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Revenue collection from the Goods and Services Tax (GST) had slipped below the Rs 1 lakh crore mark for the first time in the current fiscal in June at Rs 99,939 crore. (Photo: File)

GST collections rise marginally to Rs 1.02 lakh crore in July month

The July 2019 mop-up was, however, 5.8 per cent higher than the Rs 96,483 crore collected in the same month last year.

2 Aug 2019 11:40 AM IST

Caf© Coffee Day owner V G Siddhartha

CDEL's liabilities at over Rs 5,200 cr; over 75 per cent promoter...

Almost all of the shares held by Sivan Securities (0.21 per cent stake) in CDEL have been pledged.

2 Aug 2019 11:31 AM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Jet Airways lenders may extend August 3 deadline for EoIs; get four...

The lenders also discussed the criterion for evaluation of bids of the same amount, said another banker.

2 Aug 2019 11:15 AM IST

Amazon CEO Jeff Bezos wants to colonise Moon. (Photo: AP)

Amazon chief Jeff Bezos cashes in USD 1.8 billion of share pile

The numbers mean Bezos retains his pole position among the world's billionaires, while his former wife now ranks 23rd.

2 Aug 2019 10:55 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee slips 26 paise to 69.32 vs USD in early trade

Forex traders said market sentiment took a hit after the US announced additional 10 per cent tariff on USD 300 billion...

2 Aug 2019 10:43 AM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Bharti Airtel reports loss of Rs 2,866 crore in Q1 FY20

Bharti Airtel has operations in 18 countries across Asia and Africa.

2 Aug 2019 10:23 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Sensex crashes over 300 points on US-China trade tensions

However, Bharti Airtel, Asian Paint, Tata Motors and Infosys gained in the morning trade.

2 Aug 2019 10:09 AM IST

Stunning growth: The FMCG sector in India is expected to more than double to $104 billion by 2020 from the current $49 billion. The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent. There is almost nothing else in the world growing this quick.

Aquawhite bets on kids segment

Going forward, in the next five years, this ratio will be changed to 50:50, said Nikhil Nanda, director, JHS.

2 Aug 2019 2:42 AM IST

India has signed contracts to export 200,000 bales of cotton to China in the past one week.

Cotton yarn exports decline 35 per cent in June quarter

According to the yarn producers, lower demand from both export markets and the domestic market has hit the industry.

2 Aug 2019 2:33 AM IST

Details about the hub were limited, and the BIS said it was not able to provide details on investment or staffing levels. (Photo: Pixabay)

M&A deals shrink; PE deals grow

Domestic M&A deals more than halved to $11 billion against $23 billion in the year-ago period.

2 Aug 2019 2:28 AM IST

In Q2 2018, total deal value stood at $403 mn and in Q2 2017 at $1,683 mn.

Investor interest in fintech space falls

In June quarter, fintech space witnessed deals valued $63.3 million, the lowest quarterly deal value since Q 3 2014.

2 Aug 2019 2:22 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Bearish momentum likely to continue

The Sensex plunged 786.94 points intra-day to day's low of 36,694.18 after a weak start.

2 Aug 2019 2:19 AM IST