Business News
PTIJun 13, 2019
Fast-track courts shall have to be vested with more powers to recover bad loans and stringent laws should be enacted to ensure more recoveries, the unions said in a letter to the finance minister.
ReutersJun 13, 2019
Between March and May, bitcoin more than doubled in price, an ascent peppered by double-digit price swings reminiscent of its 2017 bubble, which was driven by smaller retail investors.
PTIJun 13, 2019
Cash-starved Jet Airways suspended operations in April and lenders are working on ways for revival of the airline.
PTIJun 13, 2019
PWC cited the companies' failure to convene audit committee meetings within the expected time, despite multiple letters of intent sent to them, as one of the reasons for the resignation, the firms had informed stock
PTIJun 13, 2019
Moody's Investors Service has placed Yes Bank's ratings under review for a possible downgrade citing its high exposure to the struggling NBFC and realty sectors.
APJun 13, 2019
In the future, the company wants to land drones atop parked vehicles near delivery locations and secure them to the vehicle for the final mile of the delivery.
PTIJun 13, 2019
The final and last approval for the Adani Group's long-delayed billion dollar mega coal mine project came weeks after a surprise election win of Australia's pro-coal ruling coalition led by Prime Minister Scott Morrison.
Sandeep SinghJun 13, 2019
Mystery loss of post-dated cheques: one more Ansal, IL&FS link Subscriber Only
PenBrook is a joint venture of Mumbai-based real estate company Peninsula Land and Canada-based investment firm Brookfield. Sources said IL&FS Trust Company Ltd, (now called Vistra ITCL after it was acquired by Vistra in 2016),
ENS Economic BureauJun 13, 2019
Mobile operators, who are making record investments in purchasing spectrum and rolling out network equipment, are grappling with this challenge and have called out the authorities to crack down on these installations and take strict
ENS Economic BureauJun 13, 2019
Shares of Reliance Capital fell 6.82 per cent to close at Rs 87.50 on the BSE. Reliance Home Finance declined 3.94 per cent at Rs 17.05.
Amitav RanjanJun 13, 2019
Imported steel to undergo higher domestic value addition Subscriber Only
These provisions would also kick in for government agencies whose annual procurement of iron and steel products for various projects is Rs 25 crore or more.
ENS Economic BureauJun 13, 2019
The Council pointed out several flaws in Subramanian’s analysis, arguing that he used questionable proxy indicators and his research did not allow for GDP increases on the basis of productivity gains.
ENS Economic BureauJun 13, 2019
Retail inflation, based on Consumer Price Index (Combined) climbed higher to a seven-month high of 3.05 in May on the back of rise in food inflation, separate set of data released by MoSPI showed.
Amitav RanjanJun 13, 2019
Government sanctions relief supply of fertilisers to Nepal Subscriber Only
The G-2-G pact was pending since December 4, 2018, when Nepal submitted the first draft of the proposed memorandum of understanding. It was resubmitted on May 2 after a meeting of officials of both nations
ENS Economic BureauJun 13, 2019
“The shareholders of the target company are advised to independently evaluate the open offer and take an informed decision about tendering the equity shares held by them in the open offer,” said a BSE filing
PTIJun 12, 2019
Cash-starved Jet Airways suspended operations in April and lenders are working on ways for revival of the airline.
PTIJun 12, 2019
Retail inflation spiked to 3.05 per cent in May from 2.99 per cent in April, government data showed. Brent crude futures, the global oil benchmark, fell 2.49 per cent to USD 60.74 per barrel.
PTIJun 12, 2019
As per the data, inflation in the food basket rose to 1.83 per cent in May, higher than 1.1 per cent in April.
PTIJun 12, 2019
The Index of Industrial Production had expanded by 4.5 per cent in April 2018. The expansion in the mining sector was 5.1 per cent compared to 3.8 per cent in the year-ago month.
PTIJun 12, 2019
The Economic Advisory Council will examine in detail the estimates made in Subramanian and come out with a point-by-point rebuttal in due course, it said in a statement.
PTIJun 12, 2019
PWC has put in its resignation, with effect from June 11, 2019, citing unsatisfactory response to "certain observations" made by it as a part of the ongoing audit for fiscal 2018-19
Express Web DeskJun 12, 2019
IndiGo is one among the fastest growing budget carriers in the world, with over 200 aircraft in its fleet. The airline offers about 1,400 daily flights and connects 54 domestic and 18 international destinations.
ReutersJun 12, 2019
Customers were snapping up Patanjali Ayurved's affordable, Indian-made products such as coconut oil and ayurvedic remedies, in a mounting threat to foreign companies that had bet big on India.
ReutersJun 12, 2019
Narasimhan's initial priorities will be to focus on delivering outperformance, especially in the health business unit, and to drive the Lysol maker's plan to split the firm into two business units under the same company.
PTIJun 12, 2019
On June 7, the infrastructure major Larsen & Toubro announced a Rs 5,030-crore open offer to acquire an additional 31 per cent stake in mid-tier IT company Mindtree at a price of Rs 980 per
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