NEW DELHI: Essar Energy Transition’s retail arm has agreed to acquire independent UK forecourt operator SGN Retail in a deal estimated at about 400 million pounds ($540 million or Rs 5,166 crore), adding 118 sites to its network and creating a 235-site estate as it seeks to build a vertically integrated fuel business in Britain.EET…
UPI payments. (Representative image) Government on Monday notified that banks and payment system providers cannot impose direct or indirect charges on Unified Payments Interface (UPI) transactions of up to Rs 2,000 or payments made using RuPay debit cards.The notification was issued under Section 10A of the Payment and Settlement Systems Act, 2007.“In exercise of the…
The AO invoked the Explanation to Section 73. (Image for representative purpose only) A taxpayer from Mathura earned Rs 8.64 crore through his real estate trading business. However, the said taxpayer alsoincurred a loss of around Rs 34 lakh from futures and options (F&O) trading in the stock market. When the taxpayer filed his income…
Overall, the weekly bias remains cautious to bearish below Rs 155,700. Gold price prediction today: Gold outlook remains tilted to bearish as corrective pressures persist, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. Below is his outlook on gold prices:Gold remains under corrective pressure after the sharp rejection from the…
Indian benchmark indices opened higher on Tuesday, with the BSE Sensex rising around 400 points and the Nifty climbing above 23,500, despite persistent concerns over elevated crude oil prices and geopolitical tensions in West Asia. Oil prices rose above $100 a barrel as attacks on Saudi energy infrastructure disrupted the kingdom’s East-West pipeline and renewed…
The rise in oil prices added to inflation concerns. Oil prices rose more than 1% on Tuesday as concerns over global supplies intensified after attacks disrupted Saudi Arabia’s East-West pipeline and planned talks between Gulf Arab states and Iran were postponed.Brent crude futures gained $1.24, or 1.18%, to $106.93 a barrel at 0026 GMT, after…
Top stocks to buy for the trading week starting September 15, 2026 Stock market recommendations: Emcure Pharmaceuticals, and Cholamandalam Investment & Finance Company Ltd – Motilal Oswal Wealth Management Research Desk has identified these as the top stocks to buy in the holiday-shortened trading week starting September 18, 2026: NAME CMP (Rs) TP (Rs) Upside…
Bengaluru: Coforge has appointed global executive search firm Egon Zehnder to identify two additional independent directors as the company moves to strengthen its board, following the resignations of chairman OP Bhatt and Nomination and Remuneration Committee (NRC) chair DK Singh. The board said the governance issues that led to the exits had no impact on…
NEW DELHI: Apple’s latest iPhone launch could trigger a fresh wave of trade-ins, while strengthening demand for older, refurbished models, as sharply higher flagship prices push buyers towards more affordable ways of entering the company’s ecosystem, according to Cashify.The refurbished-device platform expects buybacks to increase within 30 days of the launch and gather pace over…
New Delhi: AB InBev, the world’s largest brewer, has outpaced India’s beer market in the first half of the year, making the country one of Budweiser’s top three markets globally in June, behind US and China. The strong double-digit growth came despite the West Asia conflict, which disrupted supply chains and triggered can shortages, as…