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Category: Business Updates

Business Updates

Govt not planning any major restructuring of PLI scheme

August 12, 2022By businessreputationdata

TCS had received two whistleblower complaints, one each in February and March, and these were related to certain individuals in the company “favouring” certain BAs. Both the complaints were investigated, he added.

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Business Updates

Domestic institutions not part of FPI-led bull rally

August 11, 2022By businessreputationdata

India, the world’s third-largest consumer of crude oil, depends on imports to meet over 85 per cent of its oil needs.

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Business Updates

Sensex, Nifty fall amid caution ahead of inflation data

August 11, 2022By businessreputationdata

Besides, persistent foreign fund outflows and weakness in the rupee hit investor sentiments, traders said.

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Business Updates

Vivek Singh, OSD to FM Sitharaman, leaves position

August 11, 2022By businessreputationdata

The notification by Finance Ministry has amended an earlier 2006 notification that will facilitate sharing of information between the GSTN, Enforcement Directorate and other investigative agencies.

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Business Updates

RBI tightening: Bankers blame ‘high’ NBFC exposure to small unsecured loans

August 10, 2022By businessreputationdata

RBI Governor Shaktikanta Das had said Wednesday that the increasing interconnectedness between banks and non-banks merits close attention.

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Business Updates

Nifty 50 set for worst month in 2023 as IT stocks add to woes

August 10, 2022By businessreputationdata

The concerns around the Middle East conflict have also led to a spike in oil prices, a negative for net importers like India.

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Business Updates

India UK bilateral investment treaty likely to be finalised soon, to differ from 2016 model

August 9, 2022By businessreputationdata

Among these 74 bilateral investment treaties, notice of termination has been issued to 68 countries with request to re-negotiate based on the model BIT 2015 and six BITs are still in force. A

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Business Updates

India fastest-growing economy in world today: FM Nirmala Sitharaman during No-Confidence Motion debate

August 9, 2022By businessreputationdata

Sitharaman said, “In 2013, Morgan Stanley had included India in the list of five fragile economies of the world. India was declared a fragile economy. Today, the same Morgan Stanley upgraded India and gave it a higher rating.”

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Business Updates

RIL’s net up 10.9% as digital & retail arms deliver strong performance

August 7, 2022By businessreputationdata

Jio Platforms Ltd, RIL’s digital arm, made an 11.6 per cent rise in net profit at Rs 5,445 crore during the December quarter (Rs 4,881 crore last year) and a revenue of Rs 32,510 crore (Rs 29,195 crore).

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Business Updates

Sensex soars 333 pts, Nifty advances to 19,820; realty and financial stocks lead, NTPC, Coal India shine

August 7, 2022By businessreputationdata

NTPC, Coal India, BPCL, Tata Motors, L&T, Hero MotoCorp, Adani Ports, ONGC, Bajaj Finserv, Bharti Airtel, and Titan were the top gainers in today’s trade.

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