The Enforcement Directorate on Thursday said it has restituted funds worth more than Rs 300 crore towards long-pending dues of the former workers of now defunct Kingfisher Airlines that was promoted by fugitive liquor baron Vijay Mallya. Photograph: Mansi Thapliyal/Reuters
India has protected the interest of domestic farmers and MSMEs by not extending any duty concessions on products across several sectors, including agricultural items such as dairy, as well as chocolates, gold, silver, jewellery, footwear, and sports goods, under the
Benchmark stock indices Sensex and Nifty declined for the fourth straight day on Thursday amid uncertainty over a trade deal and a muted trend in global markets. Photograph: Hemanshi Kamnani/Reuters Logging its fourth day of decline, the 30-share BSE Sensex
Photograph: ANI Photo The Securities and Exchange Board of India (Sebi) on Wednesday overhauled the cost framework for the ₹80 trillion domestic mutual fund industry, introducing a simplified structure aimed at improving transparency for investors while balancing the impact on
Markets regulator Sebi board on Wednesday approved a series of measures aimed at improving investor convenience, easing compliance norms, and deepening participation in the capital and debt markets. Photograph: Francis Mascarenhas/Reuters As part of the changes, the board, in its
The country’s largest IT services firm Tata Consultancy Services on Wednesday outlined an aggressive plan to become the “world’s largest AI-led technology services company” as CEO K Krithivasan shared that the company has logged about $1.5 billion in annualised revenue.
Stock markets declined for the third consecutive day on Wednesday, with benchmark Sensex closing lower by 120 points at a week’s low due to relentless foreign fund outflows. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex edged lower by 120.21 points
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable. Illustration: Dominic Xavier/Rediff Replying
The Centre has notified the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM) with an outlay of Rs 7,280 crore. IMAGE: A sample of bastnaesite ore, a mineral used in the rare earth industry. Photograph: Maxim Shemetov/Reuters
After completion of its mandatory tender offer in Fortis Healthcare and Fortis Malar Hospitals, Malaysian health care giant IHH Healthcare is aiming to add 2,000 beds in a bid to double down on value creation in India. Photograph: Saumya Khandelwal/Reuters
