BUSINESS
Indiabulls Housing sells more stake in OakNorth Holdings for Rs 64 Cr
The sale proceeds will be accretive to the regulatory net worth and the CRAR of the company, Indiabulls Housing said in a regulatory filing.
Trivago loses appeal for misleading consumers
The court said the company had breached the Australian Consumer Law by making misleading representations about hotel room rates on its website and television advertising.
Sensex turns positive after negative opening
The Sensex of the BSE opened at 40,171.71 and touched a high of 40,477.55 and then a low of 40,107.96. The Sensex is trading at 40,445.97 up by 184.84 points or 0.46 per cent from its Tuesday's close at 40,261.13.
UK judge rules in India's favour another setback for Nirav Modi
Tuesday's hearing was an additional hearing scheduled to rule on the admissibility of evidence presented before the Westminster Magistrates Court. Modi was remanded in custody till December 1.
Alibaba reveals “fast rhino”
In a bid to reinvent and necessarily, efficiently innovate factories around China, Alibaba is all set to transform the country's outdated factories. It had been conducting a secret experiment on the outskirts of its hometown of Hangzhou.
70% households paid more for tomatoes, potatoes & onions in 2020
LocalCircles conducted a survey to understand how much extra people have been spending to purchase per kilogram of onions, potatoes and tomatoes as consumers show discernment over the rising prices of these vegetables over the last two months.
Diesel completes a month without revision in retail prices
The auto fuel prices were revised downwards to current levels exactly a month back on October 2. But since then, oil marketing companies have not changed its price suggesting stability in the oil market.
Yes Bank to sell 32,344 crore NPA portfolio
Sources informed that Yes Bank's offer to ARCs will be to recover at least 15 per cent amount i.e. Rs 5,000 crore upfront. The balance 10 per cent amount i.e. Rs 3,000 crore may be potential recovery by way of deferred payments.
Privatisation-bound BPCL postpones key expansion projects
Privatisation-bound PSU refiner, Bharat Petroleum Corporation Ltd. (BPCL) has delayed expansion plans for its refinery projects, pending its share sell-off programme that will see government completely exiting from the company and handing over its management to a strategic investor.
Global smartphone market recovers in Q3
The recovery in Q3, compared to Q2, was driven by all key markets, like the US, India and Latin America, returning slowly to normal due to eased lockdown conditions.
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