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Post the merger, the promoters of Inox will become co-promoters in the merged entity. Later the board of the merged company would be re-constituted with a total board strength of 10 members, with both the promoter families having two board seats each. DC Image

PVR, Inox Leisure ink all-stock merger deal

The boards of PVR and Inox Leisure have approved an all-stock amalgamation of Inox with PVR

28 March 2022 9:27 AM IST

According to the ISMA, mills produced 33.16 million tonne of sugar during the 2018-19 marketing year, of which sales were 25.5 million tonne.

Govt mulls curbs on sugar exports

Lower output in Brazil and firm oil prices which encourage mills to produce more sugarcane-based ethanol have spurred...

26 March 2022 11:30 AM IST

Reserve Bank of India announced a slew of measures to maintain market stability. (PTI Photo)

RBI to keep track of all payment touch points

The RBI said that capturing the accurate location of existing payment system touch points is essential to upscaling

26 March 2022 11:27 AM IST

Foreign investors have pulled out an estimated USD 26 billion from developing Asian economies and over USD 16 billion out of India. (AFP Photo)

Inflationary, geopolitical pressure rising on market

On Friday, Sensex closed at 57362 down by 233 points or 0.39 pc while the Nifty-50 closed at 17153 down by 69.75 points...

26 March 2022 11:25 AM IST

Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87 (PTI)

Petrol, diesel prices hiked again, fourth time in five days

These increase increases are the steepest single-day rise since the daily price revision was started in June 2017

26 March 2022 10:28 AM IST

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the second part of Budget Session of Parliament, in New Delhi, Friday, March 25, 2022. (PTI photo)

Lok Sabha passes Finance Bill

The Union Budget 2022-23 had proposed taxing crypto assets at the rate of 30 per cent, effective from April 1

26 March 2022 1:11 AM IST

Delhi Pradesh Mahila Congress activists being detained during a protest against rising prices of fuel and other essential commodities, at Vijay Chowk, in New Delhi, Monday, March 22, 2022. (PTI Photo/Atul Yadav)

Petrol, diesel, LPG prices are hiked; Uproar in Parliament

More hikes likely, Inflation fears, Fuel prices on freeze for 137 days

22 March 2022 10:32 AM IST

Tata Steel sales fall 23 pc to 5.28 MT in Apr-Jun qtr; output down 28.49 pc. (PTI Photo)

Heavy cargo movement via river takes off at Paradip

OSL, led by business magnet Mahimanana Mishra, has been successful in discharging heavy lifts of about 400 tonnes (mt)...

21 March 2022 9:51 AM IST

This is a golden opportunity for trading and exporting products to the island continent.

India can partially offset war impact on CAD, says IMF

The global economic fallout of the war is expected to negatively impact India's economy through a number of channels â€ƒ

21 March 2022 9:48 AM IST

Dabur has partnered with e-commerce giant Amazon to make over 30 of its products available to customers in the US, Canada and Mexico.

FMCG firms mull 10% price hike to ease cost pressures

Makers such as HUL and Nestle have increased the prices of food products last week

21 March 2022 9:46 AM IST

Suzuki Motor Corporation

Suzuki to invest Rs 10,445 cr in EV

A memorandum of understanding (MoU) on this was signed on March 19 at the India-Japan Economic Forum held in New Delhi

21 March 2022 9:43 AM IST

Indias GDP to contract 16.5 pc in Q1 as pandemic spreads, says SBI report. (Representative Image)

India's GDP growth forecast cut to 7.9 per cent: Morgan Stanley

The report saw upside risks of 0.5 per cent of GDP to the fiscal deficit target of 6.4 per cent of GDP for FY23

13 March 2022 12:10 PM IST