Business Highlights: Rupee Falls, Berkshire Exits Paytm, RBI Penalties
By Rediff Money Desk, NEWDELHI Nov 24, 2023 21:37
Get the latest business news, including the rupee hitting an all-time low, Berkshire Hathaway exiting Paytm, RBI penalties on banks, and more.
New Delhi, Nov 24 (PTI) Following are the top business stories at 2135 hours:
DEL75 BIZ-CHANDRASEKHAR-LD SOCIALMEDIA
Govt to assist people in filing FIRs against social media firms for deepfakes, other IT rule violations
New Delhi: The government will assist people in filing FIRs against social media platforms in case they are aggrieved by objectionable content like deepfakes that are in violation of IT rules.
DEL85 BIZ-LD RUPEE
Rupee falls 6 paise to close at an all-time low of 83.40 against US dollar
Mumbai: The rupee declined 6 paise to close at its all-time low of 83.40 against the US dollar on Friday, tracking higher demand for the greenback from importers and a weak tone among Asian peers.
DEL67 BIZ-PAYTM-BERKSHIRE HATHAWAY
Berkshire Hathaway exits Paytm; sells 2.46 pc stake for Rs 1,371 crore
New Delhi: Billionaire Warren Buffet-backed Berkshire Hathaway Inc on Friday divested its entire 2.46 per cent stake in Paytm's parent company One97 Communications for Rs 1,371 crore through an open market transaction.
DEL63 BIZ-RBI-PENALTY
RBI slaps penalties totalling Rs 10.34 cr on Citibank, Bank of Baroda, IOB
Mumbai: The Reserve Bank on Friday imposed penalties totalling Rs 10.34 crore on Citibank, Bank of Baroda, and Indian Overseas Bank for contravention of various regulatory norms.
DEL50 BIZ-LD STOCKS
Markets close modestly lower; IT stocks weigh
Mumbai: Equity benchmark indices Sensex and Nifty closed with modest losses for the second straight session on Friday, following selling in IT stocks amid a lack of fresh buying triggers.
DEL71 AVI-LD DELHI AIRPORT CEO-INTERVIEW
Delhi airport to cross 70 mn passenger traffic in FY24: DIAL chief
New Delhi: The Delhi airport will cross the pre-pandemic passenger traffic level at more than 70 million this fiscal and expects to complete the expansion of Terminal 1 by the end of February next year that will increase the domestic air passenger handling capacity by 23 million, a top official said on Friday.
DCM60 BIZ-LD FORTIS HOSPITAL
Fortis to sell Malar Hospital, land, building in Chennai for Rs 128 cr to MGM Healthcare
New Delhi: Fortis Healthcare Ltd on Friday said it will sell Fortis Malar Hospital in Chennai, along with land and building assets, for over Rs 128 crore to MGM Healthcare Pvt Ltd.
DEL52 BIZ-GOLD-PRICE
Gold drops Rs 50; silver declines Rs 200
New Delhi, Nov 24 (PTI) Gold prices dived Rs 50 to Rs 62,120 per 10 grams in the national capital on Friday amid fall in precious metal's price in global markets, according to HDFC Securities.
DEL75 BIZ-CHANDRASEKHAR-LD SOCIALMEDIA
Govt to assist people in filing FIRs against social media firms for deepfakes, other IT rule violations
New Delhi: The government will assist people in filing FIRs against social media platforms in case they are aggrieved by objectionable content like deepfakes that are in violation of IT rules.
DEL85 BIZ-LD RUPEE
Rupee falls 6 paise to close at an all-time low of 83.40 against US dollar
Mumbai: The rupee declined 6 paise to close at its all-time low of 83.40 against the US dollar on Friday, tracking higher demand for the greenback from importers and a weak tone among Asian peers.
DEL67 BIZ-PAYTM-BERKSHIRE HATHAWAY
Berkshire Hathaway exits Paytm; sells 2.46 pc stake for Rs 1,371 crore
New Delhi: Billionaire Warren Buffet-backed Berkshire Hathaway Inc on Friday divested its entire 2.46 per cent stake in Paytm's parent company One97 Communications for Rs 1,371 crore through an open market transaction.
DEL63 BIZ-RBI-PENALTY
RBI slaps penalties totalling Rs 10.34 cr on Citibank, Bank of Baroda, IOB
Mumbai: The Reserve Bank on Friday imposed penalties totalling Rs 10.34 crore on Citibank, Bank of Baroda, and Indian Overseas Bank for contravention of various regulatory norms.
DEL50 BIZ-LD STOCKS
Markets close modestly lower; IT stocks weigh
Mumbai: Equity benchmark indices Sensex and Nifty closed with modest losses for the second straight session on Friday, following selling in IT stocks amid a lack of fresh buying triggers.
DEL71 AVI-LD DELHI AIRPORT CEO-INTERVIEW
Delhi airport to cross 70 mn passenger traffic in FY24: DIAL chief
New Delhi: The Delhi airport will cross the pre-pandemic passenger traffic level at more than 70 million this fiscal and expects to complete the expansion of Terminal 1 by the end of February next year that will increase the domestic air passenger handling capacity by 23 million, a top official said on Friday.
DCM60 BIZ-LD FORTIS HOSPITAL
Fortis to sell Malar Hospital, land, building in Chennai for Rs 128 cr to MGM Healthcare
New Delhi: Fortis Healthcare Ltd on Friday said it will sell Fortis Malar Hospital in Chennai, along with land and building assets, for over Rs 128 crore to MGM Healthcare Pvt Ltd.
DEL52 BIZ-GOLD-PRICE
Gold drops Rs 50; silver declines Rs 200
New Delhi, Nov 24 (PTI) Gold prices dived Rs 50 to Rs 62,120 per 10 grams in the national capital on Friday amid fall in precious metal's price in global markets, according to HDFC Securities.
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