Business, 28th Aug 2017, News & Stories from India

Monday, Jun 17, 2024 | Last Update : 06:33 PM IST

Business 28 Aug 2017

Business, 28 Aug 2017

Real estate sector contributes a lot to the country's GDP and provides huge employment opportunities. (Photo: PTI)

Govt lends an ear to builders' demand for realty growth

Real estate developers have played an important part in implementation of this law in states.

28 Aug 2017 8:37 PM

As part of the partnership, Foodpanda would facilitate the Chuk range of products with partner restaurants.

Yash Papers partners Foodpanda for its tableware range

Yash Papers manufactures and supplies kraft packaging material to chains like McDonalds, KFC and Pizza Hut.

28 Aug 2017 8:31 PM

JSW Steel is planning to increase its manufacturing capacity to 40-45 million tonne by 2030 from the present 18 million tonne.

JSW Steel in talks with Cevital to acquire mill for $100 mn

JSW Steel may offer a financial consideration of USD 100 million to Cevital Group to acquire mill.

28 Aug 2017 8:08 PM

Last date for comments is September 25 and that of counter-comments is October 3.

Trai seeks views on sale of 5G services spectrum, other bands

DoT has requested the Authority to provide its recommendations on applicable reserve price.

28 Aug 2017 8:02 PM

Chauhan, who has steered a strong turnaround and a highly successful IPO of the bourse with strong business expansion.

BSE gets Sebi's nod for another 5 year term for Chauhan as CEO

Chauhan also happens to be one of the founding team members of National Stock Exchange.

28 Aug 2017 7:49 PM

While 29 entities will be replaced under Nifty Smallcap 250, Nifty MidSmallcap 400 will see replacement of 26 firms.

ACC, BoB and Tata Power to move out of Nifty 50

These firms would be replaced by Bajaj Finance, Hindustan Petroleum Corporation and UPL Ltd.

28 Aug 2017 6:36 PM

The government will sell 5 percent stake in the country's largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore.

Govt to sell 5 per cent stake in NTPC tomorrow; to raise Rs 7,000 crore

The share sale through an offer for sale (OFS) will happen over two days, beginning on Tuesday

28 Aug 2017 6:18 PM

Home buyers and lenders should bear losses at pari-passu if there are any losses in projects. (Photo: PTI)

SBI favours equal treatment of lenders, buyers in projects

Risk of banks and home buyers have reduced after implementation of new real estate law RERA.

28 Aug 2017 6:13 PM

Reliance Capital on Monday said its shareholders will get a free share of Reliance Home Finance (RHF) for each RCap stock held as on September 6.

RCap shareholders to get 1 RHF share free

RHF had assets under management (AUM) of Rs 13,022 crore (USD 2 billion) as of June 30, 2017.

28 Aug 2017 5:56 PM

Mercedes-Benz India launches AMG Performance Centre

AMG Performance Center will be fully equipped to sell and service all AMG cars.

28 Aug 2017 5:42 PM

Cropped area affected by deficient rainfall increased further to 37.8 per cent from 33.5 per cent earlier.

Kharif crop sowing contracts for 2nd straight week: report

So far this season 95.8 per cent of the full-season area has been cultivated -- largely similar to that of last year.

28 Aug 2017 5:21 PM

Employees Provident Fund Organisation or EPFO invests in markets and corpoarte bonds. (Photo: Representational/File)

EPFO to cut investments in AAA bonds; may pump Rs 3,000 crore

Investment will be made only in corporate bonds rated by at least two rating agencies as AA+, EPFO says.

28 Aug 2017 5:18 PM

Uber has rolled out two new features -- 'in-app chat' and 'multi-destination' -- to improve experience for its riders in India.

Uber launches in-app chat, multi-destination options

The multi-destination feature will enable riders to add multiple stops along their route.

28 Aug 2017 5:16 PM

BSE Sensex on Monday rallied nearly 155 points to extend gains for the fourth session in a row. Photo: PTI

Sensex posts 155 points on cooling Indo-China tensions

Infosys emerged as top gainer among Sensex components by rising 3.14 per cent to Rs 941.15.

28 Aug 2017 4:54 PM

The airline expects to have 20 turbo prop aircraft by January 2019.

IndiGo to look at GE engines for A320 neo planes: Ghosh

IndiGo has grounded eight A320 neo aircraft due to engine issues that has also resulted in cancellation of flights.

28 Aug 2017 3:46 PM

Over 36 lakh businesses have so far filed their first tax returns under the Goods and Services Tax (GST) regime.

Over 36 lakh biz file GST returns, to rope in Rs 65,000 crore revenue

Tax collected in maiden filings under GST regime are still being compiled.

28 Aug 2017 3:36 PM

Outgoing Niti Aayog vice-chairman Arvind Panagariya. (Photo: File)

Govt should focus more on reducing poverty: Panagariya

He says there can be potentially serious conflict between poverty reduction and reduction in inequality.

28 Aug 2017 3:12 PM

Gold is trading at Rs 29,900 per 10 grams owing to slack demand from local jewellers.

Gold prices move down slightly, silver remains flat

Globally gold rose 0.41 per cent to USD 1,296.10 an ounce and silver by 0.44 per cent to USD 17.13 in Singapore.

28 Aug 2017 2:44 PM

How Dera Sacha Sauda chief launched his ayurveda brand to take on Ramdev

Gurmeet Singh Ram Rahim, who has been convicted of rape, launched his FMCG ayurveda brand in 2016.

28 Aug 2017 2:21 PM

The new SUV will be rolled out from the company's Chennai plant. (Photo: Youtube)

Renault to introduce SUV Captur in India in December quarter

The 5-seater SUV Captur will be a very premium offering and much higher than the Duster.

28 Aug 2017 2:15 PM

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Devi Kar