LiveBPCL to Build 240 MW Renewable Power Facilities
Bharat Petroleum Corporation Limited (BPCL) is India’s second-largest government-owned downstream oil producer after ONGC. The company plans to set up 240-MW of renewable power capacity...
Category : BUSINESS
ITC Becomes 11th Indian Company to Cross Rs 5 Trillion Market Capitalisation
Cigarette-to-hotel conglomerate ITC Ltd has become the 11th listed Indian company with a market cap of more than Rs 5 trillion after its shares soared...
Netflix is Shutting Down its Original DVD Business After 25 Years
Netflix, which started as a company that shipped DVDs by mail, is winding down its DVD business. The company announced Tuesday that it would ship...
GQG Partners Raises ITC Stake to 1.44% in Q4
Foreign portfolio investor GQG Partners made headlines in March when it bought shares worth Rs 1,544.6 crore in Adani Ports and SEZ, Adani Green Energy,...
IndiGo Market Share Soars to 6-Month High
Connectivity to new destinations, including Mopa (Goa) and Nashik, helped market leader IndiGo push its market share to a six-month high in March. However, low-cost...
Government Reimposes Windfall Tax on Crude Oil; Levy on Diesel, Petrol and ATF nil
To rationalise the petroleum sector’s tax structure, the government has reimposed a windfall tax on domestically produced crude oil of Rs 6,400 per tonne. Petrol...
HDFC-HDFC Bank Merger to be Completed in July
HDFC Bank chief financial officer Srinivasan Vaidyanathan said HDFC Bank, the country’s largest private bank, will complete its reverse merger with its parent Housing Development...
Cred Launches Peer-to-Peer UPI Transactions
Fintech unicorn Cred, which started as a credit card payments platform in 2018, has begun facilitating peer-to-peer Unified Payments Interface (UPI) transactions, the company said...
Google Withdraws SC Appeal Against NCLAT Order, Refuses to Stay on CCI’s Rs 936 Crore Fine
Tech giant Google on April 17 withdrew the Supreme Court’s order against the National Company Law Appellate Tribunal (NCLAT) for refusing to stay on the...
Like PhonePe, Axis Bank Develops New Grocery Platform on ONDC
Axis Bank, one of India’s largest private banks, is preparing to launch a new consumer-facing buyer platform built on India’s Open Network for Digital Commerce...