Business

CAIT said that the unfair practices being adopted by such e-commerce platforms, claiming to be a marketplace, are conducting sales to direct consumers instead of making Business-to-Business (B2B) sales.

As per census 2011, SC (16.6%) and ST (8.6%) have a share of more than 25 percent of the country’s population which means if the Watal formula is applied, an eighth of the total funds under central-sector and centrally sponsored schemes must be used for t...

In a significant move, the regulator has decided that no CRA should, directly or indirectly, hold more than 10 percent of shareholding and/ or voting rights in another CRA and would not have representation on the board of the other CRA, SEBI Chairman Ajay...

The 30-share Sensex was up 76.71 points, or 0.22 per cent, to scale a new high of 34,087.32, breaching its previous intra-day record of 34,061.88 hit on Tuesday.

IOC and BPCL have separately indicated to the petroleum ministry their interest in taking over GAIL to help add natural gas transportation and marketing business to their kitty, official sources said.

Observing that there are enterpreneuers, government officials and individuals who usually come to the state capital from smaller cities for business and official work at present by time-consuming road and rail transport, Air Deccan chief Capt G R Gopinath...

With its new CEO Salil Parekh taking charge on January 2, Infosys will certainly hope to turn the page in the coming year as it seeks to move on from the year-long, public standoff.

Thyssenkrupp and Tata Steel in September reached a preliminary agreement to merge their European steel units to create the continent's second-largest steelmaker after ArcelorMittal, with 15 billion euros ($17.81 billion) of sales.

At present, there is no proposal to make Aadhaar linkage mandatory in property transactions, said Union Minister of State (Independent Charge) for Housing and Urban Affairs Hardeep Singh Puri.

The 50-share NSE Nifty also went up 39.45 points, or 0.37 per cent, to 10,428.20.

The markets opened in red. The 30-share BSE Sensex was down 740.11 points or 2.21 percent at 32,722.86 and the 50-share NSE Nifty fell 208.80 points or 2.02 percent to 10,124.50.

The second US bitcoin futures launch is seen as another step towards big institutional investors warming up to a volatile asset that had until recently been accessible only via largely unregulated markets.

Market mood took a hit after government data, released after trading hours on Tuesday, showed that industrial production growth hit a 3-month low of 2.2 per cent in October and retail inflation jumped to a 15-month high of 4.88 per cent in November.

Apart from selling of the American currency by exporters, forex dealers said the dollar's weakness against other currencies overseas kept the rupee higher.

Reckless lending in the high growth years during the previous government and certain development in the telecom, power and coal sectors following graft charges created a lot of stress in the corporate world and left many of them over-leveraged.

As of 11:15 am EST, bitcoin was valued at $ 17,482, according to Coinbase, the largest bitcoin exchange. At the start of the year, one bitcoin was worth less than $1,000.