Punjab National Bank (PNB) on Friday said a consortium led by it has taken the symbolic possession of the factory of Leitwind Shriram Manufacturing (LSML), a Shriram group company, in Chennai to recover Rs 600-crore loans the company has availed of.

Leitwind Shriram Manufacturing, according to PNB, had availed of credit facilities to the tune of Rs 600 crore from a consortium.

If you would want to know if your phone calls are being tapped or not, all you have to do is to ask Trai for the information. The Delhi high court on Friday ruled that the Telecom Regulatory Authority of India (TRAI) should provide information on phone tapping to citizens under the Right to Information Act, 2005 (RTI) after obtaining the same from telecom operators.

HDFC Bank on Friday hiked its marginal cost of funds lending rate (MCLR) to 8.40%, 8.45% and 8.55% for the one, three- and six-month tenures, respectively. The hike for all buckets was 5 basis points. HDFC Bank has hiked its short-term MCLR rates consecutively for the past four months.

However, the private sector lender left the benchmark one-year MCLR unchanged at 8.70%.

European carriers Air Italy and WOW air commenced their direct flights from the national capital on Friday, according to the airlines.

Air Italy would operate three flights a week from the national capital to Milan and from December 14, there would be direct services between Mumbai and Milan with the same frequency.

Facebook said Friday it would add $9 billion to its stock buyback program, which could scoop up shares pummelled over the past few months by privacy scandals and a slump on Wall Street.

In a regulatory filing, the leading social network said it added to a $15 billion share repurchase program began in 2017.

The National Anti-Profiteering Authority (NAA) has ordered a dealer of Johnson & Johnson (J&J) to deposit Rs 501,646, along with an interest of 18 per cent, with the Consumer Welfare Fund after it raised the base price of two of its products to offset for the reduction in the goods and services tax (GST) from 28 per cent to 18 per cent. The GST Council had changed the rates with effect from November 15, 2017.

The government on Friday extended the deadline for filing annual GST return by three months.

Businesses can now file the return by March 31, 2019.

It has been "decided to extend the due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C till 31st March 2019," the Central Board of Indirect Taxes and Customs (CBIC) said in a statement.

Paris was on high alert on Saturday with major security measures in place ahead of fresh "yellow vest" protests which authorities fear could turn violent for a second weekend in a row.

Shops, museums, metro stations and the Tour Eiffel were due to close, while top-flight football matches and music shows were cancelled.

The “brutally challenging” Indian telecom market has only seen the beginning of many disruptions, yet it offers ample growth potential to not only draw massive investments but ensure profitability, Telecom Secretary Aruna Sundararajan said Thursday.

Paytm Mall is offering on it platform discount of as much as 70 percent along with additional cashback on purchase of winter wear. In its ‘The Mega Winter Store’ offer, Paytm Mall is offering discounts on winter wear, accessories, footwear, groceries, home appliances including heaters, geysers, and more till year end. Even as all the deals are valid till December 31, individual products are subject to stock availability, company said in a release.

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