Sebi relaxes group exposure limit for MFs
A circular about the 10 per cent limit was issued by Sebi on October 1, 2019.
Modi govt marks survey to set up six airports in Telangana
The Centre has now marked an aeronautical survey for setting up new green-field ai...
Diamond industry’s torrid year set to continue
The diamond midstream, the industry’s link between African mines and jewelry stores in New Yor...
CDC Group makes $36 million equity investment in Ecom Express
Warburg Pincus-backed Ecom Express is a tech-enabled Indian logistics company.
RIL, ADNOC in pact to explore setting up Ethylene Dichloride JV
"Under the terms of the agreement, ADNOC and RIL will evaluate the potential creation of a facility that manufactures ethylene dichloride or EDC adjacent to ADNOC's integrated refining and petrochemical site in Ruwais, Abu Dhabi and strengthen the companies' existing relationship supporting future collaboration in petrochemicals," the companies said in a statement.
TikTok owner has a new music app for India - Resso
Record companies credit TikTok with minting a new generation of music stars, including Lil Nas X, the singer of “Old Town Road.” As it has attracted hundreds of millions of users with their music, however, those companies are now demanding ByteDance increase the licensing fees it pays.
Kim Woo-choong, founder of Daewoo business group, dies
Born in 1936, when a single Korea was under Japan's 35-year colonial rule, Kim started as a textile salesman and built Daewoo Corp. in 1967. The company later grew into South Korea's second-largest business empire, producing everything from cars, ships, TV sets, refrigerators and other electronics to clothes.
Mobilising workforce a challenge as developers set to resume construction work
The commercial real estate industry in Delhi and National Capital Region (NCR) was facing a loss of about Rs 1 crore a day owing to the Supreme Court mandated construction ban in the wake of the hazardous increase in air pollution.
House Judiciary hearing sets stage for Trump impeachment
The House Judiciary Committee convened to formally receive the investigative findings against President Donald Trump as Democrats pushed tow...
Duggal may be chairman of Shriram Group Companies, again
Shriram Capital is the holding company for the financial services and insurance entities of the Shriram Group.
Software Technology Parks of India sets up CoE for automotive technologies in Pune
The newly opened Centre of Excellence (CoE) will collaborate for virtual simulation in upcoming technology areas to improve performance, reliability and create an ecosystem to encourage R&D and entrepreneurship in the ACES mobility space in India. STPI intends to set up 21 such CoEs across India and this is the fifth such centre. STPI is set up by MeitY in 1991.
Govt duty-bound to set up trust within 3 months to construct Ram temple in Ayodhya
The Centre is duty-bound to set up a new trust for the development of Ayodhya and construction of a Ram temple within three months as per the directive of the Supreme Court, Union Minister of State for Home G Kishan Reddy said.
Oil import bill set to swell on bullish bets
Total cuts through March 2020 would be 1.7 mbpd, Opec said on Friday.
National Policy on Statistics set to be unveiled soon
The credibility of India’s official stats is under strain following alleged shelving of unfavourable data.
Indian banks back in UK court over Vijay Mallya's non-payment of debt
Besides SBI, the 13 Indian banks include Bank of Baroda, Corporation bank, Federal Bank Ltd, IDBI Bank, Indian Overseas Bank, Jammu & Kashmir Bank, Punjab & Sind Bank, Punjab National Bank, State Bank of Mysore, UCO Bank, United Bank of India and JM Financial Asset Reconstruction Co. Pvt Ltd.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service