Business

The 30-share index hit an all-time intra-day high of 38,989.65.

The notice, issued on Tuesday by the DMG, Prasanna Acharya, directs Vedanta to pay the principal royalty amount of Rs 54.48 crore within 14 days and the interest of Rs 43.03 crore

Strong gains in metal, power, teck, healthcare and IT, fertilisers and sugar stocks lifted the key indices to new highs.

The 10-member committee, which submitted its report to Corporate Affairs Minister Arun Jaitley, has made various recommendations as part of larger efforts to promote ease of doing business and better compliance levels.

The finance ministry would also give a bank guarantee of Rs 2,000 crore on behalf of the cash-strapped carrier. This loan would be used as working capital by the airline, sources said.

Paytm already has a strong capital table with a bunch of globally renowned investors such as Japan’s SoftBank Group, China’s Alibaba Group and Ant Financial.

This was the fifth weekly gain in a row for the benchmarks. During the week, the Sensex gained 303.92 points, or 0.80 per cent, while the Nifty rose 86.35 points, or 0.75 per cent.

The bench said it would decide over the issue of conversion of Tata Sons to a private company at later stage during the pendency of appeal.

According to a Reuters survey of shipping fixtures and traders, some 890,000 barrels a day of West African crude will sail to India, compared with 600,000 bpd in July and almost double last August's 460,000 bpd.

In its Global Macro Outlook for 2018-19, Moody's said the run-up in energy prices over the last few months will raise headline inflation temporarily but the growth story remains intact as it is supported by strong urban and rural demand and improved indus...

The due date of filing of GST summary sales returns in Form GSTR 3B for July has been extended to October 5 from August 20 for the flood affected areas.

The 30-share BSE index spurted 124.21 points, or 0.32 per cent, to hit a new high of 38,402.96, surpassing its previous record of 38,340.69 marked on Monday.

While Tata Consultancy Services (TCS), HUL, ITC and Infosys saw a rise in their market capitalisation (m-cap) for the week ended Friday, RIL, HDFC Bank, HDFC, Maruti Suzuki India, SBI and Kotak Mahindra Bank suffered losses.

Infosys co-founder N R Narayan Murthy described M D Ranganath as "one of the best CFOs" in India and a "rare individual".

Taking positive cues from global equities, the 30-share index was trading higher by 262.91 points, or 0.69 per cent, at 37,926.47. The index had lost 188.44 points in the previous session.

The Indian rupee on Monday plummeted to its life-time low of 69.85 (intra-day) against the US dollar, tracking global cues.