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BusinessToday.in
New Delhi, July 17, 2018
Following Dhirubhai Ambani's death, his two sons, Mukesh Ambani and Anil Ambani, got into an ugly battle over ownership of the Reliance group. In the year 2004, the bitter war became public and then chairman of Reliance Industries Mukesh Ambani admitted in an interview that there were ownership issues within Reliance. Watch BusinessToday.In's video about how their feud rocked the Ambani empire and finally led to the split in one of India's largest corporates.


PTI
July 16, 2018
ICICI Bank's annual general meeting has been rescheduled to September 12 as against the earlier schedule of August 10.


Mail Today Bureau
July 14, 2018
Infosys on Friday posted a lower-than-expected 3.7 per cent rise in net profit for the quarter ended on June 30, 2018, due to a one-off charge related to fair value reduction of Panaya business.


BusinessToday.In
New Delhi, July 11, 2018
Back in April, the RBI instructed all entities it regulates to stop dealing with cryptocurrencies, like Bitcoin, in three months. This prevented investors from buying crypto currencies in exchange of rupee. The RBI ban came into effect from July 5.


BusinessToday.in
New Delhi, July 11, 2018
Andhra Pradesh tops in ease of doing business ranking; Gujarat slips to 5thAndhra Pradesh continues to be the best state to do business in the country while neighbouring Telegana has been ranked second with Haryana at the third spot, in the ease of doing business list prepared by the World Bank and the Department of Industrial policy and Promotion (DIPP). Gujarat has slipped further to the fifth rank in the ease of doing business.Aircel Maxis case: P Chidambaram, Karti get prote...


BusinessToday.In
New Delhi, July 10, 2018
IT major TCS reported the total revenue of Rs 34,261 crore, which is 6.8 per cent up sequentially and 15.8 per cent compared the corresponding quarter last year. The company's operating margin stood at 25 per cent.


PTI
July 9, 2018
During January-June this year, 18 companies have collectively raised Rs 23,670 crore through their respective IPOs, which is higher than Rs 12,000 crore garnered by 13 issuers in the first six months of 2017, according to an analysis of data available with the stock exchanges.


BusinessToday.In
July 7, 2018
The RBI had in April directed all the banks to stop dealing with individuals and businesses dealing in virtual currencies in next three months - the deadline ended on July 5.


BusinessToday.In
July 6, 2018
The issue was subscribed 3.59 times on June 29, the last day of the IPO. Bids for 5,09,62,695 shares were received against the total issue size of 1,41,85,212 shares, data showed.


BusinessToday.In
New Delhi, July 4, 2018
Today we are disabling the rupee deposit and withdrawal options on the Zebpay app. This is being done in light of the bank account closures as per the RBI guideline, says the company.


BusinessToday.In
July 4, 2018
All the banks and financial entities after tomorrow will stop operating accounts that are in any way linked to virtual currency trade. So, if you are still invested in Bitcoin or any other cryptocurrencies, it's time to think about the options in front of you.


BusinessToday.In
July 3, 2018
The market closed higher today on buying by domestic institutional investors in the backdrop of easing macro cues such as recovery in the rupee and falling crude oil prices. While the Sensex closed 114 points higher at 35,378, the Nifty rose 42 points to 10,699 level. Sun Pharma, Maruti and Infosys were the top Sensex gainers. Vedanta Ltd was the top Sensex loser after the group's decision to delist Vedanta Resources from the London Stock Exchange in $1.1 billion share buyback. The ...


BusinessToday.In
New Delhi, July 3, 2018
The SC is scheduled to hear the petition against the RBI circular on July 20, but had agreed for an early hearing on July 3 on a separate petition filed by Internet and Mobile Association of India, which considers the cryptocurrency exchanges as its members.


BusinessToday.In
July 3, 2018
The apex bank had in April directed all the banks to stop dealing with individuals and businesses dabbling in virtual currencies in next three months - the deadline ends on July 5.


PTI
July 3, 2018
In August last year, Sebi had directed exchanges to act against 331 suspected shell companies, while the government has already deregistered more than 2 lakh firms that have not been carrying out business activities for long.


BusinessToday.In
July 3, 2018
ICICI Securities had launched its IPO in March for 7.72 crore equity shares with a price band of Rs 519 to Rs 520.


PTI
July 2, 2018
The initial public offer (IPO) comprises sale of fresh equity shares to the tune of Rs 1,200 crore, according to the draft papers filed with the Securities and Exchange Board of India (Sebi). Proceeds of the issue will be utilised towards repayment of certain loans availed by the company for other general corporate purposes.


BusinessToday.In
New Delhi, June 28, 2018
Zebpay says the company may not be able to honour people's request after the deadline if banks discontinue its services as directed by the Reserve Bank of India.


BusinessToday.In
New Delhi, June 28, 2018
The government is also, at best, lukewarm to the idea of an asset reconstruction company (ARC) to take over the public sector banks' toxic loans as it's not keen on diverting more of taxpayers' money toward their resolution in this manner.


BusinessToday.In
June 27, 2018
Indian stock exchanges accounted for 5 per cent of global proceeds in the January-June period.


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