BUSINESS

Once again, TCS becomes the most valued domestic firm

2:32 pm January 25, 2021

New Delhi: Tata Consultancy Services on Monday surpassed Reliance Industries Ltd to become the country’s most valued firm by market capitalisation. During the afternoon trade, the market valuation of Tata Consultancy Services (TCS) was at Rs 12,45,341.44 crore while that of Reliance Industries Ltd (RIL) was at Rs 12,42,593.78 crore on the BSE. Shares of RIL declined 4.84 per cent to […]

Adani Group says being targeted through false propaganda, manufactured online campaign

3:36 pm January 23, 2021

New Delhi: Billionaire Gautam Adani’s Adani Group on Saturday said it is being targeted through false propaganda and a manufactured online campaign of malicious lies about its operations and will take actions such as filing court cases to protect its interests. Without referring to any particular allegation, the Adani Group in a statement posted on its Twitter handle said some attacks […]

After petrol, CNG price up in Delhi, adjoining cities

Petrol, diesel prices touch all-time highs

2:31 pm January 23, 2021

New Delhi: Petrol and diesel prices in the country on Saturday touched new all-time highs after rates were increased for the fourth time this week. Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. This took the petrol price in Delhi to Rs […]

Sensex tanks 746 pts; Nifty ends below 14,375

6:16 pm January 22, 2021

Mumbai: Equity benchmark Sensex plunged 746 points to close at 48,878.54 on Friday, tracking losses in index majors Reliance, HDFC twins and ICICI Bank amid a weak trend in global markets. The 30-share BSE index ended 746.22 points or 1.50 per cent lower at 48,878.54. Similarly, the broader NSE Nifty tumbled 218.45 points or 1.5 […]

RBI imposes Rs 2 cr penalty on Standard Chartered Bank

8:15 pm January 21, 2021

Mumbai: The Reserve Bank on Thursday imposed a penalty of Rs 2 crore on Standard Chartered Bank–India for delays in reporting of frauds to it. The monetary penalty has been imposed on the bank for non-compliance with certain directions contained in the ‘Reserve Bank of India (Frauds – Classification and Reporting by commercial banks and select FIs) […]