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.
According to an analyst with a consultancy firm, while higher exposure to loans is not a problem per se if they can be serviced, IR lacks focus and pragmatism in PPP ventures and will have to redo schemes.
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.
More than two years after the net neutrality battle saw them fighting with their backs to the wall to counter the challenges mounted by the content service providers and over-the-top (OTT) players, they have accepted that they lost the perception battle in the first round.
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.
Digital platforms, which managed to win an estimated 15.5% share of total ad spends in 2017, up from 13.1% in 2016, are tipped to grow their share to nearly 18% in 2018, according to GroupM’s annual advertising expenditure (AdEx) report, ‘This Year, Next Year’.
Move to disallow AT&C losses above 15% in tariff orders threatens to add Rs 32,000 crore per year.
ArcelorMittal and Numetal Mauritius are understood to have put in binding bids to acquire the debt-laden Essar Steel.
With robust sales across segments in January, the Society of Indian Automobile Manufacturers (SIAM) on Monday said it expects demand to be strong during the remaining two months of the fiscal.
With potential for advertising revenues in regional markets still looking good, broadcasters are either adding to their bouquets or trying to break in here.
The Centre is yet to work out the modalities of its MSP-based deficiency payments scheme, but if Madhya Pradesh’s just-concluded Bhaavantar Bhugtaan Yojana (BBY) is anything to go by, the scheme will be a costly one.
While the Centre will miss its fiscal deficit target even after cutting capital expenditure in FY18, the states are also compressing capex to finance rising revenue spending and adhere to their deficit targets.
The October-December quarter earnings season continues to maintain its steam with most companies posting a decent set of numbers with consumer demand showing signs of picking up.
FM Arun Jaitley hopes uptrend in IPOs will help meet disinvestment targets.
Urjit Patel says monetary policy decisions have to be forward-looking.
Finance Minister Arun Jaitley on Saturday expressed confidence over comfortable revenue collection in 2018-19.
The ongoing Auto Expo in Mumbai has seen numerous launches by automobile companies.
Ranking doesn’t accurately reflect the level of business-conducive nature of the states. It reflects the willingness of states to reform and attract investments.
Tata Steel on Friday reported a nearly fivefold jump in its consolidated net profit to Rs 1,136 crore for the three months to December, though still below Bloomberg consensus estimates of Rs 1,288.1 crore.
Budget 2018: Finance minister Arun Jaitley on Friday told the Rajya Sabha that the Budget announcement on ensuring farmers minimum support prices (MSPs) of kharif crops at one-and-a-half times of their costs will be based on the A2+FL costs, and not the more ambitious C2 costs formula favoured by farm scientist MS Swaminathan.