July 15, 2020 | 11:53 PM IST
Equity market

Equity market leaps over 4% after PM Modi’s 20L Cr…

After Prime Minister Narendra Modi announced a Rs 20 crore relief-package on Tuesday night, the domestic stock markets started with strong gains, on Wednesday,…

ril

RIL declares May 14 as record date for rights issue…

Reliance Industries Limited (RIL) has announced May 14 as the record date to determine shareholders for India’s biggest rights issue. This is RIL’s first…

market

SBI slashes Fixed Deposit interest rates; applicable…

The State Bank of India (SBI) has slashed the interest rates on Fixed Deposits (FD) for up to 3 years tenor and the new rates will come into effect from…

stock exchange

Asian Paints’s shares dip as news of RIL selling its…

Shares of Asian Paints reported a loss of over 2%, on Friday, on the Bombay Stock Exchange (BSE) after reports of Mukesh Ambani-led Reliance Industries…

stock market

HUL’s shares dip by 5% as Glaxo, Horlicks sell their…

Shares of Hindustan Unilever fell by 5% on Thursday after GlaxoSmithKline Pte (GSK) and Horlicks Limited sold their 5.69% stake in the company.At the…

Financial markets

Financial markets remain closed on account of Labour…

All trading markets including Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) remained closed on Friday on account of Labour Day and Maharashtra…

Axis Bank

Axis Bank’s CEO recommends complete lifting of lockdown…

Axis Bank’s Chief Executive Officer (CEO) Amitabh Chaudhry, on Wednesday, said unlike other countries, India implemented lockdown with no major financial…

tax hike

Top IRS officers charge-sheeted for suggesting tax…

Three Principal Commissioner rank Indian Revenue Service (IRS) officers were charge-sheeted by the Central Board of Direct Taxes (CBDT), on Monday, for…

Mutual Funds

RBI announces Rs 50cr for Mutual Funds to ease pressure…

The Reserve Bank of India (RBI), on Monday, announced a Special Liquidity Facility of Rs 50,000 crore for mutual funds (SLF-MF) to ease the liquidity…

moratorium

Big banner companies seek moratorium on loan repayments…

Over 328 companies from hospitality, airport, hospitals and real estate sectors have applied for a moratorium on loan repayments from the Reserve Bank…

detection kit

IIT-Delhi develops Coronavirus detection kit that…

The Indian Council for Medical Research (ICMR), on Thursday, approved the low-cost Novel Coronavirus detection kit developed by the Indian Institute of…

Finance Ministry

Finance Ministry holds DA and DR of Centre employees,…

The Finance Ministry, on Thursday, announced that the hike in Dearness Allowance (DA) and Dearness Relief (DR) for central government employees and pensioners…