Union Cabinet approves Terms of Reference for 16th Finance Commission
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Terms of Reference for the Sixteenth Finance Commission.
Finance
India to launch first-ever tranche of critical and strategic minerals auction on Wednesday
New Delhi: India's Ministry of Mines will launch the first tranche auction of critical and strategic minerals on Wednesday, an official press release said.
DBS Bank India opens new branch at Kolkata's Russell Street
Kolkata: Private sector lender DBS Bank India has opened a new branch at Kolkata’s Russell Street.
TCS announces share buyback dates, retail entitlement at 17%
Mumbai: IT major Tata Consultancy Services (TCS) has scheduled its share buyback to start on December 1 and conclude on December 7.
Govt advises banks to appoint nodal officers for cyber security following UCO Bank incident
New Delhi: Taking note of the increasing incidents of bank fraud, the Finance Ministry Tuesday advised banks to appoint nodal officers to address cyber security concerns.
BCCI files case against Byju's with NCLT
New Delhi: Troubled ed-tech company Byju’s is facing fresh challenges as the Board of Control for Cricket in India (BCCI) has dragged the firm to the National Company Law Tribunal, the adjudicator’s website says.
Adani Group-backed NDTV board approves commencement of NDTV Profit
Mumbai: The board of Adani Group-backed New Delhi Television Tuesday announced the approval to resume the activities for the NDTV Profit channel from December 8, 2023, the company disclosed in a stock exchange filing.
Indian Market: Sensex up 204.16 pts
The BSE Sensex on Tuesday rallied 204.16 pts to close at 66,174.20 on the strength of Power, Oil and Gas, Utilities and Energy stocks.
Maruti Suzuki to hike car prices in January
The country's largest carmaker Maruti Suzuki on Monday announced a hike in the prices of its cars effective January, 2024 citing increased cost pressure.
Jammu and Kashmir: Three districts to get four new Industrial Estates
Jammu and Kashmir Administrative Council on Saturday accorded the administrative approval for setting up of four new Industrial Estates in J&K.
India to Chair the International Sugar Organisation (ISO) in 2024
New Delhi: India will be the Chair of the International Sugar Organisation (ISO) for the year 2024, the London-headquartered organization announced during its 63rd council meeting.
RBI takes over the board of Abhyudaya Cooperative Bank over governance concerns
Mumbai: The Reserve Bank of India (RBI) on Friday took over the board of Abhyudaya Cooperative Bank in Mumbai, citing major concerns regarding inadequate corporate governance standards, the central bank said in a statement.
RBI penalizes Citibank, BoB, and IOB for non-compliance with norms
Mumbai: The Reserve Bank of India (RBI) on Friday slapped monetary fines on Citibank, Bank of Baroda, and Indian Overseas Bank for violations of regulations.
India, European Commission sign MoU on semiconductors
New Delhi: India and the European Commission on Friday achieved a significant milestone in their technological partnership by signing a Memorandum of Understanding (MoU) on semiconductors.
Tata Technologies IPO gets strong response; gets subscribed 69.43 times
Mumbai: Tata Technologies initial public offering (IPO), the first from Tata Group since the Tata Consultancy Services IPO in 2004, garnered full subscription just within the first few hours of opening.
Adani-Hindenburg case: SC withholds judgment, indicates it would give directions to SEBI
New Delhi: The Supreme Court on Friday withheld its decision on the Adani-Hindenburg row, and Chief Justice of India (CJI) DY Chandrachud suggested that directives may be issued to the Securities and Exchange Board of India (SEBI) as part of the resolution, Moneycontrol reported.
Indian Market: Sensex declines 47.77 points
The BSE Sensex on Friday lost 47.77 points to settle at 65,970.04, as selling was seen in technology, IT, oil & gas, and FMCG stocks.
Nirmala Sitharaman to inaugurate Aayakar Bhawan of IT Dept
Kochi/UNI: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will inaugurate the newly constructed Aayakar Bhawan of the Income Tax Department at a private hotel here on Friday.
After Sam Altman's return, OpenAI's board of directors replaced entirely except...
Sam Altman’s stunning exit and equally dramatic return as OpenAI’s CEO on late Tuesday was followed by a complete change in the board of directors.
How to Choose the Best Fixed Deposit Scheme for Your Financial Goals?
When it comes to safe and reliable investment options, Fixed Deposits (FDs) stand out as a popular choice among investors in India. Known for their stability and guaranteed returns, FDs are an excellent way to secure your financial future. However, choosing the right Fixed Deposit scheme is crucial to stay on track with your financial goals.
Income Tax Commissioner confirms tax demand of Rs 1,666 cr on IndiGo
New Delhi: The Commissioner of Income Tax-Appeals has affirmed a tax demand of nearly Rs 1,666 crore on Interglobe Aviation, the parent company of IndiGo airlines, as disclosed in a notice to stock exchanges on Wednesday, Moneycontrol reported.
Tata Power adds 60,000+ home EV chargers in Q2FY24
Kolkata: Tata Power has added 11,529 new EV Home Chargers in the second quarter of FY24.
Banking liquidity shortage widens to Rs 1.74 trillion
Mumbai: The liquidity deficit in India's banking system widened on Tuesday to its highest level in almost five years due to monthly goods and services tax payments.
Coca-Cola India forays into ready-to-drink tea beverage segment
Kolkata: Coca-Cola India announced its entry into the ready-to-drink tea market through the introduction of 'Honest Tea,' a brand owned by a subsidiary of the Coca-Cola Company 'Honest', media reported.
Taxman slaps GST demand of Rs 750 cr on Swiggy and Zomato
The Directorate General of GST Intelligence has sent Goods and Services Tax (GST) demand notices to the food aggregators Zomato and Swiggy, media reports said on Wednesday.
Adobe buys Bengaluru-based AI firm Rephrase.ai
Bengaluru: Adobe has bought Rephrase.ai, a Bengaluru-based company known for its artificial intelligence (AI)-based video creation platform. An internal communication at Adobe has verified this acquisition by the major US software company, reported ET.
National Stock Exchange and West govt sign MoU to facilitate fundraising for SMEs in the State
Kolkata: The National Stock Exchange (NSE) and the West Bengal government have signed a Memorandum of Understanding (MoU) to spread awareness amongst MSMEs of the state regarding fundraising via the IPO mechanism using NSE Emerge which is the SME platform of NSE.
Uber to run buses in Kolkata; partners with West Bengal govt
Ridesharing app Uber and the Transport Department, Government of West Bengal, on Wednesday, signed a Memorandum of Understanding (MoU) to launch ‘Uber Shuttle’ - a bus service for daily commute - in Kolkata.
Sensex advances 92.47 points
The BSE Sensex on Wednesday gained further by 92.47 pts to close high at 66,023.24 as renewed buying was seen in Power, Consumer Durable, Auto and Health Care stocks.
Pakistan: Three die in IED blast in Balochistan
An improvised explosive device (IED) planted on the roadside exploded in Pakistan's Hoshab area in Balochistan on Sunday which left at least three people dead, media reports said on Wednesday.