No need for in-person appearance in Income Tax Advance Ruling hearing, e-mechanism notified

To help non-resident taxpayers in big way

Photos of the day: January 19, 2022

What is frontrunning?

Covid-19: Does the fourth dose work?

Podcast | In conversation with Suresh Narayanan, Chairman and MD, Nestle India

Podcast | Urgency needed to address “obscene inequality” is missing: Oxfam India chief

Podcast | Urgency needed to address “obscene inequality” is missing: Oxfam India chief

Oxfam India chief Amitabh Behar talks about the “Ïnequality kills” report

Subscriber Exclusive

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Why the 5G rollout in the US is causing airline cancellations

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Cryptocurrencies crash 40% since November on mounting regulatory uncertainties

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Why you should accumulate this Nasdaq-listed new age company

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Here’s a DIY guide to choosing banking stocks

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Tech Query: What is the outlook for the stock of Gulf Oil Lubricants?

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Base metals 2022 outlook: Bears may come out of hibernation

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NFO - SBI and Axis Target Maturity Funds

Top Gainers/Top Losers

Stocks

Commodities

Forex

Gold & Silver

NSE launches Nifty India Defence Index

TPG-backed car dealership player Landmark files DRHP for Rs 762 cr IPO

Sensex down 656 pts at closing, Nifty slips below 18,000

Broker’s call: HCL Tech - Buy

Sensex declines by over 200 pts in opening trade amid weak global trends

Go long in copper futures

Coal India registers 31% growth in despatch under e-auction platform

Crude oil futures up by more than 2 p.c.

Crude futures up on MCX, Brent hits 7-year high

Silver set to become a precious industrial metal

Rupee falls 18 paise to 74.43 against US dollar in early trade

Rupee nears a key hurdle

Rupee gains 18 paise against US dollar in early trade

Rupee slips 6 paise to 74.44 against dollar in early trade

Weekly Rupee view: INR might stay flat

Go long in copper futures

Coal India registers 31% growth in despatch under e-auction platform

Crude oil futures up by more than 2 p.c.

Crude futures up on MCX, Brent hits 7-year high

Silver set to become a precious industrial metal

Opinion

Trending

Hitachi Is Putting India On Next-Gen Info Tech Roadmap

Stocks that will see action today (January 19)

Shriram Group in talks to exit Orient Green Power

Novel genetic risk factors cause heart failures in India: CCMB

BL Ink

Economy

India-UK FTA: Indian industry wants tariffs on Scotch not be reduced below `sustainable levels’

India-UK FTA: Indian industry wants tariffs on Scotch not be reduced below `sustainable levels’

Says non-tariff barriers on Indian alcoholic beverages in the UK such as minimum maturation period, whiskey ingredients should go

Power Ministry clears Leh-Kaithal green energy transmission corridor

Power Ministry clears Leh-Kaithal green energy transmission corridor

The project will provide 76 per cent utilisation of transmission capacity and will help evacuate 13 GW of RE generation

Modi called for common thinking among nations to fight challenges from crypto

Modi called for common thinking among nations to fight challenges from crypto

PM was addressing World Economic Forum

CSIR team develops tech to address perchlorate contamination of water

CSIR team develops tech to address perchlorate contamination of water

Sets up demonstration plant in Ernakulam district along with NIIST

Agri Business

Global cues lift spot rubber

Centre should create buffer stock of mustard: COOIT

Potato production in West Bengal likely to be impacted by delayed sowing, untimely rains

Faarms partners GB Pant varsity to sell seeds, inputs on its app

FSSAI extends deadline to submit feedback on GM foods norms

Sugar exports jump 277 per cent to 17 lakh tonnes in Oct-Dec 2021-22 season

New sowing trends emerge as wheat farmers switch to other crops

Money & Banking

India Inc on overseas borrowing binge

India Inc on overseas borrowing binge

Indian corporates raise $6-plus bn through offshore bonds in opening fortnight of 2022

BharatPe’s Ashneer Grover takes voluntary leave of absence

BharatPe’s Ashneer Grover takes voluntary leave of absence

Cholamandalam launches 3 new biz verticals for consumer & SME loans

Cholamandalam launches 3 new biz verticals for consumer & SME loans

Aims for the next growth phase, enters into partnership with fintech companies

Federal Bank, Equirus Wealth together launch an exclusive USD Fixed Maturity Fund

Federal Bank, Equirus Wealth together launch an exclusive USD Fixed Maturity Fund

Both NRI and Resident customers of Federal Bank will be able to invest in this fund

United Forum of Bank Unions-Kerala urges for reduced working hours

United Forum of Bank Unions-Kerala urges for reduced working hours

According to the Union, banking should be restricted to five days in a week to break the chain

SIDBI sanctions Rs 650 cr to AU SFB and Jana SFB for on-lending to NBFCs & MFIs

SIDBI sanctions Rs 650 cr to AU SFB and Jana SFB for on-lending to NBFCs & MFIs

CMD says the move is expected to benefit more than 40 small-sized non-banking financial companies and micro finance institutions

Markets

Today's Poll

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Is the BSNL management right in deciding to restructure the organisation?

quicktake

Dealing with invasion of locusts

Even as we battle Covid-19, we can’t afford to ignore this latest problem that was reported recently in Rajasthan

Editor's pick

Late-hour selling drags Sensex down 554 pts, Nifty ends below 18,200

Late-hour selling drags Sensex down 554 pts, Nifty ends below 18,200

All sectoral indices close in the red; broader market under pressure

How Microsoft is planning its metaverse entry into India

How Microsoft is planning its metaverse entry into India

Pitches an open ecosystem for its next phase of metaverse-backed growth

Xiaomi launches Xiaomi 11T Pro 5G smartphone in India

Xiaomi launches Xiaomi 11T Pro 5G smartphone in India

It is powered by the Qualcomm Snapdragon 888 mobile platform

Truck sales could scale FY19 peak by next general elections

Truck sales could scale FY19 peak by next general elections

Ageing fleets, costly freight, rising truck use, and e-commerce and infrastructure sectors will boost demand

The tussle over ticket prices Tollywood deals with an unfamiliar script

The tussle over ticket prices Tollywood deals with an unfamiliar script

Hopes an early solution to the never-ending row

COVID-19: Maha govt says Molnupiravir must be used with caution

COVID-19: Maha govt says Molnupiravir must be used with caution

Molnupiravir has been shown to reduce hospitalisation in a clinical trial and thus has received emergency use authorisation, not an FDA approval

ICICI Sec net profit up 42 pc on strong biz growth

ICICI Sec net profit up 42 pc on strong biz growth

Company added 6.8 lakh clients in Q3 alone

Telegram resolved issues after temporary global outage

Telegram resolved issues after temporary global outage

Users were unable to access the platform, seeing error messages such as “updating” or “connecting”

Multimedia

Companies

JSW Energy net profit jumps two-fold to Rs 320.82 crore in Q3FY22

JSW Energy net profit jumps two-fold to Rs 320.82 crore in Q3FY22

Company’s operation portfolio expected to pivot to around 70 per cent renewable energy by FY25

Tata Motors enters CNG space with Tiago and Tigor starting at Rs 6.09 lakh

Tata Motors enters CNG space with Tiago and Tigor starting at Rs 6.09 lakh

The CNG variants are priced a minimum of little under Rs ₹1 lakh more than the petrol counterparts

Jubilant Foodworks launches American restaurant chain in Popeyes

Jubilant Foodworks launches American restaurant chain in Popeyes

Popeyes is best known for its spicy New Orleans-style fried chicken and chicken sandwich

IIT-Madras incubated Aerostrovilos Energy raises seed funding from Tube Investments

IIT-Madras incubated Aerostrovilos Energy raises seed funding from Tube Investments

Aerostrovilos Energy has been working on developing Micro Gas Turbines with National Centre for Combustion Research

Porter announces ESOP liquidation worth $5 mn

Porter announces ESOP liquidation worth $5 mn

January 19, 2022 Porter, an on-demand intra-city logistics company, has announced an Employee Stock Ownership Plan (ESOP) monetisation programme wor

RPT-Reliance joins calls for India to tighten marketplace rules -sources

RPT-Reliance joins calls for India to tighten marketplace rules -sources

Reliance told officials that India needed special regulations to ensure "non-discriminatory" treatment of sellers on marketplace websites

Info-tech

Prodapt acquires Silicon Valley-based Synophic Worldwide

Prodapt acquires Silicon Valley-based Synophic Worldwide

The acquisition expands Prodapt’s global presence, and it does not reveal the deal size.

L&T Technology Services bags $45 million EV deal from US Auto Tier 1

L&T Technology Services bags $45 million EV deal from US Auto Tier 1

LTTS will work with the customer to deliver solutions leveraging its e-mobility technology competence

Microsoft HoloLens 2 is now available in India, know about its specifications

Microsoft HoloLens 2 is now available in India, know about its specifications

The mixed reality headset blends both the physical and digital worlds covering from augmented reality to virtual reality.

Jio ends BSNL’s 20 year dominance in wired broadband services

Jio ends BSNL’s 20 year dominance in wired broadband services

Mukesh Ambani-led telecom operator has become the country’s largest fixed-line broadband service provider

Khatabook records ₹1.8 trillion monthly transactions across three platforms

Khatabook records ₹1.8 trillion monthly transactions across three platforms

Khatabook claims over 10 million monthly active merchant users, managing more than 344 million customers on its platforms.

Reliance Jio pays Rs 30,791 crore towards spectrum dues

Reliance Jio pays Rs 30,791 crore towards spectrum dues

The company estimates that the prepayments will result in interest cost savings of around ₹1,200 crore annually, at the current interest rates

Portfolio

Portfolio: Getting into the details of Market Rally

Portfolio: Getting into the details of Market Rally

The Nifty 50 is on a high, and how! Here, we shortlist and analyse the top four sectors that contributed to the gains. Will the rally sustain? Read on

Indian indices poised at crucial levels

Indian indices poised at crucial levels

A sustained rise from here can negate our broader bearish view

PORTFOLIO COURSERA

PORTFOLIO COURSERA

The company is levered for structural shifts happening in the field of education

Portfolio: DIY Screener for banking stocks

Portfolio: DIY Screener for banking stocks

We shortlist lenders based on their NIMs, GNPA and other metrics

Portfolio Sunday Safe Investing page lead How zone-based health insurance premium works

Portfolio Sunday Safe Investing page lead How zone-based health insurance premium works

Zonal premiums make health insurance affordable to the middle class

Consider a calendar bull-call spread on IRCTC

Consider a calendar bull-call spread on IRCTC

Maximum risk at ₹23.55 per contract with high profit potential

Videos from BusinessLine on Campus

Masterclass on how to solve a business case by Vishwadeep Kuila

Masterclass on how to solve a business case by Vishwadeep Kuila

Speaking at the grand finale of BLoC Boardroom Challenge 2021, Kuila offers realistic advice to crack a case.

Slideshow

video

Podcast | Urgency needed to address “obscene inequality” is missing: Oxfam India chief

Podcast | Urgency needed to address “obscene inequality” is missing: Oxfam India chief

Oxfam India chief Amitabh Behar talks about the “Ïnequality kills” report

Resources

Aug 18, 2017

Full text of Vishal Sikka's resignation letter

Feb 28, 2015

Budget Highlights (Key features)

Jul 10, 2014

Budget 2014: At a glance

Chips Ahoy!

The EV race looks set to be a high voltage thriller with brands that have no history of car-making entering the fray. Will access to cells and chips b

Chip shortage: Buyers go for new Creta variants with lesser features

Buyers opt for the Creta models with lower number of semiconductors to avoid the long waiting period

Alt energy How dirty coal power is taking a beating

Coal is certainly on its way out with 326 GW of coal-fired power plants scrapped since 2015, and no announcements of new plants

Fundamentals driving the Nifty and what to watch

The Nifty 50 is on a high, and how! Here, we shortlist and analyse the top four sectors that contributed to the gains. Will the rally sustain? Read on

Index Outlook: Indian indices poised at crucial levels

A sustained rise from here can negate our broader bearish view

Why you should accumulate this Nasdaq-listed new age company

The company is levered for structural shifts happening in the field of education

Auroville: An utopian search for a better world

Akash Kapur’s ‘Better to Have Gone’ traces what happens when we believe deeply in a quest and give up everything in its pursuit

Lady doctors and the rocky path to healing

A handbook on India’s first women doctors holds up a mirror to the social and political realities of the 19th and early 20th century

Conquering Everest: A compelling account of how an impossible dream was achieved

Jim Davidson dwells in detail on the failure to make it in the first attempt and the harrowing return to physically and emotionally draining climb up