by PTI News | Feb 9, 2022 | 2:51 pm | News
New Delhi, Feb 9 (PTI) The Competition Commission of India (CCI) has asked Dumper and Dumper Truck Union Lime Stone to cease and desist from indulging in unfair business practices after the regulator found it guilty of violating norms. The regulator noted that the union, operating in Sanu Mines area of Jaisalmer, determined the price [...]
by PTI News | Feb 9, 2022 | 2:50 pm | Corporate Action, Economy, News
New Delhi, Feb 9 (PTI) GAIL (India) Ltd has pre-poned the supply of gas from the US and is looking to contract more LNG next year as it doubles down efforts to secure affordable energy supplies to meet the needs of Asia's third-largest economy, chairman Manoj Jain said. India's No.1 gas transporting and marketing firm [...]
by PTI News | Feb 9, 2022 | 2:46 pm | Commodities, News
MUMBAI, FEB 9 (PTI) OPENING RATES SILVER SPOT (IN RS PER KILO): 62463.00 STANDARD GOLD (99.5) : 48496.00 PURE GOLD (99.9) : 48691.00 CALCUTTA BULLION :- SILVER RDY.(BAR) : 61950.00 RS. PER KG.SILVER RDY.(PORTION) : 62050.00 RS. PER KG.GOLD (24 CARAT) RDY. : 49000.00 RS. PER 10 GMS.GOLD (22 CARAT) RDY. : 46500.00 RS. PER [...]
by PTI News | Feb 9, 2022 | 2:40 pm | News
New Delhi, Feb 9 (PTI) Larsen & Toubro (L&T) on Wednesday said that its construction arm has bagged a 'significant' order to construct hi-tech IT parks at eight locations across Bangladesh. This project is being funded by the Indian EXIM Bank and is the first IT and office space order that L&T has secured in [...]
by PTI News | Feb 9, 2022 | 2:30 pm | Foreign Exchange and Rupee Price, News
(Amount in ? crore, Rate in Per cent) VOLUME Weighted MONEY MARKET (ONE LEG) Average Rate Range A. Overnight Segment 5,60,649.73 3.38 0.01-3.60 I. Call Money 7,775.70 3.26 2.20-3.50 II. Triparty Repo 4,27,795.15 3.40 3.15-3.60 III. Market Repo 1,25,078.88 3.30 0.01-3.60 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 656.95 [...]
by PTI News | Feb 9, 2022 | 2:26 pm | Corporate Action, News
New Delhi, Feb 9 (PTI) Leading investor and issuer servicing platform KFin Technologies on Wednesday announced the acquisition of Hexagram Fintech, an IT product company specializing in fund accounting and reconciliation product development. Post this acquisition, Hexagram will become a wholly-owned subsidiary of KFin Technologies, according to a statement. The financial details of the transaction [...]
by PTI News | Feb 9, 2022 | 2:15 pm | Economy, News
Mumbai, Feb 9 (PTI) Housing finance companies are likely to witness a portfolio growth at 8-10 per cent in the current fiscal and 9-11 per cent in FY 2022-23, according to a report.After an impact on their disbursements in Q1 FY2022, non-banking financial companies-housing finance companies (NBFC-HFC) saw a sharp recovery in the second quarter. [...]
by PTI News | Feb 9, 2022 | 2:14 pm | Economy, News
New Delhi, Feb 9 (PTI) The government is open to 'some tinkering' in the varied rates and holding period for computation of capital gains tax on shares, debt and immovable property, in a bid to make it simple, Revenue Secretary Tarun Bajaj said on Wednesday. Under the Income Tax Act, gains from sale of capital [...]
by PTI News | Feb 9, 2022 | 2:02 pm | Commodities, News
New Delhi, Feb 9 (PTI) Refined soya oil prices on Wednesday fell Rs 6.4 to Rs 1,273 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market.On the National Commodity and Derivatives Exchange, refined soya oil for delivery in February declined by Rs 6.4, or 0.5 per cent, to [...]
by PTI News | Feb 9, 2022 | 1:59 pm | Commodities, News
New Delhi, Feb 9 (PTI) Guar seed prices on Wednesday rose by Rs 35 to Rs 6,174 per 10 quintal in futures trade after speculators increased their positions driven by a firm trend in spot market.On the National Commodity and Derivatives Exchange, guar seed for February contracts increased by Rs 35, or 0.57 per cent, [...]