Union Govt Warns Edtech Companies against Unfair Trade Practices
The problem of increasing fake reviews was also a major point of concern which needed to be contained

Ayush BansalJuly 3, 2022

Image: SamVidhi The government warned ed-tech companies on Friday against indulging in unfair trade practices, including misleading advertisements. The cent...

BusinessNews

Great Wall Motors Quits India Without A Single Launch
Chinese automaker Great Wall Motor has been planning to enter the Indian market since 2020 but now becomes one of the biggest casualties of New Delhi's increased scrutiny of investments from Beijing.

Ayush BansalJuly 3, 2022

Image: Alamy China's Great Wall Motor has shelved plans to invest $1 billion in India and laid off all employees at its operations after failing to obtain r...

BusinessCarsNews

Sensex ends flat amid volatility, Nifty holds 15,850
Indian indices on Tuesday bounced back from intra-day losses to end flat, led by market heavyweights M&M, Tata Steel, and Reliance Industries, among others

Ayush BansalJune 28, 2022

Image: Business Today The benchmark equity indices erased their day’s losses and ended on a flat note with marginal gains on Tuesday. The S&P BSE S...

BusinessNews

Zomato stock slips 14% in two sessions post Blinkit acquisition
The acquisition of Blinkit by Zomato Ltd. is expected to add to its woes of high operating losses, said analysts

Ayush BansalJune 28, 2022

Image: Hindustan Times Shares of India's Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight day as investors questioned the ...

BusinessMarketsNews

Government appoints Nitin Gupta as chairman of CBDT
The CBDT is headed by a Chairman and can have six members who are in the rank of special secretary.

Ayush BansalJune 28, 2022

Mr. Gupta, an Indian Revenue Service (IRS) officer of the 1986 batch of the Income Tax cadre, is serving as the Member (investigation) in the Board and is sched...

India NewsNews

Pallonji Mistry, Head Of Shapoorji Pallonji Group, Dies At 93
Pallonji Mistry had taken up Irish citizenship in 2003 after his marriage to Patsy Perin Dubash, an Irish national.

Ayush BansalJune 28, 2022

Image: Zee News Pallonji Mistry, the man who built Mumbai's iconic Taj Mahal Palace ahead of schedule and chairman of Shapoorji Pallonji group, passed away ...

BusinessNews

Nifty ends above 15,800, Sensex gains 433 pts
Market Closing: Indian indices on Monday closed higher, led by market heavyweights TechM, HCL, L&T, Asian Paints, among others

Ayush BansalJune 27, 2022

Image: The Financial Express The benchmark equity indices on the BSE and National Stock Exchange (NSE) continued their upward momentum for the third straigh...

BusinessMarketsNews

Zomato share price tanks 6% after Blinkit acquisition
Zomato stock gained 3.7% at Rs 73 today against the previous close of Rs 70.35 on BSE

Ayush BansalJune 27, 2022

Image: ABP News Shares of online food delivery and restaurant discovery platform Zomato fell around 7 percent in the afternoon deals on Monday. The scrip...

BusinessMarketsNews

Indian economy may touch $30 trillion in next 30 years
Union Minister Piyush Goyal said India would "very soon" become a $30 trillion economy from the current $3 trillion leve

Ayush BansalJune 27, 2022

Image: The Economic Times India is one of the fastest-growing economies in the world and it is expected to reach USD 30 trillion in the coming 30 years, Com...

BusinessNews

Future Enterprises defaults on Rs 4.10 cr interest payment for NCDs
“The company is unable to service its obligations in respect of the interest on non-convertible debentures was due on June 24, 2022,” said FEL

Ayush BansalJune 27, 2022

Image: The Economics Times Debt-ridden Future Enterprises Ltd (FEL) has defaulted on interest payment of Rs 4.10 crore for its non-convertible debentures. ...

BusinessNews