Previously, the FTP (2015-20) had been extended until September 30 this year due to the COVID-19 pandemic
The order noted, "...information disseminated to the public with respect to the classification of Videocon’s loan account as NPA by Dena Bank was likely to materially affect the price of Videocon Industries Limited"
American Airlines would be inaugurating services between New York and Delhi on October 31, and Seattle and Bengaluru on January 4, 2022
The measures announced in the scheme bear the potential to make India an export hub in the global auto supply chain and increase cost competitiveness, ICRA stated
Dish TV had sought an extension to hold the shareholders' meeting on September 19. The company said it would require time for potentially changing the CEO or the board of directors of the company owing to a mandatory requirement from the Ministry of Information and Broadcasting
It further recommended the company to, "...examine if it is necessary to prepare and publish restated financial statements as per Ind AS 8 and Section 131 of the Companies Act, 2013"
The company said the hike is aimed at partially offsetting the impact of the rise in input costs. All models excluding Vellfire would see an upward revision in prices, next month onwards.
Notifying the scheme, the ministry also said that participating companies will have to undertake processing and operation activities in their factory premises.
SuperZop cofounder said the company has built the business in an extremely capital-efficient manner from its existing backers SIDBI Venture Capital Ltd, CIIE.CO and Angels.
Ford and a partner company say they plan to build three major electric-vehicle battery factories and an auto assembly plant by 2025.
The price of petrol was hiked to Rs 101.39 a litre in Delhi from Rs 101.19 and to Rs 107.47 per litre in Mumbai, according to a price notification of state-owned fuel retailers.
Recently, the government announced that its net direct tax collections for the FY 2021-22 grew at over 74%, while advance tax collections for the year stood at Rs. 2.53 lakh crore.
The 30-share Sensex was trading 124.32 points or 0.21 per cent lower at 59,953.56. Similarly, the Nifty declined 21.40 points or 0.12 per cent to 17,833.70.
Initially, NASDEX will target tokenized Asian equities trading for Asian investors, having a market cap near $30 trillion. In addition, NASDEX has the potential to include the global equity markets, having a combined market cap of around $100 trillion.
After the completion of the deal, Elica PB India will become a majority-owned subsidiary of Whirlpool India.
The Reserve Bank imposed a penalty of Rs 2 crore on private lender RBL Bank for deficiencies in regulatory compliances and non-compliance with the provisions of the Banking Regulation Act.
Goldman Sachs has raised its forecast for Brent crude oil prices to $90 per barrel from $80 by year-end. The forecast has been revised due to faster fuel demand recovery in the global economy.
A total market borrowing of Rs 12.05 lakh crore was projected for the fiscal year 2021-22 in the Union Budget. The effective borrowing in H1 was Rs 7.02 lakh crore
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