPR (Clustered Regularly Interspaced Short Palindromic Repeats) coronavirus test 'Feluda', the Council of Scientific and Industrial Research (CSIR) said on Saturday.
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Lok Sabha passes Taxation Bill that seeks to give reliefs to taxpayers amid pandemic
September 19, 2020 22:35 ISTLok Sabha on Saturday passed a taxation bill that seeks to provide various reliefs in terms of compliance requirements for taxpayers amid the coronavirus pandemic.
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Harsh Vardhan Lodha removed from ₹25,000 crore MP Birla empire
September 19, 2020 21:33 ISTThe Calcutta High Court on Friday passed its final judgment directing the removal of Harsh Vardhan Lodha from all the positions within the MP Birla Group.
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How to update Aadhaar card for children for free: All you need to know about UIDAI's Baal Aadhaar
September 19, 2020 18:50 ISTThe Aadhaar card for a child or ‘Baal Aadhaar’ will be issued free of cost. There will be no biometric data captured in case of children below 5 years of age
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Onions lying on ports in transit to all countries including Bangladesh allowed to export: Govt
September 18, 2020 23:34 ISTIndia has allowed the export of onions lying on ports in transit to all countries including Bangladesh, says sources.
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Domestic flights: AirAsia begins flights on Mumbai-Guwahati, Mumbai-Srinagar routes
September 18, 2020 21:38 ISTThe airline said the Mumbai-Guwahati flight will operate three times a week while the flight on the Mumbai-Srinagar route will operate four times a week.
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Angel Broking’s Rs 600-crore IPO to open on Sep 22; price band set at Rs 305-306
September 18, 2020 19:21 ISTAngel Broking on Friday said it will launch its initial public offering (IPO) on September 22 to raise an estimated Rs 600 crore. The company has fixed a price band of Rs 305-306 per share for its IPO, Angel Broking said in a virtual press conference.
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Here's why Google removed Paytm app from Play Store
September 18, 2020 17:35 ISTOnline payment app Paytm on Friday was pulled out from the Google's Android Pay Store. According to Google, the app will no longer be available to download till further decision by the tech giant. However, there won't be any affect on existing customers who are using the application on their Android phones.
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Sensex drops 134 points; financial stocks drag
September 18, 2020 16:06 ISTDomestic equity benchmark Sensex ended 134 points lower on Friday, dragged by losses in financial stocks amid mixed global cues.
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Gold Price Today: Gold rises Rs 224; silver gains Rs 620
September 18, 2020 15:56 ISTGold prices rose Rs 224 to Rs 52,672 per 10 grams in the national capital on Friday in line with strong international prices of the precious metal, according to HDFC Securities.
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Chingari app inks music licensing deal with T-Series
September 18, 2020 14:19 ISTAs a result of the partnership, all Chingari users in India, other Saarc nations, and in the Middle East will get access to the music collection of T-Series, the company said.
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Dr Reddy's shares extend rally; zoom nearly 10 pc
September 18, 2020 12:17 ISTShares of Dr Reddy's Laboratories jumped nearly 10 per cent in early trade on Friday after the company said it has settled a litigation with a unit of Bristol Myers Squibb related to patents for Revlimid (lenalidomide) capsules, used in the treatment of cancer. Continuing its rally for the fourth consecutive day, the stock gained 9.86 per cent to Rs 5,302.85 -- its record high level -- on the BSE.
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Amended FDI policy will enhance Ease of Doing Business: Piyush Goyal hails PM Modi's decision
September 18, 2020 11:20 ISTUnion Minister Piyush Goyal on Friday applauded Prime Minister Narendra Modi's decision to amend FDI Policy in Defence Sector. Goyal took to Twitter and said that this move will allow upto FDI up to 74% via automatic route & beyond 74% to be permitted through the Government route.
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Indian Railways modernisation will bring paradigm shift, win-win situation for everyone: Niti Aayog
September 17, 2020 17:48 ISTNational Institution for Transforming India (NITI Aayog) CEO Amitabh Kant on government objective to modernise and improve passengers expeirence on Indian Railways said the modernisation of Railways is a win-win situation for everyone.
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Walmart Foundation announces two new grants to help India's smallholder farmers
September 17, 2020 12:27 ISTWalmart Foundation, the philanthropy arm of retail major Walmart, on Thursday announced two new grants, totalling USD 4.5 million (around Rs 33.16 crore) to help improve farmer livelihoods in India.
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Happiest Minds Technologies makes bumper market debut; shares zoom over 111 pc
September 17, 2020 11:53 ISTShares of Happiest Minds Technologies Ltd were off to a flying start on domestic bourses on Thursday as they got listed with a premium of over 111 per cent against an issue price of Rs 166 per share.
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Trump says looking into Oracle-TikTok deal to ensure no compromise on security
September 17, 2020 8:09 ISTUS President Donald Trump has said he is looking into American major Oracle's reported bid for the Chinese-owned video-sharing app TikTok and want to ensure there is no compromise on national security before approving the deal.
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Bill to bring cooperative banks under RBI's supervision passed in Lok Sabha
September 16, 2020 21:54 ISTThe bill, which comes in the backdrop of the PMC Bank scam, seeks to strengthen cooperative banks by increasing their professionalism, enabling access to capital, improving governance and ensuring sound banking through the RBI.
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TikTok's global headquarters to be placed in United States to avoid Trump's ban
September 16, 2020 20:16 ISTChina's ByteDance has decided to place the headquarters of its popular video platform app TikTok in the US in order to escape President Donald Trump's ban, official media reported on Wednesday.
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Dr Reddy's Lab shares jump over 4% after Russia COVID-19 vaccine Sputnik V agreement
September 16, 2020 19:48 ISTShares of Dr Reddy's Laboratories gained over 4 per cent on Wednesday after the company and Russia's sovereign wealth fund RDIF agreed to supply 100 million (10 crore) doses of Sputnik V COVID-19 vaccine to the drug maker upon getting regulatory approval in India.
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Gold Price Today: Gold slips Rs 137; silver too declines Rs 517
September 16, 2020 16:07 ISTGold prices fell Rs 137 to Rs 53,030 per 10 gram in the national capital on Wednesday amid rupee appreciation, according to HDFC Securities.
Top News
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Bangkok pub fire kills at least 27 people; horrifying blaze caught on camera
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US launches fresh strikes against Iran as standoff over Strait of Hormuz escalates
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Middle East on edge again as US strikes on Iran's Hormozgan province, Qeshm Island leaves one dead
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Israel to hold Knesset elections on October 27. Will PM Benjamin Netanyahu get another term?
Latest News
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Bangkok pub fire kills at least 27 people; horrifying blaze caught on camera
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Muzammil Ibrahim shares clarification after old interview about dating Deepika Padukone goes viral
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US launches fresh strikes against Iran as standoff over Strait of Hormuz escalates
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Imtiaz Ali's daughter Ida Ali gets engaged to boyfriend Krish Agarwal, shares proposal video
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Middle East on edge again as US strikes on Iran's Hormozgan province, Qeshm Island leaves one dead
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Living alone in Dubai, 23-year-old Indian woman reflects on the emotional cost of moving abroad
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Daughter returns from Germany after four years, leaves mother in tears with two gold jewellery sets
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Amid Mumbai rains, man finds hungry stray dog hiding inside flooded building. Video goes viral
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AC coach or bar? Viral video shows men mixing drinks on moving train; Railways responds
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Stray bull climbs onto shop roof to escape heavy rain in Muzaffarnagar, falls during dramatic rescue