Business

Lack of charging infrastructure has been one of the biggest hurdles to India’s ambitions to ensure more electric vehicles on its roads.

Mukesh Ambani, Asia’s richest man, intends to take on the world’s largest retailers by combining his Jio telecom service, mobile devices and a vast physical retail network.

The SC however, restrained the NGT from taking any punitive action against the directors of the company, regarding the deposition of Rs 100 crore, after Volkswagen informed that it had complied with the orders and

Banking sources said the LIC may have to cut down its stake in other banks as the promoter of a bank cannot hold more than 5 per cent stake in other banks. LIC holds sizeable

As against that estimated recovery, SBI has kept the reserves price for sale of its Essar Steel exposure at Rs 9,587.64 crore above which buyers will have to bid on January 30.

If the number of startups that had been recognised under the scheme is taken into account, the gap between the Startups recognized under the scheme and those that actually ended up receiving exemptions is far

The CSE report points out that the “dominance” of large-scale rooftop installations by commercial, industrial, institutional and government/PSU segments has meant that “attention to the residential solar rooftop segment has lagged behind.

The revival of the phytosanitary protocol with China will pave the way for revival of Indian tobacco exports to China and prove economically beneficial to Indian farmers, the statement said.

"India's economy is poised to pick up in 2019, benefiting from lower oil prices and a slower pace of monetary tightening than previously expected, as inflation pressures ease," the IMF said.

In a regulatory filing to stock exchanges, L&T Saturday said Securities and Exchange Board of India (Sebi) has asked it not to proceed with the buyback.

The private sector lender Saturday reported 20.3 per cent growth in net profit to Rs 5,585.9 crore for the third quarter ended December 31, mainly on account of higher net interest income.

Mehul Choksi, who obtained Antiguan citizenship after he fled India last year, claimed that he had proposed to settle the loan amount due to PNB.

The NSE Nifty, rose 53.10 points, or 0.49 per cent, to 10,960.05.

At the interbank forex exchange, the rupee opened lower at 71.38 and weakened further to quote 26 paise down at Rs 71.45 against the dollar.

The Nikkei newspaper reported on Sunday that a French government delegation had informed Tokyo that it would seek an integration of Renault SA and Nissan, most likely under the umbrella of a single holding company.

Data collated from the Reserve Bank of India over the last five years shows that growth in credit outstanding for the priority sector has traditionally been rising at a much faster rate than the growth

Pointing that there is a sense within the government that agri, small business and urban poor have not done well over the last four years, Rashesh Shah, chairman and CEO, Edelweiss Group told The Indian

With the government facing financial constraints, the fund infusion is being done through issuance of recapitalisation bonds, on the lines of similar bonds being issued for capital infusion in public sector banks.

The report also projects real GDP growth of 7.6 per cent for India in 2019.

The bank’s total income for the quarter was at Rs 30,811.3 crore, up 26 per cent from Rs 24,450.4 crore for the quarter ended December 2017.

Sources in the company claimed that while turning down the proposal, Sebi has applied the financial ratio based on the consolidated financial statement of the company.

The total assigned capital of foreign reinsurance branches increased to Rs 2,570.35 crore, as of March 2018, from Rs 1,117.81 crore, as of March 2017, the insurance regulator said in its Annual Report.

Vibrant Gujarat Summit: By the end of the day, the Gujarat government announced that around 130 MoUs with investment commitments worth over Rs 56,000 crore were signed in various sectors, a majority of which were

Ministry of Defence officials attending the Vibrant Gujarat Summit on Friday said that India is all set to cross Rs 10,000 crore of defence equipment exports by the end of March this year.

"The company is an emerging electrical vehicle battery producer and is considering to set up an electrical battery plant in Dholera to cater to the fast developing auto industry in India," said Jai Prakash Shivahare,