Business

The defaulters, Amit Upadhyay (40) and Asad Anwar Sayed (42), were sent in judicial custody for 15 days by a local court, a GST official said in Mumbai.

The CCI has gained importance in recent years with all major deals requiring its approval, while it has also been keeping a close vigil for any attempts at cartelisation or other unfair trade practices in various sectors, including real estate, automotive...

Trump has denied having an affair with Daniels or knowing anything about that payment but his new lawyer Rudy Giuliani has acknowledged the US president had in fact reimbursed Cohen for the payoff.

The urbane Vittorio Colao will be replaced by Nick Read, finance director since 2014 and long seen as his successor due to his previous roles running Vodafone's operations around the world.

While Thyssenkrupp confirmed its full-year profit guidance at a group level, the cut in capital goods - which includes elevators, car parts and the struggling industrial solutions unit - is a setback for boss Heinrich Hiesinger.

The 30-share Sensex was trading higher at 35,993.53, showing a gain of 436.82 points, or 1.22 per cent.

The United Forum of Bank Unions (UFBU) proposed the strike beginning 6 a.m. on May 30, till 6 a.m. on June 1, demanding early revision of wages. The wage revision has been due since November 1, 2017.

Chanda Kochhar is facing allegations of conflict of interest and a lack of disclosures. The bank board did not discuss the issue at its meeting on Monday, despite the controversy that Kochhar is engulfed in.

The Swadeshi Jagran Manch claimed that Walmart is using e-commerce route to circumvent existing rules which bar foreign companies in multi-brand retail.

Economic Affairs Secretary Subhash Chandra Garg said that the Asian Development Bank (ADB) should factor in the number of poor people in a country while deciding resource allocation.

The Committee of Creditors (CoC) had on Wednesday met representatives of ArcelorMittal and Numetal which are in the race to acquire the stressed asset regarding their eligibility.

The major take away from the decision is access to net connectivity and Internet access which can be provided once the aircraft is ready for take-off.

Tech shares zoomed after the country's largest software exporter TCS on Thursday reported a 4.4 per cent growth in its consolidated net profit at Rs 6,904 crore for the March 2018 quarter and guided towards a better show in fiscal 2019.

On NSE, TCS shares surged 6.54 per cent to its one-year high of Rs 3,399.90. The company's quarterly results were announced post market hours on Thursday.

In a regulatory filing on the BSE, the IT major said net profit for Q4 at Rs 6,925 crore was up 4.6 percent from Rs 6,622 crore in the same period year ago and up 5.8 percent sequentially from Rs 6,545 crore quarter ago.

A special bench headed by Chief Justice Dipak Misra made it clear that if the Sahara Group fails to sell its property by May 15, the Bombay High Court's official liquidator will proceed with the proposed auctioning process to sell the property.