• Sebi not to take action on complaints without supporting documents, identity disclosure

    Sebi not to take action on complaints without supporting documents, identity disclosure

    Business | December 06, 2019 14:25 IST

    Markets regulator Sebi said it will entertain only those complaints, where an investor discloses his identity and provides supporting documents to substantiate an allegation. The Securities and Exchange Board of India (Sebi) in a statement said, it will not take any action on complaints, where it is not able to reach back to the complainants.

  • Ahead of fund raising plan, Moody's shocker for Yes Bank

    Ahead of fund raising plan, Moody's shocker for Yes Bank

    Business | December 05, 2019 19:05 IST

    The bank has been finding the going tough since August last year, after the RBI refused to clear the reappointment of co-promoter and chief executive Rana Kapoor on concerns around corporate governance and poor lending practices.

  • India's mfg sector activity growth inches up in Nov; but

    India's mfg sector activity growth inches up in Nov; but remains subdued

    Business | December 02, 2019 12:17 IST

    According to the survey, growth of manufacturing activity in November was supported by the launch of new products and better demand, though restrained by competitive pressures and unstable market conditions.

  • AAI recommends Centre to privatise 6 airports including Amritsar, Varanasi

    AAI recommends Centre to privatise 6 airports including Amritsar, Varanasi

    Business | December 01, 2019 15:57 IST

    "As six airports have already been privatised in February this year, the AAI in its board meeting on September 5 decided to privatise six more airports: Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy," a senior government official told PTI.

  • Core sector output shrinks 5.8 per cent in October

    Core sector output shrinks 5.8 per cent in October

    Business | November 29, 2019 18:03 IST

    Production of cement (- 7.7 per cent), steel (- 1.6 per cent), and electricity (- 12.4 per cent) also declined during the month. The only sector that posted growth in October was fertilizers where production increased by 11.8 per cent year-on-year.

  • TVS Motor sets up first flagship outlet in Guatemala

    TVS Motor sets up first flagship outlet in Guatemala

    Business | November 29, 2019 15:54 IST

    On the opening of the new outlet, CADISA senior director Lic. Jorge Siekavizza was quoted as saying: "We at CADISA are happy to commence this partnership with the inauguration of flagship showroom in Gautemala city. We will follow this with two more flagship stores and support with end-to-end service, spare and support."

  • Onion prices remain high, soar to Rs 110/kg in Panaji

    Onion prices remain high, soar to Rs 110/kg in Panaji

    Business | November 28, 2019 21:39 IST

    The stock holding limit was imposed in September. At present, retailers can stock onion only up to 100 quintals and wholesale traders are allowed to keep up to 500 quintals. Food and Consumer Affairs Minister Ram Vilas Paswan on Wednesday had asserted that the government was making maximum efforts to control prices.

  • Parliament passes chit funds bill

    Parliament passes chit funds bill

    Business | November 28, 2019 17:23 IST

    The maximum commission for foreman, who is responsible for managing the chit, is proposed to be raised from 5 per cent to 7 per cent. The bill also allows the foreman a right to lien against the credit balance from subscribers.

  • Axis Bank betting big on Fastags

    Axis Bank betting big on Fastags

    Business | November 27, 2019 21:49 IST

    Rival Kotak Mahindra Bank has also announced free tags till December 1 with a similar limited period offer, an official statement said, while an HDFC Bank official said the lender has waived off the processing charges of Rs 100 till December 31.

  • Trai moots idea of tariff calculator, more transparent disclosures

    Trai moots idea of tariff calculator, more transparent disclosures

    Business | November 27, 2019 21:25 IST

    The consultation paper from Trai has been issued when telecom operators have announced their plan to raise tariffs. The regulator has floated a proposal to ask telecom operators to retain details of old plans, while they publish information around new plans.

  • SAIL asks units to improve efficiency, reduce production

    SAIL asks units to improve efficiency, reduce production cost

    Business | November 27, 2019 21:25 IST

    All the plants and units of the company are working on a mission mode to reduce the cost of production with the guiding principle 'Do More With Less'," SAIL Chairman Anil Kumar Chaudhary said in a statement.

  • Nanda Kambhatla is the new head of Adobe's research team in India. Kambhatla Symphony AI

    Adobe appoints Nanda Kambhatla to head India research team

    Business | November 27, 2019 12:33 IST

    Software giant Adobe on Wednesday announced it has appointed Nanda Kambhatla to head the Adobe Research team in India. Based out of Bengaluru, Kambhatla will lead Adobe's research initiatives in the region, including Artificial Intelligence (AI), Natural Language Processing (NLP), Machine Learning (ML), Big-Data Analytics and Insight, and Content Intelligence technologies.

  • Representative image

    Gold futures fall Rs 86 at Rs 38,207 per 10 gm

    Business | October 28, 2019 17:54 IST

    Gold futures traded lower by Rs 86 at Rs 38,207 per 10 gm on Monday as speculators reduced their positions even as the metal gained overseas. On the Multi Commodity Exchange (MCX), gold contracts for December delivery traded lower by Rs 86, or 0.22 per cent, at Rs 38,207 per 10 gm in 16,468 lots.

  • Yes Bank shares gain over 8 per cent on fresh investment

    Yes Bank shares gain over 8 per cent on fresh investment buzz

    Business | October 07, 2019 19:18 IST

    Shares of Yes Bank rallied over 8 per cent on Monday on prospects of fresh investments in the company. Shares of the private sector lender settled 8.19 per cent higher at Rs 45.60 on the BSE. Intra-day, the stock gained as much as 10.79 per cent at Rs 46.70.

  • RBI asks bankers to expand digital payments ecosystem

    RBI asks bankers to expand digital payments ecosystem

    Business | October 07, 2019 19:10 IST

    The Reserve Bank of India on Monday directed all state-level bankers' committees to find out one district each on a pilot basis to expand digital payments ecosystem.

  • income tax rate cut

    Modi govt likely to bring ordinance to cut tax rates for individuals

    India | September 24, 2019 21:38 IST

    Tax bonanza for individuals could be on cards as the Modi government is planning to slash existing tax rates for individual taxpayers in an effort to boost demand. The news comes after task force on direct taxes recommended revising income tax slabs.

  • How SpectraVerse creates platform to connect persons with

    Meet Shaurya Sinha, founder of SpectraVerse

    Business | September 18, 2019 22:06 IST

  • Submit pending dues from HDIL by September 8, NCLT to

    Submit pending dues from HDIL by September 8, NCLT to lenders

    Business | August 31, 2019 16:24 IST

    HDIL shares traded at Rs 5.84 apiece on BSE at 3 p.m. On August 21, its shares had plunged a huge 20 per cent to hit an all-time low of Rs 8.78 on the BSE, its highest daily percentage loss since October 2008, after the real estate firm was admitted under the provisions of Insolvency and Bankruptcy Code (IBC). HDIL shares have plunged further since then. 

  • Sail stake sale deadline extended

    SAIL extends deadline again to submit bid for 3 assets

    Business | August 27, 2019 18:53 IST

    Steel Authority of India Ltd has extended the deadline to submit bids for stake sale in its three assets to September 10, 2019. The last date for submission of EoIs for its three plants was August 1, which was later extended to August 20, 2019.

  • Business news round-up on Friday, August 23.

    From FPIs surcharge to good news for Auto sector: Top business headlines at this hour

    Business | August 23, 2019 19:07 IST

    Following are the top business stories of Friday, August 23. Nirmala Sitharaman's much-awaited announcement on FPI surcharge is finally here along with some good news for Auto sector that was witnessing its worst crisis in decades. IndiaTvNews.com brings to you the business news round-up of the day.

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