New Delhi (IANS) The national anti-profiteering agency has slapped a Rs 90 crore penalty on FMCG giant Nestle India for not passing on the benefit of the goods and services tax (GST) reduction to consumers. It also asked Nestle to deposit the amount…
New Delhi (IANS) Net inflows into equity mutual funds dipped sharply to multi-year lows in November as on one hand, outflows from credit risk funds continued, while inflows into equity funds fell as much as 85 per cent.
Net inflows into equities…
Mumbai (IANS) Stock price of Yes Bank on BSE extended losses on Tuesday, falling nearly 12 per cent, as investors feared an adverse outcome of the crucial board meeting later.
The Ravneet Gill-led fourth largest bank is expected to take a call…
Mumbai (IANS) Sensex and Nifty opened marginally higher on Monday. Gains were led by Yes Bank, Zee, Maruti Suzuki and Tata Motors.
Auto stocks were trading higher, led by gains in Maruti Suzuki. The auto major increased its production in November…
New Delhi (IANS) After prolonged delays, India may soon open derivatives market for the power sector allowing both power generators and consumers to enter into futures contract and use it as a new hedging tool to mitigate price volatility and other…
New Delhi (IANS) The upcoming International Airport at the Jewar township of Greater Noida is expected to be a growth catalyst for the region, say industry analysts, as the project is expected to create urban infrastructure and generate jobs.
…New Delhi (IANS) Finance Minister Nirmala Sitharaman has invited suggestions on simplifying of return filing process under the Goods and Services Tax (GST) regime as the central and state GST authorities have organised a nationwide 'GST Stakeholder…
New Delhi (IANS) The country's largest telecom operator will shut its business and move towards insolvency if it does not get any relief regarding the over Rs 40,000 crore adjusted gross revenue-based (AGR) dues it has to pay the Department of…
Mumbai (IANS) Maharashtra government's decision to 'review' all major infrastructure projects in view of a major financial crisis suffocating the state has sent shockwaves in India Inc., though nobody has commented openly so far in the…
Islamabad (IANS) Inflation in Pakistan rose to 12.7 per cent year-on-year, the highest level in nine years mainly driven by an increase in prices of food items, it was reported.
The Pakistan Bureau of Statistics (PBS) reported on Wednesday…