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Article on June 23, 2017

Tata Steel Sells Stake In Tata Motors To Tata Sons For $586.3 Million

As of end-March, the steelmaker owned a 2.9 percent stake or about 83.64 million shares in Tata Motors, according to stock exchange data.

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Half Yearly Box Office Performance Of Hindi Cinema

Halfway into the year 2017, we witnessed releases like Shah Rukh Khan’s ‘Raees’ and Akshay Kumar’s ‘Jolly LLB 2’ that are the highest grossers of the year till now.

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OneAssist Raises $18 Million In Series C Funding From Sequoia, Others

The investment will be used to explore significant market opportunities in the categories it operates in as well as to develop new product segments.

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GST Registrations For E-Commerce, New Companies To Begin On 25 June

Existing excise, service tax and VAT assessees will get another chance to migrate to the GSTN portal as registration for them too opens on Sunday (25 June) next and will remain open for three months.

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Non-Ferrous Metal Firms To Post Good Business Returns: ICRA

Domestic non-ferrous metal players would register improved business returns in FY18 compared to FY17 as realisations on metal sales are now buoyant.

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Honor 8 Pro Launched In India; Price, Features and Specifications

The smartphone will be available in the Indian market by mid-July in Black, Gold and Navy shades. The device will face competition with the recently launched OnePlus 5.

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‘Baahubali 2: The Conclusion’ Completes 8 Weeks At Indian Box Office

The movie has managed to create history at the box office not just due to its Hindi dubbed version but in other languages too.

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Movies Now Cover Their Budget Even Before Release Date

About 10 years back, film producers use to sell the rights for their movies territory-wise. However, now distribution rights are sold, specially for big releases, are sold to big ventures who takes entire country into account and sometimes overseas too.

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India’s Crude Oil, Natural Gas Production Falls Behind Target In May

Overall, the cumulative crude oil production during April-May, 2017 was 6038.33 TMT which is 1.16 percent lower than target for the period but 0.07 per cent higher than production during corresponding period of last year.

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Sensex Tumbles 153 Points On Profit-Booking

On a weekly basis, the Sensex gained 81.81 points, or 0.26 per cent, while the broader Nifty shed 13.10 points, or 0.13 per cent.

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