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Mukesh Ambani and Anil Ambani

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

Three Chinese banks have taken Anil Ambani to London court over $680 million default on loan to defunct Reliance Communications Ltd; Banks claim the embattled tycoon gave a personal guarantee to the loans Nov 9, 2019
Ravi Shankar Prasad

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms. Nov 7, 2019
Infosys

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

The company has not disclosed how many such employees were fired in the recent past. Nov 6, 2019
Mumbai International Airport

Will Gautam Adani bag crown jewel Mumbai airport to add to 6 airports in kitty?

Adani Properties wants the deadline for closing the deal to acquire Bidvest's 23.5% stake in Mumbai airport pushed to February 7; time granted to airport's majority shareholder GVK to enforce the first right of refusal ends on Thursday. Nov 6, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

The surge was led by gains in Infosys, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, Larsen & Toubro, Sun Pharma and HDFC Bank. Nov 6, 2019
onion

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

This decision was taken at a meeting of the inter-ministerial committee headed by Consumer Affairs Secretary Avinash K Srivastava on November 5, reviewing the prices and availability of onions in the country. Nov 6, 2019
Nirmala Sitharaman

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

FM Sitharaman claimed the government and the RBI are working to resolve issues the realty sector is facing. Nov 6, 2019
india fuel prices

Petrol prices fall for 5th consecutive day, diesel price unchanged: Check latest rates in key cities

The Indian oil website shows the petrol rates in Delhi, Kolkata, Mumbai and Chennai -- Rs 72.60/litre, Rs 75.32/litre, Rs 78.28/litre and Rs 74.45/litre respectively. Nov 5, 2019
LIC

Explainer: Why LIC plans to scrap high-yielding schemes from November 30

LIC's insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30. Nov 4, 2019
Airtel vs Reliance Jio

Will official panel proposals help telecom sector survive blow of huge levies?

The official panel may recommend measures to give respite to telecom players Vodafone Idea and Bharti Airtel without which the two may become unviable leaving the field clear for Reliance Jio. Nov 4, 2019
Petrol Diesel

Petrol, diesel prices fall for 4th consecutive day, check latest price in your city here

Diesel prices were reduced by five paise in Delhi, three paise in Kolkata and Mumbai, and two paise per litre in Chennai. Nov 4, 2019
Infosys

Infosys says no prima facie evidence found on whistleblower complaints

In a letter to the National Stock Exchange dated November 2, the company said the anonymous complaints were still under investigation. Nov 4, 2019
nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market today: Sensex crosses 40,400 to hit record high; Nifty above 11,900

The Sensex gained for the seventh straight session over the strong inflow of foreign funds and better than expected earnings post the corporate tax cut. Nov 4, 2019
State Bank of Indi

SBI to auction NPAs worth Rs 700 crore in November to recover dues

There will be three auctions in the month and the total amount outstanding is Rs 700.34 crore, according to SBI's auction plan. Nov 4, 2019
WTO

Withdraw prohibited export subsidies, WTO dispute panel recommends India

According to the USTR, the WTO agreed with the US that India provides prohibited subsidies to exporters worth over $7 billion annually. Nov 1, 2019
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