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ED auctions Rs 159-cr worth Heera Group assets to repay defrauded investors

Hyderabad, June 20 (IANS) The Enforcement Directorate (ED) has auctioned as many as 23 immovable properties worth approximately Rs 159 crore linked to alleged financial fraud accused Nowhera Shaik, the…
Posted by IANS June 20, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

8th Pay Commission: Employee unions urge higher basic pay, fitment factor

New Delhi, June 20 (IANS) The Eighth Central Pay Commission has completed the memorandum submission phase, on June 15, and it is set to examine demands from central government employees…
Posted by IANS June 20, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

India diversifies LPG imports amid West Asia conflict, OMCs absorb nearly Rs 22,000 crore losses

New Delhi, June 20 (IANS) India diversified its liquefied petroleum gas (LPG) imports during the recent West Asia conflict, significantly increasing purchases from the United States, Iran and several other…
Posted by IANS June 20, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

RVNL bags Rs 2,977 crore NMDC contract for 10 MTPA logistics facility at Vizag

New Delhi, June 20 (IANS) Rail Vikas Nigam Limited (RVNL) on Saturday announced that it has secured a major infrastructure contract worth Rs 2,977 crore from state-owned mining company NMDC…
Posted by IANS June 20, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

BFSI thematic funds lead May returns as SIP flows favour large caps: Report

Mumbai, June 20 (IANS) Banking, financial services and insurance (BFSI) thematic funds led the investment universe in May, returning 5.5 per cent and attracted Rs. 1,013 crore in inflows due…
Posted by IANS June 20, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

Northeast region now home to global landmarks: FM Sitharaman

New Delhi, June 20 (IANS) Finance Minister Nirmala Sitharaman said on Saturday that the northeastern region is now home to global landmarks, showcasing sustainable and inclusive development.In a post on…
Posted by IANS June 20, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

India clocks strong double-digit growth in global cellular IoT module market

New Delhi, June 20 (IANS) The global cellular IoT module market is expected to maintain steady growth in 2026, after growing 4 per cent (year-on-year) in Q1 2026 -- with…
Posted by IANS June 20, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

India’s office REITs penetration to rise to 30 pc by 2030: Report

New Delhi, June 19 (IANS) Real estate investment trusts and infrastructure investment trusts in India have expanded rapidly over nearly six years and could see office REIT and industrial &…
Posted by IANS June 19, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

NSE discloses dispute over mistakenly credited shares worth over Rs 1 crore in DRHP

Mumbai, June 19 (IANS) The National Stock Exchange (NSE) has disclosed in its draft red herring prospectus (DRHP) for its proposed initial public offering (IPO) that it filed a police…
Posted by IANS June 19, 2026Tags: BUSINESS NEWS
Posted inBUSINESS

CM Satheesan’s ‘New Age Kerala’ Budget, investment push amid financial storm (Ld)

Thiruvananthapuram, June 19 (IANS) After more than two-and-a-half decades as a legislator, Kerala Chief Minister V.D. Satheesan presented his maiden Budget on Friday.With the presentation of the revised State Budget…
Posted by IANS June 19, 2026Tags: BUSINESS NEWS

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