Category: Business

Business

JPC on Corporate Laws (Amendment) Bill calls for views on bill from stakeholders

June 9, 2026 admin

The Joint Committee examining the Corporate Laws (Amendment) Bill, 2026 informed Tuesday that it is calling for views, suggestions on specific clauses of the Bill from experts and industry stakeholders, among others. The committee headed by member of the Lok Sabha, Sudheer Gupta, would be soliciting comments until June 22. The proposed legislation, which seeks…

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Parliamentary panel seeks views on bill to tweak corporate laws

June 9, 2026 admin

The Joint Committee on Corporate Law (Amendment) Bill, 2026 on Tuesday (June 9, 2026) invited views and suggestions on it from various stakeholders and experts. The Committee headed by BJP MP Sudheer Gupta is examining the Corporate Laws (Amendment) Bill, 2026. The parliamentary panel has sought views on the specific clauses of the Bill from…

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SAIL, NMDC explore Russian coking coal assets, nickel supplies

June 9, 2026 admin

Nickel is critical to India’s electric vehicle supply chain, especially ‌for batteries. New Delhi aims for electric vehicles to account for 30% of cars and 80% of two-wheelers by 2030, up from about 6% and 9% now. File | Photo Credit: Getty Images/iStockphoto “State-owned Steel Authority of India (SAIL) and National Mineral Development Corporation (NMDC)…

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Govt publishes rules for Coal Exchange

June 9, 2026 admin

Image for representational purposes only. | Photo Credit: The Hindu Paving the way for establishing coal exchanges in the country, the government on Tuesday (June 9, 2026) published the Coal Exchange Rules (2026) – formally putting down rules and eligibility criteria for operating and instituting the exchange. Prominently among them are statutory regulations about payment…

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Zepto founders received ED summons under FEMA, says updated IPO document

June 9, 2026 admin

Zepto on June 8, 2026, filed updated draft papers with the markets regulator SEBI to raise ₹8,010 crore through a fresh issue of shares as part of its proposed Initial Public Offering (IPO). File | Photo Credit: Reuters Zepto co-founders Aadit Palicha and Kaivalya Vohra received summons from the Enforcement Directorate (ED) in April this year,…

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Sensex, Nifty rebound in early trade tracking recovery in global markets

June 9, 2026 admin

Trent, ICICI Bank, InterGlobe Aviation, Axis Bank, Mahindra & Mahindra and Bajaj Finserv were among the major Sensex winners. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty rebounded in early trade on Tuesday (June 9, 2026) in tandem with a recovery in global equity markets and easing of hostilities between Israel and Iran….

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Rupee rises 20 paise to 95.41 against U.S. dollar in early trade

June 9, 2026 admin

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee rose 20 paise to 95.41 against the U.S. dollar in early trade on Tuesday (June 9, 2026) as Brent crude oil prices and the U.S. dollar index retreated from their elevated levels after a pause in U.S.-Iran hostilities. Forex traders said the rupee…

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Fitch cuts FY27 growth projection to 6.4%; U.S.-Iran war to slow down economy

June 9, 2026 admin

Image used for representation purpose only. | Photo Credit: Reuters Fitch Ratings on Tuesday (June 9, 2026) lowered its GDP growth projections for the current fiscal to 6.4% from the earlier estimate of 6.7%, saying that the U.S.-Iran war will slow down the economy in the September and December quarters. Fitch said it expects a…

Business