Business News

SBI Cards gets Sebi's nod to float IPO

SBI Cards gets Sebi's nod to float IPO

Sebi's observations are necessary for any company to launch public issues including initial public offer, follow-on public offer and rights issue.

Feb 17, 2020, 16:47 PM IST
Rs 81,043 cr GST compensation released to states for Apr-Sep: Anurag Thakur

Rs 81,043 cr GST compensation released to states for Apr-Sep: Anurag Thakur

For 2019-20, the amount targeted to be collected from cess in GST was Rs 1.09 lakh crore.

Feb 11, 2020, 19:21 PM IST
Life Insurance Corporation IPO will benefit retail investors, says Nirmala Sitharaman

Life Insurance Corporation IPO will benefit retail investors, says Nirmala Sitharaman

The LIC listing is aimed at bringing much-needed revenues to the government which is facing a shortfall due to poor tax collections

Feb 07, 2020, 17:23 PM IST
LIC staff union to hold a walk-out strike to protest against IPO

LIC staff union to hold a walk-out strike to protest against IPO

Finance Minister Nirmala Sitharaman announced that the government, which holds a 100 percent stake in LIC, will sell a part of its holding through an initial public offering (IPO)

Feb 04, 2020, 12:59 PM IST
Gold, silver, oil prices surge on escalating tensions between US, Iran

Gold, silver, oil prices surge on escalating tensions between US, Iran

A major escalation in tensions between the US and Iran - the two biggest oil producing nations - following a US airstrike killing one of Iran`s most powerful military commanders, General Qasem

Jan 03, 2020, 17:46 PM IST
Watch live streaming of Union Budget 2019 on mobile and desktop on Zee News

Watch live streaming of Union Budget 2019 on mobile and desktop on Zee News

Finance Minister Nirmala Sitharaman is all set to present the first Union Budget 2019 of Narendra Modi government 2.0.

Jul 05, 2019, 09:47 AM IST
Farmer relief: Govt extends PM-KISAN in 1st cabinet meet, announces new farm pension scheme

Farmer relief: Govt extends PM-KISAN in 1st cabinet meet, announces new farm pension scheme

Announcing the two key decisions, new Agriculture Minister Narendra Singh Tomar said the Modi 2.0 government has announced the landmark decisions for the farming community in the first Cabinet

May 31, 2019, 22:14 PM IST
Aircel-Maxis case: Chidambaram denies CBI's allegation of conspiracy, tampering with evidence

Aircel-Maxis case: Chidambaram denies CBI's allegation of conspiracy, tampering with evidence

Former Union Minister P Chidambaram on Saturday gave a statement in Aircel-Maxis case and said that he committed no offence in the grant of Foreign Investment Promotion Board (FIPB) approval. 

Nov 24, 2018, 16:50 PM IST
Supreme Court dismisses plea for Amrapali group's Chairman, 2 directors to visit home on Diwali

Supreme Court dismisses plea for Amrapali group's Chairman, 2 directors to visit home on Diwali

The Supreme Court has asked Amrapali real estate group to furnish the full and final disclosure about the companies they hold and money transactions that they conduct within the group's companies and

Oct 31, 2018, 16:27 PM IST
All phones in India to have 4G by 2020: Reliance chairman Mukesh Ambani

All phones in India to have 4G by 2020: Reliance chairman Mukesh Ambani

Reliance Industries (RIL) Chairman Mukesh Ambani on Thursday said all mobile phones in India will be connected through 4G network by 2020.

Oct 25, 2018, 21:29 PM IST
China consumer group raps Apple after ID thefts

China consumer group raps Apple after ID thefts

A Chinese consumer body has criticised iPhone maker Apple Inc over a recent data security issue which impacted a number of consumers in China who said they had suffered financial losses after having

Oct 20, 2018, 00:10 AM IST
Jio continues to login profit, nets Rs 681 cr in Q2

Jio continues to login profit, nets Rs 681 cr in Q2

Country's most aggressive telco Reliance Jio Wednesday reported a post-tax profit of Rs 681 crore for the September quarter on a handsome increase in revenue and subscriber additions which crossed

Oct 18, 2018, 00:05 AM IST
Hotstar's chief Ajit Mohan to be Facebook India's head

Hotstar's chief Ajit Mohan to be Facebook India's head

Ajit Mohan will take up the role of managing director and vice-president of Facebook India. 

Sep 24, 2018, 22:56 PM IST
RBI, SEBI monitoring financial markets, say 'will take action if needed'

RBI, SEBI monitoring financial markets, say 'will take action if needed'

The regulators came out with separate but identical statements amid apprehensions about steep volatility in markets on Monday.

Sep 23, 2018, 21:15 PM IST
Oil companies ask Air India to clear dues

Oil companies ask Air India to clear dues

An Air India official said that the oil companies have sought to increase the payment amount, citing everyday increase in oil prices.

Sep 21, 2018, 23:00 PM IST
Tech Mahindra sacks executive after ex-employee complains of discrimination

Tech Mahindra sacks executive after ex-employee complains of discrimination

Tech Mahindra has sacked the employee, who had been accused by a former employee of harassing and discriminating against him on grounds of sexual orientation, according to a tweet by the IT major.

Sep 16, 2018, 20:14 PM IST
Apple unveils larger iPhones, health-oriented watches

Apple unveils larger iPhones, health-oriented watches

The new phones, based on last year`s iPhone X, are named XS and XS Max. The new iPhone XS has a 5.8-inch screen size, while iPhone XS Max is 6.5 inch in size. 

Sep 13, 2018, 08:44 AM IST
Alibaba co-founder Jack Ma won't retire for now, will announce succession plan

Alibaba co-founder Jack Ma won't retire for now, will announce succession plan

Ma will announce the plan on his 54th birthday and the handover strategy will stretch over a significant period of time.

Sep 08, 2018, 23:04 PM IST
Elon Musk smokes Marijuana on webcast, Tesla's market share drops

Elon Musk smokes Marijuana on webcast, Tesla's market share drops

Investors in the electric carmaker are on edge after a tumultuous August, during which Musk proposed and then abruptly pulled the plug on a go-private deal.

Sep 07, 2018, 21:56 PM IST
Elon Musk says talking to Saudi fund, others on Tesla buyout

Elon Musk says talking to Saudi fund, others on Tesla buyout

Musk`s disclosure comes six days after he posted on Twitter saying he was considering taking Tesla private at $420 a share and that funding was "secured."

Aug 13, 2018, 22:37 PM IST