Chairman Emeritus and MD of large listed company diverted public money: SEBI reply to SAT in Zee matter

New Delhi (IANS) The Securities and Exchange Board of India (SEBI) in its reply in the matter of Zee Enterprises to Securities and Appellate Tribunal (SAT) has pointed out that Chairman Emeritus Subhash Chandra and Managing Director and CEO Punit…

'Continuous and repetitive' investigations can impact merger, Zee tells SEBI

New Delhi (IANS) Zee Entertainment Enterprises has written to SEBI that "continuous and repetitive" investigations on the same cause of action creates prejudice for the Company and Shareholders, and can potentially impact the merger process.

SEBI…

Nutraceuticals products market in India to touch $18 million in 2025

Kochi (IANS) The demand for nutraceutical products has increased in recent years, resulting in a remarkable compound annual growth of 20 percent over the past three years, experts working in the area of natural biopolymers said on Friday.

This…

Ex-ISRO official promoted Sisir Radar test flew drone fitted with 'Rabbit SAR'

Chennai (IANS) Space sector startup, Sisir Radar Private Ltd has successfully tested its Synthetic Aperture Radar (SAR) fitted on a drone, said a senior company official.

"The drone fitted with SAR was flown (on Friday) at a place called Sonarpur,…

India-Africa bilateral trade grew 9.26% in 2022-23: Piyush Goyal

New Delhi (IANS) Bilateral trade of India with Africa grew by 9.26 per cent in 2022-23, reaching almost $100 billion, Commerce Minister Piyush Goyal said while addressing the CII-EXIM Bank conclave on "India-Africa Partnership".

Goyal expressed…

GST council may mull steps to prevent fake generation of ITC in next meeting: Official

New Delhi (IANS) The GST Council in its meeting next month, is likely to discuss measures to ensure strict provisions for preventing fake generation of Input Tax Credit (ITC), aiming to prevent tax evasion, a senior official said on Friday.

The…

IT Ministry, Google join hands to boost online cyber safety

New Delhi (IANS) The IT Ministry and Google on Thursday announced further collaboration to drive citizen awareness on online cyber safety in the country.

The tech giant will work with MeitY to amplify its 'Stay Safe Online' campaign…

Govt slashes import duty on soyabean, sunflower oils

New Delhi (IANS) Consumers would now have to pay less for edible oils as the government has reduced basic import duty on refined soyabean oil and refined sunflower oil by 5 per cent, which is effective from Thursday.

Basic import duty on refined…

Homegrown boAt logs Rs 4,000 cr in net sales in FY23

New Delhi (IANS) Leading audio and wearables brand boAt on Thursday said it registered Rs 4,000 crore in net sales in FY23.

In FY23, around 15 million products were made in India by the company.

The company said that this milestone has…

Auto, consumer durables & realty sectors lead stock market gains in May

New Delhi (IANS) The Nifty Next 50 continued its three-month winning streak and gained 6.42 per cent in May to clock an overall gain of 12.88 per cent in the three-month period, according to a report by Motilal Oswal Asset Management Company.