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NSE co-location case: Delhi court dismisses bail pleas of Chitra Ramkrishna, Anand Subramanian

NSE co-location case: Delhi court dismisses bail pleas of Chitra Ramkrishna, Anand Subramanian

A Delhi court on Thursday dismissed the bail applications of the National Stock Exchange’s (NSE) former boss Chitra Ramkrishna and group operating officer Anand Subramanian in the co-location case. Denying the relief, Special Judge Sanjeev Aggarwal said there was no sufficient ground to grant them bail. The court reserved its order after hearing arguments from [...]

Crude oil futures decline on low demand

New Delhi, May 12 (PTI) Crude oil futures on Thursday dropped by 1.57 per cent to Rs 8,027 per barrel as participants trimmed their positions on low demand. On the Multi Commodity Exchange, crude oil for May delivery fell by Rs 128 or 1.57 per cent to Rs 8,027 per barrel with a business volume [...]

Philips Expands Manufacturing and Research and Development Facility in Pune, Maharashtra

Pune, Maharashtra, India – Business Wire India Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology today unveiled the conclusion of 7,200 sqm expansion in its factory in Chakan, Maharashtra. The state-of-the-art factory now houses a total floor space of 11,700 sqm. and supports the MR Radio Frequency Coil, Mobile Surgery Systems, [...]
We may consider preferential trade pact with Oman: Goyal

We may consider preferential trade pact with Oman: Goyal

India may consider negotiating a preferential trade agreement (PTA) with Oman to further boost economic ties between the countries, Commerce and Industry Minister Piyush Goyal said on Thursday. India is also under active discussions with Gulf Cooperation Council (GCC) for a comprehensive trade agreement, the minister said. GCC is a union of six countries in [...]
CBDT asks tax officers to not issue reassessment notices for 3 years till FY15

CBDT asks tax officers to not issue reassessment notices for 3 years till FY15

The Income Tax Department has asked field offices to not issue reassessment notices for 2012-13, 2013-14 and 2014-15 fiscal years to small taxpayers wherein the income escaping from tax is less than Rs 50 lakh. Issuing an instruction on implementation of the apex court judgement regarding notices sent beyond the three-year reassessment period, the department [...]
Humsafar to expand doorstep diesel services to 200 cities

Humsafar to expand doorstep diesel services to 200 cities

Doorstep diesel services startup Humsafar India on Thursday said it plans to expand its services to 200 more cities in the country during this fiscal year in a bid to capture higher market share in the segment. The company also said it is looking to venture into e-mobile vehicle charging stations business and is negotiating [...]
Demand environment robust; cos looking to accelerate digital transformation: Roshni Nadar

Demand environment robust; cos looking to accelerate digital transformation: Roshni Nadar

The demand environment for technology "continues to be robust" despite the challenges seen over the last two years, and global clients have a razor-sharp focus on accelerating digital transformation with efficiency, HCL Technologies Chairperson Roshni Nadar Malhotra said on Thursday. North Asia, Central America, Eastern Europe and Africa are newer geographies for the company, she [...]

MUM BULLION OPENING PRICES

MUMBAI, MAY 12 (PTI) MUMBAI BULLION OPENING RATES:- OPENING RATES SILVER SPOT (IN RS PER KILO) : 60460.00 STANDARD GOLD (99.5) : 51079.00 PURE GOLD (99.9) : 51284.00 ------------ PTI MUMSVC SVC

MUM PEPPER COPRA OPENING RATES

MUMBAI, MAY 12 (PTI) Mumbai :- PEPPER COPRA RATES :- BLACK PEPPER READY 560 / 620 GINGER BLEACHED -- GINGER UNBLEACHED 155 COPRA OFFICE ALAPUZHA 9200 COPRA OFFICE KOZIZODE 9000 COPRA RAJAPUR MUMBAI 17500 COPRA EDIBLE MUMBAI 13500 COCHIN COCONUT OIL ---- COCONUT OIL MUMBAI 1850 T.P ------------ PTI MUMSVC SVC