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China's Infinix bets on sub-10K phones

The brand has presence in 36 countries across emerging markets of Africa, Latin America, MENA region, South and South...

29 May 2019 12:53 AM IST

DHFL stock plunged more than 3.5 per cent on Tuesday on reports that the MHA had issued a lookout notice against the promoters of the company over non-existent shell companies.

Lookout notice issued against DHFL promoters

According to sources, the company is being investigated for alleged siphoning of funds through shell companies.

29 May 2019 12:46 AM IST

On March 18, Hotel Leelaventure Ltd had announced sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur.

NCLT asks Sebi to conclude probe into ITC, LIC allegations against...

Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.

28 May 2019 7:56 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GSTN providing free accounting, billing software to MSMEs

Almost 80 lakh MSMEs with turnover of less than Rs 1.5 crore could benefit.

28 May 2019 6:18 PM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee slips 18 paise against dollar on high dollar demand

Rupee is trading at 69.69 against dollar, weighed down by month-end dollar demand from importers.

28 May 2019 6:15 PM IST

At the current market price, sale of 10 per cent in HUDCO and NBCC could fetch about Rs 1,000 crore and Rs 1,200 crore to the exchequer.

NCLAT gives 4 weeks to Bakshi to settle dispute with HUDCO

The tribunal also directed Bakshi to file a report on the development by filing an affidavit in the matter before it.

28 May 2019 6:12 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Elections over, fuel prices begin to rise

The price of petrol has risen by 83 paise per litre in the nine days and diesel by 73 paise

28 May 2019 4:46 PM 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.

Sensex, Nifty clock fresh closing highs on fund inflows

After swinging over 300 points in a highly volatile session, the 30-share index ended 66.44 points, or 0.17 per cent.

28 May 2019 4:23 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold gains Rs 100 on jewellers' buying

Traders said sentiment turned upbeat on the back of a pick-up in buying support from local jewellers.

28 May 2019 3:56 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

Delhi teen's start-up promises 'guaranteed' school admission

Staria, which started operations in Jan 2019, said it has successfully referred more than 100 students for admission...

28 May 2019 3:41 PM IST

FICCI President Rashesh Shah suggested that a rate cut be facilitated in the coming quarters to spur demand and investments.

India's economy big worry for PM Modi, needs stimulus: FICCI

The economy grew 6.6 per cent in the three months to December - the slowest pace in five quarters.

28 May 2019 2:44 PM IST

The proposal is part of a 100-day action plan prepared by the ministry for the new government, which will take office on May 30.

100-day agenda: Commerce ministry proposes to create separate dept for...

At present, a logistics division is functioning under the department of commerce and headed by a special secretary-level...

28 May 2019 2:39 PM IST