Business News
PTIFeb 27, 2019
The 30-share Sensex rose by 256.18 points, or 0.73 per cent, to 36,226.89 in early trade. The gauge had lost 239.67 points Tuesday after India carried out air strikes on a terrorist camp in Pakistan.
ReutersFeb 27, 2019
The order by US District Judge Alison Nathan in Manhattan came hours after the billionaire criticised SEC oversight as "broken," in the wake of the regulator's request on Monday night that he be held in
Avinash NairFeb 27, 2019
Gujarat: Farm NPAs jump by 333% in 5 years, outlook stays bleak Subscriber Only
On Tuesday, National Bank For Agriculture and Rural Development (NABARD) said that farm NPAs, including crop loans, are expected to remain on a higher side at an estimated six per cent during the current fiscal.
ENS Economic BureauFeb 27, 2019
Minister RK Singh said that power for 8-10 hours would be “sufficient” to agricultural consumers while these issues are resolved.
ENS Economic BureauFeb 27, 2019
A minimum 50 per cent of variable pay should be in the form of non-cash components. A compulsory deferral mechanism for variable pay has also been proposed, regardless of the quantum of variable pay.
ENS Economic BureauFeb 27, 2019
In other words, while as much 85-90 per cent of the bond issuances in India are by ‘AAA’ and ‘AA’ rated companies, if they are assessed on the global scale, their ratings would be rated
Khushboo NarayanFeb 27, 2019
The assets attached by the ED include the personal art collection of Nirav Modi which include paintings by eminent artists such as Amrita Sher-Gil and M F Hussain among others worth about Rs 50 crore.
ENS Economic BureauFeb 27, 2019
“The Court would like to have the personal presence of respondent nos. 2 and 4 ... alongwith their affidavits on the next date fixed i.e. 14.3.2019,” stated the court in its order Tuesday. The Indian
ENS Economic BureauFeb 27, 2019
The fiscal deficit, which is the gap between the government’s expenditure and revenue, stood at Rs 7.70 lakh crore during April-January of the current financial year ending March, according to data released by the Controller
ENS Economic BureauFeb 27, 2019
The government may also blacklist such companies and prevent them from making future bids. Such blacklisted bidders can be barred at the request for proposal stage itself.
ENS Economic BureauFeb 27, 2019
The RBI had placed 11 PSU banks and one private bank under PCA framework last year. The central bank has now lifted PCA curbs on six banks.
Sandeep SinghFeb 27, 2019
Air strikes spook markets on both sides of the border Subscriber Only
While the benchmark Sensex at the BSE fell 499 points or 1.38 per cent during the day before recovering to close at 35,973 with a fall of 239.67 points or 0.66 per cent, the broader
PTIFeb 26, 2019
Both ARCL and Geofin Comtrade have also been directed to "cease to act, directly or indirectly" as commodity derivatives brokers, as per the two orders dated February 25.
PTIFeb 26, 2019
The Sensex was trading 343.20 points, or 0.95 per cent, down at 35,870.18 after touching a low of 35,842.58. The gauge rallied 342 points in Monday's trade.
PTIFeb 26, 2019
"We're thrilled to have elected two new members to our Board of Directors this month. Welcome, Roz Brewer and Indra Nooyi," Amazon said in its announcement.
ENS Economic BureauFeb 26, 2019
A two-member bench, led by chairperson SJ Mukhopadhaya, agreed to hear the plea and listed it for hearing on February 27.
Prabha RaghavanFeb 26, 2019
Court seeks reply from Daiichi, which won Rs 3,500 crore arbitration award against Singh brothers.
ENS Economic BureauFeb 26, 2019
This is the fourth extension for KYC completion of e-wallet companies.
ENS Economic BureauFeb 26, 2019
The IL&FS board, led by Uday Kotak, had earlier cautioned that the Rs 53,000 crore exposure of banks to IL&FS is “critical to financial stability” as its share in the total exposure of the banks
ENS Economic BureauFeb 26, 2019
The financial bids for five airports were opened Monday and the Adani group emerged with the winning bid for Ahmedabad, Lucknow, Jaipur, Thiruvananthapuram and Mangalore airports.
ENS Economic BureauFeb 26, 2019
The EPFO’s own investment is nearly Rs 574 crore in IL&FS bonds and so far there has been no default, the official said adding that the retirement fund body may consider moving NCLT if there’s
ENS Economic BureauFeb 26, 2019
Since mid-2018, under instructions of ITNL, several of the Indian employees employed by IL&FS project companies had returned to India.
BloombergFeb 25, 2019
Uber to sell its food delivery business to Swiggy? Subscriber Only
Uber’s pull-back from food delivery in India, follows retreats from its ride-hailing business in China, Russia and, most recently, Southeast Asia, as the SoftBank-backed company prepares for a high-profile public offering later this year.
Adhil ShettyFeb 25, 2019
Uncertain times in stock markets demand an analytical approach to investment and not taking any rash decisions.
New York TimesFeb 25, 2019
Other companies like Facebook, YouTube and Twitter have also been infiltrated with misinformation about vaccines. But only Pinterest, as first reported by The Wall Street Journal, has chosen to banish results.
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