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Titan Co surges over 7% ahead of March quarter nos;

Shares of Titan Company climbed as much as 7.46 per cent to Rs 1,065 apiece on the BSE on Monday ahead of its March quarter results due later in the day. The stock, however, retreated from its day’s high levels and at 11:06 am, it was trading over 3 per cent up at […]Read More

IBC suspension leaves door open for fraud: Experts

The government’s decision to suspend initiation of fresh insolvency proceedings for six months from March 25 might be a blessing for many companies impacted by the Covid-19 outbreak and the lockdown, but it also leaves the door open for fraud, experts warn. As per the ordinance issued on Friday, proceedings under the Insolvency and Bankruptcy […]Read More

What shape will the recovery take? U-shape, check mark, square

The U.S. economy’s descent into a crisis certainly looks like a straight line down. What shape the recovery might take on the way up is an entirely different story. As economists try to make sense of what a recovery might look like, the only real certainties have been an unpredictable virus, dismaying data, and massive […]Read More

Top 10 headlines: Govt’s plans to privatise PSBs; RIL to

Banking to be a ‘strategic sector’, govt discussing privatising some PSBs The Centre is likely to designate the banking/financial sector strategic under the new privatisation policy, the contours of which are nearing finalisation. A top government official said discussions had also been held on privatising some state-owned banks that are not […]Read More

Plans afoot for India’s first Coal Exchange

NEW DELHI: India has decided to set up a coal trading platform, taking a giant leap towards completely throwing open the sector to market forces as the country gears up for commercial coal mining auctions, which will increase the number of sellers of coal. As per the proposal, entire coal produced in the country will […]Read More

How do you move a technology conference with 30,000 attendees

Subscribe to How To Reopen, our weekly newsletter on what it takes to reboot business in the midst of a pandemic. Each June since 2017, CognitionX, a London-based market research and conference business, has hosted one of the world’s largest annual gatherings devoted to the impact of artificial intelligence and other new technologies on society […]Read More

Jobs report shocker supports a ‘ray of sunshine’ market: Ed

Long-time bull Edward Yardeni believes the historic May jobs surge is a game changer for Wall Street. According to Yardeni, it debunks the notion there’s a disconnect between the significant market rally off the March 23 low and the coronavirus-battered economy. “The market has been a ray of sunshine — basically investors being convinced that we’ll […]Read More

Gross direct tax collection declines 4.92% to Rs 12.33 trn

The actual gross direct tax collection during 2019-20 fiscal dipped by 4.92 per cent to Rs 12.33 trillion on account on reduction in corporate tax rate, increased standard deduction and personal I-T exemption limit, the Income Tax Department said on Sunday. However, the gross collections would have clocked a 8 per […]Read More

CBI seeks sanction to prosecute five govt officials

New Delhi: The Central Bureau of Investigation (CBI) has sought sanction to prosecute five government officials allegedly involved in the Rs 3,600-cr VVIP chopper scam. These include four senior defence officials and one senior bureaucrat. The agency has approached the ministry of defence seeking prosecution sanction of the key officials, chiefly from the Indian Air […]Read More