Business

May 23, 2020 7:47 AM

DHFL promoters Kapil, Dheeraj Wadhawan custody extended till 27th May

The custody of DHFL promoters Kapil and Dheeraj Wadhawan arrested in connection with a money laundering case was extended till 27th of this month. A Special Court in Mumbai yesterday sent the duo to Enforcement Directorate -ED custody after the ED sought custody of the accused stating that the two w...

May 22, 2020 2:11 PM

NTPC, ONGC to set up joint venture company for Renewable Energy business

National Thermal Power Corporation, NTPC and Oil and Natural Gas Corporation Limited, ONGC, have signed a Memorandum of Understanding, MoU to set up a joint venture company for Renewable Energy business. The MoU will enable both companies to accelerate their footprint in renewable energy sector and ...

May 22, 2020 1:23 PM

ASSOCHAM, CII, FICCI welcome RBI's decision of rate cut

Industry Body ASSOCHAM, CII and FICCI have welcomed the RBI's decision of rate cut. In a statement, ASSOCHAM Secretary General Deepak Sood said that the RBI has been doing a lot of heavy lifting and making great efforts to infuse liquidity into the economy that has suffered an unprecedented...

May 21, 2020 5:48 PM

Rupee appreciates 19 paise to 75.61 against US dollar

The rupee today appreciated 19 paise to close at 75 rupees and 61 paise against the US dollar tracking positive trend in domestic markets. Forex traders said, the rupee witnessed high volatility during the trading session as positive domestic equities supported the local unit, while sustained foreig...

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