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The Registrar of Companies (RoC) on Monday moved the National Company Law Appellate Tribunal (NCLAT) reques-ting to amend its order and remove the word illegal with respect to the conversion of Tata Sons from a public company to private company.

RoC moves NCLAT to drop illegal' in order

The petition filed by RoC was mentioned on Monday before NCLAT, which has directed to list the matter on January 2,...

24 Dec 2019 1:38 AM IST

(Picture credit: Nitesh Jeiya)

The elephant in the room

With a price tag of Rs 19.99 lakh, the new V-Cross may not be the most affordable, but it offers a lot more with its new...

24 Dec 2019 12:32 AM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Sensex snaps 4-day record-setting spree, ends marginally lower

The 30-share BSE Sensex settled 38.88 points, or 0.09 per cent, down at 41,642.66.

23 Dec 2019 4:33 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold prices soar Rs 187, silver also jumps Rs 495

Silver jumped Rs 495 to Rs 46,499 per kg compared to the previous close of Rs 46,004 per kg.

23 Dec 2019 4:07 PM IST

The total funds held by all foreign clients of Swiss banks rose about 3 per cent to CHF 1.46 trillion or about Rs 100 lakh crore in 2017. (Photo: AP)

FinMin declines to share Swiss accounts details of Indians citing...

In reply to an RTI query, the ministry also refused to disclose the details of black money received from other foreign...

23 Dec 2019 2:57 PM IST

Tata Sons, the companys promoter with 26.51 per cent stake, had asked Tata Motors on November 10 to convene an EGM for passing a resolution for removal of Mistry and Wadia as directors.

Tata Sons verdict: Corp Affairs Min seeks modification in NCLAT order

The petition filed by RoC was mentioned on Monday before NCLAT, which has directed to list the matter on January 2, 2020...

23 Dec 2019 1:07 PM IST

Tata Power Solar is also planning to launch a dealer network to better take on its myriad of competitors.

Tata Power to get licence for distribution, supply of power in 5...

The shares of Tata Power were trading at Rs 55.50, up 0.18 per cent on the BSE in morning trade.

23 Dec 2019 12:56 PM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

Reliance Infrastructure wins Rs 1,250 cr arbitration award against DVC

The proceeds will be used to pay lenders and reduce the debt of the company, Reliance Infrastructure said in a filing to...

23 Dec 2019 11:27 AM IST

IndusInd Bank was the top gainer in the Sensex pack, rising 2.68 per cent. ICICI Bank gained 2.68 per cent at close. Yes Bank, Tata Steel, SBI, TCS, L&T and Infosys also advanced. (Photo: File)

Sensex turns volatile after constituent rejig; Nifty holds 12,200

The 30-share BSE Sensex was trading 60.68 points or 0.15 per cent lower at 41,620.86 in early session.

23 Dec 2019 10:14 AM IST

And in the period ending June 30 - the first quarter of the current financial year - write-offs amounted to 445.77 billion rupees (USD 6.31 billion), the data showed.

Rupee slips 5 paise to 71.17 against USD in early trade

At the interbank foreign exchange, the rupee opened at 71.15 then fell to 71.17 against the US dollar.

23 Dec 2019 10:06 AM IST

Thanks to the GST rate cut, consumer durables, which have been witnessing a slower growth for the past six quarters, are expected to return to double-digit growth with the sentiments improving during the festival season.

Consumer durables report steady growth in 2019; slowdown a threat in...

The consumer durables sector, estimated to be around Rs 76,400 crore in FY'19, logged a growth rate of about 10 per...

23 Dec 2019 9:34 AM IST

The piled-up auto inventory currently stands at 5 lakh passenger vehicles valued at USD 5 billion and 3million two-wheelers valued at USD 2.5 billion.

Companies turning to Agile sales & marketing models to accelerate...

Recent reports also reveal that over 12.76 lakh houses are lying unsold in top 30 Indian cities.

21 Dec 2019 2:42 PM IST