Business

Passing an order on December 18, NCLAT had directed for the reinstatement of ousted Cyrus Mistry as Chairman of Tata Sons and quashed the conversion of Tata Sons into a private company from a public firm.

The Jaypee group had sub-leased plots to 11 builders on the allocated land and separately had taken around Rs 2,000 crore from homebuyers in 10 projects but not delivered it.

After hitting its record intra-day high of 41,809.96, the 30-share BSE index was trading 102.51 points or 0.25 per cent higher at 41,776.43 in opening session.

A fall in consumption, lack of private investments and sluggish exports are being blamed for a slower GDP growth which slid to a six-year low of 4.5 per cent in September.

Mahindra and Mahindra MD Pawan Goenka auto is only 4% of exports in India as compared to auto manufacturing countries like Thailand, Germany, Korea, and Japan which are more than 10%.

Shares of PNB dropped 2.48 per cent to trade at Rs 62.85 on the BSE. The stock declined 2.40 per cent to Rs 62.90 on the NSE.

Mother Dairy said it is compelled to raise prices in Delhi-NCR for all its milk variants with effect from December 15, 2019.

Yes Bank was the top gainer in the Sensex pack rallying up to 4.32 per cent, followed by ICICI Bank Tata Motors, Tata Steel, Vedanta, IndusInd Bank, Hero MotoCorp, SBI and Sun Pharma.

The pilot project has been launched in two phases, the first being a controlled pilot testing, wherein only ICICI tags would be used, the Ministry of Road Transport & Highways said in a statement.

State Bank of India (SBI) shares inched up 1% after its subsidiary Nepal SBI Bank posted a net profit of Rs 229.25 crore for 2018-19, registering a growth of 13.29%.

As a payment product, UPI will continue to scale with more innovative use cases coming in and will remain default payment gateway for the country, said a report by The Digital Fifth.

At the closing bell, the 30-share BSE gauge Sensex was lower by 70.70 points or 0.17 per cent at 40,779.59. The index swung between losses and gains after the central bank kept the rates unchanged.

The 30-share BSE Sensex was trading higher by 84.17 points at 40,934.46 in opening deals; while the broader 50-share NSE Nifty was up by 21.95 points at 12,065.15.

The New Fund Offer (NFO) of this ETF is expected be to launched during December itself. Bharat Bond ETF would be the first corporate bond ETF in the country.

The government is yet to finalise regulations for online drug sales, or e-pharmacies, but the growth of several online sellers such as Medlife, Netmeds, Temasek-backed PharmEasy and Sequoia Capital-backed 1mg has threatened traditional drug-store business...

Customers on Monday had taken to social media websites to complain about the fact that they were not able to access their accounts online or use the services on the bank’s app for the past few hours.