Section: Business

South Korea Court Rejects Arrest Warrant For Samsung Heir

Published on By prameya news7 (author)

A Seoul court on Thursday refused to issue an arrest warrant for Samsung heir Lee Jae-Yong, who had been wanted over his alleged role in a corruption scandal engulfing President Park Geun-Hye.

China to curb foreign investment by state-owned firms

Published on By prameya news7 (author)

China said it will ban or closely monitor overseas investments by state-owned firms in certain sectors, the latest move in a government fight to stem capital flight and what it has called "irrational" spending abroad.

Reliance Jio Happy New Year Offer: Idea Challenges TRAI Permission for Promo Extension

Published on By prameya news7 (author)

After Airtel, Idea Cellular has approached the telecom dispute tribunal TDSAT against regulator TRAI for allowing Mukesh Ambani-led Reliance Jio to continue free promotional offer beyond the stipulated 90 days.

Rupee sinks further by 17 paise in early trade

Published on By prameya news7 (author)

Piling on yesterday’s loss, the rupee plunged by another 17 paise to 68.25 against the US dollar in early trade today on increased demand for the American currency from importers.

Silver futures plunge Rs 517/kg on weak global cues

Published on By prameya news7 (author)

Taking cues from overseas markets, silver prices tumbled by Rs 517 to Rs 41,480 per kg in futures trading today as participants cut down their bets.

Aadhaar-based payments system likely by January-end: How it will work

Published on By prameya news7 (author)

After the big-bang launch of the government’s BHIM App (Bharat Interface for Money), Prime Minister Narendra Modi is likely to launch Aadhaar Pay by the end of this month or early next month.

Brace for a call from I-T if you deposited over Rs 10 lakh after 8 Nov

Published on By prameya news7 (author)

If you have deposited more than Rs 10 lakh in your bank account ever since November 8 , 2016, when the Modi government demonetised old Rs 500 and Rs 1,000 notes, brace yourself for a call from the taxman.

Interim relief for Tata Sons as NCLT rejects Cyrus Mistrys' contempt plea

Published on By prameya news7 (author)

The National Company Law Tribunal (NCLT) on Wednesday dismissed a contempt petition filed by two Cyrus Mistry family companies against Tata Sons and its directors, alleging violation of NCLT directives in taking steps to remove him from the board of Tata Sons.

Listing of PSU general insurers may boost profit, improve solvency

Published on By prameya news7 (author)

The cabinet’s decision on Wednesday to allow state-run general insurers to list on stock exchanges is a much-needed shot in the arm for the firms scrambling to cover losses and improve solvency margins.

Gold, silver extend gains on global cues, jewellers' buying

Published on By prameya news7 (author)

Rising for the third straight day, price of gold surged by Rs 180 to 29,350 per 10 gram at the bullion market today in line with a firming trend overseas and increased buying by jewellers in domestic spot market.