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Middle East Share Of India's Oil Imports At Over 2-Year High: Report
Reuters | Saturday August 22, 2020, New DelhiAnalysts said lower fuel demand and paltry refining margins had driven a preference for Middle Eastern sour grades over sweet African barrels. -
Petrol Rate Hiked In Metros, Diesel Unchanged
Edited by Sandeep Singh | Saturday August 22, 2020Currently, fuel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes. -
Supreme Court Seeks Details From Telecom Department On Dues Of Firms Sharing Spectrum
ANI | Saturday August 22, 2020, New DelhiAGR Case: The Supreme Court was hearing a batch of petitions seeking staggered payment of dues to the tune of around Rs 92,000 crore to the government by various telecom companies. -
Yes Bank Sells Asset Management, Mutual Fund Businesses To White Oak Investment
Edited by Abhik Deb (with inputs from agencies) | Friday August 21, 2020The ultimate beneficial holder of the purchaser is Prashant Khemka who owns 99.99 per cent of White Oak Investment Management -
Sensex Gains Over 1% For Week Led By Auto, Metal Stocks
Edited by Sandeep Singh (with inputs from agencies) | Friday August 21, 2020The Nifty Bank - comprising stocks of 12 major lenders in the country - rose 2.86 per cent for the week, whereas the Nifty PSU Bank index rose 4.11 per cent. -
Sensex, Nifty Resume Upmove After A Day's Pause
Edited by Abhishek Vasudev | Friday August 21, 2020Buying was visible across the sectors as thirteen of 19 sector gauges compiled by the BSE ended higher. -
All You Need To Know About Crude Oil Price Today
Edited by Sandeep Singh (with inputs from agencies) | Friday August 21, 2020Crude Oil Price: In April, the contract had hit a 21-year low of $15.98 per barrel as the coronavirus pandemic-induced lockdowns hampered global oil demand. -
New Enrolments In EPFO Up By 8.47 Lakh In First Quarter, Says Government
Edited by Abhik Deb (with inputs from agencies) | Friday August 21, 2020In June, EPFO witnessed an addition of 6.55 lakh net subscribers registering a 280 per cent month-on-month growth -
Rupee Gains By 18 Paise To Close At 74.85 Against Dollar
Edited by Sandeep Singh (with inputs from agencies) | Friday August 21, 2020Gains in the domestic equity markets supported the rupee but strength in the greenback overseas put pressure on the rupee, say analysts. -
Government Invites Bids For IRCTC Stake Sale, Shares Rise 1%
Edited by Abhik Deb (with inputs from agencies) | Friday August 21, 2020The government currently holds 87.40 per cent stake in IRCTC and to meet Sebi's norms it needs tobe brought down to 75 per cent -
In Bankruptcy Case Against Anil Ambani, Tribunal To Verify SBI Claim
Upmanyu Trivedi and P R Sanjai, Bloomberg | Friday August 21, 2020State Bank of India has claimed that Anil Ambani offered about $160 million of personal guarantees while seeking loans in 2016 for RCom. -
US Court Upholds Penalty Of $140 Million On TCS In EPIC Systems Case
Edited by Abhishek Vasudev | Friday August 21, 2020The case dates back to 2014 when Epic first sued TCS with allegations that it illicitly downloaded documentation for software. -
Petrol Prices Hiked For Second Straight Day; Diesel Remains Unchanged
Edited by Abhishek | Friday August 21, 2020Petrol and diesel prices vary in different parts of the country due to factors such as price of crude oil, foreign exchange rate and local taxes. -
Sensex Rises Over 300 Points, Nifty Crosses 11,400 Amid Gains Across Sectors
Edited by Sandeep Singh (with inputs from agencies) | Friday August 21, 2020Equities in other Asian markets rose on Friday after a technology stocks-driven rally on Wall Street in which the Nasdaq Composite index hit a record high despite downbeat data that affirmed the US central bank's dour outlook on economic recovery. -
Patanjali-Acquired Ruchi Soya's 8,764% Stock Surge Spurs SEBI Rethink
Ronojoy Mazumdar and Ashutosh Joshi, Bloomberg | Friday August 21, 2020Ruchi Soya swung to a profit of Rs 12.26 crore ($1.6 million) in the quarter ended June, while its revenue dropped 5 per cent from the preceding three-month period to Rs 3,040 crore.
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