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Business
Mumbai Rains: Suburban train services of the Western Railways are suspended today.
Indian Railways operated Western Railway has mentioned a list of trains (on its official twitter handle) that are terminated/rescheduled/cancelled today due to heavy Mumbai rains. Suburban train services of the Western Railways are suspended today after heavy rains
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Read more: Mumbai Rains: List Of Trains Cancelled, Rescheduled, Terminated Today
Write comment (95 Comments)Tata Consultancy Services (TCS) is arranged to report its April-June revenues post-market hours todayIT significant Tata Consultancy Services (TCS) is set up to release its revenues for the June quarter after market hours today. Leading brokerages expect TCS, the nation's biggest IT services exporter, to report strong numbers and, in truth, lead the
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Read more: TCS To Kick Off April-June Earnings Season Today: What To Expect
Write comment (97 Comments)Tata Sons vs Cyrus Mistry: "An appeal on merits will be pursued," said Mr Mistry.
Cyrus Mistry's plea challenging his removal as Tata Sons' chairman was dismissed on Monday. The National Company Law Tribunal (NCLT) dismissed Mr Mistry's petition which had alleged oppression of minority shareholders and mismanagement by Tata Sons, drawing the
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Read more: "Not Surprised", Says Cyrus Mistry On Court Ruling In Favour Of Tatas
Write comment (99 Comments)EPFO members can withdraw money for post-matriculation education of their kids.
Retirement fund body EPFO or Employees' Provident Fund Organisation allows subscribers to withdraw money from EPF or Employees' Provident Fund for certain special purposes. EPFO recently allowed contributors to withdraw 75 per cent of the EPF balance if they have been
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Read more: 10 Situations In Which You Can Withdraw EPF Money Before Retirement
Write comment (91 Comments)Rupee-dollar (INR-USD) rate: The rupee traded in the range of 68.57-68.80 against the dollar on Monday
The rupee (INR) made some recovery against the US dollar (USD) on Monday. The rupee advanced by 15 paise to close at 68.72 against the greenback. Gains in the domestic equity markets, where the Sensex gained 276 points to register a five-month
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Read more: Rupee Recovers To 68.72 Against US Dollar: 10 Things To Know
Write comment (95 Comments)Indian currency stands out as one of the most vulnerable and worst performing currencies in Asia.
The Indian rupee on Monday strengthened by 30 paise to 68.57 against the US dollar in early trade at the forex market, reported Press Trust of India (PTI). The rise in Indian rupee on Monday is due to increased selling of the greenback by exporters and
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Read more: Rupee Rises Against Us Dollar Today. 5 Things To Know
Write comment (95 Comments)IndiGo's flight ticket offer is valid till July 13, 2018.
Budget passenger carrier IndiGo is offering domestic flight tickets at a starting all-inclusive price of Rs 1,212 under it's four-day anniversary sale. IndiGo's new promotional offer is valid till July 13, 2018. The airline's offer is available on 12 lakhs seats across 57 cities on its
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Read more: IndiGo Offers Flight Tickets From Rs 1,212 On 12 Lakh Seats
Write comment (93 Comments)State Bank of India (SBI) offers locker or safe deposit services in select branches. SBI charges an annual fee towards, depending on the size of the locker and the location of the branch, according to the bank's corporate website - sbi.co.in. SBI provides lockers, also known as 'safe deposit lockers', of eleven types, which are classified into
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Read more: Charges You Pay For State Bank Of India (SBI) Safe Deposit Locker Service
Write comment (99 Comments)Tata Sons Vs Cyrus Mistry: NCLT says Tata Sons board is competent to remove executive directors.
The National Company Law Tribunal (NCLT) on Monday dismissed Cyrus Mistry's plea for his illegal removal as Tata Sons' chairman. The Mumbai Bench of the NCLT ruled in favour of Tata Sons saying the board of directors are competent to remove executive
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Read more: No Merit In Cyrus Mistry's Case Against Sacking As Tata Chairman: Court
Write comment (96 Comments)The Indian rupee had actually touched a lowest level of 69.10 against the dollar on June 28. Indian rupee on Tuesday skidded 12 paise to open at 68.84 versus US dollar in early trade, reported Press Trust of India (PTI). The fall in Indian currency is due to fresh purchasing of the American currency by importers amid continual foreign fund outflows. According
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Read more: Rupee Dips Against US Dollar Today: Key Factors Affecting Forex Market
Write comment (99 Comments)Fall in demand from local jewellers and retailers at the domestic spot markets fuelled the downtrend.
Gold prices extended their losses for the second straight day on Monday owing to soft local demand and weak global cues. Silver prices were also subdued owing to reduced offtake by industrial units and coin makers. Gold prices shed Rs 20 to Rs
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Read more: Gold Extends Losses For Second Straight Day: 5 Points
Write comment (92 Comments)Sensex, Nifty in Monday's session: Stock markets started the week on Monday on a positive note.
The domestic stock markets started the week on Monday on a positive note. The S-P BSE Sensex rose 229.88 points or 0.64 per cent to trade at 35,887.74 in early morning trade. The Nifty50 index surged 65.65 points or 0.61 per cent to trade at
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Read more: Sensex Opens 230 Points Higher, Nifty Above 10,800
Write comment (100 Comments)High inflation for June should cement expectations for RBI to raise interest rates as early as August.
BENGALURU: Inflation likely rose to a near two-year high in June, driven by surging oil and food prices, a Reuters poll showed, a development that would strengthen calls for more monetary policy tightening by the Reserve Bank of India. According
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Read more: Retail Inflation In June May Have Hit 2-Year High, Forecasts Poll
Write comment (97 Comments)Healthy buying was witnessed in the banking, auto and metal stocks.
Domestic stock markets started the week on a positive note. The S-P BSE Sensex surged 276.86 points, or 0.78 per cent, on Monday to end at 35,934.72, a five-month closing high. The NSE's Nifty50 index rose 80.25 points or 0.74 per cent to settle at 10,852.90. Healthy buying was
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Read more: Sensex Closes At Highest Level In 5 Months
Write comment (95 Comments)AirAsia India's discounted tickets are available only for online bookings at airasia.com.
AirAsia India is offering domestic flight tickets at a starting all-inclusive price of Rs 999 under its special 'Low Fare Madness' offer. According to the official website of the carrier- airasia.com, under this offer, the tickets can be booked till July 15,
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Read more: AirAsia India Offers Flight Tickets From Rs 999 On These Routes
Write comment (91 Comments)The insolvency code replaced a web of archaic laws, some dating back a 100 years.
India's new bankruptcy law has instilled fear among delinquent borrowers and prompted several reluctant founders to repay outstanding debt due to the risk of losing their company, according to its insolvency regulator.
"There is a perceptible difference in the behavior
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Read more: Under New Bankruptcy Law, Firms Clear Rs 830 Billion In Dues: Official
Write comment (93 Comments)Monday marked a key decision by the court in the two-year old feud between Cyrus Mistry and Tata Sons
The NCLT or National Company Law Tribunal on Monday dismissed Cyrus Mistry's plea challenging his removal as chairman of Tata Sons. That marked a key decision by the court in the two-year old feud between Mr Mistry and Tata Sons. Mr Mirsty was
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Read more: Cyrus Mistry Vs Tatas: 5 Things You May Not Know About Ousted Chairman
Write comment (98 Comments)The new listed rates are applicable from 6:00 am on July 9, 2018.
Petrol and diesel prices across the four metro cities rose for the fifth straight day on Monday. According to the data on state-run Indian Oil Corporation's website, petrol price in Delhi today is Rs 76.36 per litre. In Chennai and Kolkata, petrol prices are Rs 79.25 per litre and
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Read more: Petrol, Diesel Prices Hiked Again. Check Latest Fuel Prices Today
Write comment (96 Comments)Altaba has been selling down its Yahoo Japan stake.
Tokyo: Yahoo Japan Corp is buying back around $2 billion worth of its shares from SoftBank Group Corp as part of a three-way deal with its top shareholders, U.S. investment firm Altaba Inc and SoftBank.
The deal will see Altaba, which was formerly the internet giant Yahoo! Inc, sell down its stake
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Read more: Yahoo Japan Buys Back $200 Crore Worth Of Shares From Softbank Group
Write comment (93 Comments)Cairn stated that it would continue to battle the Indian authorities in an arbitration case over the bill.Cairn Energy said on Monday it would document the worth of its investment in Vedanta Ltd after tax authorities sold $216 million worth of its shares in the mining company in a dispute over retrospective tax charges. Cairn said it still holds about
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Read more: Cairn Retrospective Tax Dispute: Taxman Sells $216-Million Vedanta Shares
Write comment (93 Comments)The Nifty gained 58 points, or 0.5%, on a weekly basis, after trading within a range of 10,604-10,816
Corporate earnings and macroeconomic data are expected to drive the stock markets in the coming week. While Tata Consultancy Services (TCS) is slated to kick off the corporate earnings season during the week, the government is due to release
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Read more: TCS, Infosys Earnings, Economic Data Seen Driving Equity Markets
Write comment (93 Comments)Stock markets Sensex, Nifty on Tuesday: At 12:28 pm, TCS shares traded at Rs 1,893.60.
The domestic stock markets rallied on Tuesday with the Sensex reclaiming the 36,000 mark and the Nifty recapturing at 10,900 level, according to a report by news agency Press Trust of India (PTI). At 12:25 pm, the S-P BSE Sensex traded at 36,186.33, with a
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Read more: Sensex Reclaims 36,000, Nifty Above 10,900; Adani Ports, RIL Lead Gains
Write comment (91 Comments)Trains under Central Railway were moving slow, but no service was cancelled.
Indian Railways operated Western Railway mentioned a list of trains rescheduled today because of Mumbai rains on its official twitter handle- @WesternRly. Suburban trains were running late by five to 15 minutes due to water-logging on rail tracks in some places. According
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Read more: Mumbai Rains: Check Full List Of Trains Rescheduled Today
Write comment (97 Comments)Mumbai: Continued strengthening of the US dollar, lack of foreign investment inflows and concerns over rising oil prices are likely to keep the rupee under pressure and push it down to the 70 mark against the US dollar during the week starting July 9, said bankers. The level of 69.30 against the greenback remains crucial for the rupee, which, if b
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Read more: Rupee May Fall To 70 Against US Dollar In Coming Days. Here's Why
Write comment (93 Comments)Petrol, Diesel prices: Petrol prices were increased by 0.17 paise in New Delhi, 0.16 paise in Mumbai.
Petrol prices were hiked in all four metro cities for the sixth straight day on Tuesday, according to the website of Indian Oil Corporation (IOC) Limited. Diesel prices also followed suite and were raised in all four metros for the sixth day in a
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Read more: Petrol, Diesel Prices Hiked For Sixth Day In A Row. Check Latest Rates
Write comment (92 Comments)Tata Sons Vs Cyrus Mistry: Most of the group stocks traded higher after NCLT ruled in favour of Tatas.
After a tribunal, on Monday, dismissed Cyrus Mistry's appeal against Tata Group on his removal as chairman of Tata Sons, most of the group stocks ended higher in trade. Tata Consultancy Services (TCS), however, bucked the positive trend of other
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Read more: Tata Group Stocks Make Solid Gains After NCLT Verdict; TCS Bucks Trend
Write comment (94 Comments)A maximum of eight break journeys are admissible on circular journey tickets, says Indian Railways
Indian Railways provides the facility of booking circular journey tickets. Circular journey tickets are issued for all journeys - other than regular routes - that begin and conclude at the same station, according to Indian Railways' portal - i
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Read more: Indian Railways Circular Journey Ticket Booking Rules Explained Here
Write comment (100 Comments)TCS Quarterly Results 2018: The company will interact with analysts at an earnings conference call soon.
Tata Consultancy Services (TCS) today kicked off the June quarter corporate earnings season. TCS, the country's largest IT services exporter, reported a 23.5 per cent year-on-year (YoY) growth in consolidated profit for June quarter at Rs 7,340
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Read more: TCS Q1 Profit Grows 23.5% To Rs 7,340 Crore
Write comment (94 Comments)Majority of Tata Sons' members lost confidence in Cyrus Mistry, said NCLT.
The National Company Law Tribunal (NCLT) on Monday dismissed Cyrus Mistry's plea challenging his removal as Chairman of Tata Sons. Mistry was removed as the Tata Sons board and majority of its members lost confidence in him, the NCLT Mumbai's main bench of B S V Prakash
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Read more: Chronology Of Events Leading To NCLT's Rejection Of Cyrus Mistry's Plea
Write comment (92 Comments)In ordered to change an Aadhaar-registered mobile number, the UIDAI mandates a visit to an Aadhaar centre
Do you need to update the mobile number registered with Aadhaar For this, you have to visit an Aadhaar centre. The UIDAI or Unique Identification Authority of India, which issues both Aadhaar number and Aadhaar card to the general public,
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Read more: Need To Update Aadhaar-Registered Mobile Number Here's What To Do
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