Business
NCLAT Halts Liquidation Process of Sterling Biotech Till Further Orders
NCLAT has issued notices to the CoC and resolution professional of the company directing them to file their replies in next two weeks.
Rishad Brings New Ways of Thinking, Will Lead Wipro to Greater Heights, Azim Premji Tells Company Staff
In a message to employees, Azim Premji exuded confidence that Wipro will continually transform to scale new heights as the world changes but remain firmly committed to its values.
Wipro Founder Azim Premji to Retire as Executive Chairman by End of July, Son Rishad to Take over Reins
Azim Premji's son Rishad Premji, chief strategy officer and a board member, will take over as the executive chairman of the company.
Govt Might Merge NTPC, NHPC and SJVN, Split GAIL Amid PSU Restructuring: Report
The report said that the proposals will be taken up by the new ministerial committee that will oversee mergers and stake sales.
As RBI Announces a 25 bps Cut in Repo Rate, Here is What the Central Bank's Policy Means For You
RBI’s Monetary Policy Committee began its fortnightly meet on policy repo rates on June 4 and will now be coming out with its report on June 6.
Rupee Slips 19 Paise to 69.45 vs US Dollar in Early Trade Ahead of RBI Policy Outcome
The Reserve Bank of India's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy decision today.
Hiring Activity to be Positive in 2019-20 Providing Opportunities For Freshers: Survey
Embracing the importance of artificial intelligence, healthcare sector will create 40 per cent of opportunities in terms of employability, followed by marketing and human resources, the survey revealed.
GST Mop-up Crosses Rs 1 Lakh Crore for Three Straight Months in May
The total revenue earned by the central government and the states after regular settlement in the month of May, 2019 is Rs 35,909 crore for CGST and Rs 38,900 crore for the SGST, the Finance ministry said.
India's Forex Reserves up by $1.99 Billion to $419.99 Billion
The overall reserves had declined by USD 2.05 billion to USD 417.99 billion in the previous reporting week.
India’s Unemployment Rate at 45-Year High as Govt Confirms 6.1% Figure Leaked in January
The same figure was leaked to a newspaper in January, which said it was the highest since 1972-1973.
Nalco Shares Drop 1.6 Percent Despite Posting Best Annual Net Profit in a Decade
Nalco board also recommended a final dividend of 25% on face value of Rs 5 each for the financial year 2019, subject to the approval of shareholders in the forthcoming annual general meeting.
Changes in Labour Laws, Privatisation on Agenda as India Set for 'Big Bang' Reforms in Modi's 2nd Term
Rajiv Kumar, vice chairman of NITI Aayog, said reforms in India's complicated labour laws will see the light of day as early as the next parliamentary session in July, when the government will place a new bill before the lower house for approval.
Sensex Rises Over 100 Points; Nifty Above 11,900 in Early Trade
The 30-share index was trading 98.04 points, or 0.25 per cent, higher at 39,781.33. Similarly, the broader NSE Nifty rose 24.75 points, or 0.21 per cent, to 11,949.50.
Sensex, Nifty Hit Record Highs as Rally Continues on Modi's Return
Experts have said that the market is witnessing a board-based rally expecting better outlook for the economy in the next one to two quarters.
AI Adoption to Raise Productivity by Over Two Times in India by 2021: Microsoft
The study found that India business leaders and workers hold positive viewpoints about the AI's impact on the future of jobs.
Weak Aircraft, Auto Sales Push Key US Data to Nine-Month Low
The disappointing Commerce Department data on durable goods sales for April marked a subdued start to the second quarter of 2019, which is expected to show a slowdown in economic activity.
