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Top headlines: IPO filing hits century, Grasim gets Rs 8,334 cr tax demand

Millennials becoming largest consumer group for hotels, the hurdles in Adani's green dreams, and other top headlines of the day

Top headlines: IPO filing hits century, Grasim gets Rs 8,334 cr tax demand
Updated On : 02 Oct 2021 | 7:35 AM IST

Gold price today at Rs 46,470 per 10 gm, silver selling at Rs 59,500 a kg

The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges

Gold price today at Rs 46,470 per 10 gm, silver selling at Rs 59,500 a kg
Updated On : 02 Oct 2021 | 6:46 AM IST
Best of BS Opinion: Elections and 'wallet economics', Jharkhand politics
Updated On : 02 Oct 2021 | 6:30 AM IST

UPI records 3.65 bn transactions worth Rs 6.54 trillion in September

On a month-on-month (MoM) basis, UPI's volume of transactions was up 3 per cent, and the value of transactions was up 2.35 per cent

UPI records 3.65 bn transactions worth Rs 6.54 trillion in September
Updated On : 02 Oct 2021 | 3:57 AM IST

High heels & chignons as economy indicators

Davis and his team also found that people were using fashion as a way to navigate through hard times

Image
Updated On : 02 Oct 2021 | 3:07 AM IST

Domestic, global telecom gear makers spar over new 'value addition' norms

Angry protests by domestic companies force telecom dept to put its formula, welcomed by foreign companies, on hold

Domestic, global telecom gear makers spar over new 'value addition' norms
Updated On : 02 Oct 2021 | 6:07 AM IST

Oyo files DRHP for $1.2 bn IPO; founder, key investors not diluting stake

In the DRHP, the firm says its app has been downloaded 100 million times and its major focus geographies are India, Malaysia, Indonesia and Europe

Oyo files DRHP for $1.2 bn IPO; founder, key investors not diluting stake
Updated On : 02 Oct 2021 | 2:10 AM IST

Reliance Industries extends deadline to complete Future group deal

The deal has been contested by Amazon, an investor in Future Coupons, which in turn is a shareholder in Future Retail

Reliance Industries extends deadline to complete Future group deal
Updated On : 02 Oct 2021 | 2:06 AM IST

Grasim Industries slapped with Rs 8,334-crore income tax demand

The Aditya Birla Group company said it would take "appropriate action" against the order

Grasim Industries slapped with Rs 8,334-crore income tax demand
Updated On : 02 Oct 2021 | 2:03 AM IST

The write stuff: Vir Sanghvi's memoir is an easy and entertaining read

Vir's special skill has been an ability to make complex issues easy to understand

The write stuff: Vir Sanghvi's memoir is an easy and entertaining read
Updated On : 02 Oct 2021 | 6:03 AM IST

Maruti Suzuki sales slide 46% in September due to chip shortage

For Maruti, sales of mini cars, comprising Alto and S-Presso, fell 45.18 per cent to 14,936 units against 27,246 units in the same month last year

Maruti Suzuki sales slide 46% in September due to chip shortage
Updated On : 02 Oct 2021 | 1:32 AM IST

Merck says it has first effective antiviral pill against Covid-19 pandemic

Drug cuts hospitalisation, deaths by 50%, shows an analysis of a late-stage trial

Merck says it has first effective antiviral pill against Covid-19 pandemic
Updated On : 02 Oct 2021 | 1:31 AM IST

Zee board rejects Invesco's demand to hold EGM to remove Punit Goenka

Bankers say the options before Invesco are to sell its shares to any other rival TV network company and let the incoming shareholder make a counter-offer to the Zee-Sony transaction

Zee board rejects Invesco's demand to hold EGM to remove Punit Goenka
Updated On : 02 Oct 2021 | 1:23 AM IST

Zoom, Five9 to terminate $14.7 bn all-stock deal after shareholder vote

Five9 said it would continue the partnership with Zoom that was in place prior to the announcement

Zoom, Five9 to terminate $14.7 bn all-stock deal after shareholder vote
Updated On : 02 Oct 2021 | 1:19 AM IST

Sri Lanka's central bank unveils six-month plan to stabilise economy

Governor Ajith Nivard Cabraal, while announcing a range of measures, also reiterated that the island nation would not seek any bailout from the International Monetary Fund

Sri Lanka's central bank unveils six-month plan to stabilise economy
Updated On : 02 Oct 2021 | 1:18 AM IST

Strangulated Delhi, now you want to come inside: SC to farmers' body

The counsel argued that the courts will examine the validity of the farm laws

Strangulated Delhi, now you want to come inside: SC to farmers' body
Updated On : 02 Oct 2021 | 1:13 AM IST

Sugar industry focus should be new tech: Food Secretary Sudhanshu Pandey

The Centre has decided to grant mills the entire quantity of sugar diverted in their monthly release quote

Sugar industry focus should be new tech: Food Secretary Sudhanshu Pandey
Updated On : 02 Oct 2021 | 1:09 AM IST

Punjab, Haryana farmers resent delay in start of paddy procurement

Centre says delay necessary as moisture content high due to excess Sep rains

Punjab, Haryana farmers resent delay in start of paddy procurement
Updated On : 02 Oct 2021 | 1:02 AM IST

Larger cement companies better placed despite higher valuations

Investors appear to have paid heed to the negative aspects in the recent past

Larger cement companies better placed despite higher valuations
Updated On : 02 Oct 2021 | 12:57 AM IST

Demand for fuel and power grows but at a slower pace in September

Sale of gasoil, which accounts for about two-fifths of India's refined fuel demand, by state retailers rose 0.79 per cent in September, preliminary government data showed

Demand for fuel and power grows but at a slower pace in September
Updated On : 02 Oct 2021 | 12:54 AM IST