Browsing Category
Business News
Twitter threatens legal action against Meta over Threads: Report
Twitter CEO Linda Yaccarino has also not publicly commented on Wednesday's letter, but seemingly appeared to address Threads' launch in a Thursday tweet.
Byju’s proposes to form committee to advise CEO
At the company’s extraordinary general meeting, Raveendran told shareholders that the committee will consist of independent directors.
Domestic market retreats from record high as interest rate hike fear looms
Investors are now worried that the Federal Reserve will increase interest rates later this month and keep them at elevated levels to bring down consumer inflation.
Reliance Retail to reduce share capital
According to analysts, this move will make it easy for the company to take decisions regarding any future restructuring, IPO, or mergers and acquisitions.
Markets trade with marginal gains amid weak trends in global equities
The 30-share BSE Sensex climbed 54.09 points to 65,500.13 in early trade. The NSE Nifty went up by 21.15 points to 19,419.65.
PFC extends financial assistance for BS-VI grade fuels of HPCL Rajasthan Refinery Project
New Delhi/Barmer: Power Finance Corporation Ltd. (PFC), a Maharatna Company and India's leading NBFC in the power sector has extended its financial Assistance for ₹ 9,187 cr to HPCL Rajasthan Refinery Ltd for its 9 MMTPA…
Market cap of BSE-listed firms surpasses Rs 300 lakh crore mark
Market value is more than India’s FY23 GDP and on a par with the FY24 GDP projection
REC extends Rs 4,785 Crore for HPCL Rajasthan Refinery’s 73k crore project in Barmer
New Delhi: HPCL Rajasthan Refinery Limited (HRRL) executed a loan agreement under consortium arrangement for Rs.48,625 crore wherein the share of state-run REC Ltd is ₹4,785 crore.
HRRL is setting up a green field refinery cum…
World class facilities need to be provided to players to win Olympic medala: REC CMD
New Delhi: As the Indian junior squad was all set to leave for Badminton Asia Junior Championships, Mr. Vivek Kumar Dewangan, CMD, REC announced on Sunday, “The target is to groom and nurture our young players right from sub-junior level.…
Centre to soon notify rules for setting up GST appellate tribunals
CBIC member (GST) Shashank Priya said the department is working to expand the taxpayer base and doing data triangulation with the corporate taxpayers in income tax regime.
Sensex breaches 65,000 mark for first time ever; Nifty also reaches new all-time high level
Rallying for the fourth straight day, the 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade.
Rupee rises 33 paise to 81.77 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened at 82.01 against the dollar and then rose to 81.77, registering a gain of 33 paise over its previous close.
Ensure no mismatch in income disclosed in ITR, bank statement
In a bid to prevent people from claiming false refunds, the government is getting stricter and in future, it will get more vigilant to take such taxpayers to the task.
Government’s total debt crosses 156 lakh crore by Mar ’23; up 11 per cent from previous year
The Central government’s total debt comprises three large components – internal debt, external debt and other liabilities comprising small savings deposits, state provident funds, etc.
‘Bijli Utsav’ organized by REC in Jharkhand as a part of Azadi Ka Amrit Mahotsav
Gurugram: As a part of ‘Azadi Ka Amrit Mahotsav’ – celebrating - 75 years of Independence, REC Limited, a Maharatna Company under the Ministry of Power, Govt. of India, organized ‘Bijli Utsav’ in Ranchi in Jharkhand. Dignitaries such as…
Nokia renews patent license agreement with Apple, covering 5G and other technologies
Nokia expects to recognize revenue related to the agreement starting January 2024, and the company said the deal is consistent with its long-term outlook disclosed in the first quarter.
Core sector industries’ output grows 4.3 per cent in May
The eight core sector industries slowed down to 4.3% in May as compared to the same month last year when this sector grew at 19.3%.
BigBasket loss widens to Rs 1,535 crore in 2022-23
Tofler said the loss of BigBasket increased by 89 per cent, implying the company had posted a loss of around Rs 812 crore in 2021-22.
Dream11 to replace Byju’s as jersey sponsor of India cricket team
Byju's had replaced Oppo as the lead sponsor of Indian team jerseys in September 2019.
Govt raises interest rates on select small saving schemes by up to 0.3 per cent
During the second quarter of the current fiscal, RD holders would get 6.5 per cent against the existing 6.2 per cent, as per the finance ministry notification.
