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‘We want to reignite business,' says M&M CEO Anish Shah

Lalatendu Mishra M&M bets big on farm equipment, auto and TechM

ONGC net soars over eightfold as crude price offsets output drop

PRESS TRUST OF INDIA State-owned energy explorer posts Q1 profit of ₹4,335 cr.; oil production slips 5%

NTPC seeks global EoI for hydrogen-natgas pilot

PRESS TRUST OF INDIA PSU plans blending for city gas project

Union Minister Piyush Goyal addresses a virtual conference at the Confederation of India Industry annual meet, in New Delhi on August 12, 2021.

Piyush Goyal terms Indian industry anti-national, raises eyebrows

Vikas Dhoot Union Minister targets Tata group; videos of his address to CII annual meet blocked.

The Competition Commission of India is probing the e-commerce giants Flipkart and Amazon.

How will SC ruling on anti-trust probe impact Amazon, Flipkart?

Union Minister R.K. Singh interacted with investors from the U.S. and invited them to explore investment opportunities in the renewable energy and power sector in India. File

Govt woos U.S. investors to explore opportunities in power, renewable energy sector

Bombay Stock Exchange at Mumbai. File Photo.

Sensex soars past 55,000, adds 593 points on retail ‘euphoria’

NTPC invites EOI to set up pilot project on hydrogen blending with natural gas

Future Coupons seeks stay on seizure of assets

Legal Correspondent Moves apex court against HC order

‘Only 5 out of 136 unicorn founders are women’

Mini Tejaswi EMA Partners’ study highlights skew

Opinion & Analysis

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Will the new e-commerce rules really favour consumers?

Prashanth Perumal The intent of the rules is unclear and there are several consumer protection rules already in place

A compromise amid uncertainty

Garimella Subramaniam The OPEC deal to step up crude production will ease rising prices and balance domestic and global priorities

A view of the BSE building in Mumbai. File

India’s equity market bubble may burst soon

Prasenjit Bose Indranil Chowdhury With all agencies downsizing growth projections, the equity market is vulnerable to a major correction

Markets

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Bombay Stock Exchange at Mumbai. File Photo.

Sensex soars past 55,000, adds 593 points on retail ‘euphoria’

Special Correspondent Tech stocks spur gains; ‘cooling inflation, pickup in manufacturing aid sentiment’

The Bombay Stock Exchange in Mumbai. File

Market at new peak: Sensex scales 55k, Nifty ends above 16,500

PTI TCS was the top gainer in the Sensex pack.

Economy

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Bombay Stock Exchange at Mumbai. File Photo.

Sensex soars past 55,000, adds 593 points on retail ‘euphoria’

Special Correspondent Tech stocks spur gains; ‘cooling inflation, pickup in manufacturing aid sentiment’

Union Minister Piyush Goyal addresses a virtual conference at the Confederation of India Industry annual meet, in New Delhi on August 12, 2021.

Piyush Goyal terms Indian industry anti-national, raises eyebrows

Vikas Dhoot Union Minister targets Tata group; videos of his address to CII annual meet blocked.

Industry

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Petronet net rises 22% on higher volumes

NTPC seeks global EoI for hydrogen-natgas pilot

‘Pace of apparel exports to key markets healthy’

ONGC net soars over eightfold as crude price offsets output drop

M&M unveils XUV700 at ₹11.99 lakh

interview | ANISH SHAH Business

‘We want to reignite business,' says M&M CEO Anish Shah

Data | Does economy determine a country's performance at Olympics?

At the Tokyo Olympics, the top 10 countries in the medals tally won 54% of all the medals and eight of them are high-income countries

NTPC invites EOI to set up pilot project on hydrogen blending with natural gas

This pilot on hydrogen blending with natural gas would explore the viability of decarbonising India’s natural gas grid.

How will SC ruling on anti-trust probe impact Amazon, Flipkart?

Why is the Competition Commission of India probing the e-commerce giants and what happens next?

Govt woos U.S. investors to explore opportunities in power, renewable energy sector

Union Minister R.K. Singh reiterated his commitment to further U.S. and India’s shared goals on climate change, clean energy and sustainability and the India-U.S. Clean Energy Agenda 2030 Partnership.

Twitter transfers India head Manish Maheshwari to U.S.

The company did not disclose details around the succession plan after Maheshwari moves to the US.

July exports rise 49.9%, imports surge 63%

Trade deficit widens to $10.97 billion

Škoda starts delivery of Kushaq

Škoda Auto India said it had started deliveries of the newly introduced 1.5L TSI-powered Kushaq from Friday. Zac Hollis, brand director said, “The

Godrej Consumer Products expands e-com business, rolls out three products

Godrej Consumer Products Ltd. (GCPL) has introduced three new products under its brands Godrej Ezee, Godrej Protekt and Goodknight, which will be

Nayara Energy raises ₹2,285 crore via NCDs

Nayara Energy Ltd., formerly Essar Oil, said it had raised ₹2,285 crore through placement of non-convertible debentures (NCDs) in the domestic market.

Nadir Godrej named CMD of Godrej Industries

Godrej Industries Ltd. (GIL) said effective October 1, Adi Godrej will step down as chairman of the board and Nadir Godrej, who is currently MD will

Greaves arm to buy stake in EV firm MLR

Ampere Vehicles, the e-mobility arm of Greaves Cotton Ltd., said it will acquire a strategic stake in electric three-wheeler maker MLR Auto

TII turns ₹135-crore net profit for Q1

Tube Investments of India Ltd. (TII), a Murugappa Group firm, said its consolidated net profit for the first quarter stood at ₹135 crore against a

Grasim Q1 net surges fourfold to ₹2,412.32 cr.

Revenue rises 53% to ₹19,919.40 crore

ALL eyes bigger role in global market

Ashok Leyland Ltd. (ALL) is gearing up to play a much bigger role in the international market, said CFO Gopal Mahadevan.“ALL’s international market

Govt. extends export rebate for garments

The Ministry of Textiles has notified the continuation of the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for export of garments and

E.I.D. Parry nets loss on surplus, output

E.I.D. Parry India Ltd., one of India’s largest manufacturers of sugar, has reported a net loss of ₹33 crore for the quarter ended June, compared with

‘Only 5 out of 136 unicorn founders are women’

EMA Partners’ study highlights skew

Future Coupons seeks stay on seizure of assets

It moves Supreme Court against High Court order.

Sensex soars past 55,000, adds 593 points on retail ‘euphoria’

Tech stocks spur gains; ‘cooling inflation, pickup in manufacturing aid sentiment’

Industry’s practices are against national interest, says Piyush Goyal

Union Minister targets Tata group; videos of his address to CII annual meet blocked.

Facebook delays return to campus as Delta variant rages

Facebook is also requiring people in offices to wear masks, regardless of whether they have been vaccinated.

Central Board of RBI reviews current economic situation

RBI Governor Shaktikanta Das chaired the meeting to review the adverse impact of COVID-19 on the economy

Rupee ends flat against U.S. dollar

It finally ended at 74.24 against the American currency.

Market at new peak: Sensex scales 55k, Nifty ends above 16,500

TCS was the top gainer in the Sensex pack.

Gold jumps ₹ 222; silver rallies ₹ 100

Gold in the national capital on Friday jumped ₹ 222 to ₹ 45,586 per 10 gram amid a recovery in international precious metal prices and rupee

AGR dues: Voda-Idea urges SC to review dismissal of plea

In July, Bench concluded that what telecom firms really wanted, under guise of correcting ‘arithmetical errors’, was recalculation of their AGR that runs into crores of rupees

Explained | Impact of removing anti-dumping duty on viscose staple fibre

Fibre will be available in India at competitive prices

Apple's child protection features spark concern within its own ranks

Core security employees did not appear to be major complainants in the posts, and some of them said that they thought Apple's solution was a reasonable response to pressure to crack down on illegal material.

Sensex surges over 250 points to cross 55K in early trade; Nifty tops 16,400

M&M was the top gainer in the Sensex pack, rising over 1 per cent, followed by L&T, HDFC, ITC, Axis Bank and HDFC Bank.

Ex-director seeks to stall $2 billion Paytm IPO, company calls it harassment

At the heart of the dispute is a one-page document signed between Ashok Kumar Saxena and Paytm’s billionaire CEO, Vijay Shekhar Sharma, in 2001

Centre revokes anti-dumping duty on viscose fibre

Textile industry welcomes move

Top business news of the day: Sensex, Nifty reach lifetime highs; Voda-Idea urges SC to review dismissal of plea in AGR dues case, and more

Top news of the day from the world of business, finance and economy

China’s GWM bags trademark for Aure, may start production soon

Indicating softening of stance by the Union government on Chinese investments, the Registrar of Trade Marks recently granted a trademark to the

NCLT orders liquidation of Siva Industries

The National Company Law Tribunal (NCLT), Chennai, has rejected a one-time settlement offer made by the erstwhile promoters of Siva Industries and

IT sector must eye at least 500 ₹5,000-cr. units

The technology sector in India should aim to build 500-600 companies with revenues of ₹5,000 crore or more in the next three-five years, from about

ALL Q1 loss narrows to ₹282 crore

Commercial-vehicle manufacturer Ashok Leyland Ltd. (ALL) said standalone net loss for the first quarter ended June narrowed to ₹282 crore from ₹389

Sundram Fasteners turns a profit on higher sales

‘Cost improvement, efficiency helped’

Goyal chides industrialists, urges them to introspect

‘Can’t seek market access and protection at the same time’

Didn’t seek an extra paisa from anyone for COVID fight: FM

‘Buoyant revenues to help Centre pay States entire GST compensation this year’

Tata Steel turns Q1 PAT of ₹9,768 crore

Tata Steel Ltd. on Thursday reported first quarter consolidated net profit stood at ₹9,768.34 crore compared with the year-earlier period’s loss of

Hero MotoCorp Q1 net surges to ₹256.46 crore

Hero MotoCorp, the country’s largest two-wheeler maker, on Thursday posted a consolidated net profit of ₹256.46 crore in the first quarter of FY22.The

BPCL Q1 net drops 28% to ₹1,502 cr. as expenses rise

Bharat Petroleum Corporation Ltd. (BPCL) on Thursday reported first quarter stand alone net profit dropped 27.67% to ₹1,501.65 croreon account of a

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