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Business

Sensex tanks over 400 pts in early trade; Nifty drops below 14,800

Equity benchmark Sensex tumbled over 400 points in early trade on Monday, dragged by losses in index majors HDFC twins, ICICI Bank and Reliance Industries despite a positive trend in global markets.


Muthoot Finance chairman MG George died after falling from fourth floor

New Delhi: M G George Muthoot, largely credited for making the Muthoot Finance a pan-India and the largest gold loan NBFC, passed away on Friday evening in a freak incidence of falling from the fourth floor of his house.

 


LATEST HEADLINES

Delhi court extends gangster Anmol Bishnoi's NIA custody by 7 days


RBI does not target any band for rupee, allows it to find its own level: Guv Malhotra


Jarkiholi is my colleague, don’t see us as enemies: DK Shivakumar


Ex-minister Ramanath Rai hits out at BJP leader Ashoka for ‘irresponsible’ comments on KC Venugopal


K'taka govt, Taiwan's Allegiance Group sign MoU to establish industrial technology innovation park


CBI books ex-AAI chairman for corruption in contract for food and beverage operator at airports


Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


Russian drone strike kills 12-year-old boy in Ukraine as peace talks kept under wraps


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period


Five engineering students killed as car rams into truck in Andhra


No intervention in foundation stone-laying of Babri-style mosque in Murshidabad, says Cal HC


Temple money belongs to deity, cannot be used to save cooperative banks: SC




Budget impact: Sensex soars over 750 pts; Nifty tops 14,500

Mumbai, Feb 2: The Sensex zoomed over 750 points and the Nifty crossed the key 14,500-level in the opening session on Tuesday, a day after the Union Budget which outlined a slew of measures to pull the economy out of the pandemic-induced slump.

 

Tiktok to shut down India business

New Delhi, Jan 27: Chinese social media firm Bytedance, which owns Tiktok and Helo apps, has announced the closure of its India business following continued restrictions on its services in the country.

RPL case: Sebi fines Reliance Industries, Mukesh Ambani, two other entities

Regulator Sebi on Friday imposed penalties on Reliance Industries Ltd, its Chairman and Managing Director Mukesh Ambani as well as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007.

Lockdown impact; Automotive industry suffered Rs 2,300 cr loss per day, 3.45 lc job loss: Par panel

New Delhi: In the wake of the COVID-19 pandemic and subsequent lockdowns, the automotive industry suffered Rs 2,300 loss crore per day and an estimated job loss in the sector was about 3.45 lakh, according to a parliamentary panel report submitted to Rajya Sabha Chairman M Venkaiah Naidu on Tuesday.

ICICI Bank launches ‘iMobile Pay’

Mumbai: ICICI Bank today announced that it has transformed its state-of-the-art mobile banking app, iMobile, into an app that offers payments and banking services to customers of any bank.

Nirmala Sitharaman, Kiran Mazumdar-Shaw in Forbes 2020 list of 100 most powerful women

New York: Finance Minister Nirmala Sitharaman, US Vice President-elect Kamala Harris, Biocon Founder Kiran Mazumdar-Shaw and HCL Enterprise CEO Roshni Nadar Malhotra have been named among the world's 100 most powerful women by Forbes, a list topped by German Chancellor Angela Merkel for the 10th year in a row.

 

Jio 5G service to launch in India in second half of 2021: Mukesh Ambani

New Delhi: Billionaire Mukesh Ambani on Tuesday hinted at rolling out 5G telecom services in the second half of 2021 and said policy steps are needed to accelerate the early rollout of ultra-high-speed 5G services that are affordable and available everywhere.

 

US Congress passes bill to delist deceitful Chinese companies from American stock markets

Washington: The US Congress has passed a bill that prohibits companies from being listed on American stock markets if they fail to provide the regulators access to their audit information for three years in a row, paving the way to delist deceitful Chinese companies from the US securities exchanges.

 

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