Business

The company’s market valuation jumped Rs 36,136 crore to Rs 7,91,772 crore on the BSE. “TCS beat street/our estimates on revenues,” Emkay Global Financial Services said in a report on Saturday.

Vodafone Idea’s Rs 25,000-crore rights issue opened on April 10 at a price of Rs 12.50 per equity share.

An SC Bench led by Justice R F Nariman has now dismissed DBS Bank’s appeal against the NCLT order which accepted the amended resolution plan for Jyoti Structures.

The pilots along with engineers and senior management have not received their salaries for three months, whereas employees of other categories have not been paid for the month of March.

Last year President Donald Trump used Section 232 to apply new tariffs to steel and aluminum imports and potentially on automobile and auto parts and other sectors currently under investigation.

While Reliance MF said it will not comment on individual investments, HDFC MF and Kotak MF said their investments in the two Essel Group firms were backed by the collateral of Zee shares.

The Indian Express reviews various allegations raised over the last year of diversion of funds previously held by the ex-promoters of Fortis and Ranbaxy.

The number of medical scribes in the US has grown from about 7,000 in 2014, according to the American College of Medical Scribe Specialists, to nearly 25,000 currently.

The government expects the bad loan resolution to continue under the IBC, while the Reserve Bank comes out with revised rule that specifies the framework under which it can direct banks to push cases for

The move comes hours after the cash-strapped airline governing body National Aviators' Guild's staff announced their decision this morning to not fly from 10 am on Monday.

The pilots along with engineers and senior management have not received their salaries for three months, whereas employees of other categories have not been paid for the month of March.

Minutes of meetings of the C&C Division accessed by The Sunday Express reveal that the RBI’s representatives have been giving an alarming picture of the coin glut but have, however, assured that whatever quantity of

IL&FS Financial Services Ltd had borrowings of around Rs 17,500 crore through debt instruments and bank loans, the sources said.

The CBDT has already issued directions to tax offices across the country to probe financial transactions of about three lakh firms, de-registered by the government for their dubious financial credentials, for tax evasion and money

The number of large banks were 39 and 42 in 2005 and 2018, respectively, while for small banks the numbers corresponded to 37 and 42. In all the years, large banks were found to be

Civil Aviation Secretary Pradeep Singh Kharola had earlier said that the airline would fly just 6-7 aircraft on Saturday and Sunday. At its peak, the airline flew a 119-aircraft fleet.

Tesla’s announcement also said it would begin leasing the Model 3, but would not offer customers the option to buy the cars after their leases expired, a departure from the typical industry practice and its

The company, which is also the second most valued listed company, reported an 18.5 per cent rise in revenue for the quarter under review to Rs 38,010 crore from Rs 32,075 crore in the corresponding

The regulator also allowed pass through of coal costs, subject to a cap of $110/tonne. Additionally, it allowed extension of PPA with GUVNL by another 10 years after completion of the 25-year tenure by 2032.

According to sources, SBI Capital Markets (SBICAPs), which is overseeing the process of Jet Airways’ stake sale on behalf of Jet’s lenders led by SBI, received at least six initial bids from parties including private

Manufacturing output in Index of Industrial Production (IIP) slipped again into negative territory after a gap of two months, contracting 0.3 per cent in February as against a growth of 8.4 per cent in the

Banks wrote off a whopping Rs 1,56,702 crore of non-performing loans during the nine-month ended December 2018, taking the total loan writeoff to over Rs 7,00,000 crore in the last 10 years, according to figures

The Tata group's cash-cow delivered a net income of Rs 31,472 crore for fiscal 2019 under the Ind-AS accounting, up21.9 per cent over the previous year.

The development comes hours after the Jet Airways extended the suspension of its international operations till next Monday due to severe liquidity issues.

The inflation based on Consumer Price Index (CPI) was 2.57 per cent in February this year. On yearly basis, it was 4.28 per cent in March 2018.