Reliance Communications gained 3.29% to Rs 20.40 at 11:15 IST on BSE after the company clarified that it has initiated the monetization programme for its real estate properties.
With its army of salespeople and vast network of outlets, a relatively new smartphone maker has exploded in popularity to overtake global giants Apple and Samsung in China's market - and now it has its eye on the West.
At a time when a chorus of demand for farm loan waivers of around Rs 3 lakh crore is growing, captains of the telecom industry will meet minister Manoj Sinha to seek relief for the industry that has a cumulative debt of Rs 4.5 lakh crore.
Maharashtra chief minister Devendra Fadnavis has told banks to expedite the disbursal of Rs 10,000 to farmers in the state under the 'initial loan assistance scheme' "without going into detailed aspects of pre-conditions", according to a report. According to him, getting into the detailed aspects is the job of the government.
By this time you must have got Form 16 from your employer and might also be thinking of filing your income tax return (ITR). With the due date for filing tax return approaching fast, it is surely time to file your return. However, only filing ITR is not enough. It is also necessary to keep abreast of the latest changes in ITR rules so as to make your return filing complete in all respects.
The government has permitted banks and post offices to deposit junked Rs 500 and Rs 1,000 notes with the Reserve Bank by July 20.
Since the time the first set of goods and services tax (GST) rates were announced, the S&P BSE Fast Moving Consumer Goods (FMCG) Index is up by 8.6%. Some of that is due to the broad market rising by 2.8% in this period and the monsoon’s onset has brought cheer too.
The Securities and Exchange Board of India (Sebi) on Wednesday joined the fight against bad loans by providing several relaxations to the rules of share acquisitions in the case of distressed companies.
The Tata group is believed to have held preliminary discussions with senior government officials for participating in the privatisation process of the beleaguered airline.
A former head of immigration at IT major Infosys in the US has filed a lawsuit against the company, accusing it of "discrimination" against non-South Asian employees, and demanded a trial by jury.