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DGFT notifies export-only inventory rules for foreign-funded e-commerce firms

New Delhi, Aug. 5 -- The Directorate General of Foreign Trade (DGFT) has notified procedures for foreign-funded e-commerce companies to undertake inventory-based operations allowing them to hold stock... Read More


Cabinet Secretary Somanathan, Home Secretary Mohan get one-year extension

New Delhi, Aug. 5 -- The government on Wednesday extended the tenure of Cabinet Secretary TV Somanathan and Home Secretary Govind Mohan for one year. "The Appointments Committee of the Cabinet has ap... Read More


BSE net profit up 62 per cent in Q1

New Delhi, Aug. 4 -- BSE, the country's oldest stock exchange, reported that its net profit in the June quarter was up 62 per cent at Rs.873 crore against Rs.538 crore logged in the same period last y... Read More


Govt auctions six blocks in 15th round of commercial coal auctions

New Delhi, Aug. 4 -- The Coal Ministry said on Tuesday that it has auctioned six coal blocks under the 15th round as well as the second attempt of 13th round of commercial coal mine auctions. The Min... Read More


Jindal Stainless net up 6 pc in Q1 on better realisation

New Delhi, Aug. 3 -- Jindal Stainless reported that its net profit in the June quarter was up 6 per cent at Rs.769 crore against Rs.715 crore logged in the same period last year, on the back of higher... Read More


India, Uzbekistan target doubling bilateral trade in three years

New Delhi, Aug. 3 -- India and Uzbekistan have set ambitious targets to sharply expand bilateral trade and investment, with New Delhi proposing to double two-way trade over the next three years, from ... Read More


Sun Pharma on track to complete Organon transaction by Q4, says management

New Delhi, July 31 -- Sun Pharmaceutical Industries Ltd expects to complete its $11.75 billion acquisition of US-based Organon in the fourth quarter of financial year 2027, top management with the dru... Read More


Hotel Leela's Q1 net profit grows five fold to Rs.48 crore

New Delhi, July 31 -- Leela Places Hotels & Resorts saw near five fold growth in consolidated net profit in first quarter FY 27 on the back of higher revenue and lower finance cost. Net profit fo... Read More


Govt approves National Offshore Exploration Scheme

New Delhi, July 31 -- New Delhi, July 31: The Cabinet on Friday approved Pil Ministry's proposed 'Samudra Manthan' - the National Offshore Exploration Scheme, with an outlay of Rs.84,084 crore for imp... Read More


BGR Energy Systems nears debt resolution

New Delhi, July 31 -- The National Company Law Appellate Tribunal extended an order under which the insolvency admission against BGR Energy Systems remains inoperative, allowing the engineering servic... Read More