Business

The BSE Sensex was trading 116.84 points or 0.31 per cent lower at 37,619.23; while the NSE Nifty was down 27.70 points or 0.25 per cent at 11,074.45.

The case by the UK subsidiary of PNB is seen as a 'landmark decision' for similar cases involving wilful defaulters who are residing in or have assets in the UK, or where the finance agreements are subject to English law and jurisdiction.

U.S. stocks fell on Tuesday as investors awaited progress on Washington's coronavirus aid plan, with the bluechip Dow index weighed down by 3M and McDonald's shares after the companies posted quarterly profits that missed estimates.

Bengaluru saw 73 per cent decline in sales to 2,776 units from 10,251 units, while Chennai witnessed 70 per cent fall to 1,312 units from 4,364 units.

Global oil benchmark Brent crude was trading 0.27 per cent higher at $44.02 per barrel.

Of the total fund raised by the Indian companies, $851.81 million was borrowed through the automatic route, while the rest of the funds came in via approval route, as per the RBI data on external commercial borrowings (ECB) for the month of June 2020.

The new policies follow announcements earlier this year of new sustainability targets and the issuance of the bank's first green bond.

Praveen Khandelwal said women entrepreneurs have made millions of rakhis using Indian goods collaborating with women of lower economic strata.

Coffee Day founder V.G. Siddhartha was found dead in a river in southern India last July in an apparent suicide amid speculation that he was under intense financial strain.

The minister also lauded the department for being responsive to the needs of the taxpayers during this pandemic time by relaxing various compliance requirements and addressing their liquidity concerns.

Global benchmark spot gold prices held near a nine-year peak, close to the $1,900 an ounce level, on safe-haven investment demand..

Besides, income tax collection, by way of advance tax and TDS, in the April-June quarter was about 80 per cent of what was collected in the same period last year.

The NSE Nifty advanced 82.85 points, or 0.74 per cent, to close at 11,215.45. Shares of Reliance Industries climbed around 3 per cent to hit a record closing high of Rs 2,060.65.

Google plans to approach the CCI for approval on the deal in the next two weeks, according to the sources privy to the development.

The department also has collected information related to GST, exports, imports and transactions in securities, derivatives, commodities, mutual funds, etc.

According to CDEL, Bagamane was entrusted with the limited task of divesting the real estate subsidiary, Global Village and Tanglin Development, to Blackstone Group.