Business

Confederation of All India Traders Secretary General Praveen Khandelwal said the frontal war against Amazon and Flipkart will begin from November 13 and continue till January 10, 2020.

This time, all Sitharaman has done is tweak an earlier proposal made in September this year, to now allowed projects that have not already defaulted on loans and have been completed by 60%, to also have access to the fund being created for helping the rea...

The rupee also depreciated 30 paise against the US dollar to trade at 71.27 in early session. The 30-share index was trading 102.30 points, or 0.25 per cent, lower at 40,551.44.

Forex traders said the decline in the domestic unit was largely in tandem with other Asian currencies after reports of delay in US-China trade deal.

According to sources, the meeting will take stock of various measures taken by the government to boost the sagging growth which hit a six-year low of 5 per cent in the first quarter of the current fiscal.

CloudWalker Streaming Technologies had filed a case against Flipkart under Section 9 of the IBC before the National Company Law Tribunal, Bengaluru over non-payment of dues.

There was a delay in sowing of kharif onion because of late arrival of monsoon and later floods in many states damaged the crop, he said.

The company had posted a profit of Rs 266 crore in the year-ago quarter and Rs 303 crore in the quarter ended June 2019.

The company's stock dropped 13.18 per cent to Rs 10.40 on the BSE. On the NSE, it plunged 14.16 per cent to Rs 10.30.

Announcing the opening of first cohort under the RS with retail payments as its theme, the RBI said the window for submission of applications will be be open from November 15 to December 15, 2019.

Zee Entertainment Enterprises Ltd shares declined nearly 6% after VTB Capital said it has begun a process to sell the pledged staked of 10.71% in the company to recover loan dues.

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The RBI informed that 26 PSBs of the country either closed or merged 90 branches during 2014-15, 126 in 2015-16, 253 in 2016-17, 2,083 in 2017-18 and 875 during 2018-19.

At its annual general meeting (AGM) on September 28, the company's shareholders had approved a proposal to sell its London property to promoters for 200 million pounds.

Estimates for another key producing country, Thailand, were unchanged from August at 13.2 million tonnes, which is a lower production than seen in the previous season (14.9 million tonnes).

Founded in 2011 by Sandeep Aggarwal, ShopClues is popular in Tier 2, 3 and 4 cities in India. He stepped down as CEO in 2015 after being charged with insider trading in the US.