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Jaypee Infratechs Interim Resolution Professional (IRP) Anuj Jain too favoured voting process for the revised offer.

Jaypee Infra jumps over 9 pc on CoC nod for NBCC bid

Shares of Jaypee Infratech were trading 9.26 per cent higher at Rs 1.77 apiece on the BSE.

18 Dec 2019 12:45 PM 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, Nifty scale fresh highs on trade optimism, FII inflows

On the Sensex, metal stocks drove the rally riding on US-China trade deal optimism.

18 Dec 2019 10:00 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 13 paise to 71.11 against US dollar in early trade

Forex traders said muted opening of domestic equities weighed on the rupee.

18 Dec 2019 9:50 AM IST

The company is working closely with Tea Research Association (TRA) and is awaiting its certification to launch this product commercially in India, targeting the tea sector, in particular. (Photo:Aratrika Bhattacharya)

Pesticides-free tea: TRA, Dubai firm in talks

Ecorich VFW actually does that, claimed Vinay Paranjpe, director, UMC.

18 Dec 2019 2:49 AM IST

Furniture that blends well with a theme/design concept not only highlights your personal aesthetic but is an opportunity to create extra storage.

Bangladesh's Hatil to invest Rs 250 crore

The brand, which entered India two years ago in Chandigarh, has at present 20 showrooms in north and east India.

18 Dec 2019 2:44 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC tops claims settlement ratio

For LIC, the proportion of repudiations has come down to 0.43 per cent in 2018-19 compared to 0.67 per cent in the...

18 Dec 2019 2:35 AM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

2019: A year of hope and despair for real estate

More private investments will come in and consolidation, mergers within the space are likely to continue.

18 Dec 2019 2:33 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Stocks gain momentum on global cues, budget hopes

Foreign institutional investors (FIIs) started pouring money into Indian equities lately.

18 Dec 2019 2:15 AM IST

Monsantos GM cotton seed technology went on to dominate 90 percent of Indias cotton acreage.

Reveneue de-growth for cotton spinners seen

Spinners expect that the overall FY20 performance will be weighed down by the tepid volumes and weak earnings seen so...

18 Dec 2019 2:12 AM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

Women's share in life biz, policies rising

In the last fiscal 2.86 crore life policies were sold with a first year premium of Rs 97,690 crore.

18 Dec 2019 2:09 AM IST

The increased salary and pension for retired judges will be effective from January 1, 2016.

Vocational jobs score over engg, MBA with double-digit growth in...

The average salaries for vocational jobs grew by 18 per cent whereas engineering and MBA jobs rose only by 4 per cent...

18 Dec 2019 2:06 AM IST

Think and Learn, the holding company of edu-tech start-up Byjus has grown its revenues by 177 per cent and cut its losses in FY19.

Byju's more than doubles revenue, reduces losses

In a statement, Byju's said its net revenue increased from Rs 490 crore in FY17-18 to Rs 1,341 crore with a net profit...

18 Dec 2019 1:59 AM IST