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Business highlights
Business2 min read
New Delhi, Feb 16 () Following are the top business stories at 1800 hours:DCM6 BIZ-BPCL-PRIVATISATIONIMG clears BPCL sale bid documents, to be issued after ministerial group nodNew Delhi: An inter-ministerial group has approved sale bid documents for privatisation of India's second biggest oil refiner Bharat Petroleum Corp Ltd (BPCL), and a notice seeking bids will be issued after a small group of ministers approves it, sources said.

DCM8 BIZ-SEBI-BOARDSebi board to consider 'difficult to recover' tag for untraceable defaulters, regulatory sandboxesNew Delhi: Markets regulator Sebi will contemplate proposals to attach a 'difficult to recover' tag for individual defaulters who are found to be 'untraceable', and for so-called regulatory sandboxes on Monday, officials said.

DCM23 BIZ-GST-RETURNSAbout 92% of large taxpayers filed annual returns for 2017-18: GSTNNew Delhi: The GST Network on Sunday said around 92 per cent of large taxpayers with turnover of over Rs 2 crore have filed annual returns for 2017-18 fiscal.

DCM16 BIZ-COS-GDR-IFSCGovt allows cos to list global depository receipts at IFSCNew Delhi: Indian companies now have the option to list their global depository receipts at the international financial services centre in Gujarat, with the government amending the rules.

DCM7 BIZ-MARUTI SUZUKIWill not just defend market share but also charge at competition: Maruti Suzuki MDNew Delhi: The country's largest car maker Maruti Suzuki India (MSI) will not only defend its market share but also "charge" at and "chase" competitors in the wake of newcomers, such as Kia and Chinese players, intensifying competition, according to a top company official.DCM15 BIZ-POWER DISCOMS-DUESDiscoms' outstanding dues to power gencos rise nearly 50 pc to Rs 88,177 cr in DecNew Delhi: Power producers' total outstanding dues owed by distribution firms jumped nearly 50 per cent to Rs 88,177 crore in December 2019 over the same month previous year, reflecting stress in the sector.DCM9 BIZ-OIL-TELECOM-DUESOil India to move TDSAT against DoT seeking Rs 48,489 croreNew Delhi: State-owned Oil India is likely to move the TDSAT this week against the telecom department seeking about Rs 48,500 crore in past dues on the surplus bandwidth capacity it had leased to third parties, its Chairman and Managing Director Sushil Chandra Mishra has said.DCM5 BIZ-MARKET-OUTLOOKGlobal trends to dictate markets in holiday-shortened week: AnalystsNew Delhi: With no key events due in a holiday-shortened week, markets would take cues from global trends and would also track developments related to coronavirus that has dampened investor sentiment, say analysts.

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