Business

In a regulatory filing, Wipro said its board of directors has approved a buyback proposal for purchase of up to 23.75 crore equity shares at Rs 400 per share and aggregates to an amount of up to Rs 9,500 crore. This is 4.16 per cent of the paid-up equity...

United Nations SecretaryGeneral Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, after a report found the World Bank had invested $12 billion in the sector since the 2015 Paris Agreement to combat climate change.

A rare citywide power outage paralysed Mumbai on Monday, halting suburban train services, trapping people in lifts and disrupting work from home adopted by millions during the ongoing pandemic. Power supply was restored in a bulk of localities in the city...

The timing of the stimulus is perfect coming just ahead of the festival season when the green shoots of recovery are becoming stronger, Niti Aayog Vice-Chairman Rajiv Kumar said.

The International Energy Agency (IEA) has nudged up its global gas demand forecast for this year, but still sees the biggest fall on record due to the impact of the COVID19 pandemic.

Global shares were mostly higher Monday, though worries about the pandemic kept optimism in check

Hyundai Motor Co is set to triple the number of recalled Kona electric cars over battery cell fire risks with plans to recall around 51,000 vehicles in North America, Europe, China and other markets, Yonhap news agency reported on Sunday.

The airline industry has been shaken to its core by the pandemic, pushing some foreign carriers into bankruptcy and driving a few small U.S. ones out of business.

Federal regulators have not taken adequate steps to protect computer systems on airliners from hackers, a government watchdog agency reported on Friday.

Last month, the government extended the deadline for filing GST annual return and audit report for the financial year 2018-19 by a month till October 31.

The stock jumped 8.43 per cent to close at Rs 19.30 on the BSE. During the day, it zoomed 16 per cent to Rs 20.65.

Coal India Ltd (CIL) had allocated 9.27 MT of coal in the April-August period of the previous fiscal, according to government data.

Five Democratic U.S. senators on Thursday asked BlackRock Inc to justify why it rarely supported shareholder resolutions tied to climate change issues despite its increased focus on the environment this year.

World shares headed for a onemonth high and oil and metal markets rallied on Thursday, as hopes for more U.S. and global stimulus offset Europe's rising numbers of coronavirus cases and lockdowns.

World food prices rose for a fourth month running in September, led by strong increases for cereals and vegetable oils, the United Nations food agency said on Thursday.

Argentina has approved HB4 droughtresistant GMO wheat by biotechnology firm Bioceres SA, the company and the government said on Wednesday, making it the first country in the world to approve a strain of GMO wheat.