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$The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.$ Business

Binani Cement OCs reject Dalmia's offer to pay Rs 151-cr dues

The ongoing Binani Cement insolvency case has taken a new twist.

6 April 2018 6:38 PM IST

ASCI upheld complaints against 171 misleading advertisements in January this year, including those of Livon, Dove shampoo, Byjus, Lotus Herbals, among others.

ASCI upholds 171 complaints against misleading ads in January

Of the total 130 advertisements, 101 advertisements belonged to healthcare.

6 April 2018 6:23 PM IST

The government is working on several areas such as building infrastructure to improve logistics system in the country with a view to promote trade and industrial activities, Union Minister C R Chaudhary said on Friday.

Govt working on several areas to improve logistics infra: C R...

The government is working on several areas such as building infrastructure to improve logistics.

6 April 2018 6:13 PM IST

FICCI President Rashesh Shah suggested that a rate cut be facilitated in the coming quarters to spur demand and investments.

FICCI recommends RBI to 'find space for rate cut'

FICCI has said the former must find space for a rate cut in the coming quarters.

6 April 2018 5:43 PM IST

Honda Motorcycle and Scooter India (HMSI) on Friday said its 125cc scooter Grazia has crossed one lakh unit sales mark in less than five months of launch.

Honda Grazia crosses one lakh unit sales mark

The company had launched the model on November 8 last year.

6 April 2018 5:28 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

China recalls about 3.2 million cars in Q1

About 2.5 million recalls were made in February alone.

6 April 2018 5:20 PM IST

The finance ministry on Friday said a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations.

Railway catering services in trains, stations to attract 5 pc GST

The Finance Ministry has written to the Railway Board on March 31 about the 5 per cent rate.

6 April 2018 5:05 PM IST

The government will create a model whereby 4 lakh jobs will be generated annually in 800 villages across the country through clusters, MSME Minister Giriraj Singh said on Friday.

Govt seeks to create 4 lakh jobs per year in 800 villages

Government will create a model whereby 4 lakh jobs will be generated annually in 800 villages.

6 April 2018 4:55 PM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Sebi to take action against 14,720 entities for 'non-genuine trades'

Adjudication proceedings have been initiated against 567 entities involved in such trades in the first phase.

6 April 2018 4:50 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Markets end flat in choppy trade

The broader NSE Nifty inched up 6.45 points, or 0.06 per cent, to 10,331.60.

6 April 2018 4:13 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

NCLAT allows RCom to execute asset sale

RCom is now very confident of achieving overall debt reduction of approximately Rs 25,000 cr within next few weeks.

6 April 2018 4:07 PM IST

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

RBI to review feasibility of introducing digital currency

Virtual currencies raise concerns of consumer protection, market integrity and money laundering.

6 April 2018 3:48 PM IST