Mumbai: The benchmark BSE Sensex started on a negative note, shedding over 100 points today, on weak global cues and rupee depreciation against the US…
Posts published in “Business”
New Delhi: Bharti Airtel, Idea Cellular and Vodafone Group on Wednesday announced an agreement for a merger of Indus Towers and Bharti Infratel to create…
New Delhi: In a bid to bridge the lag in actual revenue accrual, the Finance Ministry will from this fiscal shift to cash basis accounting…
New Delhi: Bharti Airtel, India’s largest private telecom firm, on Tuesdsay reported its lowest quarterly net profit in at least 14 years, as competition with…
New Delhi: In yet another twist in the race for Fortis Healthcare, IHH Healthcare Berhad on Tuesday made a binding offer to immediately infuse Rs…
New Delhi: The Competition Commission has ruled out cartelisation among banks in fixing savings interest rates, after finding the rates are based on independent assessment…
Mumbai: One in every four salaried professionals is not aware of the tax savings potential offered by some tax benefits that form part of their…
Mumbai: Benchmarks closed higher for the second straight day on Tuesday, propelled by a burst of buying in energy stocks even as crude oil prices…
New Delhi: India’s top energy company may have compromised the lives and safety of its employees and its actions may have resulted in the exchequer…
New Delhi: After the US moved World Trade Organisation (WTO) against India for not doing away with export subsidy, the Union Ministry of Commerce is…
New Delhi: The ED on Tuesday said it has attached assets worth Rs 1,122 crore, including wind mills and an under-construction hotel, of Vadodara-based DPIL…
Mumbai: Global software major Infosys will invest more in digital technologies to drive business and look for strategic inorganic acquisitions, a company official said on…
[unable to retrieve full-text content]Major gainers were Yes Bank, ICICI Bank, M&M, HUL, Axis Bank, ITC, RIL, Adani Ports, Maruti Suzuki, Dr Reddy’s, ONGC, Sun…
Allowing the plea of Liberty House, a two-member NCLT bench, headed by President Justice M M Kumar, has directed the committee of creditors (CoC) to…
Mumbai: Several Thailand-based companies which are operating in India plan to invest around USD 3 billion in the next three years period in the areas…
Kumar, additional secretary with the coal ministry, has taken over from Central Coalfields Ltd CMD Gopal Singh, who was appointed as interim chairman of the…
Jaishankar had played a key role in the Indo-US civilian nuclear deal, and his performance as the Indian Ambassador to the US had catapulted him…
New Delhi: The finance ministry is not in favour of cutting excise duty on petrol and diesel to provide relief to the common man from…
Forex dealers said, sustained demand for the American currency from importers and dollar strength against other currencies overseas, bolstered by rising US bond yields, weighed…
Mumbai: Domestic equities opened on a choppy note on Monday tracking mixed cues from other Asian markets, ahead of F&O expiry later this week. The…
Shares of the Mumbai-based company rose as much as 4.4 percent to a record high of 3,553 rupees, extending gains for a third straight session…
Bengaluru: Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five years, as it…
Bloomberg, in a CBS interview, did not commit to provide funds beyond this year and said he hopes by next year Trump will have changed…
New Delhi: India’s largest IT services firm TCS is betting big on its ‘Business 4.0’ strategy to propel its revenues from new age-technologies like automation,…
There are several issues which the sector is grappling with and that includes who owns the business-to-consumer e-commerce space and involvement of multiple agencies like…
New Delhi: A high-octane trade dispute between the world’s two largest economies — China and the US — will harm global trade this year as…
Petrol price has hit 74 rupees 40 paise a litre, while diesel rates touched a record high of 65 rupees 65 paise. According to a…
Washington: Global investors feel that the Indian “elephant is ready to run” after sustained economic reforms, a top IMF official has said, but underlined the…
New Delhi: Markets watchdog Sebi is mulling getting a forensic examination done on financial statements and disclosures made by ICICI Bank in last few years…
New Delhi: Petrol price on Sunday hit Rs 74.40 a litre — the highest level under the BJP-led government, while diesel rates touched a record…
New Delhi: President Ram Nath Kovind on Saturday night promulgated Fugitive Economic Offenders Ordinance that will allow the government to confiscate properties and assets of…
Washington: Asserting that the Indian economy turned in a resilient performance in 2017-18, Reserve Bank of India (RBI) Governor Urjit Patel has said the country’s…
Washington: With economic reforms adopted in the last few years starting to bear fruit, India is poised to remain the fastest growing large economy in…
Gold rose 60 rupees, to 32,450 rupees per ten grams at Delhi’s bullion market, today, on scattered buying by jewelers. Silver advanced 200 rupees, to…
In a statement released on Saturday, the airlines said that three engines currently being used on aircraft and one in maintenance will be tested within…
New Delhi: Roadblocks such as delay in GST refunds and after effects of note ban hit India’s export prospects in 2017-18 amid a revival in…
Mumbai: The Reserve Bank of India (RBI) has made linking of national biometric ID Aadhaar to bank accounts mandatory as part of its updated ‘Know…
New Delhi: HDFC Bank posted 20.3 per cent growth in its standalone net profit at Rs 4,799.3 crore for the quarter ended on March 31,…
Justice M M Kumar on Saturday said the NCLT is trying its best to settle the cases that come in to it for adjudication and…
New Delhi: The Union Cabinet on Saturday approved a proposal to promulgate Fugitive Economic Offenders Ordinance 2018 that provides for confiscating properties and assets of…
Washington: The International Monetary Fund has said it wants continued momentum in India’s growth and structural reforms despite the election season. A number of elections…
Mumbai: The rupee on Friday crashed below the key 66 level to settle at a 13-month low of 66.12 against the US currency, hit by…
New Delhi: Tata Consultancy Services(TCS) moved closer to the USD 100 billion mark in market capitalisation as its share price surged nearly 7 per cent…
New Delhi: Sitting silently with placards outside offices and residences of defaulters, the staff of Punjab National Bank hope to ‘name and shame’ such borrowers…
New Delhi: Currency supply to ATMs and branches has improved but cash crunch still persists in the system which would be normalised soon, bank officials…
GE reported profits in every division except oil and gas. The company also reaffirmed its 2018 forecast. AFP Updated:April 20, 2018, 5:38 PM IST The…
Mumbai: Stocks weathered yet another choppy session to end marginally lower on Friday as investors baulked at the prospects of higher interest rates after minutes…
[unable to retrieve full-text content]During 2015-16, while a total of 1.05 lakh STRs were generated out of which 61,361 were sent by banks it jumped…
Washington: The reforms carried out by India has been bearing fruits and benefiting people, making a strong case for more steps, a top IMF official…
New Delhi: Diesel prices retailed at an all-time high on Friday. In Delhi, diesel clocked a record high of Rs. 65.31. In Kolkata, diesel rates…
New Delhi: At 98.5 percent for financial year 2017-18, the Indian Railways is set to communicate its worst ever operating ratio to Comptroller Auditor General…
On NSE, TCS shares surged 6.54 per cent to its one-year high of Rs 3,399.90. The company’s quarterly results were announced post market hours on…
Mumbai: Tata Consultancy Services (TCS) on Thursday reported that its consolidated net profit for the fourth quarter (Q4) increased 4.6 percent annually but declined 1.8…
Mumbai: The benchmark BSE Sensex declined by about 80 points in early session on Friday, in tandem with weak global cues amid rupee’s plunge below…
Mumbai: The rupee continued its losing streak for a fourth straight session to hit a fresh 13-month low of 65.80 a dollar on Thursday, dropping…
New Delhi: Currency crunch seen in many parts of the country in past few days showed signs of easing on Thursday with 86 per cent…
The company had reported a net profit of Rs 6,608 crore in the same period last fiscal, TCS said in a regulatory filing. PTI Updated:April…
Mumbai: Midsize private sector lender Indusind Bank today posted a 27 per cent surge in March quarter net at Rs 953.09 crore despite a surge…
New Delhi: With four suitors in race, Fortis Healthcare board on Thursday approved evaluation of only binding offers and formed an expert committee to evaluate…
New Delhi: The Supreme Court on Thursday allowed the Sahara Group to choose any parcel of its property in the Aamby Valley city project in…
Qualcomm had in January said it would implement a series of targeted reductions across businesses to save $1 billion in annual costs, as part of…
SBI has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash to the customers of SBI as well…
The acquisition enables P&G to add to its portfolio of existing consumer healthcare capabilities and brands such as Vicks, Metamucil, Pepto-Bismol, Crest and Oral-B. Reuters…
Mumbai: The BSE benchmark Sensex rose over 100 points in early trade on Thursday tracking strong Asian cues supported by a rally in oil prices…
On Wednesday, the rupee had slipped by 2 paise to settle at a seven-month low of 65.66 against the US currency due to sustained dollar…
Bengaluru: India will claim the top spot among the world’s fastest-growing major economies this year, but rising trade tensions between the United States and China…
India is planning to continue with the consolidation in the current fiscal year and over the medium term, the top IMF official said. PTI Updated:April…
Washington: As world borrowing levels hit fresh records, the United States and China stand out among the biggest debtors, creating risks to the global economy,…
New Delhi: ICRA Ratings on Wednesday said the wind power capacity addition will improve to 3 GW this fiscal, backed by project awards by Solar…
New Delhi: US-based cab aggregator Uber on Wednesday said it is open to forming alliances in the Indian market but will not agree to a…
Washington: The US wants “a level playing field” for its companies in India and is working with New Delhi to address market access issues and…
The International Monetary Fund, IMF has said that India is expected to grow at 7(point)4 per cent in 2018 and 7(point)8 per cent in 2019…
Mumbai: The BSE Sensex rose over 100 points in early trade on Wednesday, continuing its winning spree for the 10th straight session, on positive global…
Dealers attributed the rupee’s persistent fall to increased demand for the US currency from importers and foreign fund outflows. PTI Updated:April 18, 2018, 11:39 AM…
United Nations: The International Monetary Fund (IMF) has urged India to strengthen the ability of banks to go after debtors and warned that debts negatively…
New Delhi: The latest ITR-1 form, largely used by the salaried class of taxpayers, has been activated on the official e-filing portal of the Income…
New Delhi: Nine states, including Gujarat, Karnataka and Maharashtra, contribute around 82 per cent of all e-way bills being generated, Bihar Deputy Chief Minister Sushil…
New Delhi: A parliamentary panel has called RBI Governor Urjit Patel on May 17 to answer queries on banking frauds and the powers that the…
New Delhi: In a bid to expand trade ties with India, Taiwan will host its first-ever promotional event – Taiwan Expo – in New Delhi…
According to the bulk deal data available with BSE, NVB PLC disposed of 3.92 crore shares, amounting to 0.90 per cent stake in the telecom…
The IMF today projected a global growth of three point nine per cent in the next two years due to strong momentum, favourable market sentiment…
London: Global steel demand will grow 1.8 percent this year and 0.7 percent next year, driven by favourable world economic momentum, though the market faces…
Mumbai: Indian stocks clocked their ninth straight gains today, the longest winning streak in over three years, with the benchmark Sensex rising nearly 90 points…
Washington: India is expected to grow at 7.4 percent in 2018 and 7.8 percent in 2019, leaving its nearest rival China behind respectively at 6.6…
New Delhi: By warning the Modi government against selling Air India to majority foreign owned bidders, the Rashtriya Swayamsewak Sangh (RSS) has possibly thrown another…
The World Bank has projected a growth rate of 7(point)3 per cent for India this year and 7(point)5 per cent for 2019 and 2020. The…
The Group of Ministers (GoM) under Bihar Deputy Chief Minister Sushil Modi will meet tax experts and representatives from industry on the Goods Services Tax…
Finance Minister Arun Jaitley has said there is more than the adequate currency in circulation and it is available with the banks. Mr Jaitley today…
Mumbai: Extending its rising streak for the ninth session, the benchmark BSE Sensex advanced nearly 100 points in opening trade on Tuesday, after forecast of…
Emphasising that it has a mandate to ensure transparency in the sector, TRAI said that various tariff plans and other tariff instruments are being provided…
Washington: The World Bank on Tuesday forecast a growth rate of 7.3 per cent for India this year and 7.5 per cent for 2019 and…
The World Bank today forecast a growth rate of 7 point 3 per cent for India this year and 7 point 5 per cent for…
London/ New York: The US Department of Commerce has banned American companies from selling components to leading Chinese telecom equipment maker ZTE Corp for seven…
Mumbai: There is a need for ‘close coordination’ between the finance ministry and the Reserve Bank, Niti Aayog Vice Chairman Rajiv Kumar said today, advocating…
Mumbai: RSS chief Mohan Bhagwat today said Air India should be owned by an Indian player who can run it efficiently, amid the government initiating…
Inflation, based on wholesale prices, eased marginally to 2(point)47 per cent in March on cheaper food articles, especially pulses and vegetables. It was 2.48 per…
Last week, UK-based Vedanta Resources plc announced that the Tamil Nadu Pollution Control Board had rejected the company’s application to renew its right to operate…
Mumbai: Indian stock market continued its unabated rise for an eighth consecutive session on Monday in the longest winning run since November, with the Sensex…
On the basis of Wholesale Price Index (WPI), inflation was 2.48 per cent in February and 5.11 per cent in March last year. PTI Updated:April…
Analysts said that though Infosys Q4 numbers were in line with expectations, the IT major’s guidance for FY19 growth and operating margin were below estimates.…
Shares of the company on Monday opened on a weak note and fell to an intra-day low of Rs 1,099, down 5.98 per cent from…
Mumbai: The BSE benchmark Sensex fell nearly 300 points to crack below the 34,000-mark on Monday amid weak Asian cues after a US-led strike on…
Geopolitical tensions over Syria and trade war concerns weighed on the domestic unit. But, a weak dollar against major global currencies capped some losses, forex…
None of the 11 A320 Neo planes fitted with P&W engines which were taken out of operation due to the engine glitches are now on…
Chennai: Eyeing India’s lucrative military modernisation programme, aerospace giant Airbus has offered to set up a global manufacturing hub for its Panther helicopter in the…
Beijing: India on Sunday said it would not take sides in the ongoing trade spat between the US and China as it concluded the key…
Mumbai: Worried over possible job losses post disinvestment, as many as 11 Air India unions representing more than 10,000 employees have taken to Twitter, YouTube,…
New Delhi: The RSS-affiliated SJM has written to Prime Minister Narendra Modi demanding removal of Nachiket Mor from the RBI board on grounds of conflict…
Mumbai: The Institute of Chartered Accountants of India (ICAI) has sent notices to all statutory auditors of Punjab National Bank’s Brady House branch, where the…
Mumbai: The Reserve Bank of India had two years ago conducted a detailed scrutiny to probe allegations of impropriety in ICICI Bank extending loans to…
New Delhi: After collecting $1.6 billion from nine highway projects, the government is eyeing about $3 billion by monetising 25 more National Highways stretches in…
New Delhi: The Income Tax Department has seized a further Rs 440 crore of dividend income due to Cairn Energy Plc to recover a part…
Civil Aviation Minister Suresh Prabhu on Saturday said the upcoming greenfield airport at Goa’s Mopa would help “generate jobs and revenue for the state”. IANS…
Besides Arun Kaul, others booked by the CBI are Era Engineering Infra India Ltd. (M/s EEIL), its CMD Hem Singh Bharana; two chartered accountants —…
Finance Act, 2018, amended section 139A of the Income-tax Act, 1961, and removed the requirement of issuing PAN in the form of a laminated card,…
In an email to the users, the ride-sharing company admitted that their names, emails and cellphone numbers had been seized by hackers in the incident,…
New Delhi: The United States has included India in “the monitoring list” of its “major trading partners that merit close attention to their currency practices…
The Central Board of Direct Taxes (CBDT) on Saturday said the comments of stakeholders and general public need to be sent via e-mail before April…
Washington: The US Treasury added India to its watch list of countries with potentially questionable foreign exchange policies, joining China and four others, according to…
This includes term loan facility availed from NTPC in 2012 at a 6 percent per annum rate of interest to be repaid in 120 equated…
New York: Comparisons between India and China are “unfair” as India “pales” before the Communist giant, which is about five times India’s size, former RBI…
City-based Ananth Technologies and JSC Concern Radio-Electronic Technologies (KRET) inked pact for product support to develop defence systems and to manufacture spare parts and providing…
Bengaluru: Infosys on Friday said it has rolled out salary hikes ranging from “mid-single digit to high-single digit” for a majority of its employees, effective…
Domestic share indexes today closed with mild gains, rising for the seventh straight session. In a volatile trade, the Sensex and Nifty rose amid mixed…
Expressed in the US dollar terms, the foreign currency assets include the effect of appreciation or depreciation of the non-US currencies such as the euro,…
New Delhi: Market regulator Sebi on Friday released guidelines for issuance of debt securities by REITs and InvITs, wherein they need a registered debenture trustee,…
New Delhi: Passengers on board the bullet train, proposed to run between Mumbai and Ahmedabad, have to shell out anything between Rs 250 to Rs…
Mumbai: Even as inflation cooled to 4.3 per cent for March led by food prices, analysts are not so certain about a policy rate cut…
The 30-share BSE Sensex rose by 91.52 points to end at 34,192.65 after hitting a high of 34,313.14 and a low of 34,103.53. PTI Updated:April…
New Delhi: It is probably the biggest bitcoin theft India has ever seen. Bitcoins worth over Rs 19 crore have been siphoned off from Coinsecure,…
Mumbai: The benchmark Sensex gained over 100 points in early trade on Friday, continuing its rising streak for the seventh straight session on the back…
On Thursday, the rupee staged an impressive recovery from its five-month low towards the fag-end and closed higher by 5 paise to close at 65.26…
Washington: Based on the market access concerns it has with India, the US on Thursday announced eligibility review of India for the Generalized System of…
New Delhi: In a major relief to budding entrepreneurs, the government on Thursday allowed startups to avail full tax concession on investments up to Rs…
New Delhi: Swedish home furnishings chain IKEA on Thursday said it has signed a memorandum of understanding (MoU) with the Gujarat government to set up…
Mumbai: Launch of payments banks and small finance banks has not impacted private sector lender Kotak Mahindra Bank (KMB), a senior official said on Thursday.…
New Delhi: The reconstituted Banks Board Bureau under B P Sharma will “take forward” various HR related recommendation made by his predecessor Vinod Rai, Financial…
NEW DELHI: India’s retail inflation eased to a five-month low in March, but remained above the Reserve Bank of India’s medium-term target, while industrial output…
Retail inflation has dipped to 4(point)28 percent in March from 4(point)44 per cent in February. According to the data released by the Central Statistics Office,…
Thiruvedanthai: Eying the mega IAF contract for 11o fighter jets, Boeing on Thursday announced a partnership with PSU Hindustan Aeronautics Limited (HAL) and Mahindra Defence…
New Delhi: Oil Minister Dharmendra Pradhan on Thursday said the government has not asked state-owned oil firms to defer raising the retail price of petrol…
New Delhi: A parliamentary panel will grill finance ministry officials on April 17 amid rising NPAs, incidents of fraud and governance lapses in the banking…
Hong Kong/Mumbai: Walmart Inc is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June…
One challenge is to ensure that Belt and Road only travels where it is needed, and the second is to focus on sound fiscal policies,…
New York: Proper implementation of the Goods and Services Tax (GST) in India can be worked upon and is not an “unfixable problem”, former RBI…
The benchmark BSE Sensex regained 34k level rose by 62.38 points, or 0.18 per cent, to 34,002.82 in the opening trade. PTI Updated:April 12, 2018,…
Major gainers were TCS, Infosys, Tata Motors, ICICI Bank, and Wipro, rising up to 3 per cent. Losers include Dr Reddy’s, SBI, Sun Pharma and…
India has jumped 13 places in the last one year to 130th spot in the latest annual Index of Economic Freedom released by a top…
Washington: India has jumped 13 places in the last one year to earn 130th spot in the latest annual Index of Economic Freedom released by…
They were sent through an international messaging system for banking called SWIFT, which is used to pass instructions among banks globally to transfer funds. PTI…
Mumbai: The recent crisis in the country’s banking system has impacted investor sentiments, leading to some slowdown in the investment flow, a top official from…
New Delhi: Saudi Aramco on Wednesday signed an initial deal with a consortium of Indian refiners to build a approximately Rs 2.8 Lakh Crore refinery…
New Delhi: With petrol and diesel prices touching multi-year highs, the government has asked state-run oil companies not to increase retail diesel and petrol prices.…
Mumbai: Markets finished with modest gains in see-saw trade on Wednesday as investors took comfort from ADB’s optimistic growth projections for India amid US and…
Mumbai: Alleging that the probable bidders are using “arm-twisting tactics” to force the government sell the national carrier for cheap, a forum of 10 Air…
The Asian Development Bank (ADB) has said, India’s economic growth is set to rise to 7(point)3 per cent this fiscal and further to 7(point)6 percent…
Saudi Oil Minister, Khalid A. Al-Falih, said India is a priority destination for Saudi investment and Aramco will continue to scout for opportunities beyond the…
Mumbai: India’s steel-to-autos conglomerate Tata Group, widely seen as a potential suitor for Air India, is unlikely to consider a bid for the state-run carrier…
New Delhi: Manipal Hospitals Enterprises Private Ltd raised its offer to buy rival Fortis Healthcare Ltd’s hospital business by about a fifth in an attempt…
Manila: The Philippines is looking to shorten the closure period for its most popular holiday hotspot Boracay to four months from six, but the number…
However, weakness in the US dollar against select currencies overseas and a higher opening in domestic equities capped the losses. Image of existing Rs 10/File…
Mumbai: The BSE Sensex turned choppy and fell over 100 points, led by losses on banking, oil & gas, finance and auto counters, amid mixed…
Manila: The Asian Development Bank raised its 2018 economic growth estimate for developing Asia to 6.0 percent from 5.8 percent, citing solid export demand, but…
New Delhi: The government is looking at the possibility of converting GST Network, the company that handles IT infrastructure for the Goods and Services Tax…
New Delhi: The central government is aiming to drive harder bargains with global oil producers, including Saudi Arabia, during bilateral meetings at a conference of…
Jet Airways today said it would not be participating in the Air India disinvestment process, becoming the second domestic airline after IndiGo to make such…
Key benchmark stocks today closed with gains for a fourth straight session. The Sensex at the Bombay Stock Exchange surged 92 points, or 0.27 per…
The conglomerate – controlled by billionaire Anil Agarwal – said the application was rejected for want of more clarifications and it was evaluating further course…
Trump threatened to launch a trade war if China fails to address the mounting trade deficit problem by opening its markets to US goods and…
Frankfurt/Milan: Cryptocurrency miners are moving in to Norway and Sweden to take advantage of cheap hydro-electric energy and low temperatures to power and cool their…
Mumbai: The impending exit of Axis Bank’s long-serving CEO will allow it to mend relations with regulators and investors, some analysts said, helping shares of…
New Delhi: E-way bill for movement of goods within the state will be rolled out from April 15, starting with 5 states including Gujarat, UP…
Also, a higher opening of domestic equities supported the rupee, but the dollar’s recovery against some currencies overseas, restricted the local unit’s upmove, forex dealers…
Mumbai: Benchmark BSE Sensex advanced over 130 points on Tuesday, continuing its rising streak for the fourth straight day, on firm global leads after Chinese…
New Delhi: It is for the Reserve Bank or ICICI Bank board to decide if bank CEO and Managing Director Chanda Kochhar, who is facing…
A bench of Chief Justice Dipak Misra, Justice A.M. Khanwilkar and Justice D.Y. Chandrachud sai that a public notice be issued in prominent dailies for…
Dhaka: Bangladesh and India signed an agreement in Dhaka on Monday on their proposed 129.5 km oil pipeline aimed at pumping Indian oil to Bangladesh…
New Delhi: India will shortly engage with the US on the issue of America’s latest protectionist measures that have unfolded the prospects of an all-out…
Mumbai: In an unusual move, Axis Bank Managing Director and CEO Shikha Sharma wanted her new term to be reduced to seven months from three-year…
Mumbai: New Delhi’s Indira Gandhi International Airport has jumped six notches to break into the league of the top 20 busiest airports in the world…
India imported 103.7 tonnes of gold in March 2017. Gold imports in the January to March quarter fell 32 percent from a year ago to…
New Delhi: Punjab National Bank (PNB) will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own…
Washington: The talk of India’s banking sector plunging into a financial crisis is nothing but “fear mongering” as the amount of fraud in the Nirav…
Investor sentiment got a further boost amid optimism ahead of the earnings season, which will begin later this week with Infosys’ January-March results on Friday.…
New Delhi: ICICI Bank Ltd’s board of directors is for the first time divided in its opinion about asking CEO and MD Chanda Kochhar to…
Washington: The talk of India’s banking sector plunging into a financial crisis is nothing but “fearmongering” as the amount of fraud in the Nirav Modi…
Frankfurt: Deutsche Bank named retail specialist Christian Sewing as its new chief executive officer with immediate effect on Sunday, signalling a possible retreat from almost…
Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade on Monday on sustained buying by domestic institutional investors amid firm Asian cues.…
Participating in a panel discussion organised by industry body CII, Economic Affairs Secretary Subhash Chandra Garg on Sunday said said the government is working on…
Kolkata: Binani Industries has decided to move the Supreme Court with an appeal to redeem the pledge of its assets in debt ridden subsidiary Binani…
The acquisition is a part of the Rs 295 crore investment approved by the Board in February last year, towards this specialty business, the company…
Mumbai: Two-wheeler loans witnessed an impressive 32 per cent growth in 2017 led by non-bank lenders, and Gujarat had the highest incidence of non-payments by…
Mumbai: Retail investors in the country have the strongest level of trust in the financial services industry, almost 30 percent higher than the global average,…
Mumbai: AirAsia India has expanded its fleet size to 18 planes with the induction of a new Airbus A320, which will help it add new…
New Delhi: Delhiites can expect fewer power cuts this summer, as power distribution companies have agreed to meet deficit in certain slots through inter-discom transfers,…
Acting on a complaint of Sandhya Dyes & Chemicals, the Directorate General of Anti-Dumping and Allied Duties (DGAD) had carried out a probe into the…
New Delhi: NITI Aayog Vice Chairman Rajiv Kumar on Sunday pitched for building ‘performance indicators’ for the devolution of funds to states. Kumar also said…
Officials said the SIT recently held a meeting in the national capital during which it was briefed about the overall scenario of the operations of…
New Delhi: The worst is over for PNB and it will come out of the mess created by the Nirav Modi fraud case in six…
The MSME Ministry also plans to rope in top designers for the super premium segment products with the help of Textiles Ministry. PTI Updated:April 8,…