Business News
Anupam ChatterjeeMay 18, 2019
As reported recently, power producers have also complained that various subsidiaries of Coal India have “suddenly and unilaterally” increased floor prices (reserve price) at which these auctions begin.
ENS Economic BureauMay 18, 2019
According to the BSE website, Ashok Chawla, non-executive - independent director, and Sharad Sharma, non-executive — independent director, are the only remaining two directors on the Jet board. Chawla was former Union Finance Secretary and
Arun NayalMay 18, 2019
Jet’s overseas rights on some routes allocated to other airlines Subscriber Only
“At this stage, we are in the process of securing the necessary approvals to operate into China, and as soon as we receive all the requisite permissions from the government to operate, we will inform
ENS Economic BureauMay 18, 2019
Lok Sabha Election Exit Poll Results 2019: Asian markets were mixed on Friday as another rally on Wall Street and data indicating a strong US economy were offset by the increasingly tense trade and technology
Shaju PhilipMay 18, 2019
Kerala first Indian state to tap into masala bond market Subscriber Only
A brainchild of state Finance Minister Thomas Issac, the proceeds from the bond issue are slated to be used to part-finance the rebuilding of infrastructure in Kerala that was devastated by last year’s floods.
PTIMay 17, 2019
The Central Statistics Office (CSO) had in February revised downwards the growth estimate for 2018-19 fiscal from 7.2 per cent to 7 per cent -- the lowest in five years.
PTIMay 17, 2019
In April, Allied requested Sebi to annul certain contract expiring in June citing that those cannot be hedged due to the regulator's interim order.
PTIMay 17, 2019
Replying to an RTI query, the Finance Ministry said India and Switzerland share information on black money on a case to case basis as per the investigations being carried out.
PTIMay 17, 2019
A three-member bench of the NCLAT headed by Chairman Justice S J Mukhopadhaya asked the lenders to conduct a fresh voting from May 31.
PTIMay 17, 2019
N K Singh noted that fiscal rectitude is an important inter gradient in sustaining long term economic growth and is the core of long term macro economic stability.
ReutersMay 17, 2019
Bentonville, Arkansas-based Walmart called out the impact of tariffs on consumers after Macy's Inc delivered a similar warning on Wednesday
May 17, 2019
Investors stunned as two China companies say $6.1 bn is missing Subscriber Only
The disappearance of a combined $6.1 billion from two Chinese companies has dumbfounded investors and forced regulators to take action.
ReutersMay 17, 2019
Pinterest's sales outlook was a disappointment said Forte, especially given the high expectations reflected in the run up in shares.
PTIMay 17, 2019
The blockade on Qatar and withdrawal of 28 weekly flights between Doha and cities of New Delhi and Mumbai has increased the pressure on available seat capacity in Qatar-India routes, the airline said.
PTIMay 17, 2019
The 30-share index was trading 201.24 points, or 0.54 per cent, higher at 37,594.72. The broader NSE Nifty was also trading 57.20 points, or 0.51 per cent, up at 11,314.30.
ReutersMay 17, 2019
"That is why, going forward, all expenses of any kind anywhere in the word, including parts, salary, travel expenses, rent, literally every payment that leaves our bank account must (be) reviewed," Musk said.
ENS Economic BureauMay 17, 2019
The bank came out of the Prompt Corrective Action framework in January this year. NII is the difference between interest earned and interest paid by a bank.BOI shares ended up 1.94 per cent for the
ENS Economic BureauMay 17, 2019
It was announced earlier that PNB would enter into an agreement for sale of over 1.08 crore equity shares held in PNB Housing Finance to General Atlantic Group at a per share price of Rs
ENS Economic BureauMay 17, 2019
The Infosys Expanded Stock Ownership Program 2019, under which grants will vest based on performance, aims to align employee interest with shareholder value creation, incentivize, attract and retain key talent, and reward employee performance with
ENS Economic BureauMay 17, 2019
Meanwhile, the RBI is also considering new limits on the liquidity mismatches that NBFCs operate with as part of its plan to nudge them towards more stable sources of funding, banking sources said. NBFCs’ asset-liability
Prabha RaghavanMay 17, 2019
According to a notification issued on Thursday by the CDSCO, the practice of changing the key therapeutic ingredients in a drug formulation without changing the brand name “is not only misleading but may also result
Pranav MukulMay 17, 2019
IndiGo promoters’ rift surfaces during shareholder pact talks Subscriber Only
As per the shareholding pattern declared by Interglobe Aviation, as of March 31, Bhatia, his family and his holding company Interglobe Enterprises held around 38 per cent stake, while Gangwal, his family and his entity
PTIMay 16, 2019
At the interbank foreign exchange market, the rupee opened at 70.26 per dollar and advanced to a high of 69.99 during the day. It finally settled at 70.03, up 31 paise against its previous close
PTIMay 16, 2019
Both the key indices rallied in the last hour of trade after trading on a tepid note through most part of the day.
PTIMay 16, 2019
The CEO said the company would continue its focus on creating value for all shareholders, customers, employees and the communities it serves.
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