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Category: Business Updates

Business Updates

As govt softens stance, new rule for checking laptop, PC imports from November 1

August 30, 2022By businessreputationdata

For now, under the import management system, the government will ask companies to register themselves and share how many laptops and computers are being imported, and from which sources.

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Business Updates

Stock markets recover after 2-day decline; banking, metal shares shine

August 30, 2022By businessreputationdata

The 30-share BSE Sensex climbed 275.62 points or 0.42 per cent to settle at 65,930.77.

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Business Updates

IndiGo expects plane groundings in ‘mid-thirties’ in Q4 due to powder metal issue with Pratt & Whitney engines

August 29, 2022By businessreputationdata

IndiGo, however, reiterated that despite the additional groundings, it is confident of meeting its capacity growth guidance of “north of mid-teens” for 2023-24 (FY24) due to the mitigation measures it is implementing.

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Business Updates

India will explore London Stock Exchange for stock listing of local firms, says UK finance minister

August 29, 2022By businessreputationdata

Currently, Indian companies are not allowed to list directly on overseas exchanges as per regulations.

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Business Updates

Adani Enterprises share price jumps over 2% after promoters increase stake

August 29, 2022By businessreputationdata

Shares of Adani Enterprises Ltd climbed over 2 per cent on Tuesday after billionaire Gautam Adani-led promoter group increased its stake in the flagship firm.

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Business Updates

GST evasion of Rs 14,302 cr across 2,784 cases detected in April-May

August 28, 2022By businessreputationdata

Commenting on the numbers, ICRA Ltd Chief Economist Aditi Nayar said that the tardy onset of the monsoon contributed to improved performance of electricity and coal.

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Business Updates

Sensex, Nifty up 2% in biggest rally in a year

August 26, 2022By businessreputationdata

The BSE’s 30-share Sensex gained 1,383.93 points, or 2.05 per cent to end at a new peak of 68,865.12. The Nifty 50 rose 418.9 points, or 2.07 per cent, to finish at record high of 20,686.80.

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Business Updates

Govt approves 8.15% interest rate on Employees’ Provident Fund for FY23

August 26, 2022By businessreputationdata

The project will span 22 districts covering prominent areas such as Varanasi, Prayag Raj, Agra, Mathura, and Aligarh, among others.

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Business Updates

Akasa Air sues pilots who quit without serving 6-month notice, seeks crores in damages

August 26, 2022By businessreputationdata

Most of these pilots are understood to have accepted offers from Air India Express, which, like Akasa Air, operates Boeing 737 family of aircraft.

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Business Updates

Gas price for Reliance to be reduced by 14% from next month

August 25, 2022By businessreputationdata

For the six-month period starting October 1, the price of gas from deepsea and high-pressure, high-temperature (HPTP) areas is likely to be cut to around $10.4 per million British thermal unit from the current $12.12, reported PTI quoting sources.

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