Mail Today coverage on top business stories of a day
Business Today
Mail Today Business
Firms shocked as Sebi restricts trading of suspected shell companies

The suspect list includes the names of real estate major Parsvnath Developers, SQS India, Prakash Industries, J Kumar Infraprojects and Pincoin Spirits and Sebi has asked the stock exchanges to restrict trading in the shares of 162 of these companies.

It is estimated that a large number of them could be from India, though the company did not reveal how many Indian executives accepted the offer.
Tesla Chief Executive Officer Elon Musk said on Saturday the Model 3 had over half a million advance reservations as he handed over the first 30 to employee buyers.
The deal will need approval from smaller shareholders of Snapdeal before it gets finalised, sources said.
The demand for gold in India jumped by 37 per cent to 167.4 tonnes during the April-June quarter of 2017.
All eyes are on the Reserve Bank of India as a six-member Monetary Policy Committee (MPC) headed by governor Urjit Patel began a two-day meet on Tuesday.
The airline attributed the good set of numbers to overall improvement in all key operational metrics, including overhead cost, which declined by 2.5 per cent.
Idea Cellular is taking Reliance Jio head on with plans to launch a low-price smartphone to compete with the Mukesh Ambani-led company's cheap 4G feature phones.
The central bank is currently engaged in counting huge piles of old Rs 500/1000 notes which were scrapped following demonetisation on November 9, 2016.