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The company has filed a draft red herring prospectus with the Sebi to raise capital through an IPO to pay off debts.(Photo: SBPIL website)Business
High steel prices boost growth aspirations of Shri Bajrang

The company also proposes to set up a Rs 175-crore, 50 MW solar power plant

16 Sept 2021 7:59 AM IST

Walmarts Flipkart eyes alcohol delivery foray with Indian startup, letters show. (PTI Photo)Business
Flipkart to hire 1.15 lakh for festivals

The Big Billion Days require investments for capacity, storage, sorting, packaging, human resour-ces, training, and...

16 Sept 2021 7:54 AM IST

In the previous session, Sensex ended 132.38 points or 0.25 per cent lower at 52,100.05. (Photo: PTI/File)Business
Relief packages buoy stock market

The Nifty-50 closed above 17500 for the first time as it gained 139.45 points or 0.80 per cent to close at 17519.45

16 Sept 2021 7:49 AM IST

The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a-litre mark. (PTI Photo)Business
Petrol under GST: Council unlikely to bite the bullet

The council will be debating the most sought-after proposal at a time when fuel prices are at their highest levels

16 Sept 2021 7:28 AM IST

VILs debt from banks and financial institutions stood at Rs 23,400 crore. (Photo: PTI)Business
Telecom relief eases default risk for banks

However, bankers said they are awaiting the plan of action from the telecom companies to assess the situation

16 Sept 2021 7:24 AM IST

14 drones were launched reportedly from across the International Border and LoC in the recent past. (Representational Photo:AFP)Business
PLI for auto, drones cleared

The scheme to incentivise advanced automotive technologies for five years will lead to fresh investment of over Rs...

16 Sept 2021 7:18 AM IST

\Seven passengers on Sundays Air India Delhi-Auckland flight have tested positive for COVID-19 three days after arrival,\ New Zealand government official said. (PTI)Business
Tata Group makes financial bid for Air India sale

The government declined to share any details on expectations from the sale of Air India

15 Sept 2021 7:31 PM IST

Britains economy shrank by one fifth in the second quarter, more than any European neighbour, as the lockdown plunged the country into its deepest recession on record. Amazon, which has already created 3,000 new permanent UK roles this year, said it will offer more than 20,000 seasonal positions across the country ahead of the festive period. (Photo | AFP)Business
Amazon boosts hourly pay to over $18, to hire 125,000 workers

Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike

14 Sept 2021 5:37 PM IST

Gaurav Gupta was designated as a co-founder in 2019, and headed the supply function at Zomato. (Photo: Twitter)Business
Zomato co-founder Gaurav Gupta resigns

Gaurav Gupta's exit comes days after Zomato decided to stop its grocery delivery service from September 17

14 Sept 2021 2:03 PM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)Business
Eight firms selected for cross-border payments

RBI said Book My Forex product facilitates fully online outward cross-border remittances to bank accounts and...

14 Sept 2021 9:00 AM IST

Buying Covid insurance cover is an ideal way to ensure that your loved ones are being taken care of even in your absence.Business
Covid-specific insurance plans can be sold till March 31

Corona Kavach is an indemnity plan that will cover hospitalisation expenses

14 Sept 2021 8:57 AM IST

Supreme Court made clear to the Centre on Friday that it would not pass any order on the plea seeking closure of cases against two Italian marines. (PTI Photo)Business
Debt resolution plan can't be withdrawn: SC

The court held that the 330 days outer limit of the CIRP under Section 12(3) of the IBC can be extended only in...

14 Sept 2021 8:55 AM IST

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