Business

In a statement issued on Sunday, the Essel Group said that the promoters of the Essel Group had a detailed meeting with the lending entities comprising mutual funds, NBFCs and banks, in which it was

The trend is in line with the pattern seen over the last couple of years where DIIs have been seen to be stepping in at a time when FPIs are making an exit from the

On plans to launch seaplanes, Singh said, "We were waiting for two things -- first the government was to frame regulations and that have been formulated now.

In July last year, addressing the SBI Economic Conclave, Arun Jaitley had raised similar red flags relating to investigation and crime.

Shares held by Siddhartha and Coffee Day enterprises prohibited for transfer or charge, says Mindtree

Subhash Chandra also blamed the IL&FS meltdown which he said halted roll-overs and diminished the group’s ability to service its borrowings.

Highlighting the business potential Mauritius offers, PM Pravind Jugnauth invited Indian companies to set up their regional headquarters in Mauritius.

“Very often in the over-enthusiasm of tax administration, we become overzealous and that causes a lot of agony, particularly to the honest taxpayer who believes that I have done no wrong but why should I

Amongst the challenges that need to be addressed are reforms in the agricultural sector, the MSME sector, skill development, credit issues, digital payments and the banking sector reforms.

The company secured orders worth Rs 42,233 crore at the group level during the quarter ended December 31, 2018.

Citing Reserve Bank of India statistics, the judgement said “credit that has been given by banks and financial institutions to the commercial sector (other than food) has jumped up from Rs 4,952.24 crore in 2016-2017,

One of the contentious issues in the conflict between the government and the RBI under Urjit Patel was the size of the central bank’s reserves, which at Rs 9.6 lakh crore was then perceived as

Apologising to lenders, Chandra also alleged that some negative forces are out to sabotage his efforts to raise money through a strategic sale in the flagship company Zee Entertainment Enterprises.

Goyal, who was earlier this week given the additional charge of Finance Ministry, asked the taxmen to trust the customers with a great degree of intelligence, while adopting a customer-friendly approach.

The growth rate can be easily increased by 1 per cent by addressing structural problems through reforms, the council observed during its meeting Friday. The Central Statistics Office (CSO) in its latest forecast pegged the

The government had budgeted the fiscal deficit for the current financial year at 3.3 per cent of the gross domestic product (GDP). However, in the April-November period, the deficit touched 114.8 per cent of the

Any disruption in Venezuelan supplies is also likely to increase demand for heavy-sour crudes -- the dense, viscous and relatively more sulfurous varieties that the Latin American nation produces.

High-altitude surveillance was once the domain of global superpowers. Now, a growing number of startups are turning it into a business, aiming to sell insights gleaned from small and inexpensive “cube satellites.”

Brokers said, besides persistent buying by domestic institutional investors (DIIs), a firm trend at other Asian bourses, following gains in US technology stocks influenced sentiments here.

The Irdai Act does not permit one promoter having two licenses as the LIC, which acquired 51 per cent in IDBI Bank through multiple deals, is also the promoter of IDBI Federal Insurance.

Being the second largest economy in India contributing 8.4 per cent to India’s GDP, CM Palaniswami said it was the 1992 industrial policy by the then Chief Minister late J Jayalalithaa which paved way for

In the meantime, the RBI has set up an Implementation Task Force that is putting the systems infrastructure in place to kick-start the PCR with data from regulated entities that can be covered either under,

The board has scheduled a special meeting on January 29 to finalise on the delegation of powers for transition management in the interim period commencing from February 1, 2019 until Ravneet Gill assumes office.

IndiGo’s announcement comes ahead of the carrier taking off for its major international expansion plans. Last month, the airline had appointed Dutta as a principal consultant.

In March 2018, The Indian Express reported about a series of financial transactions and ownership transfers that took place between 2008 and 2013 across companies owned by Venugopal Dhoot and those owned by Deepak Kochhar