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Sadbhav Infrastructure expects to receive proceeds of the sale after January 31, the company said in an exchange notification.The board of IndInfravit Trust, the Canada Pension Plan Investment Board (CPPIB)-backed infrastructure…

The rupee opened strong at 71.44 against US dollar in early trade.The Indian rupeeadvanced 22 paise to 71.48 per US dollar in opening trade on Thursday as global markets stabilised after the US and Iran toned down their war rhetoric. At…

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Discounts lead to lower prices and can reflect cost savings arising from a variety of sources.A market study conducted by the Competition Commission of India (CCI) reveals that while discounts by e-commerce portals leads to user growth,…

The possibility of a trade deal being signed between the US and China is another trigger for the yellow metal.Spot price for gold rose 1.5% on Wednesday in India to touch Rs 40,977 for 10 gm, as markets woke up to retaliatory attack by…

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The rules are in line with recommendations of the Financial Action Task Force (FATF) for combating money laundering and financing terrorism.The ministry of corporate affairs (MCA) has extended the time offered to companies to provide…

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Jet Airways was grounded in April after lenders refused to provide emergency funding to carry out operations.By Anwesha Ganguly The insolvency proceedings of grounded Jet Airways have hit yet another snag after two of its lenders, IDBI…

The Amfi data also showed that in December, other exchange-traded funds (ETFs) saw inflows of Rs 12,673.50 crore.Net inflows into the equity-oriented schemes of mutual funds in December were second lowest in the current financial year at…