News

Cabinet nod to reduce government stake in BPCL, Concor, SCI

Business News From Hindu - 1 hour 32 min ago
The government will sell its 53.29% stake in BPCL after taking out Numaligarh refinery from its portfolio.
Categories: Business News

Strengthening regulation

Business Standard - 1 hour 33 min ago
Sebi should have taken up the issue of auditors' resignations
Categories: Business News

Street quiet as Blue Dart delivers muted results for a 7th straight quarter

Business Standard - 1 hour 34 min ago
Investors advised to wait for traction in revenues and margins before considering stock
Categories: Business News

Daimler CEO says electric cars need incentives to become mainstream

Reuters Business News - 1 hour 41 min ago
Daimler Chief Executive Ola Kaellenius on Wednesday said the resulting drop in sales of electric and hybrid vehicles in China after incentives were curbed shows that they are still needed.
Categories: Business News

Valuation disparity broadens even as Sensex, Nifty hit all-time highs

Business Standard - 1 hour 42 min ago
Median P/E multiple of top 100 companies by market value is nearly 30 times their trailing 12-month earnings
Categories: Business News

Telecom dept may approach Trai again for view on spectrum recommendations

Business Standard - 1 hour 45 min ago
Experts also feel that the telecom industry is not ready for an auction and the government can instead explore other ways of making available the airwaves to companies
Categories: Business News

GM sues Fiat Chrysler, alleging bribery of union officials cost it billions of dollars

Reuters Business News - 1 hour 51 min ago
General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages, costing GM billions of dollars.
Categories: Business News

PE/VC firms invested over $2 bn in NBFCs, despite IL&FS crisis of 2018

Business Standard - 1 hour 51 min ago
According to Venture Intelligence data, this year's total come from 33 deals; there were 37 in 2018
Categories: Business News

Tesla needs safeguards to prevent drivers from sleeping on 'Autopilot' - U.S. senator

Reuters Business News - 1 hour 55 min ago
Democratic U.S. Senator Ed Markey asked Tesla Inc on Wednesday to disable its "Autopilot" driver-assistance system until it installs new safeguards to prevent drivers from evading system limits that could let them fall asleep.
Categories: Business News

Govt clears Code on Industrial Relations Bill; retrenchment norms not eased

Business Standard - 2 hours 2 min ago
Proposes to give legal backing to fixed-term employment
Categories: Business News

Govt to set up unified regulator for IFSC, introduce Bill in Lok Sabha

Business Standard - 2 hours 5 min ago
The decision was taken at a meeting of the Union Cabinet on Wednesday
Categories: Business News

India to offload Bharat Petroleum in state stake sell-off

Reuters Business News - 2 hours 8 min ago
India has agreed to sell stakes in five state-run companies, including oil refiner Bharat Petroleum Corp (BPCL), finance minister Nirmala Sitharaman said on Wednesday, a move that could help bridge a widening fiscal gap.
Categories: Business News

Realty check: Current rates and unit sizes in Rs 1-1.5 crore price range

Business Standard - 2 hours 9 min ago
If you are looking at buying real estate, an idea about prevailing rates would come in handy
Categories: Business News

It's time you thought about tax-saving investments; ELSS can be one option

Business Standard - 2 hours 13 min ago
Among tax-saving investments, they have the lowest lock-in period of three years only
Categories: Business News

Govt entities can pay contractors in challenge against arbitration awards

Business Standard - 2 hours 15 min ago
The measures approved would help in ensuring that remedies of challenge/appeal are resorted to in judicious manner, and in furthering objective of infusion of liquidity into the construction sector
Categories: Business News

Cabinet okays setting up of National Institute for Sowa-Rigpa in Leh

Business Standard - 2 hours 15 min ago
The National Institute of Sowa Rigpa would identify the best Sowa-Rigpa treatment
Categories: Business News

GST filing system working smoothly within its threshold: Infra provider

Business Standard - 2 hours 16 min ago
GSTN claimed that more than 11.52 lakh GSTR3B (October) returns were filed on Tuesday out of which about 1.82 lakh returns were filed in a peak hour
Categories: Business News

From pig power to cleaner stoves, the world of carbon offsets

Reuters Business News - 2 hours 17 min ago
Carbon offsetting, already a multi-billion dollar industry, will get a major boost from the launch of an international scheme to offset aviation emissions, called CORSIA, in 2021.
Categories: Business News

Govt approves proposal for enactment of legislation for recycling of ships

MoneyControl Business News - 2 hours 21 min ago
The proposed Bill restricts and prohibits the use or installation of hazardous material, which applies irrespective of whether a ship is meant for recycling or not.
Categories: Business News

Now, seller returning cash to realty buyer

Business Standard - 2 hours 23 min ago
The government needs to make the method of calculating the ready-reckoner rate for each locality completely data driven and transparent
Categories: Business News