Business

Technology firms have been concerned that the government's drive to step up measures to boost local data storage will increase investment costs.

Bajaj Finance Ltd shares rose as much as 2.9% after the board of the company approved raising up to Rs 8,500 crore via a qualified institutional placement (QIP) offering.

Bharat Bill Payment System is provided to customers through a network of agents, enabling multiple payment modes, including cash, and an instant confirmation of payment is provided after the transaction.

The fall is being attributed to the September 14 attack on two Saudi Aramco plants at the heart of the kingdom's oil industry, including the world's biggest petroleum processing facility.

The final call on the stake sale will be taken after the Indus-Bharti merger, which awaits DoT’s nod due in September.

Prabhat Dairy announced that it intended to acquire about 48 million equity shares, or 49.9% stake in the company, from the shareholders at a floor price of Rs 63.77 apiece, which is 20% lower than the stock’s last closing price.

The measures, which are under consideration, include provision of adequate time for STC to repay bank loans and sale of immovable assets.

According to a report in BusinessLine, the GST Council on September 20 will consider a proposal to exempt small businesses from filing annual return for not just 2017-18, but 2018-19 as well.

JM Financial has acquired 4,916,104 CCDs (convertible into 49,161,040 equity shares as per the terms of issue) for cash aggregating to Rs 183.37 crore of JM Financial Asset Reconstruction Company Ltd.

Tata Motors, Maruti, Tata Steel, Vedanta, Bajaj Auto, IndusInd Bank, SBI, Hero MotoCorp, M&M, Asian Paints, Axis Bank, RIL and L&T too jumped up to 10.21 per cent.

The Videocon group along with its with 15 operating companies, owes over Rs 90,000 crore to lenders and is among the 40 largest defaulters identified by the Reserve Bank in its first list for insolvency in late 2016.

Flipkart already has a large supply chain network, currently delivering over one million shipments everyday across almost all pincodes in the country.

At 11:26 am, shares of Equitas Holdings were trading at Rs 106.50, down 8.2%, after hitting an intra-day low of Rs 102.15. The stock has corrected over 22% in the past one year.

Data shows that State Bank of India started seeking LoC from the Bureau of Immigration from April this year.

Take a look at the top 10 most expensive residential locations in Indian cities.

The benchmark S&P BSE Sensex fell 0.9% during the week ended September 6 to close at 36,981.77, while the Nifty 50 index lost 0.7% to settle at 10,946.20.