Oil India gets shareholders' nod to raise up to Rs 7,000 crore
Oil India has received shareholders' approval to raise up to Rs 7,000 crore through issuance of bonds and debentures on private placement basis, the state-owned firm informed stock exchanges Sunday. Company's shareholders have also approved appointment of four independent directors. "...All the items of business enlisted in notice of 59th AGM held...
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Porsche first German carmaker to abandon diesel engines
23 September 2018 | AFP -
Blue Dart looks to invest Rs 200 cr to expand reach, upgrade Technology
23 September 2018 | PTI -
Walmart India opens 22nd Cash and Carry store in India
22 September 2018 | PTI -
Infosys to offer cloud solutions on Google platform
22 September 2018 | IANS -
Sensex dips over 1K points, regains some
22 September 2018 | PTI -
Sebi imposes Rs 35-L fine on Falcon Tyres
22 September 2018 | PTI -
Centre favours additional cess under GST to help Kerala
22 September 2018 | PTI
Business Corner
‘ATAL BIMIT VYAKTI KALYAN YOJNA’ rolled out Considering the change in employment pattern and the current scenario of employment in India which has transformed from a long term employment to fixed short term engagement in the form of contract and temping, the ESI Corporation has approved a Scheme named “Atal...
Market crash wipes out Rs 5.6L cr investor wealth
As the equity market plunged for the fourth day in a row, where the BSE benchmark index plummeted over 1,100 points in afternoon trade Friday, investor wealth witnessed an erosion of a whopping Rs 5.6 lakh crore in four days. The 30-share index cracked 1,127.58 points, or 3 per cent, to...
Sebi issues revised KYC norms for foreign portfolio investors
Markets regulator Sebi Friday issued revised KYC norms for foreign portfolio investors, wherein resident as well as non-resident Indians have been permitted to hold non-controlling stake in such entities. Two circulars pertaining to KYC (Know Your Client) requirements and eligibility conditions for FPIs have been issued. These norms have been put in...
Canon eyes robust growth in India, explores opportunities in new segments
Japanese imaging products major Canon is expecting a robust growth in India, one of its top five markets for DSLR cameras, on account of its entry into newer segments and introduction of advanced technologies, a top company official has said. The company is exploring new opportunities in business segments like security...
I-T officials conducting survey since Sep 19: Jet Airways
Crisis-hit Jet Airways on Friday said income tax officials are conducting a survey of its premises since September 19 and the shares plunged six per cent on the bourses. The airline, battling with financial woes, is already under the lens of Sebi and the corporate affairs ministry for various violations, including...
Govt to increase duty incentives for exports of milk products
The Government has again decided to increase duty benefits for exports of milk and certain milk products under MEIS scheme to boost their overseas shipments, an official said. Earlier in July, the Government enhanced the duty benefits to 10 per cent under the Merchandise Export from India Scheme (MEIS) for certain...
Rupee firms up by 17 paise to 72.20 against US dollar
The rupee continued its bullish trend for the second day, rising 17 paise to end at 72.20 against the US dollar on sustained selling of the American currency even as local equities witnessed a high volatility. The domestic currency hit an intra-day high of 71.70 before giving back early strong gains...
