Business

Gold prices surged by Rs 425 to Rs 33,215 per 10 gram in the national capital Monday due to increased buying by jewellers amid firm trend overseas, according to the All India Sarafa Association. Silver too rose by Rs 170 to Rs 38,670 per kg on increased offtake by industrial units and coin makers. Traders said, positive trend overseas and ...

State Bank of India (SBI) Monday invited bids for stake sale in ailing Jet Airways. SBI, which is the lead lender of a consortium of domestic lenders that has extended loans to Jet Airways, is looking for “change in control and management” of the carrier, according to a public notice. SBI Capital Markets would be assisting and advising the lenders ...

The Income Tax department has notified I-T return forms for individuals and companies for the assessment year 2019-20. While there has been no change in ITR-1 or Sahaj, which is to be filled by the salaried class, some sections in ITR 2, 3, 5, 6 and 7 have been rationalised. Individuals, firms and companies have to file returns for the ...

Total Gross GST revenue collected in the month of March, 2019 is Rs. 1,06,577 crore of which CGST is Rs. 20,353 crore, SGST is Rs.27,520 crore, IGST is Rs.50,418 crore (including Rs. 23,521crore collected on imports) and Cess is Rs. 8,286 crore (including Rs. 891crore collected on imports). The total number of GSTR 3B Returns filed for the month of ...

Shares of Jet Airways continued its upward journey Wednesday rising nearly 6 per cent, after the company set an ‘ambitious’ target of flying 40 additional aircraft by the end of April. The stock jumped 5.79 per cent to Rs 286.70 on the BSE. On the National Stock Exchange (NSE), shares zoomed 5.94 per cent to Rs 287 apiece. In the ...

The benchmark BSE Sensex plunged over 325 points and slipped below the 38,000-mark in early trade Monday, in tandem with weak global cues and depreciating rupee. The 30-share index, which had lost 222.14 points on Friday, was trading lower by 325.49 points, or 0.85 per cent, at 37,845.24. Reflecting the bearish mood, all the sectoral indices, led by realty, metal ...

The umbrella body of domestic pilots of crisis-hit Jet Airways Tuesday threatened to stop flying from April 1 unless there is clarity on the resolution process and salary dues by end of this month. As problems mount at the airline, the National Aviator’s Guild (NAG) also expressed hope that a resolution plan would be reached by month-end. The guild, which ...

South Korean automobile major Hyundai Motor group Tuesday said it is investing USD 300 million in ride hailing service provider Ola, identifying India as the centrepiece in its strategy to gain leadership in global mobility market. The investment will be jointly made by group firms — Hyundai Motor Company and Kia Motors Corporation — and under a tripartite agreement with ...

Following the Supreme Court order, before the deadline, Anil Ambani’s company Reliance Communications (RCOM) has paid Ericsson’s outstanding balance. News Agency PTI quoted sources as saying that RCOM has paid the outstanding amount of Rs 458.77 crore to Ericsson. Earlier, while deciding on the plea of ​​Reliance Communications (RCom), the NCLAT had refused to give any direction to the State ...

It was at the end of last year that Elon Musk told the world that India is on the company’s radar for introducing models from the Tesla brand. In fact, the company even slated India to be one of the countries where the Model 3 would be available for booking. Sadly though, Tesla has not yet come to India. It ...