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Real Estate Shares Rally After Maharashtra Government Slashes Stamp Duty
Edited by Abhishek Vasudev | Thursday August 27, 2020The state government on Wednesday decided to slash stamp duty on sale deed documents by 3 per cent from September 1 to December 31, 2020. -
Risk Aversion Will Be Self-Defeating For Banks: Shaktikanta Das
Press Trust of India | Thursday August 27, 2020, MumbaiMr Das said that rather than becoming averse to lending, banks have to improve their risk management and governance frameworks, and also build sufficient resilience. -
Government to Divest up to 15% Stake in Hindustan Aeronautics
Edited by Peter Noronha | Thursday August 27, 2020The floor price for the offer has been fixed at Rs 1,001 per share, which is a 15 per cent discount to Wednesday's closing price of Rs 1,177.75. -
Company With No Sales Gains 4,300% In Small Stocks Boom
Abhishek Vishnoi, Bloomberg | Thursday August 27, 2020Transglobe Foods Ltd, a fruit-jam maker has skyrocketed more than 4,300 per cent this year and real-estate services firm Shree Precoated Steels Ltd. has jumped over 1,300 per cent. -
TikTok CEO Kevin Mayer Quits
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020California-based TikTok and its Chinese parent ByteDance rejected what they called the White House's position that it was a national security threat. -
Nirmala Sitharaman To Chair GST Council Meeting, Will Discuss Compensation To States
Edited by Peter Noronha | Thursday August 27, 2020GST Council Meet: The meeting will discuss compensation to states and attempt to evolve a consensus on borrowing from the market to reimburse states for their revenue shortfall. -
GST Council Meeting LIVE Updates: Finance Minister Nirmala Sitharaman Chairs GST Council Meet, To Address Media At 3 PM
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020GST Council Meeting Updates: The 41st meeting of the GST Council comes at a time when many states have complained of not receiving adequate funds as GST compensation. -
Nikola Founder Giving First 50 Employees His Own Stock Worth $233 Million
Ed Ludlow and Sophie Alexander, Bloomberg | Thursday August 27, 2020The stock has surged since Nikola started trading on the Nasdaq via a reverse merger in early June, driven by investor appetite for electric-vehicle manufacturers. -
Sensex Rises Over 250 Points, Nifty Touches 11,600; Financial Stocks Lead Gains
Edited by Sandeep Singh (with inputs from agencies) | Thursday August 27, 2020Markets globally are still focused on the endless liquidity being pumped out by central banks. -
Petrol Price Hiked To Rs 81.83 Per Litre In Delhi, Diesel Remains Unchanged
Edited by Peter Noronha | Thursday August 27, 2020In Delhi, the price of petrol was raised to Rs 81.83 from Rs 81.73 per litre, whilediesel prices werekept steady at Rs 73.56 per litre,according to Indian Oil Corporation. -
Sensex, Nifty Likely To Have A Cautious Start
Edited by Peter Noronha (with inputs from agencies) | Thursday August 27, 2020Finance Minister Nirmala Sitharaman will chair the 41st Goods and Services Tax Council meeting, which will begin at 11 am through video conferencing. -
Amazon Faces New Regulatory Challenge From Indian Online Sellers: Report
Reuters | Wednesday August 26, 2020All India Online Vendors Association, members of which sell goods on Amazon and Flipkart, have alleged Amazon engages in unfair business practices -
Reliance Hires Indian Oil Ex-Chairman To Lead Oil-To-Chemical Business
Reuters | Wednesday August 26, 2020Operator of the world's biggest refining complex, Reliance is in the process of carving out its O2C business into a separate unit called Reliance O2C Ltd. -
Pensioners Can Store Pension Payment Order In DigiLocker, Says Government
Press Trust of India | Wednesday August 26, 2020This system will enable any pensioner to obtain an instant printout of the latest copy of their PPO from their DigiLocker account -
Doorstep Laundry Service, Work From Hotel & More: Hospitality Industry Reinvents Itself In Pandemic-Era
Reported by Arun Singh, Edited by Abhik Deb | Wednesday August 26, 2020The hotel industry is staring at low revenues and is struggling for survival amid travel curbs and other restrictions
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