Even one homebuyer can drag an errant builder into the National Company Law Tribunal (NCLT), says the government after an Ordinance promulgated on Wednesday empowered homebuyers to do so.
Foreign Direct Investment to India decreased to 40 billion dollars last year from 44 billion dollars in 2016 while outflows from India, the main source of investment in South Asia, more than doubled, according to a new trade report by the UN.
IT czar Azim Premji-led PremjiInvest picked up a 6% stake in Future Retail from Bharti Group for about Rs 1,700 crore, in a block deal on Thursday.
In a major relief for employees belonging to Scheduled Castes (SCs) and Scheduled Tribes (STs), the Supreme Court has said that the government “is not debarred from making promotions in accordance with law” till Constitution bench of the apex court decides on the petitions before it.
The markets ended higher on Thursday after the Reserve Bank of India's (RBI's) Monetary Policy Committee on Wednesday hiked repo rate by 25 bps to 6.25%, for the first time in four years, while maintaining a neutral stance.
Even by the standards of this efficient and ultramodern city-state, hosting the summit between President Donald Trump and North Korean leader Kim Jong Un is a big ask.
Shares of Kwality have dipped 5% to Rs 31.65 per share, extending their 30% fall in past seven trading days on the BSE, despite the company today saying that its board will consider share buyback or bonus issue proposal on June 20, 2018.
Shares of Bajaj Finance hit a new high of Rs 2,190 per share, up 1.6% on the BSE in early morning trade. The stock of finance company surpassed its previous high of Rs 2,177 recorded on May 22, 2018 in intra-day trade.
RBI on Wednesday hiked the key rate for the first time in over four years -- by 0.25 per cent -- to curb inflationary pressure from high oil prices, a move which will translate into higher EMIs for home, auto and other loans.
The S&P BSE Smallcap index was down 1% on Monday, falling for the fifth straight trading day on the BSE. As many as 100 stocks from the index have hit their respective 52-week lows on the BSE in intra-day trade today.