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The purchase took place just weeks after the company had been sold for $40 million, the filings said.

Business

Probe into Wirecard deal with Chennai firm likely

Income Tax-Enforcement investigation on cards.

2 April 2019 6:21 AM IST

IIT Kharagpur had suspended whistle-blower professor Rajeev Kumar for misconduct in May 2011. (Photo: PTI/File)

Business

IIT Kharagpur ties with PGBA Bangalore

The ultimate objective is to promote health and well being within the scope of academics and extra-academic activities,...

2 April 2019 6:19 AM IST

Business

BMW F 850 GS review

Many might say the new F 850GS feels underpowered, but that is not the case at all.

2 April 2019 12:00 AM IST

Broadcast Audience Research Council will be integrating TV and OOH TV viewership in its BARC India Media Workstation (BMW) software.

Business

TRAI issues showcause notice to BARC India for not releasing TV...

TRAI asked BARC India to explain, by April 5, why action should not be taken against it for contravention of sections of...

1 April 2019 6:48 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)

Business

Sensex pares gains after breaching 39,000-level

Markets moved in to April following a best monthly performance in three years last month.

1 April 2019 4:39 PM IST

US Federal Reserves meeting tomorrow is expected to put gold on an upward trajectory and leave behind the interest rate narrative that has been controlling the price movement for quite some time.

Business

Gold rises on jewellers' buying

Gold is trading at Rs 32,820 per 10 gram in the national capital on increased buying by jewellers.

1 April 2019 4:08 PM IST

Johnson and Johnson announced paternity leave of eight weeks for new and adoptive fathers. Photo: AFP/ Representational

Business

Johnson & Johnson baby shampoo samples fail quality test; co rejects...

We do not accept the interim results given to us, said Johnson & Johnson spokeswoman.

1 April 2019 4:06 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Business

ONGC gas output jumps 6.5 per cent to record high in FY19

The growth rate was higher than the global average of 3-4 per cent year-on-year.

1 April 2019 3:49 PM IST

The state agriculture department has already identified the areas affected by the disease.

Business

Govt lays out procedure for claiming benefits under TMA scheme for...

Under TMA plan, government will reimburse a portion of freight charges and provide assistance for marketing agri...

1 April 2019 3:47 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Business

Govt notifies new accounting standard, lease rule to impact airlines

Ind AS 116 -- to be effective from April 1 -- sets out the principles for recognition, presentation and disclosure of...

1 April 2019 3:05 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Business

GST collection records Rs 1.06 lakh cr in March

For fiscal 2019-20, the GST collection target has been budgeted at Rs 13.71 lakh crore.

1 April 2019 2:49 PM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

RBI to unveil this fiscal's first bi-monthly policy decision on...

The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.

1 April 2019 2:27 PM IST