Business

While directing Volkswagen to pay the fine within two months, NGT on March 7 had said that the funds will be utilised towards improving air quality in the NCR of Delhi and other highly polluted

On April 7, income tax officers raided 52 locations, including in Delhi and Madhya Pradesh, linked to close aides of Nath and others for alleged tax evasion and hawala transactions.

Blackstone said it will initially buy 51 per cent from Ashok Goel Trust at Rs 134 per share and will eventually do an open offer to acquire an additional 26 per cent stake at Rs

The bidding process to these assets, having 12 sites spread across seven states, was launched in November last year.

“The views/approval of ONGC, holding company of HPCL, on the proposal for grant of Maharatna status to HPCL is not available in the proposal,” said the DPE Letter.

Much of the hiring happening at public-sector banks now is on a contract basis for specialised roles. Bank of Baroda (BoB) currently has 1,047 openings for such roles.

Out of 2,742 bonds which were issued during the 15-day period, 1,264 bonds were valued at Rs 1 crore and above, SBI — the country’s largest public sector bank — said.

According to data put out by the Sri Lanka Tourism Development Board, Indian tourist arrivals in Sri Lanka during 2018 stood at 4.25 lakh.

While the rupee plunged 32 paise to close at a two-week low of 69.67 against the US dollar, the Sensex sank 495 points to end at 38,645 in heavy sell-off in energy and financial stocks.

Running into debt of more than Rs 8,500 crore, Jet Airways has shut down operations temporarily after lenders decided against extending emergency funds for its survival.

If you want to tick all the boxes when it comes to health insurance, you may find your office-provided policy wanting in certain critical areas

Brent crude futures, the global oil benchmark, was trading higher by 2.53 per cent at USD 73.79 per barrel. India is among the nations importing oil from Iran thanks to a waiver from the US.

Air India Express parent, Air India, is already discussing a proposal to lease five of Jet Airways wide-body planes, Boeing 777s.

SBI General Insurance, which is planning to go for an IPO during the fourth quarter of FY 2019-20, has garnered  a total premium of Rs 4,700 crore, up 33 per cent, during 2018-19.

A small NBFC may hire a CTO at Rs 60-80 lakh plus variable pay plus ESOPs, while a larger organisation would be willing to offer anywhere between Rs 1.5 crore and Rs 2 crore, an

The total balance in the Jan Dhan accounts, which has been steadily rising, was at Rs 97,665.66 crore as on April 3, as per the latest government data.

Sources close to the company said it is aggressively bidding for projects in logistics, mining, energy, construction and agro commodities to diversify the portfolio.

On April 17, Jet Airways announced temporary closure of the airline’s operations after a consortium of bankers led by State Bank of India refused immediate fund infusion of Rs 983 crore into India’s oldest private

According to the bank, provisions and contingencies for the latest quarter were Rs 1,889.2 crore (consisting of specific loan loss provisions Rs 1,431.2 crore, general provisions Rs 191.2 crore and other provisions Rs 266.9 crore)

Even as industry players argued in their discussions with the finance ministry that issuer pays model is time tested and used by most countries, the government and the Securities and Exchange Board of India (SEBI)

Some of these changes have been made with respect to changes in income tax laws made in Budget 2018 for 2018-19 and onwards.

Cash-starved Jet Airways, which has around 23,000 employees, has delayed payment of salaries to the employees, including pilots.

Earlier this month, the World Bank said India's GDP growth was expected to accelerate moderately to 7.5 per cent in fiscal year 19-20, driven by continued investment strengthening, particularly private-improved export performance and resilient consumption.

The US imposed economic sanctions on Venezuela in late January 2019 with a view to curb the country's crude exports and put pressure on socialist President Nicolas Maduro to step down.

Tesla said its directors reviewed the composition of the board "focusing on a phased streamlining of the size of the Board to allow it to operate more nimbly and efficiently."