Business

Those who celebrated Pak’s win should go and live there: Rizvi

June 22: Those who celebrated Pakistan team’s victory in the recently concluded ICC Champions trophy final should go and live there, National Commission for Minorities (NCM) chairman Gairul Hasan Rizvi has said.

Panneerselvam faction of AIADMK to support NDA nominee

June 22: A day after AIADMK faction led by chief minister Edappadi K Palaniswami extended support to the NDA’s presidential nominee Ram Nath Kovind

GJM bandh enters eight day

June 22: Ambulance services were hit and TV cable connections snapped in some areas as the GJM- sponsored indefinite shutdown in Darjeeling hills entered the eight day today.

Misbehaviour with woman passenger: Uber removes driver

June 22: Cab aggregator Uber today said the company has removed from service the driver, who had allegedly misbehaved with a woman IT professional at Technopark here.

5 farmers, cops injured during protest near Mumbai

June 22: At least five farmers and policemen were injured when a protest turn violent at Kalyan Nevali, nearly 60 km from Mumbai.

A midnight event at Parliament’s Central Hall will herald the birth of GST

June 21: The historic Central Hall of Parliament will witness a special event at the stroke of midnight on June 30 when India’s biggest tax reform - the Goods and Services Tax (GST) will be launched converting the country into a unified market.

Indian startup develops ’smart’ wearables to boost fitness

June 21: An Indian start-up has developed a range of fitness wearables, such as ’smart’ shoes and bands, integrated with a first-of-its-kind artificial intelligence (AI)

Domestic airlines shows 17 percent growth in number of passengers

June 21: Indian domestic airlines for the first time carried over one crore passengers in a month in May as the number of fliers rose by over 17% this year so far.

Sensex surrenders record gains on GST blues, mixed global cues

June 21: The BSE Sensex slipped from record highs to close down by over 14 points today on profit booking in recent gainers as investors turned cautious apprehending early glitches in GST rollout amid mixed global cues.

India ratifies TIR, to boost trade

June 21: India has become the 71st country to ratify the United Nations TIR Convention.

Raymond sets up facility in Ethiopia

June 21: Textile major Raymond, through its wholly-owned subsidiary Silver Spark Apparel Ethiopia, on Tuesday commissioned its greenfield garment manufacturing facility in Ethiopia.

’Housing credit growth slows to 16% in FY17’

June 21: Total housing credit growth moderated to 16% in the financial year 2016-17 due to lack of new project launches and as investors deferred their home purchase decisions, according to rating agency Icra.

RBI to hold rates in near term: D&B

June 21: The Reserve Bank is likely to keep key policy rates “unaltered” in the near term as prices of goods and services are expected to be volatile post GST and favourable inflation base effect wanes out, says a report.

Midnight event to usher in GST

June 21: The historic Central Hall in Parliament will witness a special midnight event on June 30 to roll out India’s biggest tax reform---the Goods and Services Tax (GST).

Sensex makes a shaky start as oil heads down

June 21: The Sensex took off on a bumpy note -- in step with Asia -- by stumbling 63 points today as oil prices took a big beating on concerns of oversupply.

Absence of e-way system under GST will not impede movt of goods: official

June 20: After the goods and services tax (GST) roll out, movement of goods will not be impeded even if the e-way system is not placed, a senior finance ministry official said Monday.

India plans SAARC meet for startups: Nirmala

June 20: India is planning to organise a meet of startups of the South Asian region for exchange of new ideas and promoting interaction among them.

Bosch picks Bengaluru for 3rd AI centre

June 20: The German automotive components and technology supplier Bosch Group has chosen Bengaluru as one of the three global centres to set up a dedicated centre for artificial intelligence (AI).

Huge discounts online ahead of GST

June 20: Online marketplaces like Flipkart, Amazon, Paytm Mall and ShopClues have geared up to lure consumers with around 80% discounts on fashion

E-way absence won’t affect goods movement: official

June 20: After the goods and services tax (GST) roll out, movement of goods will not be impeded even if e-way system is not place, a senior finance ministry official said on Monday.

SpiceJet orders 40 Boeing 737 MAX planes for $4.74 b

June 20: No-frills carrier SpiceJet on Monday announced that it has entered into an MoU with US aircraft giant Boeing for 40 737 MAX planes that is valued at $4.74 billion at current list prices.

Lenders meet to chart action plan for 12 NPAs

June 20: Lenders on Monday began meeting to initiate proceedings against 12 stressed accounts identified by the Reserve Bank to be referred under the Insolvency and Bankruptcy Code (IBC), sources said.

Sensex soars 255 pts to end at new peak

June 20: Positive global cues coupled with upbeat domestic sentiment helped the S&P BSE Sensex and the Nifty Bank Index end at a record highs on Monday.

India ratifies TIR, to boost trade

June 20: India has become the 71st country to ratify the United Nations TIR Convention.

Sensex adds to gains, up 81 pts on overseas cues

June 20: The Sensex started to capitalise on earlier gains by jumping 81 points to 31,393 today as rising Asian shares kept the pitch conducive to buy more.

Airtel accuses Jio of predatory pricing; big 3 telcos meet IMG

June 17: India’s largest telecom company Bharti Airtel today accused newcomer Reliance Jio of predatory pricing and demanded that operators be paid more for calls terminating on their networks as also the right to retain customers through incentives.

Amazon to buy Whole Foods Market for $13.7 billion

June 17: Amazon, the Seattle-based online retail giant, on Friday, announced its entry into the brick and mortar grocery space by acquiring natural and organic foods supermarket chain Whole Foods Market in an all-cash deal valued at $13.7 billion.

Public banks need more capital: Mundra

June 17: The Reserve Bank of India (RBI) Deputy Governor S S Mundra on Friday said that public sector banks (PSBs) may need more capital than the government’s allocation of Rs 70,000 crore in the next four years.

Tejas Networks IPO subscribed nearly 2 times

June 17: Bengaluru-based Tejas Networks’ initial public offering, which closed on June 16, has been subscribed nearly two times.

Infy appoints Sawhney as group general counsel; Dadlani quits

June 17: Infosys, the country’s second-largest software services firm, on Friday announced the appointment of former Wipro executive Inderpreet Sawhney as its group general counsel.

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