New Delhi, Apr 21 (PTI) Following are the top business stories at 2030 hours:
DEL99 BIZ-LD-STEEL-SAFEGUARD-DUTY
* Govt imposes 12 pc safeguard duty on certain steel products for 200 days
New Delhi: India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. *
DEL81 BIZ-CCI-LD GOOGLE
* Google settles Android TV case with Competition Commission
New Delhi: Technology major Google on Monday settled with the Competition Commission a nearly four-year-old case related to alleged unfair business practices with respect to Android Smart TV market and has agreed to modify its agreement with vendors. *
DEL58 BIZ-LD-STOCKS
* Stock markets rally for 5th day; Sensex jumps 855 pts on buying in banking, IT shares
Mumbai: Rallying for the fifth day in a row, benchmark Sensex jumped 855 points to close above the 79,000 mark on heavy buying in banking and IT shares following strong quarterly results and foreign fund inflows. *
DEL48 BIZ-GOLD-PRICE
* Gold nears Rs 1 lakh-mark in Delhi on weak dollar, US-China tariff war woes
New Delhi: Gold prices inched closer to the psychological mark of Rs 1 lakh per 10 grams as the bullion rates surged Rs 1,650 in the national capital on Monday on weak dollar and uncertainties over US-China trade war driving demand. *
DEL50 BIZ-RUPEE-CLOSE
* Rupee gains 25 paise to settle at 85.13 against US dollar
Mumbai: The rupee sustained its rally for the fifth straight session and settled with gains of 25 paise at 85.13 (provisional) against the US dollar on Monday, boosted by a sharp fall in the dollar index and a surge in the domestic equities. *
DCM77 BIZ-NCLT-SHIVINDER-SINGH
* Shivinder Mohan Singh moves NCLT, files plea for personal insolvency
New Delhi: Former Fortis Healthcare promoter Shivinder Mohan Singh has moved a plea before the National Company Law Tribunal for personal insolvency, stating that his liabilities far exceed his assets. *
DEL68 BIZ-INFRA-GROWTH
* Key infra sectors growth slows to 3.8 pc in Mar
New Delhi: The output of eight key infrastructure sectors slowed down to 3.8 per cent in March, as against 6.3 per cent growth registered a year ago, according to official data released on Monday. *
FGN18 BIZ-FM-BHARAT
* Primary focus of Modi govt to transform India into Viksit Bharat by 2047: Sitharaman
San Francisco: Finance Minister Nirmala Sitharaman on Monday said the Modi government's primary focus is to transform India into a developed nation by 2047, with a strong focus on sunrise sectors to drive this objective. *
DEL83 BIZ-GOVT-LD GENSOL
* MCA to take necessary action against Gensol Engg after examining Sebi order
New Delhi: The Corporate Affairs Ministry on Monday said it will take necessary action in the Gensol Engineering matter after examining market regulator Sebi's order against the company. *
DEL90 BIZ-RBI-ACCOUNT-MINOR
* RBI permits minors above 10 years to operate bank accounts independently
Mumbai: The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term deposit accounts independently. *
DEL64 BIZ-STOCKS-WEALTH
* D-Street investors' wealth swells by Rs 32 lakh cr in five-day stock rally
New Delhi: Investors' wealth soared by Rs 32 lakh crore in the five-day stock rally to Monday powered by foreign fund inflows and a broad-based gains in equities. *