Business

SEBI had conducted an examination in the matter of Infosys and observed that Mazumdar Shaw had delayed making the requisite disclosures with respect to change in her shareholding in the company.

Essel Group entities hold 22.37 percent in Zee, of which over 90 percent or 21.48 percent, are pledged as collaterals against finances availed by them through NCDs.

'Just like we operate flights to Dubai, we can operate flight to Ras Al Khaimah,' SpiceJet MD Ajay Singh said, adding that bilateral rights between Indian cities and Ras Al Khaimah are thin.

Fortune's annual Businessperson of the Year list features 20 business leaders 'who tackled audacious goals, overcame impossible odds, found creative solutions'.

The all-India average retail price of onion stood at Rs 60.38 per kg on November 15, compared with Rs 22.84 per kg on the same date last year.

Reliance Industries became the first Indian company to hit the Rs 9.5 lakh-crore market capitalisation level.

Bharti Airtel Ltd shares jumped over 6%, while those of Vodafone Idea Ltd surged over 21% after the two companies said they will increase tariffs effective 1 December 2019.

The government has so far raised 173.64 billion rupees ($2.43 billion) in the 2019/20 fiscal year ending in March, against the full-year's target of 1.05 trillion rupees, the minister said in a written reply in the lower house of parliament.

As tax collections are under stress, the government is banking on receipts from disinvestment to shore up revenues.

The Department of Revenue on Thursday said its notification is with regard to easing of Aadhaar KYC use for opening of the bank account for the convenience of people who often migrate from place to place for jobs or any other reason.

It expected economic activity to pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent, respectively, but the pace to remain lower than in the recent past.

At 2:55 pm, shares of Mahangar Gas were trading at Rs 1,010 apiece, up 4.2%, after hitting the day’s high of Rs 1,046.65. Notably, the stock has risen over 18% in the past one year.

However, by 10:50 am, Lupin shares erased all its early gains to trade 0.1% lower at Rs 734.75 after hitting a high of Rs 758.70 in morning trade. Notably, the stock has lost nearly 14% in the last one year.

Vodafone's operating loss from India business jumped to 692 million euros in April-September from 133 million euros in the same period last year.

Weakness in the US dollar against other currencies overseas and easing crude oil prices supported the domestic unit and capped the fall.

At 11:18 am, the S&P BSE Sensex was trading at 40,509.42, down 143.76 points, or 0.35%, while the Nifty 50 slipped 49 points, or 0.41, to 11,963.15. DLF, Indraprastha Gas, BPCL, Wockhardt and Raymond were among the key stocks in news today.