Business news

Reliance Industries (RIL) Chairman Mukesh Ambani

Reliance AGM 2021 highlights: Top developments, important announcements by Mukesh Ambani

At the 44th RIL Annual General Meeting (AGM), Mukesh Ambani, its chairman and MD, made series of announcements in the telecom, oil-to-chemicals business and retail. Here's a quick look at everything from AGM.

Jun 24, 2021

Bad luck for Nirav Modi as UK court rejects appeal against his extradition to India

Nirav Modi is accused of fraud of about 14 thousand crores by taking a loan from Punjab National Bank (PNB). He fled the country in January 2018 after the scam came to light.

Jun 24, 2021

I-T department introduces new TDS rules; To levy higher rates on 'specified persons'

Budget 2021 had brought in a provision mandating that non-filers for the past two fiscal years be subjected to higher TDS if such deduction was Rs 50,000 or more in each of those years. Accordingly, the sections apply from July 1 of this year.

Jun 23, 2021

Sensex, Nifty shed gains on Wednesday, oil and gas, power and banking stocks down

After a record on Tuesday, Indian stocks witnessed selling pressure in oil and gas, power and banking stocks.

Jun 23, 2021

Sensex opens 600 points down but trims losses soon

Monday's Sensex opened with 600 points down soon after Federal Reserve official Jim Bullard suggested that the first interest rate hike by the US central bank by the end of 2022

Jun 21, 2021

Mr. Akhil Poddar - Inspiring many entrepreneurs to live there dream life

Akhil Poddar Said You must gain control over your money or the lack of it will forever control you

Jun 18, 2021

Sensex tumbles 650 points as metal, oil and gas stocks lead selloff

Sensex losing over 650 points on Friday morning caused by across-the-board selloff led by metal, oil and gas amid fears of FPIs diverting funds due to positive US Fed projections

Jun 18, 2021

Adani Total up 921%, Adani Enterprises up 890% vs 60% for Nifty in last 1 year

In the last year, Adani Total Gas increased by 921 per cent, while Adani Enterprises increased by 890 per cent, compared to a 60.7 per cent return for the NSE Nifty index. However, Adani Group investors have lost Rs 1.10 lakh crore in the last three trading sessions.

Jun 17, 2021

Adani's woes continue; shares of 3 group companies hit lower circuit on third consecutive day [details]

It's worth noting that some of Adani's publicly traded equities have increased in value by more than six-fold since the beginning of 2020.

Jun 16, 2021

Ronaldo knocks off $4 billion from Coca-Cola's value just by doing THIS [watch]

Spanish newspaper has reported that Coca-Cola's shares took a dive and left the company with billions of dollars in losses after Ronaldo's endorses water over Coke.

Jun 16, 2021

NSDL says accounts of foreign funds holding Adani stocks not frozen: Report

Adani Ports had clarified that the media reports on freezing of accounts of foreign funds were published to deliberately mislead the investing community.

Jun 15, 2021

Jai Karan Walia: Upscaling new heights, setting benchmarks for others to follow in the world of Entrepreneurship.

Jai Karan Walia Said My prioritized activities at work bringing in more efficiency within my team, simplifying processes, and cutting the clutter have helped me and my team tons to succeed further.

Jun 13, 2021

Somayeh Noor on Helping people Find Fulfillment in their Lives

Somayeh Noor Said I was always passionate about exploring different avenues as an entrepreneur. Now I am living that dream

Jun 8, 2021

Franklin Templeton APAC head Vivek Kudva may appeal against SEBI ban

After the Securities and Exchange Board of India (SEBI) imposed a one-year suspension on Vivek Kudva, the Head of Asia Pacific Distribution for Franklin Templeton, he is considering appealing the ruling to the Securities Appellate Tribunal (SAT).