Central Consumer Protection Authority sends notices to Ola, Uber for unfair trade practices

Vibha Sharma New Delhi, May 20 The Central Consumer Protection Authority (CCPA) has issued notices to Ola and Uber, the online ride hailing platforms, for unfair trade practices and violation of consumer rights. A significant number of complaints have been lodged by consumers across the country on multiple issues…

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Markets rebound after heavy decline in previous trade; Sensex jumps 907 points

Mumbai, May 20 Equity benchmarks made a sharp recovery on Friday after a heavy decline in the previous trade, with the Sensex jumping 907 points in early trade, tracking positive trends from Asian markets. Also, jump in index major Reliance Industries helped the benchmarks bounce back. The 30-share BSE benchmark…

View More Markets rebound after heavy decline in previous trade; Sensex jumps 907 points

Markets rebound after heavy decline in previous trade; Sensex, Nifty rally nearly 3 per cent

Mumbai, May 20 Equity benchmarks bounced back sharply on Friday after facing a heavy drubbing in the previous trade, with the Sensex and Nifty jumping nearly 3 per cent, aided by positive trends from global markets and across-the-board buying. Index majors Reliance Industries and HDFC twins saw robust buying, helping…

View More Markets rebound after heavy decline in previous trade; Sensex, Nifty rally nearly 3 per cent

FHL case: Sebi slaps Rs 38-cr penalties on 32 entities

New Delhi, May 19Sebi has imposed penalties totalling Rs 38.75 crore on 32 entities, including Fortis Healthcare Holdings, in a case related to diversion of funds of Fortis Healthcare Ltd (FHL) and misrepresentations to conceal the fraud.The matter goes way back to 2018 when a media report came out that…

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Market sinks amid global cues, investors poorer by Rs 6.71L cr

New Delhi, May 19Equity investors became poorer by over Rs 6.71 lakh crore on Thursday as domestic benchmark indices tumbled amid a global market meltdown.SENSEX PLUNGES1,416.30 POINTSCLOSES AT 52,792.23RUPEE FALLS TO 77.72 VS US $NSE Nifty tanked 430.90 points to finish at 15,809.40Wipro, HCL Tech, Infosys, TCS, Tech Mahindra, Tata…

View More Market sinks amid global cues, investors poorer by Rs 6.71L cr