Shares of Indiabulls Real Estate were locked in 5 percent upper circuit at Rs 43.40 intraday after its board on October 11 approved a Rs 500-crore share buyback proposal. On the BSE, there were pending buy orders of 285,309 shares, with no sellers available at 1338 hours. The real estate company informed exchanges that its board of directors had approved a proposal Read More

China is yet to approve US chipmaker Qualcomm’s proposed $44 billion (roughly Rs. 3 lakh crores) acquisition of NXP Semiconductors, three people close to the talks said, dismissing an earlier media report that said Beijing had already greenlit the deal. Chinese clearance would remove a long-running roadblock to the deal that has become entangled with broader trade tensions between the United States and Read More

India is one step away from commercial production of its first GM food crop with the central biotech regulator on Thursday granting clearance for the commercial cultivation of genetically modified mustard that will now be considered for final approval by the Centre. The Genetic Engineering Appraisal Committee (GEAC) recommended that the environment ministry approve GM mustard. The decision on commercial Read More

The Supreme Court, on Friday, stayed the operation of a National Green Tribunal (NGT) order asking Indian Railways and Delhi Metro Rail Corporation (DMRC) to seek environmental clearances for their projects. A bench comprising Justices T S Thakur and A M Khanwilkar prima facie agreed to the submission of Delhi Metro and Dedicated Freight Corridor Corporation of India (DFCCIL) that Read More

Ahead of elections to 10 municipal councils in the district on December 14, a proposal has been forwarded to the Election Commission to extend the time for voting from 5 pm to 5.30 pm considering the large number of voters coming in to exercise their franchise in the last two hours. Proposals to restrict the number of people per booth Read More