Business

At 9:29 am, shares of Union Bank were trading down 3.7% at Rs 56.70, after hitting an intra-day low of Rs 56.10. Meanwhile, shares of Andhra bank were up 2.3%, while those of Corporation Bank was down 1.4%.

The steelmaker proposed to close its loss-making Orb Electrical Steels site in South Wales, potentially affecting up to 380 jobs, as it was 'unable to find a way forward' for the business, it said in a filing to stock exchanges.

The new consumer price will be Rs 47.10 per kg in Delhi and Rs 53.50 per kg in Noida, Greater Noida and Ghaziabad. The price of CNG sold to automobiles in Gurugram and Rewari would be Rs 58.95 per kg and in Karnal it would be Rs 55.95

Documents like Form 16, salary slips, interest certificates, form 26AS, home loan statement and tax payment challan can be kept within reach to make the process of filing ITRs smoother.

Colour cosmetics brands have reported double-digit growth, indicating that the ‘lipstick index’, a marker of slowdown, holds true for the Indian market as well.

Meeting targets within deadlines was achievable even if they go about it with bit of a "restraint", the Finance Minister said.

This follows the RBI board accepting the recommendation of a high-level panel headed by its former Governor Bimal Jalan on transfer of excess reserves to the government.

The 30-share index, however, pared some gains as investors began booking profits at higher levels. The index was trading 245.71 points, or 0.67 per cent, up at 36,946.87 at 0930 hours.

Necessary notification for amendments in Prevention of Money Laundering Act will be issued, the finance minister said.

Sithraman, the minister, who is also in charge of corporate affairs, said the CCI should be ready with a 2.0 action plan to meet the challenges of frontierless economies.

The fall is the lowest in eight months is possibly due to a block deal that saw 6.7% of the NBFC's shares exchanging hands at a discount.

Hoping that monsoon will have a positive impact, the SBI chairman said increased spending by the government and the upcoming festival season would boost demand.

As per the IBC, there are various thresholds for 'Fresh Start', including that the gross annual income of the debtor does not exceed Rs 60,000.

In the print media sector, 26 per cent FDI is allowed through government approval route. Similarly, 49 per cent FDI is permitted in broadcasting content services through government approval route.

While foreign fund inflows added support to the domestic unit. Foreign institutional investors (FIIs) remained net buyers in the capital markets, putting in Rs 1,614.63 crore on Wednesday.

WeWork has taken 1,22,165 sq ft office space in Panchshil Realty's commercial project 'Panchshil Futura' in Maharashtra' Pune.