In the national capital, petrol prices rose for third consecutive day on Tuesday by 17 paisa to Rs80.90 a litre. Pump prices of petrol rose by 14 paisa a litre on Sunday breaking a 47-day pause since June 29.
Under a new management, Yes Bank has overhauled its risk and governance frameworks to save itself from reputational risks and come out as a brand committed to integrity, its chief executive and managing director Prashant Kumar has said.
In an interesting turn of events, Cloud major Oracle has entered the race to acquire TikTok as US President Donald Trump issued an executive order to direct China-based ByteDance to sell its TikTok business in the US within 90 days.
As many as 300 Pizza Hut restaurants, most of them dine-in locations, will be closed. The decision, part of a deal between Yum Brands chain and its largest US franchisee NPC International, comes as millions of people are sheltering and eating at home.
The Reserve Bank of India on Monday announced sale of three government dated securities totalling Rs 30,000 crore. The securities will be sold through the Reserve Bank of India's Mumbai office on August 21 (Friday).
CNG and piped natural gas prices could fall further this festive season, with price of domestically produced gas expected to come down in October by about 20 per cent to less than $2 per million British thermal unit.
Facing a negative global perception amid pandemic, technology companies are mulling options to relocate production, manufacturing units to south Asian nations and what seems to work for India is its incentive-driven scheme that is attracting major players including Samsung, Apple, others.
Gold prices rose by Rs 340 to Rs 53,611 per 10 gram in the national capital on Monday, in line with firm international trend, according to HDFC Securities.
Only third parties would report high-value transactions to the I-T department as per the Income Tax Act. Such information would be used to identify people who are not paying up due taxes, and not for examining affairs of honest taxpayers.
After opening 185 points higher, the BSE Sensex was gripped by early volatility and swung about 386 points during the session.
The alliance will enable ICICI Securities' more than 4.8 million clients to diversify their investments outside of the Indian market and access multi-asset investment opportunities through Interactive Brokers' trading platform.
Apparel retailer Madame on Monday announced the launch of six new stores seeing an uptick in demand in tier II cities across India, despite disruption caused by the COVID-19 pandemic.
In the national capital, petrol prices rose for the second consecutive day by 16 paise to Rs 80.73 a litre.
With the latest induction, SpiceJet will have a dedicated fleet of nine freighter aircraft consisting of five Boeing 737s, three Bombardier Q-400s and one Airbus A340.
Reliance Industries (RIL) may buy online furniture brand Urban Ladder and milk delivery platform Milkbasket. The company is in talks to acquire both, according to a TOI report.
State Bank of India (SBI), India's largest public sector bank has revised its ATM withdrawal rules with effect from 1 July. According to State Bank of India (SBI) official website i.e. sbi.co.in, in metro cities, SBI allows 8 free transactions to its regular savings account holders to transact in a month. Beyond this, customers are charged on each transaction.
The next big battle of billionaires Mukesh Ambani and Jeff Bezos is set to be on the e-pharma front. According to a report in the Live Mint, both the companies are looking to diversify into the e-pharma segment.
The government is not considering any modifications in the income tax return (ITR) form, sources have said, which would mean the taxpayers will not have to mention their high-value transactions in their ITR form. Any expansion in reporting under the statement of financial transactions (SFT) will mean that such reporting of high-value transactions to the income tax department will be done by financial institutions, the sources said.
The Government of Singapore has increased its stake in ICICI Bank as it took up 11.08 per cent stake in the latest qualified institutional placement (QIP) of the bank's shares with an investment of Rs 1,662.71 crore.
The private operators also have to provide the time in and time out at the intermediate railway stations, which shall form part of the train operation plan.
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