NEW DELHI: On Monday, CBI searched eight locations after booking a Delhi-based dairy company Kwality Ltd and its directors for allegedly misleading a consortium led by the Bank of India, resulting in a loss of more than Rs 1.4 billion, authorities said. The CBI has registered the case against Kwality …
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NEW DELHI: Equity indices ended lower on Monday with the benchmark BSE Sensex sinking more than 800 points in the middle of a global sales wave. The 30-share BSE index finished 812 points or 2.09 percent lower at 38,034; while the broader NSE Nifty came in at 254 points or …
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NEW DELHI: Up to 21 states, mostly governed by the BJP or parties that have supported it on various issues, have chosen to borrow Rs 97 billion to comply with GST revenue shortfall in the current fiscal, sources said Sunday. The states and territories of the union (UT) that have …
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NEW DELHI: Businesses with no fewer than 300 workers will soon be able to hire and fire workers without seeking prior permission from the government, and the Labor Ministry will propose changes to the rules in a bill presented in Lok Sabha on Saturday. The proposal, which was the bone …
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NEW DELHI: There are rarely two words in an obscure document like IPO prospectus raised as many eyebrows as the use of “significant influence” by Group of ants did recently. A part of the Chinese giant Alibaba Group, Ant had used the term to describe his 30% stake in the …
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The big drama unfolded on Friday afternoon when search engine giant Google removed the Paytm mobile payment app from its Play Store, citing breach of its gaming restrictions, before bringing it back in the evening. Paytm’s fantasy gaming app was also removed prior to the start of the Indian Premier …
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NEW DELHI: Dubai aviation authorities on Thursday banned Air India Express from flying there for 15 days after the low-cost carrier transported a Covid-positive person from Jaipur to Dubai on September 4. The suspension of flights for AI Express will be from Friday (September 18) to 11:59 pm (local time) …
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BENGALURU: Electronic commerce Businesses are expected to post a nearly 50% increase in gross sales to $ 4 billion this Diwali, a two-year high, during the five-day sales events of Flipkart, Amazon India and others, according to the latest estimates from market research firm Redseer. With Covid-19 accelerating digital adoption …
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NEW DELHI: The Securities and Exchange Board of India (Sebi) on Thursday amended certain rules related to Investment fund (MF) schematics. He said that the end of the day net asset value (NAV) will be applicable during the purchase of MF units, regardless of size or time of receipt. The …
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NEW DELHI: Stock indices fell Thursday against the benchmark BSE Sensex slipping more than 300 points led by losses in financial stocks. Sensex plunged 323 points or 0.82 percent to close at 38,980; while the broader NSE Nifty it closed 88 points or 0.76 percent lower at 11,516. The main …
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