Business

he fund infusion comes as Zomato pushes for a bigger market share in the highly competitive Indian food delivery space in a race with rivals such as Tencent-backed Swiggy and Uber's UberEats.

The meeting will also be attended by Niti Aayog Vice Chairman Rajiv Kumar, CEO Amitabh Kant and other senior officials of the think tank.

The apex court website on Tuesday showed the plea is to be listed before a three-judge bench comprising Chief Justice S A Bobde and Justices B R Gavai and Surya Kant.

For the period January to November 2019, tea exports stood at 227.71 million kg as compared to 231.36 million kg during the same period in 2018.

ONGC signed contracts for the seven blocks at an event where Oil Minister Dharmendra Pradhan and other ministry officials were also present.

At 3:01 pm on Thursday, Tata Motors shares were trading 4.6% higher at Rs 193 after hitting the day’s high of Rs 194.70. The stock has rallied over 20% in the last one month itself.

Traders said rise in crude oil prices weighed on the domestic unit, while sustained positive opening in domestic equities supported the rupee and restricted the fall.

After a meeting with bankers last Saturday, Finance Minister Nirmala Sitharaman had asked them not to charge MDR on payments via RuPay, UPI from January 1 with a view to driving digital payments.

However, the net NPA ratio of non-banking financial companies (NBFCs) remained steady at 3.4 per cent between end-March 2019 and end-September 2019, RBI's Financial Stability Report showed.

Indian Railway Finance Corporation (IRFC) on Friday raised Rs 1,580 crore by issuing bonds on private placement basis using on BSE's BOND platform. This included greenshoe option of Rs 790 crore.

While the government is keen to sell off the loss-making state-owned carrier Air India, attempts to showcase it as an attractive proposition to buyers have not been successful.

Forex traders positive opening in domestic equities supported the rupee, while steady rise in crude oil prices and foreign fund outflows weighed on the local unit.

The 30-share BSE index was trading 161.85 points or 0.39 per cent higher at 41,325.61, and the broader NSE Nifty rose 57.70 points or 0.48 per cent to 12,184.25.

With money coming from resolution on Essar Steel and expected flow from resolution of Bhushan Power and Steel and Alok Industries, sources said the bank is likely to be posting profit during the third quarter and subsequent quarter.

The tie-up allows eligible cardholders across six major Indian banks to register their flights in advance to receive an instantly redeemable voucher for access to their nearest available airport lounge if they are delayed by two hours or more.

RIL currently has about 1,400 operating petrol pumps and some 30-odd aviation fuel stations at airports. These will be taken over by the RIL-BP joint venture and grown in future.