Business

Global stocks extended losses after China vowed to retaliate against US President Donald Trump’s decision to impose 10% tariffs on the remaining $300 million of imports from China which were not already subject to levies.

To ensure optimal utilisation of clinical pharmacology units (CPUs) that conduct bio-equivalence studies, the company is discontinuing operations at two centers at Tandalja and Akota in Vadodara.

Bata India had opened 71 new retail and 51 franchisee stores, and renovated 47 outlets across India in 2018-19. It had also relocated 14 stores and closed 28.

Aegon Life had more than 440,000 customers in India by January 2017, according to its website. It is a relatively small player in India's crowded life insurance sector that is dominated by state-run Life Insurance Corporation of India.

Naik said the lingering trade wars between the US and China present us with a huge opportunity if we are able to attract the units leaving China.

The S&P BSE Sensex closed down 462.80 points, or 1.23%, at 37,018.32, after falling nearly 800 points in intraday trade. The Nifty 50 index, meanwhile, closed below the 11,000 marks at 10,980, down 138 points, or 1.24%.

The 30-share index was trading 155.94 points or 0.42 per cent lower at 37,241.30; and the broader Nifty also fell 43.25 points or 0.39 per cent to 11,042.15.

The rise in refined palm oil shipments will help refiners in Malaysia and bring down inventories of tropical oil in the world's second bigger producer, but squeeze Indian refiners that traditionally import crude palm oil.

The government orders from earlier this month followed a three-year investigation which found that beer maker SABMiller, acquired by AB InBev in 2016, used duplicate barcodes on its beer bottles supplied to city retailers that year, allowing it to pay low...

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Forex traders said cautious opening in domestic equities and strengthening of the US dollar vis-a-vis against other currencies overseas kept pressure on the Indian rupee.

The final investigation has found that the final approach of the B737 aircraft was 'unstabilised'. The aircraft speed was high and it touched down late, around 900 meters from the threshold area of runway 34, which resulted in runway excursion and damage...

SBI didn’t make any official statement regarding the disruption in these services, but customers took to micro blogging site Twitter to complain about the technical glitch.

HDFC and HDFC Bank were the biggest losers in the Sensex pack, plunging 5.09 per cent and 3.32 per cent, respectively, after the private bank reported a rise in non-performing assets (NPAs).

A spokesman for World Bank in India on Saturday said the discussions with the government were in the early stages, adding that 'further rounds of consultations will help us define the contours of this collaboration'.

Stock markets took a hit after Finance Minister Nirmala Sitharaman dashed hopes of any tweaks in the Finance Bill to ring-fence foreign portfolio investors (FPIs) from the effects of the “super-rich” tax proposed in the Union Budget 2019.