Under relentless attack from a united Opposition over the Rs 11,400-crore fraud at Punjab National Bank (PNB) involving jeweller Nirav Modi, the government on Thursday asserted that no one, however high and mighty.
Japanese air conditioner maker Fujitsu General is planning to set up a manufacturing facility in India with an estimated investment of $200 million.
The potential for digital spending in India is expected to grow 2.5 times, from $40 billion to $100 billion by 2020, led by sectors such as e-commerce ($18-45 billion), travel & hotel ($11-20 billion), financial services ($12-30 billion) and digital media ($200-570 million), said a report prepared by Boston Consulting Group (BCG) in association with Google.
Having completed three years of domestic operations, Vistara, the full-service carrier jointly promoted by Tata Sons and Singapore Airlines, is mulling foray into international skies by the second half of calender year 2018.
To prevent auto driver partners from shifting to newly launched Uber auto service, home-grown, app-based ride-sharing company Ola has announced new incentives scheme for them.
The stock of education services provider MT Educare got a boost on Thursday after Zee Learn informed the stock exchanges that it has signed definitive agreements to invest Rs 200 crore in the company through a preferential allotment of 3.19 crore equity shares at a price of Rs 62.57 each.
The government has extended the window to avail transmission charge waivers for wind and solar projects by three years.
Outstanding loans from banks to industry and individuals stood at `82.11 lakh cr as on February 2.
The initial public offering (IPO) of Aster DM Healthcare was subscribed 1.22 times on Thursday — the final day of public issue — with investors bidding for about 4.81 crore shares of the 3.73 crore shares on offer.
Fishing boats across Kerala are staying off the waters from February 15 following a strike called by the All Kerala Fishing Boat Operators Association.
Import of vegetable oil during January 2018 has been reported at 12.91 lakh tonne compared to 10. 02 lakh tonne in January 2017, up by 25%, data compiled by The Solvent Extractors’ Association of India has said.
Bank informs bourses of unauthorised deals at a Mumbai branch; referred to authorities.
Sell-off after RBI move to revamp NPA rules; analysts see a hit in the fourth quarter.
While aggressive bidding by developers has been blamed for wind power tariffs plunging to levels lower than many believe are viable, analysts were divided if the results of latest round of auction under the central government scheme suggested the prices are bottoming out.
The Yamuna Expressway Industrial Development Authority (YEIDA) has issued notices to eight builders for allegedly diverting (Rs 840 crore meant for completing construction of flats.
Tata Power Company, which is grappling with serious business challenges in the power sector, saw its consolidated operating margins drop by 350 basis points to 17.39% for the quarter ended December 31, 2017 as expenses rose.
Bharti Airtel is mulling listing of the holding company for Africa operations, Bharti Airtel International (Netherlands) or BAIN, as the company eyes better valuation of its businesses in the continent which will eventually help it raise more funds.
Allahabad Bank on Wednesday reported a net loss of Rs 1,263.79 crore for the quarter ended December due to a massive increase in provisions to cover rising bad loans.
The recent correction across world equities seems to have nudged fund managers to hold more funds as cash and lighten up on equities, to reduce risk and cyclicality.
India’s second largest airline Jet Airways today reported a net profit of Rs 165 crore for Q3 FY18 as against Rs 305 crore for the same period in FY17.
RBI gives several options to deal with defaulting companies, shortens timelines, clarifies process.
The Indian Institute of Management at Ahmedabad is finally on its way to making its global debut, having inked an agreement with UAE-based BRS Ventures to establish its maiden overseas extension centre in Dubai.
Move meant to overcome fuel shortage at thermal plants; will also save on freight costs.
Provisions made by a clutch of 17 public-sector banks in the quarter ended December 2017 almost doubled over the same quarter in the previous year to Rs 60,742 crore.
Wheat acreage has fallen by 4.3% in the ongoing rabi season, as many farmers in Madhya Pradesh shifted to chana, eyeing higher returns.
The Delhi High Court on Tuesday restrained Srei Infrastructure from transferring its controlling stake in Odisha Slurry Pipeline to Numetal Mauritius until April 5, the next date of hearing.
IndiGo’s domestic passengers flying out of Delhi will now need to check whether they need to reach Terminal 1 or Terminal 2, depending on their destination.