Home » Business

Business - Page 1019

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex turns choppy after hitting record high

The 30-share index rose by 93.02 points, or 0.23 per cent, to hit a new high of 38,989.65.

29 Aug 2018 9:59 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee falls 22 paise against US dollar in early trade

Rupee is trading at 70.32 against dollar, hurt by fresh demand for the American currency from importers.

29 Aug 2018 9:46 AM IST

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB eyes IBC route for Rs 6,000 crore power NPA recovery

PNB will go for the NCLT route of recovery rather than debt restructuring with companies.

29 Aug 2018 9:22 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

Govt, banks may have to float USD 9 billion AMC/ARC

The government will have to infuse $26.5 billion into the state-run banks (excluding SBI) in FY19-20.

29 Aug 2018 8:35 AM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways seeks to reassure investors with cost-cutting plan

The airline's net debt as of June 30 was 73.64 billion rupees.

29 Aug 2018 8:27 AM IST

American retail chain Walmart will invest Rs 900 crore in Maharashtra.

Traders file plea against Walmart

CCI on August 8 appr-oved the proposed acquisition of Flipkart by Walmart.

29 Aug 2018 1:33 AM IST

Leading exchange BSE has revised the circuit limit for the shares of five companies to curb excessive volatility in their prices.

Markets ignored five risk factors

Ambit Capital says Indian stock markets are currently in the 'overvalued' territory.

29 Aug 2018 1:29 AM IST

CBDT has made available in the Compliance Module on the e-filing portal of the Income Tax Department the information relating to the identified non-filers.

CBDT extends last date of filing ITR due to severe Kerala floods

Earlier, the CBDT had extended the last date of filing ITR by one month.

28 Aug 2018 7:43 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol crosses Rs 78, diesel rates at new high

Fuel prices have been on the rise since August 16 after the rupee dipped to its lowest value against the US dollar.

28 Aug 2018 7:15 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC to buy 14.9 per cent stake in IDBI Bank

Union Cabinet had approved LIC's proposed acquisition of up to 51 per cent stake in debt-ridden IDBI Bank.

28 Aug 2018 7:10 PM IST

The Reserve Bank of India on Thursday kept the key policy rate unchanged at 6 per cent for the fourth consecutive time.

RBI employees' 2-day mass leave to paralyse banking operations

UFRBOE has called the mass casual leave on September 4 and 5 which will be participated by all officers.

28 Aug 2018 7:01 PM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

6000 railway stations will be WiFi-enabled in next 6 months: Goyal

He said that the national transporter will have to start thinking, planning, and working smartly.

28 Aug 2018 6:54 PM IST