New Delhi, Dec 17 (PTI) Following are the top business stories at 1950 hours: DEL69 BIZ-CCI-LD AMAZON CCI suspends approval for Amazon-Future Coupons deal; slaps Rs 202 cr penalty on e-tailer New Delhi: In a significant development, the Competition Commission of India (CCI) on Friday suspended its more than two-year-old approval for Amazon’s deal to acquire stake in Future Coupons Pvt Ltd and also imposed a Rs 202 crore penalty on the e-commerce major for certain contraventions.
DEL61 BIZ-PM-INVESTORS PM Modi meets large global investors New Delhi: As preparation for next year’s Budget gathers steam, Prime Minister Narendra Modi on Friday met with leading private equity/venture capital players to seek suggestions on making India a more attractive investment destination.
DEL70 BIZ-LD RUPEE Rupee firms up gains to end at 76.06 against dollar Mumbai: The rupee pared its initial losses to settle marginally higher by 3 paise at 76.06 against the US dollar on Friday, even as concerns over foreign fund outflows and rising crude oil prices weighed on overall sentiment.
DEL68 BIZ-FOREX-RESERVES Forex reserves decline USD 77 mn to USD 635.828 bn Mumbai: Declining for the third consecutive week, India’s forex reserves dipped by USD 77 million to reach USD 635.828 billion for the week ended December 10, RBI data showed on Friday.
DEL47 BIZ-LD STOCKS Benchmarks bleed as virus, taper trigger global retreat; log weekly losses Mumbai: The Sensex plummeted 889 points while the Nifty sank below the 17,000-mark on Friday, in line with a selloff in global markets as hawkish central banks and rising Omicron cases sparked a retreat from riskier assets.
DEL43 BIZ-RBI-CRYPTOCURRENCY RBI Board discusses private cryptocurrencies, CBDC Mumbai: The Central Board of Reserve Bank on Friday discussed various aspects related to Central Bank Digital Currency and private cryptocurrencies.
DEL32 BIZ-GOLD-PRICE Gold climbs Rs 398; silver zooms Rs 1,033 on global cues New Delhi: Gold price in the national capital on Friday rallied by Rs 398 to Rs 47,762 per 10 gram reflecting gains in precious metal prices in the international market, according to HDFC Securities.
DCM49 AVI-JET-CONSORTIUM Jalan-Kalrock consortium approaches NCLT to fast-track Jet Airways resolution Mumbai: The winning consortium of Jet Airways on Friday said it wants to infuse funds in the airline and has approached the NCLT to fast-track implementation of the resolution plan approved by the insolvency court in June this year. DCM25 BIZ-OIL-BID ROUND India offers 8 oil, gas blocks for bidding in latest round New Delhi: India has offered 8 oil and gas blocks, mostly in Assam, for bidding in the latest bid round with a view to bringing more area under exploration, leading to increase in domestic production and reduction of imports.
DEL24 BIZ-USFDA-EVUSHELD-OMICRON USFDA study shows Evusheld retains neutralising activity against Omicron: AstraZeneca New Delhi: Drug firm AstraZeneca on Friday said that a preclinical study has concluded that its antibody combination Evusheld for the prevention of coronavirus infection has been found to have retained neutralising activity against the Omicron variant.
DCM53 BIZ-LD AIRTEL-PREPAYMENT Airtel prepays Rs 15,519 cr to DoT to clear all deferred liabilities for 2014 spectrum New Delhi: Telecom operator Bharti Airtel on Friday said it has paid Rs 15,519 crore to the government towards prepayment of its entire deferred liability pertaining to spectrum acquired in the 2014 auction.
DCM21 BIZ-FTA-UK-GOYAL India-UK FTA negotiations likely to start next month: Goyal New Delhi, Dec 17 (PTI) Commerce Minister Piyush Goyal on Friday exuded confidence that negotiations for a free trade agreement between India and the UK would be launched next month and with Canada by March-April. PTI SHW SHW
