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London-based Hinduja group is looking to partner with private equity firm Cerberus Capital to buy a stake in Yes Bank Ltd, two people aware of the discussions said.

A review of the calculation of the amount owed by telecommunication companies (telcos) and allowing them to pay in instalments are two of the ways the government

The Indian rupee declined by 26 paise to 71.80 against the US dollar in opening trade on Thursday amid muted opening in domestic equities and rising crude oil prices.

BSE benchmark Sensex surged over 408 points in early trade in line with Asian peers as global investors weigh China’s measures to prop up the coronavirus-hit economy.

The Centre is targeting the resolution of all 483,000 income tax-related legacy disputes worth Rs 9.32 lakh crore that are pending in various tribunals, and expects to unlock about 50% of the amount through its proposed one-time amnesty scheme Vivad se Vishwas (no dispute but trust), two officials said on Saturday.

The country’s construction, auto, chemicals and pharma sectors are expected to be the worst affected due to COVID-19, which carries the risk of global supply chain disruptions.

Market benchmark Sensex dropped over 150 points in opening session on Thursday dragged by losses in Reliance Industries, HDFC Bank and Infosys ahead of January derivatives’ expiry.

Market benchmark Sensex jumped over 200 points in opening session on Wednesday led by gains in metal, auto, IT and energy stocks amid recovery in global equities.

Market benchmark Sensex jumped over 150 points in opening session on Tuesday driven by gains in index-heavyweight HDFC following strong quarterly results.

India’s Prime Minister Narendra Modi has taken a keen interest in the preparation of the government’s upcoming budget to help spur growth in Asia’s third-largest economy.

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