NDTV Business News

Reliance Future Deal: A Singapore arbitrator last year put the Future-Reliance deal on hold, and the panel last week declined Future's request to revoke that decision.

Adani Ports said on Wednesday it was abandoning plans to build a container terminal in Myanmar

Microfinance sector lenders need to align social obligations and objectives with their operations

According to income tax department, taxpayers are mandated to get their accounts audited if the sales or turnover exceed Rs 10 crore

E-commerce beauty giant Nykaa will open its initial public offering (IPO) to subscribers on Thursday. The company aims to raise around Rs 5,352 crore through its public issue.

The broader markets are witnessing buying interest, with the BSE Midcap index and BSE Smallcap index gaining 0.4 per cent and 0.6 per cent respectively

Axis Bank reported a 86 per cent jump in standalone net profit to Rs 3,133 crore in the second quarter ended September 2021, compared to Rs 1,682.67 crore in the corresponding period last year

Asian Paints, Reliance Industries, Infosys, HDFC, TCS and Sun Pharma were among the top movers in the Sensex.

Twitter Inc on Tuesday reported its quarterly revenue grew 37% and avoided the brunt of Apple Inc privacy changes on advertising that hobbled its rivals, sending its shares up 3%.

Google's parent company Alphabet announced profits on Tuesday that jumped to $18.9 billion, even as the online colossus faces increased regulatory pressure and shifting of the lockdown lifestyles that have so benefited Big Tech.

Union Bank of India home loan rate: The reduced rate of 6.40 per cent will come into effect from October 27, 2021, said the state-run lender in a statement today

Government has issued 202 notices to several e-commerce entities for incorrect declaration of "country of origin" on products on their platforms

Government plans to pitch to companies such as Tesla Inc, Samsung and LG Energy to encourage them to invest in manufacturing batteries locally

The company's EBITDA or earnings before interest, tax, depreciation and amortisation also went up by 4.2 per cent to Rs 1,226.2 crore

Bombay High Court has granted an interim injunction against Zee Entertainment's shareholder Invesco, restraining it from calling a shareholders' meet

Reliance Industries, Kotak Mahindra Bank, Bajaj Finance, ITC, Tata Steel and Asian Paints were among the top movers in the Sensex.

Canara Bank's asset quality showed a slight improvement in September quarter as its gross NPAs came in at 8.42% versus 8.50% in the previous quarter.

Nalinda Ilangakoon, Vice Chairman, Ceylon Electricity Board said senior Adani group officials had visited the north eastern district of Mannar to inspect a wind power farm

Buying was visible across the board as all the 15 sector gauges, barring the gauge of Private Bank shares, compiled by NSE were trading higher.

Fuel prices remained unchanged for the second straight day on Tuesday, October 26, after five consecutive hikes. In the national capital, petrol and diesel rates stood at Rs 107.59 and Rs 96.32 per litre respectively, according to Indian Oil Corporation.

Department of food and public distribution undertook a meeting with all the states on Monday, asking them to maintain stock limit of edible oils

RBI Governor said that some times auditors fail to gauge manipulations in accounting practices and stressed on the need to be more alert towards this

On a year-on-year basis though, the company's profit went up by 25.8 per cent from Rs 1,065 crore

E-commerce beauty giant Nykaa will open its initial public offering to subscribers on Thursday, aiming for a total valuation of over $7 billion

Groww lets Indian retail investors invest in mutual funds, stocks, exchange traded funds and initial public offerings through its platform

Seven of 15 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Bank index' over 2 per cent gain.

IRCTC shares have corrected 38 per cent from record high, in the three out of last five trading sessions.

Reliance Industries - reported consolidated net profit of Rs 13,680 crore marking an increase of 43 per cent on a year-on-year basis.

Selling pressure was broad-based as fifteen of 19 sector gauges compiled by the BSE were trading lower led by the S&P BSE Realty index's over 3% fall.

Foreign institutional investors sold shares worth Rs 2,697.70 crore on Friday while domestic institutional investors bought shares worth Rs 1,030 crore.

Textiles Minister Piyush Goyal has asked the domestic industry to get into innovative partnerships for developing 100 textile machinery champions

Homegrown microblogging platform Koo's user base has touched about 15 million now, with five million users added in the last quarter

Petrol and Diesel Price Today: Fuel prices were further hiked on Sunday, October 24, for the fifth consecutive day

Petronet says long-term LNG is currently costing it $11-$12/million British thermal units compared to spot prices of around $40/mmBtu.

Sovereign Gold Bond 2021-22 Scheme: According to the RBI, an issue price of Rs 4,765 per unit, equivalent to the value of one gram of gold, is applicable for the seventh installment

Forex Reserves Data: In the previous week ended October 8, the reserves had increased by $2.039 billion to $639.516 billion

India is the world's third-largest oil importer and consumer, reliant on imports for about 85 per cent of its crude and buying most of that from Middle East producers.

Both the international lenders have raised concerns about the cryptocurrency industry's lack of complete transparency. 

Reserve Bank of India has been mandated by the government to ensure that theconsumer price index (CPI) based inflation is at four per cent, with a band of twoper cent on either side.

Reliance Jio Q2 Results: The revenue from operations stood at Rs 23,222 crore in the July-September quarter, marking a growth of 15.2 per cent, compared to Rs 21,708 crore in the year-ago period

The company aims to raise nearly $500 million through a three-day IPO subscription starting from October 28 to November 1

RBI Monetary Policy Committee (MPC) Minutes: RBI Governor Shaktikanta Das-led MPC left the key lending rates unchanged at record lows earlier in the month for the eighth time in a row

The broader markets also ended in the red, with the BSE Midcap index shedding 1.1 per cent and the BSE Smallcap index losing 1.2 per cent

A Singapore arbitration panel has rejected Future Retail's plea to quash an order from last year that put its $3.4 billion deal with Reliance on hold, in a boost for its partner Amazon.com Inc which is seeking to block the transaction.

Equity indices gave up all early gains and plunged into red on Friday amid constant selling pressure in late deals. The benchmark BSE Sensex cracked 205 points or 0.34 per cent to 60,718 in late trading; while the broader NSE Nifty moved 95 points or 0.52 per cent lower to 18,083.

Reliance Industries had reported net profit of Rs 12,273 crore in the quarter ended June 30, 2021, marking a decline of 7.25 per cent from the same quarter last year, on the back of increase in total expenses

Paytm, the Indian digital payments pioneer backed by Jack Ma's Ant Group Co., is considering scrapping the proposed Rs 2,000 crore ($268 million) share sale ahead of its initial public offering over valuation differences, according to people familiar with the development.

Shares of China Evergrande Group surged in Hong Kong following media reports that the embattled developer is set to pay off a coupon payment on a dollar-denominated bond

Oil producer Guyana could resume talks with India for a deal to sell the government's share of crude as output rises next year

Bank Of Maharashtra Q2 Results: The bank's net profit doubled in the second quarter of the current fiscal, mostly driven by net interest income and better overall business.