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  1. Business News
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  3. fe bureau

FE Bureau

Nirmala Sitharaman, india inc, CSR, India inc tax, financial sector, economy news
FM Nirmala Sitharaman vows to ease India Inc’s tax burden, CSR worries

The minister asserted that the government would consider a uniform 25% tax rate for all companies once there was comfort…

By FE Bureau
Updated: August 10, 2019 06:54 IST
Sundram Fasteners, Sundram Fasteners profit, TVS Group, capital expenditure, domestic market
Sundram Fasteners’ profit takes 13 per cent hit in Q1

The company, which had incurred Rs 442 crore towards capital expenditure in last fiscal, will be investing Rs 350 crore…

By FE Bureau
August 9, 2019 04:01 IST
loans, family, lifestyle, all-India survey, Home India credit, patna, lucknow, nagpur, jaipur
People willing to take loans for family needs, improving lifestyle

The survey highlights that instances of taking a loan for family needs are the highest in cities like Patna (61%),…

By FE Bureau
August 9, 2019 03:55 IST
International Finance Corporation, IFC, IFC expansion plan, Srinivasa Farms, contract farming, chicken processing
IFC to invest Rs 130 crore in Srinivasa Farms

The firm is into integrated layer and broiler business which has diversified interests in soya, feed, contract farming, chicken processing…

By FE Bureau
August 9, 2019 03:51 IST
stock prices, China-US trade, housing finance companies, estate credit situation, domestic growth
Your money: Decline in stock prices – Time for some bottom-picking

Investors have a choice of expensive consumption-related stocks as they brace for near-term ructions arising from further escalation in China-US…

By FE Bureau
August 9, 2019 03:46 IST
farmers, future market, farmer benefit, farmer producer organisations, market
Linking farmers to future market to benefit both

An early action by NCDEX, the premier agri futures exchange, in collaboration with Nabard, which is the main body promoting…

By FE Bureau
August 9, 2019 03:19 IST
Affle, Affle india, Affle india IPO, initial public offering, BSE, trading season, market news
Affle makes strong debut with 17.5 per cent gains

The initial public offering (IPO) of Affle (India), which was subscribed over 86 times, made a high of Rs 958.3…

By FE Bureau
August 9, 2019 03:12 IST
UCO Bank, UCO Bank loss, prompt corrective action, fiscal year, Reserve Bank of India
UCO Bank narrows Q1 net loss to Rs 601 crore

The bank, which is under the prompt corrective action (PCA) framework of the Reserve Bank of India, had reported a…

By FE Bureau
August 9, 2019 03:10 IST
Mutual funds, MF, Motilal Oswal AMC, index funds,re-categorisation exercise, SEBI, TRI, fund manager, NFO, Bank Index Fund, Nifty 500 Index Fund,Nifty Small-cap 250 Index Fund
SIPs drive equity Mutual Funds’ stellar show

Market participants say inflows into equity funds were largely due to the rising contribution of systematic investment plans (SIPs) and…

By FE Bureau
August 9, 2019 03:09 IST
Yes Bank, Yes Bank floor price, capital raising committee, qualified institutional placement, yes bank board, market
Yes Bank fixes QIP floor price at Rs 87.90

Yes Bank also indicated that the committee at its discretion may offer a discount of not more than 5% on…

By FE Bureau
August 9, 2019 03:07 IST
Loans, cheaper loans, IDBI, OBC, MCLRs, IDBI Bank, basis points
Loans to become cheaper: IDBI, OBC cut MCLRs by up to 15 basis points

Despite a cumulative 75-bps cut in the repo rate between February and June this year, banks have reduced their weighted…

By FE Bureau
August 9, 2019 03:05 IST
PSU banks: Rs 70,000 crore capital infusion unlikely to drive growth

The market value of the government and LIC stakes stood at Rs 4.4 lakh crore as on July 29, 2019,…

By FE Bureau
Updated: August 9, 2019 11:30 IST
Tata Capital, non-convertible debentures, NCDs, Axis Bank, company
Tata Capital plans to raise Rs 4,126 crore via NCDs

The issue is the second tranche and has the base issue size of Rs 500 crore with an option to…

By FE Bureau
August 9, 2019 02:04 IST
UltraTech Cement, UltraTech Cement profits, UltraTech Cement revenue, interest, tax, depreciation
UltraTech Cement doubles standalone profit in April-June

Earnings before interest, tax, depreciation and amortisation (Ebitda) grew 59% to Rs 2,704 crore, while the margins for the quarter…

By FE Bureau
August 9, 2019 01:48 IST
Adani, Adani Transmission, Adani Transmission profits, Mumbai distribution business, adani group
Adani Transmission profit rises to 26% to Rs 213 crore

Revenue for the quarter went up 316% yo-y to Rs 2,889.7 crore as the company included Rs 2,189-crore income from…

By FE Bureau
August 9, 2019 01:46 IST
Adani, Adani profits, Adani Enterprises, Adani Enterprises net profit, April-June quarter
Adani Enterprises net profit rises over two-fold in Q1

The company received a favourable judgement from the appellate tribunal over an ongoing claim over a price escalation and interest…

By FE Bureau
Updated: August 9, 2019 01:49 IST
IndiGo, sebi, Sebi scrutiny, articles of association, Rakesh Gangwal, M Damodaran, indigo board structure, indutsry news
IndiGo: Failure to amend AoA could invite Sebi scrutiny

The independent director on IndiGo’s board, Anupam Khanna, has supported Gangwal’s apprehensions that the expansion of the airline’s board to…

By FE Bureau
August 9, 2019 01:37 IST
Jet Airways, Jet Airways employees, National Company Law Tribunal, committee of creditors, Jet Airways employees salary
Jet Airways: Receivables may be used to pay employees

Last month, the tribunal directed the resolution professional of Jet Airways to discuss concerns over payment of salaries with the…

By FE Bureau
August 9, 2019 01:35 IST
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Aditya Birla Group Chairman Kumar Mangalam Birla.

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Anthropic warns ‘self-improving AI’ could arrive sooner than expected; urges global treaty to manage threat

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