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Business

Liquidity deficit challenge before Reserve Bank of India

The Reserve Bank of India (RBI) may announce open market operations (OMOs) and variable repo auctions on Septe...

Iran offer for Farzad-B

Iran has offered ONGC Videsh Ltd and its partners a 30 per cent interest in the development of the Farzad-B ga...
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Neelachal out of Tata Steel rejig

Neelachal Ispat Nigam Ltd, the public sector steel mill acquired by Tata Steel Long Products Ltd earlier this ...

Focus on export duty rebate

The five-year foreign trade policy, due on September 29, is likely to remove anomalies in the Remissions of Du...

UK upbeat on free trade pact

The free trade agreement (FTA) talks between India and the UK are now in their final phase and despite some ou...

Kwality Wall’s hits Rs 1000 crore mark

Kwality Wall’s, the frozen dessert brand of Hindustan Unilever, has reached a business of Rs 1,000 crore...

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Business  /  Published 23.09.22

Sensex sinks; rate hikes

The Sensex tumbled 1,020 points while the Nifty crashed below the 17,350-mark on Friday as a flurry of rate hikes by global central banks spooked investors and sparked a global sell-off. The rupee br...
By PTI in Mumbai

Business  /  Published 23.09.22

Rupee falls 19 paise

The rupee slumped 19 paise to close at a fresh lifetime low of 80.98 against the US dollar on Friday, weighed down by the strong American currency overseas and risk-off sentiment among investors. At ...
By PTI in Mumbai

Business  /  Published 23.09.22

Rich list: Adani back at No. 2

A game of snakes and ladders is taking place on the global wealth charts. India’s own mega-tycoon, Gautam Adani, has moved back into second place on the Forbes Real-Time Billionaires list which ...
By Paran Balakrishnan

Business  /  Published 23.09.22

'New telecom bill in next 6-10 months'

The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will...
By PTI in New Delhi

Business  /  Published 23.09.22

Caelux: RIL acquires 20% stake for $12 mn

Reliance Industries Ltd on Friday said it has acquired a 20 per cent stake in California-based solar tech firm Caelux for USD 12 million as it strengthens its new energy manufacturing capabilities. R...
By PTI in New Delhi

Business  /  Published 23.09.22

Sensex declines

Equity indices began the trade on a weak note, falling for the third day running on Friday, amid an overall bearish trend in global markets. The 30-share BSE Sensex declined 319.3 points to 58,800.42...
By PTI in Mumbai

Business  /  Published 23.09.22

Rupee slips below 81-mark

The rupee depreciated 44 paise and slipped below the 81-mark against the US dollar for the first time in early trade on Friday, weighed down by the strong american currency and risk-off sentiment amon...
By PTI in Mumbai

World  /  Published 23.09.22

Misleading info: Boeing to pay $200 million

US authorities said Boeing and its former leader, Dennis Muilenburg, had "put profits over people" and misled investors about the safety of its 737 MAX planes after the 2018 and 2019 crashes...
By Deutsche Welle

Business  /  Published 23.09.22

6 subsidiaries in Tata Steel to merge

Tata Steel will merge with itself six of its subsidiary companies, a statement said on Friday. A proposal in this regard was approved by the Board of the company on Thursday, it said. "The Boar...
By PTI in New Delhi

India  /  Published 23.09.22

On ED, FM refutes govt role

Union Finance Minister Nirmala Sitharaman on Thursday said the government does not interfere in the functioning of the Enforcement Directorate (ED) and rejected the Opposition criticism that the centr...
By PTI in Pune


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