Mumbai: Amid the crisis at Punjab & Maharashtra Cooperative Bank (PMC), HDFC chairman said it is “brutally unfair” we have regular loan waivers and corporate…
Confederation of All India Traders has alleged that e-commerce companies are following unethical business model and are infringing foreign direct investment norms. Image for Representation…
Tomato prices have shot up to Rs 80 per kg in retail markets in Delhi and the national capital region (NCR) due to supply disruption…
DHFL shares hit lower circuit as well as 52-week low on both the stock exchanges and settled on the same. DHFL has been severely impacted…
New Delhi: About half a dozen public sector banks, including Bank of India, Oriental Bank of Commerce and Bank of Maharashtra, have reduced lending rates…
New Delhi: Shares of telecom companies on Thursday rose up to 6 per cent in the wake of Reliance Jio deciding to levy call connect…
New Delhi: Strengthening bilateral cooperation in trade facilitation and creation of favourable condition for expanding two-way commerce can help in reducing the trade imbalance with…
New Delhi: India is pressing ahead with talks to join a China-led free trade pact, officials said on Thursday, despite some domestic producers’ concerns that…
Revenue of the Mumbai-based firm grew 5.8 per cent to Rs 38,977 crore in the July-September quarter compared with Rs 36,854 crore in the same…
Mumbai: Equity benchmark BSE Sensex plunged 297 points on Thursday, dragged by heavy losses in banking, auto and metal stocks amid muted earnings outlook. After…
New Delhi: Hiring activity has seen a rise of 8 percent in September on the back of strong growth in the IT sector, while auto…
In a regulatory filing on Thursday, Lakshmi Vilas Bank said the bank acknowledges the decision of Apex bank. File photo of lakshmi Vilas Bank. (Twitter/…
Thanks to 88 biggest defaulters in the country, public sector banks in India have virtually lost Rs 1.07 lakh crore in bad debts. On an…
The terms of reference of the panel include making suggestions about systemic changes in goods and services tax (GST) including checks and balances to prevent…
New Delhi: Shares of telecom companies on Thursday rose up to 7 per cent in the wake of Reliance Jio deciding to levy call connect…
In his new role, Vikas will lead initiatives related to new partnerships and development of digital payments solutions in the country, a company statement said.…
Lending rates in India have started coming down significantly as banks link their loan rates to the Reserve Bank of India’s repo rate. But before…
Sitharaman, who was to hold a press briefing on the Maharashtra elections, delayed the press conference and talked to the protesters. Finance minister Nirmala Sitharaman…
New Delhi: Moody’s Investors Service on Thursday slashed its 2019-20 GDP growth forecast for India to 5.8 per cent from 6.2 per cent earlier, saying…
Chief Minister Pinarayi Vijayan said the ‘Kerala Bank’ would be formed amalgamating the district co-operative banks (DCBs) with Kerala State Co-operative Bank. (Image: Twitter) Thiruvananthapuram:…
Small accountholders at State Bank of India (SBI) received a jolt when the public sector lender reduced the interest rate on savings bank account with…
New Delhi: In the last three years, the Indian banking system has lost Rs 1.76 lakh crore on account of non-performing loans of 416 defaulters…
Indiabulls Housing Finance (IBHF) stock tumbled 18.02 per cent to trade at Rs 197 on the BSE. In early trade, the scrip touched its 52-week…
The IRCTC IPO had closed on October 03 and was subscribed nearly 112 times on the back of strong demand across investor categories. Screen grab…
Mumbai: The Indian rupee appreciated by 20 paise to 70.87 against the US dollar in early trade on Thursday, as easing crude prices and optimism…
IT major Tata Consultancy Services Ltd (TCS) will be kick-starting the earnings season on Thursday as it announces its September quarter (Q2) results after-market trading…
Mumbai: Equity benchmark BSE Sensex dropped over 150 points on Thursday tracking losses in banking stocks amid unabated foreign fund outflow. The 30-share index was…
Mumbai: The State Bank Group on Wednesday revised its marginal cost of funds-based lending (MCLR) rates by a marginal 10 basis points across all tenors…
New Delhi: Reliance Infrastructure (RInfra) on Wednesday announced the appointment of Anil Ambani’s sons Anmol and Anshul as Directors of the company. Their appointment is…
Shares of Johnson & Johnson dipped 2% on Wednesday after a jury awarded $8 billion in punitive damages to a man who accused the drugmaker…
New Delhi: Finance Minister Nirmala Sitharaman will hold a review meeting with CEOs of public sector banks (PSBs) next week to discuss various issues, including…
The banks had sought approval from the Reserve Bank of India (RBI) on May 7, 2019. File photo of lakshmi Vilas Bank. (Twitter/ @GST_Accountant) New…
Mumbai: Refuting claims of its weak financial position, national insurer Life Insurance Corporation (LIC) on Wednesday assured its millions of policyholders that their money is…
New Delhi: Equity mutual funds witnessed a net inflow of around Rs 6,489 crore in September, the lowest in the last four months, due to…
Mumbai: Equity benchmark BSE Sensex surged over 645 points to close at 38,177.95 on Wednesday, propelled by gains in banking, financial and metal stocks. After…
New Delhi: After onions, retail price of tomatoes shot up to Rs 80 per kilogram in the national capital on Wednesday due to supply disruption…
New Delhi: The government has initiated a probe into alleged subsidised exports of a particular glass category from Malaysia, which is impacting the domestic industry.…
This is the sixth time that the country’s largest lender has cut its MCLR or minimum lending rate in the current financial year. Image for…
On the BSE, the stock of the company fell 4.73 per cent to its lower circuit limit of Rs 3.02, which was also its 52-week…
New York: Leading American multinational corporation Halliburton will pay USD 275,000 to two of its Muslim employees of Indian and Syrian-origins who were subjected to…
Indian stocks were trading with mild gains in early noon session amid high volatility on Wednesday, i.e. October 9. At 11:25 am, the S&P BSE…
The ministerial panel formed for the purpose of Air India divestment is also likely to meet soon to clear the privatization process, said the report.…
Mumbai: Equity benchmark BSE Sensex and NSE Nifty were trading on a cautious note in morning trade on Wednesday amid growing uncertainty over US-China trade…
Mumbai: The Indian rupee opened on a cautious note and fell 20 paise to 71.22 against the US dollar in early trade on Wednesday tracking…
Washington: Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief…
Union Environment minister Prakash Javadekar said the government has prepared a national clean air programme for 122 cities of the country under which schemes for…
New Delhi: E-commerce companies such as Flipkart and Amazon could generate up to USD 6 billion or Rs 39,000 crore in sales this festive season,…
In March, the government had announced the Rebate of State and Central Taxes and Levies on Export of Garments and Made-ups (RoSCTL) scheme which provides…
New Delhi: A top tax official, who reportedly made unprecedented attack on CBDT Chairman alleging victimisation, has been promoted to the apex grade equivalent to…
New Delhi: WeWork India, owned by realty firm Embassy Group, is foraying into Noida market, and has taken on lease over 3 lakh sq ft…
Breaking away from the traditional stance, RSS chief Mohan Bhagwat for the first time on Tuesday voiced his support for the government’s decision to boost…
Nagpur: Dismissing all fears of recession even as India stares at a fast-spiraling economy, RSS Chief Mohan Bhagwat Tuesday said that the Centre has tackled…
New Delhi: E-commerce firm Snapdeal on Monday said it has recorded 52 percent growth in terms of volume during its first Diwali season sale over…
Mumbai: The rupee depreciated by 14 paise to close at 71.02 against the US dollar on Monday as profit booking in domestic equities and unabated…
New Delhi: Shares of Yes Bank rallied over 8 per cent on Monday on prospects of fresh investments in the company. Shares of the private…
At 3:10pm, shares of Aurobindo Pharma were trading at Rs 460.85, down 18.8%, after hitting an intra-day low of Rs 459.20. The stock has lost…
Oyo, which operates in over 80 countries, is expanding in the United States and Europe, where it runs vacation rentals. Most of the money will…
India and Taiwan equities received strong foreign inflows in September due to some local factors, but other regional markets saw outflows on concerns over the…
Mumbai: Equity benchmark BSE Sensex declined by 141 points after a volatile session on Monday, dragged down by losses in index heavyweights ITC, TCS, L&T,…
Mumbai: The Punjab & Maharashtra Cooperative Bank (PMC) scam points to the urgent need to massively increase the depositor insurance cover from the present Rs…
New Delhi: After registering a money laundering case against HDIL chairman Rakesh Wadhawan and his son Sarang Wadhawan in the ₹4,355 crore Punjab Maharashtra Cooperative…
ICRA said it expects Coal India, which has missed annual production targets over the last few years, to fall short of its 2019/20 production forecast…
The European Commission is now racing to wrap up the two-year investigation into the brand owner of IKEA, known for its giant out-of-town budget furniture…
New Delhi: Anglo-Dutch FMCG giant Unilever on Monday announced new commitments to reduce plastic waste and said by 2025 it will eliminate more than 1,00,000…
Indian stock markets were trading in the positive zone on Monday, i.e. 7 October, on positive Asian cues. At 12:15 pm, the 30-share S&P BSE…
At 11:24 am, Glenmark Pharma shares were trading at Rs 287.75, down 8.8%, after hitting the day’s low of Rs 285. The stock has corrected…
Forex traders said rising demand for the US dollar vis-a-vis other currencies overseas also weighed on the domestic currency. Representative image (Reuters) Mumbai, Oct 7…
Mumbai: Equity benchmark BSE Sensex opened on a highly volatile note on Monday as weak domestic and global cues weighed on investor sentiment amid sustained…
India’s Oyo Hotels and Homes shot out of nowhere to become one of the world’s largest hotel chains with a simple promise of “hassle-free” online…
Indian stock markets are gearing up for the earnings season yet again. The holiday-shortened week will see IT bellwethers Infosys and Tata Consultancy Services Ltd…
Singapore: Oil prices fell on Monday, extending last week’s heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth…
HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month. Pedestrians walk past a…
New Delhi: Foreign portfolio investors have offloaded equities worth around Rs 3,000 crore in just three trading sessions of October amid fears of global recession…
Mumbai: Economic growth has probably reached a trough and the pace of GDP expansion will start rising by January next year, HDFC Bank managing director…
Each e-store will provide all festival essentials in one place – making shopping for traditional items simple and convenient, said a spokesperson of the online…
Mumbai: The post-budget measures announced by the government and the ongoing festive season have renewed the hopes of alloy major JSW Steel of better days…
New Delhi: Bringing an ordinance to ban e-cigarettes was an urgency as vaping was turning into an epidemic amongst the youth and allowing such products…
New Delhi: The RBI is likely to cap its record interest rate cutting sphere with another 0.25 percentage points reduction in December before hitting a…
New Delhi: Prices of CNG and piped cooking gas in the national capital and adjoining cities have been cut after a 12.5 per cent reduction…
The other area which needs special focus is matching regulatory framework with global best practices, Deloitte partner Joydeep Datta Gupta said. A file photo of…
Directorate General of Trade Remedies said that IG Petrochemicals Ltd and Thirumalai Chemicals Ltd have alleged that increase in imports of Phthalic Anhydride from South…
New Delhi: Ahead of a proposed move to fully privatise state-owned fuel retailer Bharat Petroleum Corp Ltd (BPCL), the government had quietly repealed the legislation…
New Delhi: State-owned power firms NHPC, NTPC, NEEPCO and THDCI along with few private sector players are likely to bid for Jal Power Corporation’s stressed…
New Delhi: The country’s top-12 major ports have recorded a marginal 1.48 per cent upswing in cargo handling at 348.44 million tonne (MT) in the…
New Delhi: The finance ministry will kick-start the exercise to prepare annual Budget for 2020-21 from October 14 which, among other thing, will have to…
According to the RBI data, Current Situation Index (CCI) dropped to 89.4 in September from 95.7 recorded in the July round of survey. A Reserve…
New Delhi: Seven of the 10 most valued domestic companies suffered a combined erosion of Rs 1 lakh crore in their market valuation last week…
Kochi: Kerala has emerged as one of top start-up destinations in the country, according to a report compiled by digital media platform Inc 42 in…
Singapore: Doors remain open in India for further policy easing in December and likelihood of more into 2020, possibility of which was flagged recently, according…
New Delhi: The Enforcement Directorate (ED), which carried out raids at six locations in Mumbai on Friday in connection with the Punjab and Maharashtra Cooperative…
New Delhi: E-commerce giants Amazon.in and Walmart-owned Flipkart on Friday said they have seen record growth in the first phase of their festive sales, on…
New Delhi: The Cabinet has approved a new process of strategic disinvestment with a view to expediting privatisation of select PSUs, officials said on Friday.…
He was responding to a slew of questions on how RBI was caught napping as the scam at the leading cooperative bank was going on…
The Chennai-based company, India’s second largest commercial vehicle-maker, had also shut down five plants last month amid falling demand for its products. Image For Representation…
New Delhi: Rate-sensitive bank, auto and realty stocks fell by up to 5 per cent on Friday after the RBI slashed the country’s economic growth…
New Delhi: IT services firm Tech Mahindra on Friday said it has signed an agreement with ‘Startup Bangladesh’ to foster the growth of digital startup…
Indian stock markets witnessed some correction this week, mainly weighed down by concerns over declining asset quality in India’s banking sector. The Reserve Bank of…
Mumbai: Equity benchmark BSE Sensex plummeted 434 points on Friday, dragged by heavy losses in banking stocks after the RBI slashed the country’s economic growth…
Mumbai: Placing Lakhsmi Vilas Bank under the prompt corrective action framework cannot be construed as RBI having made up its mind on the lender’s merger…
As was expected widely, the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) on Friday cut the benchmark policy rate by 25 basis points…
Mumbai: The rupee pared its early morning gains and was trading marginally down by 2 paise at 70.89 against the American currency, after the Reserve…
Mumbai: Equity benchmark BSE Sensex dropped over 200 points in afternoon session on Friday, after the RBI sharply cut the country’s economic growth projection for…
The budget has set the fiscal deficit target at 3.3 percent of GDP for the current fiscal but the steeply falling GST collections and the…
As per media reports, the government might seek an interim dividend of about Rs 30,000 crore from the RBI towards the end of the financial…
The new move will give impetus to online payments, and help banks manage funds better. File photo of RBI Governor Shaktikanta Das. (Reuters) The Reserve…
Mumbai: The Reserve Bank of India on Friday cut interest rates for the fifth time this year to kickstart the languishing economy as it slashed…
Mumbai: The Reserve Bank of India on Friday cut interest rates for the fifth time this year to kickstart the languishing economy as it slashed…
Indian stocks snapped four-day losing streak to trade higher on Friday, i.e. 4 October, ahead of the Reserve Bank of India’s monetary policy review decision…
India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since early 2018, according to a private…
Mumbai: The Indian rupee appreciated by 9 paise to 70.78 against the US dollar in early trade on Friday ahead of the Reserve Bank of…
Mumbai: Equity benchmark BSE Sensex jumped over 250 points in early trade on Friday, driven by gains in banking and financial stocks ahead of the…
All eyes will be on the Reserve Bank of India (RBI) on Friday as its Monetary Policy Committee (MPC) led by governor Shaktikanta Das announces…
Mumbai: The Reserve Bank of India is likely to in the next few hours deliver its fifth reduction in key interests, given the consumer inflation…
The meeting assumes significance as India and the US are negotiating a bilateral trade deal to boost two-way commerce. File photo of Piyush Goyal New…
New Delhi: Around 53 per cent of top Indian companies have a male to female employee ratio of 10:1 or worse and 70 per cent…
According to the the Union Housing and Urban Affairs Ministry, the new interest rate has come into force from October 1. Image for representation. New…
Mumbai: The Reserve Bank of India is likely to go for yet another rate cut on Friday, the fifth in a row, as inflation is…
Mumbai: The international Credit Rating Agency Moody’s on Thursday warned of downgrading Bharat Petroleum Corporation (BPCL) to Ba1, if the government goes ahead with privatisation…
New Delhi: The Economic Offences Wing (EOW) of the Mumbai Police on Thursday arrested the promoters of the firm HDIL — Sarang Wadhawan and Rakesh…
New Delhi: The 12.5 per cent cut in domestic natural gas price is credit negative for India’s biggest producer ONGC as its earnings will fall…
Mumbai: Equity benchmark Sensex furthered losses to the fourth session in a row on Thursday, dropping about 199 points as financial sector trouble and renewed…
New Delhi: With the biggest attack ever on the Saudi oil industry creating volatility in the market, Petroleum Minister Dharmendra Pradhan on Thursday said securing…
Besides Choksi, his wife, Priti Choksi, and directors of Gitanjali Gems have also been given notices by the bank. File photo of Mehul Choksi. Mumbai:…
Yes Bank Ltd shares staged a strong recovery on Thursday after CEO Ravneet Gill told a conference call that the recent slide was due to…
New Delhi: Steered by a decisive leadership, India now has a significantly enlarged global profile and the stage is set for the country to realise…
The announcement comes one week after Imperial issued a gloomy profit warning, blaming the ‘challenging’ next generation products market in the US, as well as…
Mumbai: Onion prices declined below Rs 30 per kg level at Lasalgoan in Maharasthra, Asia’s largest wholesale market for the bulb crop, after the government…
Mumbai: Rajat Monga, the senior group president and former chief financial officer at the troubled lender Yes Bank, has quit, chief executive Ravneet Gill said…
In a move that would majorly impact banking services in rural areas, State Bank of India (SBI) and Bank of Baroda (BoB) have limited the…
New Delhi: The government should provide more stimulus to the industry and bring down personal tax rates to boost slowing growth rate of the economy,…
Indian stock markets traded weak on Thursday on weak Asian cues. At 11:08 am, the benchmark S&P BSE Sensex was down 203.70 points, or 0.5%,…
New Delhi: Shares of IndiGo on Thursday slumped over 2 per cent after one of the main promoters Rahul Bhatia moved for arbitration proceedings amid…
Public sector firm Energy Efficiency Services Ltd (EESL) is planning an initial public offering (IPO) next year to fund its energy programmes, according to a…
Lakshminarayanan comes with 35 years of experience in a broad range of leadership roles across industries and regions across the world, the company said in…
Mumbai: Falling for the third straight session, the BSE Sensex declined over 151 points in opening trade on Thursday following weak asian markets amid fresh…
Forex traders said weak opening in domestic equities and rising demand for the US dollar vis-a-vis other currencies overseas also weighed on the domestic currency.…
The move to reassure investors comes after the bank’s stock this week plunged nearly 23 percent to its lowest close in over a decade, as…
New Delhi: There is near unanimity among analysts and market watchers that the Reserve Bank of India (RBI) will announce a cut in lending rates…
London: Stock markets tumbled Wednesday as worse-than-expected US data revived worries about the impact of the US-China trade war on the global economy. London was…
Hyderabad: Describing the recent corporate tax cut as a signal to structural reforms, Chief Economic Advisor KV Subramanian on Wednesday said the government needs to…
New Delhi/Bhubaneswar: Flooding at one of Coal India Ltd’s largest open-pit mines will halt production there for at least a month, a senior company official…
Seoul: Samsung Electronics Co Ltd (005930.KS) has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in…
mumbai/Dhaka: From Kathmandu to Colombo, it’s a kitchen nightmare: Onion prices have gone crazy. That’s because India, the world’s biggest seller of the Asian diet…
New Delhi/Berne: As India steps up its crackdown on suspected black money stashed abroad, Switzerland has issued public notices to former IPL commissioner Lalit Modi…
London: Britain’s biggest retailer Tesco said Wednesday that CEO Dave Lewis will step down next year, and will be replaced by Walgreens Boots Alliance executive…
Mumbai: The suspended managing director of Punjab and Maharashtra Cooperative (PMC) Bank, Joy Thomas, has blamed the auditors for the mess at the bank, accusing…
Mumbai: The Reserve Bank of India is expected to cut benchmark interest rates for the fifth time this year on Friday as recent fiscal measures…
The merger will make the new entity the second-largest bank in the country after the State Bank of India (SBI) with a total business volume…
New Delhi: IndiGo promoters — InterGlobe Enterprises and Rahul Bhatia — have sought arbitration proceedings in London against the backdrop of differences with co-promoter Rakesh…
London: Britain launched an investigation on Tuesday into the auditors who signed off on accounts for the now-bankrupt holiday giant Thomas Cook, as the company’s…
Mumbai: Punjab and Maharashtra Co-operative Bank (PMC) used more than 21,000 fictitious accounts to hide loans it made, according to a police complaint lodged by…
The statement hours after the Nifty Bank index tanked by 1.30 per cent in intra-day trade amid a barrage of negative news from the sector,…
Manchester: British Prime Minister Boris Johnson confirmed on Tuesday that Britain will make firm proposals for a new divorce deal with the European Union within…
The data released said that the revenue during September declined by 2.67 percent in comparison to the revenue collected in the same month a year…
New Delhi: Dewan Housing Finance Corporation Limited (DHFL) shares plummeted 20 per cent on Tuesday amid concerns over its possible exposure to HDIL and Punjab…
New Delhi: Housing supply and demand fell by 4 per cent and 1 per cent, respectively, in the July-September period across seven major cities, according…
New Delhi: Shares of Yes Bank went into a tailspin on Tuesday despite a positive opening, tumbling nearly 23 per cent, amid worries over stress…
Mumbai: The BSE benchmark Sensex plunged nearly 362 points on Tuesday due to an across-the-board sell-off as financial sector woes, auto sales slump and weak…
Bhubaneswar: The Mahanadi Coalfields Ltd (MCL) said it suffered a loss of Rs 2.68 crore due to agitation over the death of a goat. The…
Mumbai: The RBI on Tuesday began its rate-setting huddle amid widespread expectations that the Monetary Policy Committee (MPC) headed by Governor Shaktikanta Das would slash…
Indian stock markets were trading volatile on Tuesday swinging between negative and positive territories. At 1:26 pm, the benchmark S&P BSE Sensex was down 114.63…
Singapore: The Reserve Bank of India is likely to cut repo rate this week by half of the 40 bps expected in this quarter, Singapore’s…
The scrip came under massive selling pressure in afternoon trade, giving up its early gains and plunged 19.90 per cent to Rs 33.20 — its…
Bengaluru: Indiabulls Housing Finance Ltd’s shares extended their slide on Tuesday and hit a more than five-year low, as remarks from the mortgage lender following…
Backed by strong demand from retail investors, the Rs 645 crore initial public offering (IPO) of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) was…
Bengaluru: Growth in India’s manufacturing sector remained weak in September and forward looking indicators in a private business survey suggest the country’s wobbly economy is…
On Monday, rupee had settled for the day at 70.87 against the US dollar. Representative Image (Reuters). Mumbai: The Indian rupee appreciated by 12 paise…
Bengaluru: Recent stimulus measures announced by the government will be insufficient to boost economic growth significantly, said a majority of economists in a Reuters poll…
New Delhi: The Indian stock market opened with minor gains on Tuesday with Bharat Petroleum Corporation (BPCL) and ICICI Bank emerging as top gainers. The…
IRCTC’s public offer to raise about Rs 645 crore received bids for 1.63 crore shares as against the total issue size of two crore shares,…
Mumbai: Frenetic large cash withdrawals by a few large depositors of the now crippled Punjab & Maharashtra Cooperative in the third week of September following…
New Delhi: The government has issued a look out circular against two directors of realty firm HDIL after preliminary findings allegedly revealed financial irregularities at…
Mumbai: Massive erosion of wealth due to poor performance leading to frequent rating downgrades has forced irate shareholders of the Anil Ambani Group companies to…
In April this year, Indiabulls Housing Finance (IBHF) had announced the proposed merger in April and applied for the RBI nod in May. Image for…
Mumbai: The Mumbai Police on Monday filed a case against the former bank management and promoters of HDIL in the Punjab and Maharashtra Cooperative Bank…
At present, the Bengaluru-based airline, which has limited operations from the city, flies from the international terminal (T2) of the Mumbai airport. Image for Representation.…
Mumbai: The country’s external debt stood at USD 557.4 billion in the June quarter, an increase of USD 14.1 billion over the quarter ended March…
Mumbai: Lower crude prices and higher invisible receipts have helped the country narrow the current account deficit to 2 percent of GDP or at USD…
New Delhi: The government on Monday cut domestic natural gas price for the first time in two-and-a-half years but rates for gas produced from difficult…
New Delhi: Shares of Yes Bank came under intense selling pressure on Monday to close 15 percent lower amid concerns over its exposure to Indiabulls…
New Delhi: Sebi on Monday slapped penalties totalling Rs 41 lakh on 41 entities for fraudulent trading in the shares of Channel Guide (India) Ltd,…
The minister said his government’s target is to increase MSMEs’ present share of 29 percent in the GDP to 50 percent and raise its export…
Connaught Plaza Restaurants Pvt Ltd, which is owned by McDonald’s and operates the company’s restaurants in the region would now serve food ordered through its…
Mumbai: The Indian rupee declined 31 paise to close at 70.87 against the US dollar on Monday amid rising demand for the greenback vis-a-vis other…
New Delhi: India’s Gross Domestic Product (GDP) estimation since 2012 has remained high and is not over-stated, despite weak export or import, due to investments…
New Delhi: In a fresh notification issued on Monday, the Reserve Bank of India (RBI) superseded the Board of Punjab and Maharashtra Cooperative Bank and…
The eight core sector industries — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity — has been recorded at minus 0.5%…
New Delhi: India’s real GDP growth for the current financial year is likely to be 5.2 percent as muted business confidence, subdued demand conditions and…
The company’s product is the generic version of Pfizer Inc’s Viagra tablets in the same strengths, Lupin said. Representative Image (Photo Credit: AFP) New Delhi:…
Mumbai: Private sector lender HDFC Bank on Monday took the battle on consumption straight to e-commerce majors with a three-month-long campaign offering best deals on…
Mumbai: Equity benchmark Sensex fell over 155 points on Monday to close at 38,667.33 due to a massive sell-off in banking stocks as investors turned…
New Delhi: Terming the Punjab and Maharashtra Cooperative (PMC) Bank crisis an “eye opener”, Minister of State for Finance Anurag Thakur on Monday said the…
Mumbai: HDFC Bank on Monday asserted there is no stress on its credit portfolio because of the slowdown and it sees the current phase as…
New Delhi: Capital markets regulator Sebi has eased its norms for buyback of shares by listed companies, especially those having subsidiaries in housing finance and…
Gehlaut promised RBI that he and other corporate promoters of Indiabulls Housing Finance would declassify themselves from being the promoter group in the new amalgamated…
Indiabulls Housing Finance Ltd shares cracked over 38% on Monday on the apprehensions that the proposed merger with Lakshmi Vilas Bank Ltd could face a…
In June, auditors raised several red flags around the company’s fourth-quarter results, including a lack of clarity in related party transactions and accounting methodology. File…
Indian stock markets were trading in the negative territory on Monday with heavy selling seen in banking shares. At 11:27 am, the S&P BSE Sensex…
Forex traders said increasing demand for the US dollar vis-a-vis other currencies overseas and rising crude oil prices weighed on the domestic unit. Representative Image…
Mumbai: The BSE benchmark Sensex plunged over 310 points in opening trade on Monday due to sell-offs mainly in financial, metal and auto stocks amid…
