Business

Investors of Kotak FMP Series 183 were told that almost 27% of the scheme corpus of Rs 457 crore is invested in three troubled entities facing liquidity crisis.

On Wednesday, shares of Jet Airways ended trading at Rs 263.40, 1.59 per cent lower than Tuesday’s close on the Sensex at the BSE.

As the Insolvency and Bankruptcy Board of India (IBBI) has already finalised the norms for individual bankruptcy resolution in case of personal guarantors, the government is expected to notify these within a month, sources familiar

BBB has also identified 75 personnel for intensive leadership development, in order to create a leadership pipeline.

The higher cost of funds is likely to have some impact on the interest margins of these non-bank lenders unless they are able to pass it on to their borrowers.

Alleging GPay was not listed as an authorised operator as per list of the authorised ‘Payment System Operators’ released on March 20, 2019, petitioner Abhijit Mishra, sought a directive to the RBI to stop GPay

The CFO of the Year award was given to Srinivas Phatak, executive director and chief financial officer, Hindustan Unilever, while Sashi Jagdishan, CFO at HDFC Bank, received the Jury Special award.

This is the third time that the public sector oil marketing company has cut fuel supply to the airline in the past eight days, which is struggling to keep afloat amid acute liquidity crisis.

RailTel started providing the free public Wi-Fi service at Indian railway stations with a vision of turningRailway stations into a platform for digital inclusion.

Uber is seeking a valuation of between $90 billion and $100 billion, influenced by the poor performance of smaller rival Lyft Inc's shares following its IPO late last month, the sources said.

The move follows a 25 basis points cut in repo rate by the Reserve Bank in its first monetary policy review announced last week.

Essar Steel owns a 10-million-tonne steel mill at Hazira in Gujarat. This was among the first 12 cases selected by the Reserve Bank of India to be resolved under the Insolvency and Bankruptcy Code (IBC).

Jet Airways pilots along with engineers and senior executives have not been paid for the last three months amid cash-drought in the airline that saw an ownership change last month with banks taking majority shares.

The board of directors of Vodafone Idea on March 20 cleared the planned Rs 25,000-crore rights issue at a price of Rs 12.50 per equity share, at a steep discount of 61 per cent to

The addition of 72,705 mega volt amp (MVA) of sub-stations commissioned in FY19 is about 16 per cent lower than that in the previous fiscal, and the slowest pace recorded since FY16.

IMF’s forecast for India lower than that of World Bank (7.5%) and ADB (7.2%).

Airfares have been on an upswing across India for last few weeks due to sharp decline in number of flights primarily caused by grounding of three-fourths of cash-strapped Jet Airways' 119-aircraft fleet.

"India has recently promulgated a number of data localisation requirements that would serve as significant barriers to digital trade between the US and India," the US Trade Representative's 2019 National Trade Estimate Report on Foreign

Aggarwal and Son reached the preliminary deal to inject more cash into the India startup in 2017. Under terms of the agreement, SoftBank would invest $250 million right away and then plow the rest of

Adani Mining chief executive officer Lucas Dow welcomed the Commonwealth's decision, saying underground water levels would be tracked using more than 100 monitoring bores."The measures outlined in the plans will ensure groundwater at the mine,

The BSE Sensex was trading 35.69 points or 0.09 per cent higher at 38,736.22. The gauge had ended 161.70 points lower at 38,700.53 in the previous session.

Ghosn, Nissan’s longtime chairman who helped pull the company out of a deep slump nearly 20 years ago, is now in a Tokyo jail, where he faces four charges ranging from underreporting his executive compensation

Under the resolution plan, the board of Jet Airways approved conversion of the lenders’ debt into equity by the issuance of 11.4 crore equity shares, in accordance with the RBI Circular of February 12.

This is the third straight session of loss for the domestic unit, during which it has lost 126 paise.

Despite new launches, sales failed to revv up during H2 of FY19, which had prompted SIAM to lower sales forecast.