Business

Saudi Aramco, the world's biggest oil company, and its partner Abu Dabhi National Oil Co (ADNOC) have picked up 50 per cent stake in a planned USD 44-billion refinery in Maharashtra but the project is

Officials said the central probe agency has registered a case under the Prevention of Money Laundering Act (PMLA) in the alleged payment default case.

Reliance Capital tumbled 10.26 per cent, Reliance Communications tanked 9.46 per cent, Reliance Infrastructure 8.75 per cent, Reliance Power 5.52 per cent and Reliance Home Finance 5 per cent on BSE.

A bench of justices R F Nariman and Vineet Saharan pronounced the verdict after Ericsson dragged Anil Ambani to court after RCom failed to clear its dues despite having given an undertaking, according to the

The gist is this: The United States may or may not enter a recession this year, but if it does, housing is unlikely to be the cause, because it never really recovered in the first

Like many other cities across the world, New York is struggling to respond to the explosive growth of the ride-hailing industry.

Gujarat’s economic growth rate stood at 9.9% , highest among major developing states, said Deputy CM

Deputy Chief Minister Nitin Patel in his budget speech announced to lay a new water pipeline project, costing Rs 185 crore, which will help in irrigating 4,500 acres in Dahod district that were not covered

The decision, according to the farmers, will generate employment and also boost the country’s exports. According to Patel, nearly 25,000 shrimp farmers would benefit from the additional farm land.

Finance Department officials said that of the total provisions made in the Interim Budget of Rs 1,91,817 crore, the government plans to spend Rs 63,939 crore in the four months, between April and July, 2019.

With the recent defeat of the BJP in three states, the composition of the Council has changed and the central ruling party will require support in case all Opposition-ruled states decide to vote against the

“The issue size may vary based on various factors including, but not limited to, management discretion and the indicative pricing,” Canara Bank said in a public notice.

As per the policy, the government will end modified special incentive scheme (M-SIPS) with schemes that it will find easier to implement such as interest subsidy and credit default guarantee, among others.

The proposed bond will enable individual women entrepreneurs in sectors like food processing, agriculture, services and small units to borrow around Rs 50,000 to Rs 3 lakh at an annual interest rate of around 13-14

The ACC, on February 12, approved the “filling up of the post of OVL managing director on deputation basis in exemption from the ‘rule of immediate absorption’ through the search-cum-selection committee mode”.

The investment is part of Ola’s larger Series J funding round. In January this year, Bansal had invested Rs 150 crore in Ola.

Over the last one month the banks’ share of industry equity AUM rose by almost one percentage point to 22.83 per cent with an AUM of Rs 228,774 crore.

In the Union Budget 2018-19, Finance Minister Arun Jaitley had proposed the idea of streamlining the Centre’s contribution in equity and debt of the metro ventures floated by state governments.

The letter also suggested to telecom operators to open a dedicated call centre or helpline to receive complaints against such messages

The Commerce and Industry Ministry issued a notification to simplify the process for startups to receive tax exemptions under an anti-evasion provision of the Act.

The move, which is to ensure availability of funds for startups, follows concerns regarding the taxation of angel investments in this sector. The Central Board of Direct Taxes will notify the changes separately.

Honda built just over 160,000 vehicles at its Swindon factory in southern England last year, where it makes the Civic and CV-R models, accounting for a little more than 10 percent of Britain's total output

Sugar exports may total 2.5 million to 3 million tons in the year ending September 30 compared with a government target of 5 million tons.

In September 2018, ICICI Bank, the lead lender for the Essar Power's Mahan project, moved NCLT seeking initiation of insolvency proceedings against Essar Power MP.

The plant owners, however, had reason to cheer with the court commenting that its product was “an important import substitute” and giving it the liberty to approach the High Court for relief.