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. The Goods and... 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 firm, to be... 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 cash, a joint-statement... 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 Sensex and NSE... 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 to play down... 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 data showed on... Read more »
Subdued global markets and a weak Indian rupee pulled the domestic equity indices lower on Thursday, with the BSE Sensex closing 179 points lower. Globally, investor sentiments were weighed down by the ongoing... 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 ED said in... 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 port developer and... 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 on Wednesday. Benchmark Asian... Read more »