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  1. Business News
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  3. fe bureau

FE Bureau

Online dining out platforms support NRAI campaign

Last week, over 1,000 restaurants across the country delisted themselves from dine-in programmes offered by the platforms as part of…

By FE Bureau
August 24, 2019 01:33 IST
Bad news: Moody’s cuts 2019 GDP forecast to 6.2 pct

The global agency has revised its growth forecast for 16 Asian economies on grounds of weaker trade and investment despite…

By FE Bureau
August 24, 2019 01:11 IST
Government mulling new scheme to resolve stressed power assets

Instead, Garg said, resolution could be sought through asset reconstruction companies that work as financial managers. Industry experts can also…

By FE Bureau
August 24, 2019 01:06 IST
Karnataka, Donimalai, Donimalai mine lease, NMDC, industry news, Karnataka High Court
Karnataka’s decision to cancel Donimalai mine lease to NMDC kept in abeyance

NMDC took the matter to the Karnataka High Court, which on July 12, 2019, set aside the condition. However, on…

By FE Bureau
August 23, 2019 07:21 IST
Irdai, Maharashtra, motor insurance, insurance, CII, insurance policy, insurance company
Irdai in pact with Maharashtra to boost motor insurance

Motor insurance, which includes third party and ow damage combined has a market share of around 38% has been seeing…

By FE Bureau
August 23, 2019 07:19 IST
Economic slowdown, fiscal stimulus, Hero MindMine Summit 2019, Subhash Chandra Garg, niti aayog,  budgeted expenditure, RBI, repo rate cut
Economic slowdown: Export focus fine, but there’s more to growth

The statements underscore the government’s discomfiture to loosen its purse strings in a big way, given the ‘limited fiscal space’…

By FE Bureau
Updated: August 23, 2019 06:59 IST
NBFC crisis, EPFO, corporate bonds, economy news, DHFL, ilfs, pension, ilfs news, ilfs scam, ilfs crisis
EPFO turns wary after NBFC crisis, to keep away from corporate bonds

The EPFO is seeking early redemption of about Rs 700 crore worth of bonds of DHFL to safeguard the savings…

By FE Bureau
Updated: August 23, 2019 06:56 IST
Indirect tax dispute,tax dispute, tax resolution, GST, economy news, corporate tax
GST update: Indirect tax dispute resolution scheme notified

It provides substantial relief in tax dues for all categories of cases as well as full waiver of interest, fine…

By FE Bureau
Updated: August 23, 2019 06:54 IST
petrol, diesel, vehicle, Nitin Gadkari, NITI Ayog, industry news, NSE EMERGE, MSME, Bharat Craft, auto sector
No plan to stop petrol, diesel vehicles: Nitin Gadkari

Typically, merchant bankers charge anywhere between 3% and 5% of the issue size for normal initial public offering (IPO), but…

By FE Bureau
August 23, 2019 05:28 IST
Polavaram project, Andhra Pradesh High Court, Andhra Pradesh, economy news, TDP, YSR, Polavaram dam, Polavaram high court, Polavaram hydel project, Polavaram reverse tendering, Polavaram news  
Polavaram project: Andhra Pradesh High Court stays re-tendering process

The contract, which was awarded by APGENCO, is estimated to be Rs 3,400 crore of civil works, apart from Rs…

By FE Bureau
August 23, 2019 03:58 IST
Zomato, Zomato restaurant, Zomato news, NRAI, industry news, Deepinder Goyal, Zomato gold, Zomato  india, Zomato  offer
Zomato restaurants standoff shows no sign of ending

In a tweet on Thursday, Zomato’s founder Deepinder Goyal said: “This ‘logout’ campaign as it seems now is driven by…

By FE Bureau
August 23, 2019 03:53 IST
McDonald’s case: NCLAT gives Bakshi four weeks to settle Hudco’s dues

The next hearing at NCLAT is scheduled for September 18. Bakshi, who was running a 50:50 JV — Connaught Plaza…

By FE Bureau
August 23, 2019 03:46 IST
Kia Seltos, kia seltos price in india, kia india, kia motors, kia motors seltos launch, kia seltos launch, kia seltos price, kia seltos india, kia seltos variants, kia cars
Kia rolls out its maiden SUV Seltos

Despite slowdown, Bhat said Kia Motors India will continue launching new products every six months. It expects to launch a…

By FE Bureau
August 23, 2019 03:44 IST
Air India, Jet Airways, industry news, National carrier, jet airways news, jet airways stock, jet airways crisis
Air India fails to capitalise on Jet Airways woes

Meanwhile, overall domestic passenger traffic continue to move in the slow lane; the traffic grew by 3% year-on-year amid higher…

By FE Bureau
Updated: August 23, 2019 03:46 IST
Rupee, Rupee fall, Yuan, Dollar, Rupee to dollar, Rupee to yen, market, money market 
Rupee falls to 2019 lows on Yuan depreciation, selloff

The dollar index was trading at 98.33 on Thursday and had recently hit over 2-year high levels. Most Asian currencies…

By FE Bureau
August 23, 2019 02:56 IST
market, market news, Nifty50, Nifty, sensex, FPI,  foreign portfolio investors, Bank Nifty, foreign investment, 
Benchmark indices continue to slide as stimulus hopes dim

With more than 100 companies of BSE500 stocks hitting 52-week lows on Thursday, the number of stocks hitting one-year low…

By FE Bureau
August 23, 2019 02:53 IST
Salt manufacturer, agricultural activity, Tata, Nirma, GHCL, Tata salt, Salt making, Salt  manufacturing, Salt making process
Salt manufacturers demand ‘agricultural activity’ status

There are 13,000 salt farms (lease holders) across the country, which are providing employment to around 4 to 5 lakh…

By FE Bureau
August 23, 2019 02:40 IST
credit card, debit card, e-wallet, paytm, phonepay, google pay, discount on fuel, discount on petrol, discount on diesel,
Number of debit cards fell 11% year-on-year in June

Card issuance is likely to see an uptick with the rise of several metro and smart city projects, and with…

By FE Bureau
August 23, 2019 02:16 IST
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