Business News India
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Co-living player Housr acquires StayAbode to expand biz
Business | Jun 30, 2022, 12:42 PM ISTThe acquisition is a part of Housr's expansion plan to reach 12,000 beds by March 2023 with a combination of Housr co-living and Housr homes (rental managed homes).
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Saraf Furniture to hire 500 LGBTQ+ individuals
Business | Jun 10, 2022, 02:37 PM ISTLast year too, the company had announced hiring 250 individuals from the LGBTQ+ community. It hired 234 individuals, of which 198 were retained and are working with the company, it said.
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BharatPe puts behind Ashneer Grover episode, posts record growth
Business | Apr 10, 2022, 11:50 AM ISTBharatPe, which allows shop owners to make digital payments through QR codes, is now in 225 cities and has over 8 mn merchants onboard.
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IPO fundraising at highest ever in 2021-22
Business | Mar 27, 2022, 02:26 PM ISTIPOs from new age loss-making technology startups, strong retail participation and huge listing gains were the other key highlights of 2021-22.
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Big boost to infra investment as govt clears National Land Monetisation Corporation
Business | Mar 09, 2022, 02:23 PM ISTNLMC will be set up as a wholly-owned govt of India company with an initial authorized share capital of Rs 5,000 cr and paid-up share capital of Rs 150 cr, an official statement said.
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NSE fraud: Anticipatory bail plea of Chitra Ramakrishna dismissed
Business | Mar 05, 2022, 02:57 PM ISTRamakrishna, through her counsel, had approached the court seeking relief from her arrest. Her plea was opposed by the prosecution. After hearing the argument of defense and the prosecution, the court dismissed the plea.
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Airtel to spend Rs 1.17 lakh crore on various businesses with subsidiaries over a period of 5 years
Business | Feb 06, 2022, 02:43 PM ISTBharti Airtel will invest up to Rs 17,000 cr on transactions with Indus Towers in next 4 financial years and Rs 20,000 cr in 2025-26, the filing said on Feb 5.
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Mukesh Ambani's latest buy: A Rolls Royce costing Rs 13.14 crore
Business | Feb 05, 2022, 01:29 PM ISTThe car, a Rolls Royce Cullinan petrol model, was registered by RIL at the Tardeo Regional Transport Office in South Mumbai on Jan 31, officials aware of the matter said.
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Facebook stock tumbles 25%; Mukesh Ambani, Gautam Adani wealthier than Mark Zuckerberg
Business | Feb 04, 2022, 11:18 AM ISTConsequent to the bloodbath, Zuckerberg personally lost 23.34 pc of his net worth. At $87.7 bn, he slipped to No 12 in the Forbes real-time billionaires index- marginally behind India's Mukesh Ambani and Gautam Adani.
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Budget 2022: Centre allocates Rs 73,000 crore to MGNREGA, 25.51% lower than 2021-22 revised estimate
Business | Feb 02, 2022, 11:04 AM ISTFM Nirmala Sitharaman had allocated Rs 73,000 cr for Mahatma Gandhi National Rural Employment Guarantee Programme in last year's budget too. However, this was later revised to Rs 98,000 cr on account of higher demand for the work.
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Budget 2022: Rajnath Singh welcomes announcement for defence sector
Business | Feb 01, 2022, 02:33 PM ISTDefence Minister also welcomed FM Nirmala Sitharaman's announcement that 68 pc of the defence capital procurement budget would be allocated towards procurement from domestic industry.
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Centre collects Rs 1,38,394-crore gross GST revenue for January 2022
Business | Feb 01, 2022, 10:34 AM ISTOf the total revenue collected, CGST is Rs 24,674 cr, SGST is Rs 32,016 cr, IGST is Rs 72,030 cr and cess is Rs 9,674 cr.
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Economic Survey: COVID restriction affected demand, supply of housing sector
Business | Feb 01, 2022, 07:59 AM ISTIt revealed that the number of unsold residential units have also witnessed significant drops during the second wave of the pandemic.
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Union Budget 2022: Fintech industry hopes for incentives to push financial inclusion
Business | Jan 30, 2022, 02:07 PM ISTThe fintech industry and experts have urged Finance Minister Nirmala Sitharaman to lower the TDS rates, saying such a move would free the capital for the sector without any impact on the government's revenue.
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Incentives for green hydrogen likely in Union Budget 2022
Business | Jan 30, 2022, 01:15 PM ISTEarlier this month, Power and New & Renewable Energy Minister RK Singh had indicated that a green hydrogen policy will be unveiled in Feb which would feature many incentives to boost green hydrogen in the country.
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Tata Motors reports 50 pc jump in PV sales to 35,299 units in December
Business | Jan 02, 2022, 01:08 PM ISTThe company had sold a total of 23,545 units in the same month a year ago, Tata Motors said in a regulatory filing.
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WhatsApp reported to enable users to search businesses nearby
Technology | Dec 27, 2021, 01:31 PM ISTWhatsApp, Meta (previously known as Facebook) owned messaging platform is reportedly planning on rollout a new feature that will enable the users to search for the businesses nearby.
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Sensex jumps 214 points in early trade; Nifty tops 17,220
Market | Dec 02, 2021, 11:36 AM ISTAt the interbank foreign exchange, the rupee opened weak at 75.06 and lost further ground to quote 75.07 against the American dollar.
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GST mop up in November at Rs 1.31 lakh crore, second highest since rollout
Business | Dec 01, 2021, 01:42 PM ISTThe GST revenues for the month of November 2021, are 25 per cent higher than November 2020, and 27 per cent higher over Nov 2019.
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New RBI schemes will give impetus to inclusive, responsive financial system: Shaktikanta Das
Business | Nov 12, 2021, 02:10 PM ISTFinance Minister Nirmala Sitharaman also thanked PM Modi for the initiatives. Narendra Modi launched 2 innovative customer-centric initiatives of RBI today.