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Business
India files application in Singapore High Court against verdict
9 Feb 2021 5:30 PM IST
Int’l arbitration tribunal’s ruling in Vodafone case New Delhi, Feb 8: India has challenged in the Singapore High Court an international arbitration tribunal’s verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc, and the order passed in Cairn Group’s case is...
Business
5G roll-out in India likely by early 2022
9 Feb 2021 5:30 PM IST
New Delhi, Feb 8: The government expects that the roll-out of 5G services will begin in early 2022 after another round of spectrum auction that is planned to be held after six months, according to a panel report tabled in Parliament today. The Standing Committee on Information Technology pulled up...
Business
Titan launches fitness gear brand TraQ
9 Feb 2021 5:30 PM IST
New Delhi, Feb 8: Country’s largest watchmaker Titan has expanded its portfolio within the wearable category by launching its new smart fitness gear brand TraQ. TraQ is the first-ever smart gear developed entirely by Titan and conceptualised in-house at the design studio in Bengaluru, the company...
Business
Labour Ministry to finalise rules under 4 codes by this week
9 Feb 2021 5:30 PM IST
New Delhi, Feb 8: The Ministry of Labour and Employment is likely to complete the process to finalise the rules under the four labour codes paving the way for making reforms a reality soon. Besides, the ministry is also progressing to roll out a web portal by June 2021 for registration and other...
Business
Sensex, Nifty hit new highs, oil & gas stocks rise
9 Feb 2021 5:30 PM IST
Mumbai, Feb 9: The Indian stock market opened on a positive note on Tuesday with the key indices hitting new highs.The BSE Sensex touched an all-time high of 51,606.25 and the Nifty50 on the National Stock Exchange a record high of 15,197.80 points as healthy buying was witnessed in oil and gas and...
Business
Nifty up 14 times in 25 years
9 Feb 2021 5:30 PM IST
Bengaluru, Feb 9: NSE Nifty is up 14 times in 25 years, traversing its journey from 1,107 to 15,000 points mark in the last 25 years.For the first time in history, the Nifty closed above the psychological mark of 15,000 on February 8, 2021.According to a report by Motilal Oswal Financial Services,...
Business
Record Highs: Sensex, Nifty continue to rise; banking stocks gain
9 Feb 2021 5:30 PM IST
Mumbai, Feb 9: The Indian stock market continued its gaining spree during Tuesday's mid-afternoon session as the key indices reached new record highs during the intra-day trade.Accordingly, the market opened at record high on back of favourable cues from global bourses.The market continued to remain...
Business
Govt to soon bring bill on cryptocurrencies
9 Feb 2021 5:30 PM IST
New Delhi, Feb 9: The government will soon bring a bill on crypto currencies as existing laws are inadequate to deal with issues concerning them, Minister of State For Finance Anurag Thakur told Rajya Sabha on Tuesday. Replying to a question in the Upper House, Thakur said regulatory bodies like RBI...
Business
ONGC cuts carbon intensity by over 12% in 5 yrs: Chairman
8 Feb 2021 5:30 PM IST
New Delhi, Feb 7: State-owned Oil and Natural Gas Corporation (ONGC) has cut carbon emission intensity of its operations by over 12 per cent in the last five years as part of making its operations more sustainable, Chairman and Managing Director Shashi Shanker has said. Shanker, speaking at the 15th...
Business
Vehicle owners will benefit more: Transport Secy
8 Feb 2021 5:30 PM IST
Scrapping policy New Delhi, Feb 7: Union Road Transport and Highways Secretary Giridhar Aramane says that the new scrapping policy has been brought keeping in view the interests of vehicle owners, not the automobile industry. “The scrapping policy will not just reduce the economic loss of vehicle...
Business
Indian start-ups developing, making products for military use: Kovind
6 Feb 2021 5:30 PM IST
Bengaluru, Feb 6: President Ram Nath Kovind on Friday said many start-ups in the country were developing technologies and products for military use."Through start-up manthan, many start-ups are developing new technologies and products for military use. The platform is also helping us develop...
Business
Bharti Airtel posts Rs 854-cr consolidated net profit in Q3
5 Feb 2021 5:30 PM IST
Mumbai, Feb 4: The country’s largest lender SBI today reported a 4.20 per cent decline in consolidated December quarter net profit at Rs 6,257.55 crore, largely because of a higher base in the year-ago period where it had benefitted from a Rs 4,500-crore one-off income. On a standalone basis, the...
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