Latest Business News

JPPL Stake Sale Put on Backburner: Jet Airways

New Delhi: The stake sale in JPPL, which manages Jet Airways’ customer loyalty program Jet Privilege, has been put on…

India’s Forex Reserves Down $2.12 Billion

India’s forex reserves comprise Foreign Currency Assets (FCAs), gold reserves, Special Drawing Rights (SDRs) and India’s position with the International…

Rupee Declines 17 Paise Against US Dollar in Early Trade

The strengthening of the US dollar and persistent outflow from the domestic capital market weighed on the domestic currency. PTI…

Sensex Falls Over 100 Points in Early Trade; ONGC Rallies 6 Percent

Mumbai: Market benchmark BSE Sensex fell over 100 points in early trade Friday on selling in healthcare, metal, banking and…

Bombay High Court Overturns 2017 Arbitration Award to HPCL for $113 Million

In 2017, state-run HPCL was awarded the amount after an arbitration board found that M3nergy had delayed the finalising of…

Days Before Its Launch by PM Modi, Ticket Prices for Fastest Train Slashed

The chair car fares are 1.4 times the base price of Shatabdi trains running the same distance and the executive…

Sebi Relaxes Norms for Non-Residents to Transfer Shares to Relatives

To address such difficulties, it has been decided to grant relaxation to the non-residents from furnishing PAN card details and…

Sensex Falls Over 150 Points; Nifty Slips Below 10,900 Level

Mumbai: The BSE Sensex fell over 150 points and NSE Nifty slipped below the 10,900 level in early trade Monday…

Government Amends Significant Beneficial Owners Rules Under Companies Law

New Delhi: The government has amended the significant beneficial ownership rules for companies, putting in place a more clear regulatory…

Govt May Raise Investment Limit of Angel Tax Concessions for Startups

New Delhi: The government is contemplating hike in the investment limit for availing income tax concessions by startups and provide…

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