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DerivativesThe precious metals are below key levelsBullion posted weekly gain for the first time in the last five weeks on the back of a decline in dollar and drop in treasury yields. Gold and silver in...
The government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers from high fuel prices that have...

Delay in AAI payment: Some SpiceJet flights held up at Delhi airport

Some flights of low-cost carrier, SpiceJet were held up at the Delhi airport for some time on Friday as there was a delay in...

Hindustan Zinc Ltd stake sale on the cards

With the privatisation of BPCL now on the backburner, the sale of the residual stake in Hindustan Zinc Ltd (HZL) is likely to be...

Discoms to mandatorily purchase from ICB plants

The Union ministry of power may invoke Section 11 of the Electricity Act, 2003 to make it mandatory for state-run electricity discoms to buy...

Zilingo fires Ankiti Bose on charges of financial irregularities

Singapore-based B2B start-up, Zilingo has fired its co-founder and CEO Ankiti Bose after the board initially suspended her on March 31 on allegations of...

Three years after it was grounded, Jet Airways gets nod to fly again

Three years after it was grounded following a financial crunch, Jet Airways is set to take to the skies once again, with the carrier...

U GRO Capital’s Rs 100-cr NCD issue subscribed 1.44 times

The issue opened for subscription on April 07, 2022, and closed on May 06, 2022. U GRO Capital’s non-convertible debenture (NCD) public issue was...

Coming soon: Caller’s name as per KYC record to flash on phone screen

The department of telecommunications (DoT) will soon come out with a mechanism which would enable a caller’s name to flash on the screen when...

Paytm’s topline rises 77% on year in FY22

In Q4 alone, the company’s revenue grew 89% on a year-on-year basis to Rs 1,541 crore, while ebitda (before ESOPs) for the quarter improved...

HC order on bid to declare accounts as fraud: Karnataka Bank restrained from action against Srei

A petition was filed by Kanoria in the high court after Karnataka Bank had reported to RBI regarding the alleged fraud. In an order...

Thermax net falls 4% to Rs 103 crore

Thermax reported a 127% jump in order booking for the quarter to Rs 3,396 crore.On a standalone basis, Thermax reported a 37% y-o-y decline...

ADD on PVC removed: Finolex says PVC dumping by China impacting prices

Sanjay S Math, MD, Finolex Industries, said at an investor call that PVC prices had after touching an all-time high of $1,900 per metric...

Miners like Vedanta, NMDC to benefit: SC allows export of iron ore from Karnataka stocks

Permits sale of ore in three districts without e-auction The Supreme Court on Friday allowed export of already-extracted iron ore from Karnataka’s...

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