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Updated: 17 hours 38 min ago

India Inc hails Jaitley's reform measures

Sat, 08/24/2019 - 14:05
Bharti Airtel Chairman Sunil Bharti Mittal said India has lost one of the finest political leaders and a legal luminary.

Tata Sons AGM okays 1000% dividend payout

Sat, 08/24/2019 - 14:05
The higher dividend will help Tata Trusts, which owns 67 per cent stake in Tata Sons, to invest in its charitable activities. The total dividend outgo will be Rs 404 crore.

Stock markets to see best Monday so far in 2019?

Sat, 08/24/2019 - 14:05
Market experts on why the bulls will be on the rampage first thing on Monday after the scrapping of enhanced surcharge on FPIs and other measures to ease the systemic liquidity squeeze and boost demand.

Now you can rent the superbike of your dreams

Sat, 08/24/2019 - 14:05
The monthly lease rental under the scheme will work out 20 per cent cheaper than buying the motorcycle on EMI, said Indian Motorcycle on launching the leasing facility in India for its bikes, reports Shally Seth Mohile.

The age of 5G is just around the corner

Sat, 08/24/2019 - 14:05
While 5G's features, such as enhanced speed, ultra-reliable and low-latency connectivity and guaranteed quality of service, promise to transform the digital experience in both the industrial and consumer space, they are of particular interest to a subset of organisations -- industrial manufacturers, says Subrahmanyam Kanakadandi.

Highlights of FM's eco booster announcement

Sat, 08/24/2019 - 14:05
Finance Minister Nirmala Sitharaman on Friday announced a slew of measures to boost economic growth and address distress in various sectors

Loans to get cheaper as banks will pass on rate cut

Sat, 08/24/2019 - 14:05
The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis points, the bank on an average had passed only 29 basis points out of 75 basis points cut affected during 2019.

Like in 1991, animal spirits need to be revived

Sat, 08/24/2019 - 14:05
'On every rational count, today's India is in dramatically better shape than 28 years ago. And yet, animal spirits today reflect doom and gloom as almost never before.

Jet: Irish lessor seeks to take back Boeing 777

Sat, 08/24/2019 - 14:05
The bankruptcy tribunal had on July 5, prevented the Directorate General of Civil Aviation from deregistering the Boeing 777 plane, which has been under the possession of a Dutch cargo provider since April.

IndiGo: Policy on related-party transactions gets nod

Sat, 08/24/2019 - 14:05
The feud between Gangwal and Bhatia came into the public after the former, in July, wrote to markets regulator Sebi seeking its intervention to address alleged corporate governance lapses at the company.

Housing finance cos to get Rs 20K cr liquidity support

Sat, 08/24/2019 - 14:05
The Rs 20,000 crore is in addition to Rs 10,000 crore support announced earlier by the housing sector regulator NHB.

AI owes Rs 5K cr in fuel dues;hasn't paid for 230 days

Sat, 08/24/2019 - 14:05
IOC, BPCL and HPCL on Thursday afternoon stopped ATF supplies to Air India at six airports - Kochi, Pune, Patna, Ranchi, Vizag and Mohali - over payment defaults. AI flights from these places were tanking up from other airports.

Sensex, Nifty rebound on hopes of FPI tax rollback

Fri, 08/23/2019 - 13:08
Among major gainers, Vedanta rose the most by 6.55 per cent, snapping its five-day losing streak.

SBI cuts interest rates on fixed deposits up to 0.5%

Fri, 08/23/2019 - 13:08
The bank said that it has retained interest rate on savings bank deposit at 3 per cent for customers with balances above Rs 100,000. Customers with SB balance up to Rs 100,000 will continue to get the rate of interest at 3.50 per cent despite cut in the repo rate by the RBI earlier this month.

Moody's cuts India's 2019 GDP growth forecast to 6.2%

Fri, 08/23/2019 - 13:08
For 2020 calendar year, it reduced the estimate by a similar measure to 6.7 per cent.

ED searches Naresh Goyal's premises in Delhi, Mumbai

Fri, 08/23/2019 - 13:08
Goyal was questioned by the Serious Fraud Investigation Office on Thursday in Mumbai in connection with allegations of some financial irregularities.

Amazon buys 49% pie in Kishore Biyani's Future Coupons

Fri, 08/23/2019 - 13:08
Through this transaction, Amazon has managed to acquire around a 3.6 per cent stake in the Future group.

How carmakers are planning a revival for the sector

Fri, 08/23/2019 - 13:08
Market leaders saw good traction for new cars, including the electric ones.

Grumble of slowdown is getting louder for India Inc

Fri, 08/23/2019 - 13:08
The companies' combined net profit declined by 10.1 per cent y-o-y during June '19 quarter against 26.2 per cent y-o-y growth a year ago.

Maruti recalls 40,618 units of WagonR

Fri, 08/23/2019 - 13:08
MSI will inspect certain WagonR models for a possible issue of fuel hose fouling with metal clamp.

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