Home » Business

Business - Page 667

The Supreme Court also referred to the National Crime Records Bureau Data stating every six hour a woman is raped in the country. (Photo: File | ANI)

Supreme Court quashes RBI's February 12 circular on one-day default

The court also held that reference under IBC has to be on case-specific basis and with authorisation of the central...

3 April 2019 12:23 AM IST

The apex courts order came after the Delhi government said there were around 68 lakh two-wheelers here and it would be impossible to accommodate the people in public transport if the odd-even scheme was made applicable for two-wheelers also. (Representational image)

Circular has no effect in law: Apex court

The court held that reference to IBC can be made only on a case-to-case basis and that there cannot be a blanket...

3 April 2019 12:20 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Positive momentum seen in market

The Sensex closed at 39,056 up 184.78 points or 0.48 per cent, while the Nifty ended 44 points higher at 11,713.

3 April 2019 12:03 AM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)

Realtors have time till May 10 to opt for old GST rates

CBIC has issued a notification giving real estate companies a one-time option to choose either of the tax rates.

2 April 2019 7:50 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

SC order on RBI circular negative for banks, may defer debt resolution

Moody's said the resolution of stressed loans impacted by the circular will be further delayed.

2 April 2019 7:42 PM IST

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

Rupee jumps 40 paise to 68.74 against US dollar

Forex dealers said foreign fund inflows in the debt and equity markets helped the rupee recover.

2 April 2019 6:49 PM IST

Supreme Court of India. (Photo: Representational Image)

SC quashing RBI circular to give relief to power cos but delay...

"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril...

2 April 2019 5:43 PM IST

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

Indian firms raise Rs 6,482 cr through 14 IPOs in first quarter of...

The report noted that during January-March 2019, Indian stock exchanges ranked fourth globally in terms of number of...

2 April 2019 5:28 PM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex marks highest ever close, surges 185 points

The 30-share Sensex started on a positive note at 38,988.57 and swung between a high of 39,121.69 and a low of...

2 April 2019 5:15 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI begins 3-day meet on monetary policy amidst rate cut hopes

A back-to-back cut in interest rate would provide relief to borrowers in the election season, experts say.

2 April 2019 5:05 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

RJio transfers control of optical fibre, tower units to RIIHL trusts

Tower Infrastructure Trust acquired control of RJIPL by purchasing 51 per cent of shares of RJIPL for Rs 109.65 cr.

2 April 2019 3:32 PM IST

The gold bars of 99.9 per cent purity were found inside the pockets.

Gold prices gain Rs 30 per 10 gm, silver slides

Gold is trading at Rs 32,850 per 10 gram here on the back of demand from jewellers.

2 April 2019 3:27 PM IST