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Sensex rallies over 300 pts, Nifty reclaims 10,800 level

Sensex rallies over 300 pts, Nifty reclaims 10,800 level

BSE benchmark Sensex Friday rallied over 300 points and NSE Nifty reclaimed the 10,800 mark on firm global cues, heavy foreign fund inflow and strengthening rupee.

Extending gains for the third session, the 30-share index was trading 306.16 points, or 0.86 per cent, higher at 36,113.44.

Bank strike in 2019: Union calls for 2-day strike, these services may be impacted

Bank strike in 2019: Union calls for 2-day strike, these services may be impacted

Just after bank unions concluded their 5-day long strike against the merger of Bank of Baroda with Vijaya Bank and Dena Bank, it's now being reported that the All India Bank Employees' Association (AIBEA) has further proposed yet another bank protest.

Govt's move to provide fair market competition to e-commerce players: CAIT

Govt's move to provide fair market competition to e-commerce players: CAIT

The recent move of the government to tighten the noose of major e-commerce players will culminate into a fair market competition and will provide equal even level playing field for one and all to adopt e-commerce as another business model, said Secretary General of the Confederation of All India Traders (CAIT), Praveen Khandelwal.

Viral and violent: The year of fake news mob attacks and lynchings

Viral and violent: The year of fake news mob attacks and lynchings

Hate crime in the form of lynching — related to cow protection or fake texts spreading rumours about child abduction — continued unabated this year, forcing the government and private parties to respond with strong measures.

The government has been asking WhatsApp, Facebook and other messenger services to store their data in India; there is also a new telecom policy on the cards that aims to regulate how data is transmitted.

SC declares Triple talaq unconstitutional; Good verdict, bad law?

SC declares Triple talaq unconstitutional; Good verdict, bad law?

The Supreme Court in August this year declared “triple talaq” — a form of divorce practised by Muslims in India allowing a man to end his marriage by uttering the word “talaq” thrice in written, oral or electronic mediums — unconstitutional.

In its judgment, the court noted that Muslim-majority nations such as Saudi Arabia and Pakistan had also made triple talaq illegal and directed the Prime Minister Narendra Modi-led government at the Centre to introduce a law banning it.

Inspection of six cos linked to ICICI Bank controversy at 'advanced stage'

Inspection of six cos linked to ICICI Bank controversy at 'advanced stage'

The Corporate Affairs Ministry's inspection of the books of six companies linked to the ICICI Bank controversy is at an "advanced stage", according to a senior official.

On April 23, the ministry ordered inspection of six companies, including NuPower Renewables.

L&T Construction bags orders worth Rs 2,357 crore

L&T Construction bags orders worth Rs 2,357 crore

Larsen & Toubro (L&T) Thursday said its construction arm of has won orders worth Rs 2,357 crore in the domestic market.

L&T's water and effluent treatment and transportation infrastructure business has secured order worth Rs 1,281 crore from Andhra Pradesh Capital Region Development Authority (APCRDA), the engineering and construction major said in a regulatory filing.

Sebi slaps Rs 10 cr fine on 3 promoters of Man Industries’

Sebi slaps Rs 10 cr fine on 3 promoters of Man Industries’

Markets regulator Sebi has slapped a penalty of Rs 10 crore on three promoters of Man Industries for failing to make an open offer to the company’s shareholders.

The three promoters are JPA Holdings Pvt Ltd, Nikhil Mansukhani and Anita Mansukhani.

Maruti India recalls 5,900 units of Super Carry

Maruti India recalls 5,900 units of Super Carry

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday said it is recalling 5,900 units of its light commercial vehicle Super Carry to replace faulty fuel filter.

The company will inspect a possible defect in fuel filter of 5,900 Super Carry vehicles manufactured between April 26, 2018, and August 1, 2018, MSI said in a regulatory filing.

Air India should disclose lease income from assets abroad: CIC

Air India should disclose lease income from assets abroad: CIC

Cash strapped national carrier Air India should disclose its assets abroad and earnings from them, the Central Information Commission has ruled.

It “summarily” rejected the contention of Air India that the information sought by activist Aseem Takyar regarding rent, lease fee fetched by it from April 01

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