Securities Exchange Board of India (SEBI) has allowed Hapur Commodity Exchange to discontinue operations as a bourse, making it the seventh derivatives exchange to exit after the merger of Forward... Read more »
The central government on Saturday said that July 1 will be celebrated as the “GST Day” to commemorate the first year of the “unprecedented reform of Indian taxation” system.... Read more »
Tata Steel and Thyssenkrupp AG on Saturday signed definitive agreements to combine their European steel businesses in a 50:50 joint venture (JV) in a new company. The proposed new... Read more »
Radisys Corporation, an open telecom solutions provider, and Reliance Industries Limited (RIL), have entered into a definitive agreement under which RIL will acquire Radisys for $1.72 per share in... Read more »
Value buying, along with broadly positive global bourses and a recovery in Indian rupee, aided the key Indian equity indices to make substantial gains on Friday. Both the BSE... Read more »
Noting that the earlier fall of the rupee to a record low in 2013 had prompted extraordinary measures from the RBI, Interim Finance Minister Piyush Goyal on Friday sought... Read more »
India’s budgetary fiscal deficit for April-May 2018-19 stood at 55.3 per cent — Rs 3.45 lakh crore — of the full year’s target of Rs 6.24 lakh crore, official... Read more »
Gitanjali Group chief Mehul Choksi exported abysmally low quality goods at inflated prices to dummy companies abroad and the group’s books were manipulated by using third-party remittance system, the... Read more »
Adani Ports on Thursday acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port near Chennai. Adani Ports, India’s largest... Read more »
Negative global cues, including rising crude oil prices and the escalating trade war concerns along with a weak Indian rupee, pulled the domestic equity indices deep into the red... Read more »