Market capitalisation of BSE-listed companies at fresh lifetime high of over Rs 275.2 trillion
NEW DELHI: The market capitalisation of the BSE-listed companies reached a fresh lifetime high of over Rs 275.20 lakh crore on Tuesday, driven by a continuous rally in the equity market. The 30-share BSE benchmark continued its winning run for the third consecutive session on Tuesday. It gained 221.26 points or 0.37 per cent to […]
Maruti Suzuki India’s most favoured in 2021
NEW DELHI: Maruti Suzuki India Limited continues to be the most preferred car brand in the country. In 2021, 8 out of top 10 best-selling passenger vehicles were Maruti Suzuki, first time, in a calendar year. These eight vehicles include WagonR, Swift, Baleno, Alto 800, Dzire, Vitara Brezza, Eeco and Ertiga. Ertiga joined the top […]
CBDT extends FY21 ITR filing deadline for corporates till March 15
NEW DELHI: The government of India on Tuesday extended till March 15 the deadline for corporates to file Income Tax returns for the fiscal ended March 2021. The deadline to file tax audit report and transfer pricing audit report for 2020-21 fiscal too has been extended till February 15. This is the third extension given […]
Delhi: DLF sells properties worth Rs 1,500 crore in new luxury housing project
NEW DELHI: Realty major DLF Ltd on Tuesday said it has sold properties worth Rs 1,500 crore in its newly launched housing project at Moti Nagar in the national capital, reflecting strong demand for luxury apartments. On Friday, DLF launched its luxury housing project ‘ONE Midtown’ comprising 913 units, at Shivaji Marg in Moti Nagar, […]
Supreme Court of India reserves verdict on pleas of Future group firms
NEW DELHI: The Supreme Court of India on Tuesday reserved verdict on a batch of pleas filed by Future group firms against a Delhi High Court order declining stay on an arbitration tribunal decision refusing to interfere with the Emergency Award (EA) of the Singapore International Arbitration Centre (SIAC). We reserve the order. All the […]
Amazon writes to Future; confirms Samara Capital ready to invest Rs 7,000 crore
NEW DELHI: Amazon has written to independent directors of Future Retail Ltd (FRL), confirming that Samara Capital “remains interested and committed” to invest Rs 7,000 crore for buying all retail assets of the debt-ridden company and asked the retail firm to furnish existing due diligence reports to Samara by Sunday, according to sources. On January […]
India’s exports up 33 per cent to $7.63 billion during January 1-7 period
NEW DELHI: India’s exports grew 33.16 per cent to USD 7.63 billion during January 1-7 period on account of healthy performance by various sectors, including engineering, petroleum and gems and jewellery, according to preliminary data from the commerce ministry. Exports stood at USD 5.73 billion during the same period last year. During the first week […]
Foxconn to resume operations at Tamil Nadu plant; facility under probation by Apple
NEW DELHI: Apple supplier Foxconn Technology Group on Monday said it has implemented a range of corrective actions and will start bringing back team members gradually to the Sriperumbudur factory, which was shut down last month following a mass food-poisoning incident at the plant’s offsite dormitory facility. The factory located on the outskirts of Chennai […]
Skoda drives in all new Kodiaq at Rs 34.99 lakh
NEW DELHI: Czech automaker Skoda on Monday launched new version of its premium SUV Kodiaq in the country, priced between Rs 34.99 lakh and Rs 37.49 lakh (ex-showroom). The new Kodiaq comes equipped with 2-litre petrol engine mated to a seven-speed transmission sending power to all four wheels. The company said the all new version […]