This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.
The Delhi government has decided to set up a 'single window system' in the services department for framing and amending recruitment rules.
The regulations for grievance handling procedure under the Insolvency and Bankruptcy Code have been notified, wherein the filing fee will be refunded to the stakeholder in case the complaint is found to be not "frivolous or malicious".
While the country has achieved remarkable success in recent times in improving the global ranking in the 'Ease of Doing Business', the digital industry has some specific concerns that need to be addressed to ensure the Indian digital sector reaches its full potential, the report added.
The two Boeing 777-300 ER aircraft are to be delivered in January 2018 and the cost for "modification in its (planes) interior configuration" is estimated to be USD 180 million. At current exchange rates, the amount will translate to over Rs 1,160 crore.
Bihar Chief Minister and JD(U) president Nitish Kumar on Sunday pitched for a nationwide ban on alcohol, and asked party activists to raise awareness among people about the ill effects of liquor consumption.
After an average wage revision of 20 percent for around 2.98 lakh permanent employees of Coal India Ltd, trade unions are now readying to pitch for a similar wage agreement for contractual workers of the miner.
The Haridwar-based firm is investing around Rs 100 crore in its Greater Noida facility, and the plant would be inaugurated next month.
The auction of up to 54 percent of Sabeco, in what is set to be Vietnam's biggest privatisation, offers brewers access to a fast-growing market with a youthful population and beer drinking culture.
In August this year, McDonald's had terminated franchise agreement for 169 out of its 430 fast food outlets operated by Bakshi-led Connaught Plaza Restaurant Ltd (CPRL) in the north and east India, alleging breach of contract terms and payment default by the operator.
Right privatisation process should be chosen for Air India to make it more competitive, IATA chief Alexandre de Juniac said as he asserted that there is no need for the government to own stake in the carrier.
From just one dairy farm 25 years ago, CMD Devendra Shah’s company has a diversified dairy products portfolio today.
The Infosys' move to settle with Securities and Exchange Board of India (SEBI) the alleged disclosure lapses involving a severance pact is "perfectly fine", the company's former chief financial officer, T V Mohandas Pai, said today.
While some market participants are excited about a regulated way to bet on or hedge against moves in bitcoin, others caution that risks remain for investors and possibly even the clearing organizations underpinning the trades.
The outflow comes following an eight-month high inflow of Rs 19,728 crore in November, mainly due to the government's plan to recapitalise PSU banks and surge in India's ranking in the World Bank's ease of doing business.
The United States and South Korea conducted large-scale military drills last week, which the North said made the outbreak of war "an established fact".
The fear is that sudden spurt of numerous schemes offering investment in virtual currencies is reminiscent of the plantation scams of the 1990s in India and the eponymous 'ponzi' scheme of 1920s in the US, the official said.
The airline apologised to Wasim for the incident and said it was carrying out a probe into it, while asserting that it has "zero tolerance" for such behaviour.
The Telecom Commission in its September meeting had in- principle approved extension of the time period for the payment of spectrum bought in auctions by telcos to 16 years.
The market could take a pause in the coming week ahead of the US Federal Reserve meet and other macro data such as CPI inflation and factory data which are due to be announced.
The issue was raised by an NGO, which claimed that there was a high percentage of delay over payment made from the time when fund transfer order was made till the time the payment was actually received..
Kunal Saraogi, Chief Executive Officer of Equityrush.com, expects a strong close to the year for the markets.
The company, which expects to sell over 25,000 units this year, currently has a production capacity of 50,000 units per annum at its Ludhiana plant.
Investors should not read too much into headline PE multiples without further evaluating differentials beyond headline earnings growth.
Thyssenkrupp hopes to reach a final deal with Tata Steel in early 2018.