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While imports of all products in the man-made fibre (MMF) value chain has steeply increased since the introduction of GST, destructing the domestic manufacturing industry, imports of polyester and viscose spun yarn have particulalry shot up multi-fold lately.Business
Man-made yarn imports up multi-fold in July

Imports of polyester yarn increased 193 per cent from 29,08,000 kg in July 2018 to 85,35,000 kg in July 2019.

16 Sept 2019 2:40 AM IST

The MYT regulations will form the framework of the petitions to be filed by the discoms.Business
Power gencos outstanding dues on discoms rises 57 pc to Rs 73,000...

According to PRAAPTI portal, distribution companies owed a total of Rs 46,779 crore to power generation companies in...

15 Sept 2019 7:07 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.Business
Incentives for exports to boost shipments: Exporters

FIEO said the new measures in form of incentives and refund of taxes will go a long way in enhancing the growth...

15 Sept 2019 6:54 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.Business
SBI shelves IPO plans for general insurance arm; card JV to hit market...

Investor interest for cards business is very high, and SBI Card listing will happen in March quarter, said SBI chairman...

15 Sept 2019 6:40 PM IST

Calling it a serious matter, CAIT urged the government to start a high-level enquiry at Indian ports to bring an end to the crony nexus. (Photo: File | Twitter)Business
Issue guidelines to remove confusion on single-use plastic: Traders'...

Confusions, if not taken cognisance of, may prove to be a roadblock in eradication of single-use plastic, CAIT said.

15 Sept 2019 4:55 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.Business
Sebi mulls new whistleblower mechanism for auditors, other...

The proposed move assumes significance in the wake of several auditors in the recent past decided to exit from their...

15 Sept 2019 3:47 PM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.Business
Maruti Suzuki's PV mkt share shrinks in April-Aug; Hyundai, Mahindra...

Maruti Suzuki sold 5,55,064 units this fiscal as compared with 7,57,289 units during April-August previous year.

15 Sept 2019 2:08 PM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
FPIs turn net buyers, infuse Rs 1,841 cr in first half of September

The latest inflows have been triggered by improving investor sentiment on the back of easing US China trade war.

15 Sept 2019 1:24 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.Business
Markets to eye global factors, macro data; stimulus measures may lift...

Participants will also track WPI inflation data scheduled to be announced on Monday.

15 Sept 2019 1:03 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.Business
Reliance, BP take over Niko's 10 pc stake in KG-D6 block

Reliance and BP plan to split Niko's share in proportion to their existing shareholding in the block.

15 Sept 2019 12:54 PM IST

State Bank of IndiaBusiness
Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank...

RIL, HDFC Bank, HDFC and Kotak Mahindra Bank were the other winners in terms of market valuation.

15 Sept 2019 11:19 AM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.Business
Government announces steps to boost housing, facilitate homebuyers

This window will help in completion of affordable and middle income housing projects.

14 Sept 2019 4:11 PM IST

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