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IndusInd Bank Jumps 4% As Promoters Call Report On Takeover "Baseless"
Edited by Sandeep Singh | Monday October 26, 2020IndusInd International Holdings Limited (IIHL) said it considers the report "malicious, untrue and baseless". -
Car Dealers Upbeat About Festive Season
Written by Purva Chitnis | Monday October 26, 2020According to the data released by Federation of Automobile Dealers Association, the overall vehicle registrations in September went up by 14 per cent over August. -
Petrol, Diesel Prices Unchanged On Monday
Edited by Peter Noronha | Monday October 26, 2020In Delhi, the price of petrol remained at Rs81.06 per litre on October 26, and diesel at Rs 70.46 per litre. InMumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litrerespectively. -
Market Live Updates: Sensex Falls Over 150 Points, Nifty Slips Below 11,900; IT, Metal Shares Drop
Edited by Sandeep Singh (with inputs from agencies) | Monday October 26, 2020Share Market Latest Updates: MSCI's broadest index of Asia-Pacific shares outside Japan went flat, still short of its recent 31-month peak. -
Sensex, Nifty Likely To Have Subdued Opening
Edited by Peter Noronha (with inputs from agencies) | Monday October 26, 2020Global shares got off to a cautious start on Monday as surging coronavirus cases in Europe and the United states threaten the economic outlook, even as growth in China provides some support to Asia. -
'Intend To Enforce Right," Says Reliance Retail After Amazon Gets Interim Relief
Edited by Peter Noronha (with inputs from agencies) | Monday October 26, 2020US-based e-ecommerce major Amazon.com won an interim award against its partner Future Group on Sunday, as a Singapore-based single-judge arbitration court restrained Future Retail from selling its retail business to Reliance Industries for Rs 24,713 crore. The indebted Kishore Biyani group company had earlier signed a pact to sell its retail, wholesale, logistics and warehousing units to billionaire Mukesh Ambani's Reliance Industries, through its subsidiary Reliance Retail Ventures. RRVL said Reliance Retail intends to complete the transaction under the terms of the agreement with Future Group without any delay. -
Amazon Wins Interim Relief, Future-Reliance Deal Put On Hold
Press Trust of India | Monday October 26, 2020, New DelhiAmazon.com Inc on Sunday won an interim award against its partner Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore-based single-judge arbitration panel put the deal on hold. -
Don't Wind Up Six Schemes Without Investors' Consent, Karnataka High Court Tells Franklin Templeton
Edited by Peter Noronha (with inputs from agencies) | Sunday October 25, 2020Franklin Templeton Mutual Fund had shut six debt schemes in India amounting to about Rs 28,000 crore from April 23, citing lack of market liquidity and redemption pressures arising from Covid-19 pandemic. -
Burger King India Files IPO Papers, Set To Raise Rs 542 Crore
Edited by Peter Noronha | Sunday October 25, 2020Burger King's initial public offer (IPO) will consist of fresh issue of equity shares amounting to Rs 542 crore and an offer for sale of up to 6 crore equity shares by the promoter QSR Asia, according to the draft red herring prospectus (DRHP) filed with Sebi. -
Here's How To Check Allotment Status Of Equitas Small Finance Bank IPO
Edited by Peter Noronha | Sunday October 25, 2020The IPO received bids for 22.57 crore equity shares as against offer size of 11.58 crore equity shares, subscription data on the stock exchanges revealed. -
Petrol, Diesel Prices Unchanged On Sunday
Edited by Peter Noronha | Sunday October 25, 2020In Delhi, the price of petrol remained at Rs 81.06 per litre and diesel at Rs 70.46 per litre on October 25. In Mumbai, petrol and diesel rates were Rs 87.74 per litre and Rs 76.86 per litre respectively. -
Banks Given November 5 Deadline To Implement Interest Waiver Scheme
Reuters | Saturday October 24, 2020, New Delhi/MumbaiThe top court had asked the government to implement the scheme, which will bring relief to millions of borrowers, at the earliest. -
Franklin Templeton Needs Unit Holder Approval For Scheme Wind-Ups: Karnataka High Court
Reuters | Saturday October 24, 2020, New Delhi/MumbaiFranklin Templeton Mutual Fund shut six credit funds in April citing lack of market liquidity and redemption pressures due to the pandemic. -
Due Date For Filing 2018-19 Annual GST Returns Extended Till December 31
Edited by Sandeep Singh | Saturday October 24, 2020This is applicable to businesses filing annual returns as well as audit reports for the year to March 31, 2019. -
Income Tax Return Deadline For Financial Year 2019-20 Extended Till December 31
Edited by Sandeep Singh | Saturday October 24, 2020For individuals required to get their accounts audited, a new deadline of January 31 is applicable, instead of December 31.
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