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CCI Seeks DIPP Views on Discount Norms for E-commerce Marketplace Platforms Having FDI

As per the current guidelines, domestic e-commerce marketplace platforms having FDI can not directly or indirectly influence the prices.

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Can’t Fly Beyond 60 Days is Incorrect and Malicious Says Jet Airways

Jet Airways has been implementing several measures to reduce cost as well as realise higher revenues, for desired business efficiencies.

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Cyrus Mistry Approaches NCLAT Against His Removal from Tata Sons

Mistry in his pleas primarily argued that his removal was not in accordance with the Companies Act and that there was rampant mismanagement of affairs across Tata Sons.

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IFC Invests 25 Million Dollars in Mahindra Rural Housing Finance

Last month, IFC had committed USD 100 million in Mahindra Financial Services to increase loans to farmers for buying tractors, commercial vehicles, and other equipment for modern farming.

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Sensex Rises Over 250 points, Nifty Reclaims 11,300 Mark

Major gainers were Kotak Bank, ONGC, Axis Bank, HDFC, Yes Bank, RIL, TCS, M&M, Sun Pharma, Power Grid, Vedanta, Tata Motors, Adani Ports, Maruti Suzuki, SBI, NTPC, Coal India, Bajaj Auto, HDFC Bank and Tata Steel, rising up to 2 per cent.

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ONGC Q1 Profit Up 58% to 6,144 Crore

ONGC realised USD 71.48 for every barrel of crude oil it produced in the April-June quarter of the current fiscal, up 47.6 per cent over USD 48.42 a barrel in the year-ago period.

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Jet Airways Flies into Financial Turbulence; Pilots Reject Pay Cut Proposal

According to the airline, the ongoing talks with employees, including pilots, is in line with its stated focus of creating a "healthier and a more resilient business".

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Rupee Declines 7 Paise, Hits Fresh 1-week Low Against US Dollar

The dollar's gains against other currencies overseas on worries over escalating trade tensions between the US and China, also impacted the rupee sentiment.

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Apple Makes History, Becomes World's First Trillion Dollar Company

Started in the garage of co-founder Steve Jobs in 1976, Apple has pushed its revenue beyond the economic outputs of Portugal, New Zealand and other countries.

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Swiss Can Give Bank Client Data to India in Tax Dodge Case: Court

The case involved information leaked by whistleblower Herve Falciani, a French citizen who worked for HSBC's Swiss private bank and in 2008

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Ongoing Enquiry Against Kochhar May Lead to More Scrutiny, Says ICICI Bank

The Audit Committee of the bank had instituted an independent enquiry, headed by former Supreme Court Judge B N Srikrishna, to probe various allegations against Chanda Kochhar.

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Ready to Undertake Projects of Amrapali Group, NBCC tells SC

A bench of justices Arun Mishra and UU Lalit asked the NBCC to place a concrete proposal before it within 30 days on how they could complete the projects of the Amrapali group.

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Sensex Plunges 356 Points, Nifty Drops Below 11,300-Mark

Asian and European stocks dropped as the latest escalation in the Sino-US trade spat weighed on investor sentiment.

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