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Times of India: Business News and Markets News

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Check latest updates on business, finance and economy from across the world. Get daily updates for BSE Sensex, Share price, Stock markets, BSE, NSE, Nifty, business news on various sectors and much more from Times of India Business.
Updated: 17 min 25 sec ago

GST Council to meet on Oct 6, may dole out sops to exporters

14 hours 29 min ago
The issues that are expected to be discussed include the findings of the Group of Minister (GoM) on technical glitches on the GST Network portal. The meeting was scheduled to be held on October 24 but was preponed in view of the engagements following Diwali.
Categories: India News

Diageo says highway liquor ban to hurt sales

15 hours 18 min ago
The Supreme Court, in a verdict late last year, had banned the sale of alcohol in outlets within 500 metres of national and state highways from April. Pernod Ricard, the world’s second largest distiller, reported its slowest ever sales growth for its Indian unit for the fiscal ended June.
Categories: India News

Exporters urge government panel to speed up GST refunds

20 hours 39 min ago
Exporters flagged their concerns on liquidity crunch and the loss of competitiveness of India’s exports due to the GST to a committee headed by revenue secretary Hasmukh Adhia.
Categories: India News

Canada Pension Funds may drive in Rs 4000 crore to India

20 hours 53 min ago
India is looking to boost investment in roads, ports, railways, energy and airports to upgrade its woeful infrastructure as part of efforts to bolster economic growth.
Categories: India News

Markets opens on flat note again; TRAI move on phone bills take toll

23 hours 2 min ago
30-share BSE Sensex opened 64.73 points higher on 32,467.10 while the broader 50-share NSE Nifty gained 13.40 points to start trading on 10,160.95. Telecom stocks - Bharti Airtel, Idea Cellular and Reliance Communications fell 3-6 per cent after TRAI slashed mobile call connection charge
Categories: India News

Flipkart targets women buyers in sale

Tue, 09/19/2017 - 9:18pm
Flipkart has signed on brands in fashion, home and books -where women tend to make more transactions than men It has also been ramping up its collection in line with its internal data, which shows women spend 2.2 times more time than men.
Categories: India News

EU Chamber warns China: Open economy faster or risk backlash

Tue, 09/19/2017 - 7:02am
The EU Chamber of Commerce said in a report that Beijing is backtracking in some areas, including by imposing new restrictions on food imports, express delivery and legal services. It proposed hundreds of possible changes to open the state-dominated economy.
Categories: India News

Sensex, Nifty trade rangebound; finish flat

Tue, 09/19/2017 - 6:19am
The 30-share BSE Sensex lost 21.39 points to finish on 32,402.37 while the broader 50-share NSE Nifty fell a more marginal 5.55 points to close on 10,147.55. The Nifty had opened on a fresh all time high of 10,175.60 and Sensex with a gain of 100 points but both the indices soon erased the gains
Categories: India News

ICICI Lombard IPO oversubscribed 1.26 times

Tue, 09/19/2017 - 5:53am
Categories: India News

FDI likely to rise further after GST: Moody’s

Tue, 09/19/2017 - 1:39am
In India, Moody’s said, the government has raised ceilings for authorised FDI in a number of sectors. “FDI has already increased substantially, albeit from a low base,” the report said.
Categories: India News

Won’t force petrol, diesel carmakers out: Gadkari

Tue, 09/19/2017 - 1:37am
The biggest challenge to move to electric mobility is the price of electric vehicle, which continues to be high due to expensive batteries.
Categories: India News

Nifty opens at record high even as markets trade flat

Tue, 09/19/2017 - 12:04am
In opening trading, Nifty hit the fresh all time high of 10,175.60 as the broader index went up by 22.50 points. Sensex gained 99.68 points to open on 32,522.44. The indices however, soon erased the gains as within 15 minutes of trading, both slipped into the red.
Categories: India News

Mistrys warn listed Tata companies on Tata Sons’ move to go private

Mon, 09/18/2017 - 6:30pm
Cyrus Investments, owned by the Mistry family which is a minority shareholder in Tata Sons, has warned Tata companies holding Tata Sons shares against the latter’s move to turn itself into a private limited company as it will impose stake-sale restrictions.
Categories: India News

Infrastructure spending may slow down as glitches in GST hit revenue

Mon, 09/18/2017 - 8:42am
Tax receipts were a shade above Rs 50,000 crore in July - a little over half the monthly target - mostly because millions of firms failed to comply with the new Goods and Services Tax (GST) system that harmonises all state and federal sales taxes but is still a work in progress.
Categories: India News

RBI receives 1.24 lakh complaints against banks

Mon, 09/18/2017 - 7:27am
The reply to the RTI application shows that maximum complaints (28,901) have been filed against the largest lender, SBI (State Bank of India). HDFC comes second with 9785 complaints and ICICI on third with 9737 complaints.
Categories: India News

Nifty registers new closing high, Sensex spikes 150 points

Mon, 09/18/2017 - 6:34am
The 30-share BSE Sensex gained 151.15 points to close on 32,423.76 and the broader 50-share NSE Nifty went up by 67.70 points to finish on 10.153.10. The markets opened on a positive note on Monday on the back of strong global cues as Wall Street hit record highs on Friday.
Categories: India News

Google payment app 'Tez' launched: All you need to know

Mon, 09/18/2017 - 5:09am
On Monday, Finance Minister Arun Jaitley launched Google's payment app- 'Tez'. Speaking on the occasion he lauded the app saying, " Tez by Google (is) perhaps the simplest form of monetary transactions.
Categories: India News

I-T department targets defunct companies for tax frauds

Mon, 09/18/2017 - 1:42am
Former directors of such closely-held private companies fear they could be suddenly saddled with unforeseen liabilities.
Categories: India News

Telecom war fought over quality & new services

Mon, 09/18/2017 - 1:36am
Service providers are also expected to focus on new technologies like Internet of Things to target niche user base for early adoption, Satyajit Sinha said.
Categories: India News