Business

Mistry said today’s judgment is not a personal victory for him, but is a victory for the principles of good governance and minority shareholder rights.

Tata Global Beverages tanked 4.14 per cent, Tata Coffee 3.88 per cent and Tata Motors 3.05 per cent on the BSE. Tata Motors was the top loser among the BSE Sensex constituents.

Setting aside a lower court order, the National Company Law Appellate Tribunal (NCLAT) also quashed the conversion of Tata Sons into a private company from a public firm.

The bank said that out of Rs 4,090 crores divergence in provision for NPAs, it has already made provision of Rs 1,475 crore during the current financial year.

At the Interbank Foreign Exchange, the rupee opened weak at 71.08 then fell to 71.11 against the US dollar, showing a decline of 13 paise over its previous closing.

Sanjiv Kapoor was responsible for managing strategy development, network planning, pricing and revenue management, sales & distribution, product development, branding, marketing and customer experience.

The comments from Das come following a series of five consecutive rate cuts by RBI starting February this year by a cumulative 1.35 per cent.

HDFC Bank, ICICI Bank, Kotak Mahindra Bank and SBI were the other winners in the top-10 list, while TCS, Hindustan Unilever Limited, Infosys and ITC suffered losses in their market capitalisation for the week.

Cumulatively, during April-November 2019, exports were down 1.99 per cent to $211.93 billion while imports contracted by 8.91 per cent to $ 318.78 billion.

Onion is a seasonal crop with harvesting period of Rabi (March to June), Kharif (October to December) and late Kharif (January to March).

After rising 284 points in early session, the 30-share index was trading 244.04 points or 0.60 per cent higher at 40,825.75. Similarly, the broader Nifty was trading 66.20 points or 0.55 per cent up at 12,038.

In October, Infosys had informed the stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management.

In a written reply in the Rajya Sabha, Finance Minister Nirmala Sitharaman said the notes in circulation (NIC) as on November 4, 2016 were worth Rs 17,74,187 crore which have increased to Rs 22,35,648 crore as on December 2, 2019.

Foreign investors pulled out a net sum of Rs 1,668.8 crore from equities. FPIs, however, invested Rs 1,424.6 crore on a net basis in the debt segment, resulting in a total net outflow of Rs 244.2 crore in December so far.

Airtel and Vodafone Idea have filed separate petitions in the Supreme Court seeking review of the October 24 order of the apex court that held them liable to pay statutory dues for past 14 years after including non-telecom revenue in their annual adjusted...

Birla indicated that his group will not invest any money in the company in the absence of relief from the government.