Business news highlights at 1920 hours today

Business news highlights at 1920 hours today
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Highlights

Ousted Tata Sons Chairman Cyrus Mistry was today removed as director of the company with shareholders voting in favour of his removal with \"requisite majority\". 

Mumbai: Ousted Tata Sons Chairman Cyrus Mistry was today removed as director of the company with shareholders voting in favour of his removal with "requisite majority".

(DEL 17) New Delhi: Providing clarity on scrutiny of deposits made in banks post demonetisation, I-T department today said no questions will be asked about deposits of up to Rs 2.5 lakh and only those accounts will be probed that do not match the tax returns.

(DEL 10) Mumbai: The rupee continued to outshine against the beleaguered US dollar and ended at a nearly 3-month high of 67.22, appreciating by 9 paise on sustained unwinding of American currency by exporters and corporates ahead of the RBI policy.

(DEL 30) Mumbai: The Budget-induced optimism got a leg to stand on as the Sensex today pushed higher for the fourth day by scoring 199 points to close at 28,439 -- a 4-month high -- after hopes built up that RBI may lower rate at its policy meet on Wednesday.

(DEL 20) New Delhi: Stepping up its fight against Reliance Jio, Bharti Airtel has moved fair trade regulator CCI against the newcomer alleging that it is indulging in "predatory pricing" with free services to eliminate competition in the telecom market.

(DCM 92) New Delhi: Markets regulator Sebi has sought clarification on the proposed Rs 10,000 crore initial public offering of top bourse National Stock Exchange (NSE).

(DCM 88) New Delhi: To improve disclosure standards and help shareholders make informed decision, markets regulator Sebi today asked top 500 listed companies to voluntarily adopt integrated reporting framework from next financial year.

(DCM 85) New Delhi: The Finance Ministry has granted Rs 10,000 crore to Fertiliser Ministry under special banking arrangement to provide loan to cash-starved fertiliser companies at reasonable rates.

(DCM 78) New Delhi: The government today said there would be no extension of protectionist minimum import price (MIP) on 19 colour-coated steel products.

(DCM 74) New Delhi: The government has not taken a final decision yet on the concessions being sought by US iPhone maker Apple for setting up a manufacturing unit in India, a top official said today.

(DCM 70) New Delhi: Telecom tribunal TDSAT today asked TRAI to clarify whether newcomer Reliance Jio had informed the regulator as well subscribers about its two free offers -- Welcome Offer and Happy New Offer -- being "distinct" from one another.

(DCM 64) New Delhi: Inter-ministerial panel Telecom Commission today sought clarity from Trai on Rs 3,050-crore penalty that the watchdog recommended on three operators, including Airtel and Vodafone, for allegedly violating interconnect norms and its power to impose fine in such cases.

(DCM 62) New Delhi: Power Ministry has so far achieved the milestone of electrifying over 12,000 villages out of 18,452 unelectrified villages.

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