Category: Business

SEBI approves new KYC norms for foreign investors

Mumbai: Market regulator Securities and Exchange Board of India (SEBI) on Tuesday approved revised framework for settlement of cases and…

RBI can sell USD 25 bn more to arrest rupee fall: SBI report

Mumbai: The Reserve Bank of India (RBI) should intervene in both spot and forward markets to arrest Indian rupee's depreciation,…

Markets open on high note on Wednesday

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.…

Tesla confirms it is under probe by US Justice Department

San Francisco: Electric car maker Tesla has confirmed that it is under probe by the US Department of Justice (DOJ)…

Home interior startup Livspace raises Rs 500 crore in funding

Bengaluru: Home interior and renovation platform Livspace on Wednesday announced it has secured $70 million (nearly Rs 500 crore) in…

Trump slaps tariffs on $200 bn of Chinese goods, Beijing hits back

Washington: US President Donald Trump has stepped up his trade battle with China by slapping 10 per cent tariffs on…

Petrol nears Rs 90/litre in Mumbai, over Rs 85 in Chennai

New Delhi: Continuing an upward movement, prices of petrol and diesel scaled new highs on Tuesday, with petrol nearing Rs…

Not filed for consent settlement with SEBI: ICICI Bank

Mumbai: Hours after an official of securities market regulator SEBI said that ICICI Bank has filed for settlement through consent…

Centre exempts tax for interest income on select off-shore rupee denominated bonds

New Delhi : The union government on Monday announced that interest payable by an Indian company or a business trust…

Platforms for SME & MSME to maximize their business this festive season

New Delhi: Cash flow is always the biggest challenge faced by the SME and MSME sector especially during the festive…

Socomec to display switching equipments at Renewable Energy Expo

New Delhi: Socomec, a world leader in industrial switching will display array of photovoltaic switching equipments for Solar Park and…

Hong Kong, Shanghai stocks end day with gains

Hong Kong: Hong Kong and Shanghai stocks rose Tuesday after Donald Trump delayed imposing the highest tariffs on Chinese imports…

Global trade tensions dent rupee; closes at 72.98

Mumbai: The latest global trade protectionist measures, along with high crude oil prices, dragged the Indian rupee to a fresh…

Rupee hits new low, slips to 72.96

Mumbai: The Indian rupee hit a fresh low of 72.96 to a US dollar on Tuesday.

Equity indices end in red for second straight session

Mumbai: The key Indian equity indices provisionally closed in the negative territory for the second successive day on Tuesday, with…

SBI to auction 8 bad loan accounts to recover Rs 3,900 cr

Mumbai: The State Bank of India (SBI) has put eight non-performing assets (NPAs), or bad loan accounts, on sale to…

Equity indices open in green

Mumbai: The key Indian equity market indices opened in the positive territory on Tuesday. Healthy buying activity was witnessed in…

Canadian firms showcase smart city solutions in Bengaluru

Bengaluru: Ten Canadian firms on Monday showcased smart city solutions here for Indian stakeholders. "Based on Artificial Intelligence (AI) and…

Indian cab aggregator Ola to launch in New Zealand

Bengaluru: Indian ride-sharing major Ola on Tuesday said it will soon launch its services in New Zealand starting with Auckland,…

Saudi Arabia invests $1bn in Tesla competitor Lucid

Riyadh: Saudi Arabia on Monday announced it has signed off on a $1 billion investment in US carmaker Lucid Motors…