SEBI, MCA probing PWC’s resignation as auditor of RCap, Reliance Home Fin
Donald Trump talks trade with Apple CEO Tim Cook as China dispute looms
France’s Total close to buying 30% in Adani Gas for more than Rs 5,500 cr: Report
HDFC likely to sell 4.2% stake in Gruh today
The base deal size is expected to be 3.1 crore shares with an upsize option.
Government Cuts Employees’ State Insurance Contribution Rate To 4%
The reduced rates will take effect from July 1, 2019, the Ministry of Labour said in a release. It would benefit 3.6 crore employees and 12.85 lakh employers.
Infra sector representatives demand steps in Budget to promote investment
RITES rallies 6% on mulling bonus issue
RITES said a meeting of board of directors of the company is scheduled to be held on June 24 to consider the proposal for issuance of bonus shares.
Hexaware acquires Mobiquity Inc for $182 mn
R Srikrishna, CEO, Hexaware Technologies said “Hexaware enters an exciting new phase of growth and capability with the acquisition of Mobiquity Inc.
WPIData: WPI Inflation At 2.45% vs 3.07% MoM
Manufacturing Inflation At % vs 1.72% MoM
May WPI Data: Fuel, Power, Lighting Inflation At 0.98% vs 3.84% MoM
Food Inflation At 5.10% vs 4.95% MoM
Sachin Tendulkar sues Australian cricket bat maker over $2 million in royalties
IFFCO FY19 net profit down 10% at Rs 842 cr, turnover up 34% at Rs 27,851 cr
Turnover of the co-operative rose by 34 per cent to Rs 27,851.74 crore during 2018-19, from Rs 20,787.55 crore in the previous year.
Civil Aviation Minister Says Confident Jet’s Problems Will Be Solved
The airline and its lenders have been searching for new investors, while employee unions have been calling for government intervention.
No ban on corporates in MSME clusters; No trust deficit between govt industry: Nitin Gadkari
VW’s $18.6 billion truck IPO to test CEO’s overhaul plan
VW intends to offer stock in Traton SE for between 27 euros to 33 euros per share.
WhatsApp would sue users who violate its terms of usage
WhatsApp would use Artificial Intelligence (AI) to detect any malpractice on its platform.
SBI refuses to disclose communication from RBI, govt on electoral bonds, terms it ‘personal info’
HDFC sells further 4.22% stake in GRUH Finance for Rs 899 crore
The sale of 3,10,00,000 equity shares representing 4.22 of the issued and paid-up share capital of Gruh was carried out through stock exchanges at the prevailing market price.
Budget: From Slowing Growth To Low Demand, Key Challenges For The Economy
Analysts, investors and economists expect the government to address these concerns in its upcoming full-year Budget, scheduled to be presented in Parliament on July 5.
Tata Communications arm sells entire 26% stake in Singapore data centre biz to STT GDC
Walmart’s Flipkart, Startup GOQii Settle Dispute Over Sharp Discounting
In a joint statement on Friday, the companies said the dispute had been resolved and GOQii health devices would again be available on Flipkart.
Special GST Benefit Should Be Given For Spectrum Payment: Industry Body
The number of telecom subscribers in the country stood at 1,183.51 million at the end of March 31, 2019, according to TRAI data.
Dairy Board Urges Nirmala SitharamanTo Rationalize Taxes On Dairy Items
An official NDDB’s press release stated on Wednesday that Mr Rath also impressed upon the finance ministry to increase export incentives.
REC eyes over 10% growth in revenue at Rs 28,000 cr this fiscal
The company’s main source of revenue is interest income from advances or loans.
GST On Cars, Bikes To Be Brought Down? Here’s What Analysts Say
While the auto sector dominates the wish-list for now, experts also feel a relief to the salaried taxpayers and further rationalisation of GST rates will benefit all.
Government To Introduce Special Economic Zones Amendment Bill
The Central government will introduce the Special Economic Zones (Amendment) Bill, 2019 in the ensuing session of the Parliament.
India’s services exports up 2.8% to $18 bn in April
The services receipt or exports during April 2018 stood at $17.56 billion.
Exports Up 3.93% In May; Trade Deficit Widens To $15.36 Billion
Oil imports rose by 8.23 per cent to $12.44 billion and non-oil imports expanded by 2.9 per cent to $32.91 billion during the month under review.
Fraudulent trade: Sebi slaps Rs 45 lakh fine on five entities
Sebi had conducted an investigation into the trading activities of several entities.
United States suspends WTO intellectual property litigation against China
The panel of three adjudicators said the United States asked for the suspension on June 3 and China agreed the next day.
Sebi bars NDTV promoters Prannoy, Radhika Roy from accessing securities markets for 2 years
Prannoy and Radhika Roy also cannot hold management positions in NDTV during this period.