SC sets aside Bombay High Court order against ONGC, says Controlling Authority cannot determine gratuity liability where no employer-employee relationship exists

Packaging company makes a muted stock-market debut despite strong IPO subscription and improving operating performance

Over 39 million shares change hands; stock remains sharply higher from its IPO price despite Monday’s decline

High exposure to repo-linked retail, agriculture and MSME loans could allow public sector banks to reprice assets faster than deposits if the RBI raises rates

​Supreme Court rules that premium earned from sale of export quotas cannot be treated as export income where the transaction does not involve receipt of foreign exchange

Leadership uncertainty around N Chandrasekaran’s reappointment puts Tata group stocks under pressure, while investors assess governance, valuation and holding-company risks

Foreign institutional investors (FIIs) have remained a major source of pressure for Indian equities over the past two years, with foreign investors withdrawing nearly $40 billion from Indian stocks during the period.

Indian equity benchmarks traded higher in Monday’s morning session as easing crude oil prices provided some relief to investors worried about inflation, corporate costs and economic growth.

Maharashtra is set to develop a new model for identifying, testing and scaling healthcare innovations through the Maharashtra Impact and Innovation Hub. The state-scale platform is being designed to bring together government agencies.