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The cement industry is likely to register a flat growth of around 5 per cent in the current financial year.

India allows conditional import of petcoke; cement shares rise

India's imports of petcoke have declined this year as cement companies substituted some of their petcoke with coal.

17 Aug 2018 5:16 PM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Australian court quashes indigenous challenge to Adani mine

The company said the verdict allows it to secure land tenure for the site.

17 Aug 2018 5:07 PM IST

Paytm Mall has also unveiled the exclusive online launch of Vivobook X507 on its platform, available through Asus offline retail stores.

Paytm Mall targets USD 10 billion annual gross sales by March 2019

Paytm E-Commerce, which runs the online marketplace, achieved USD 3.5 billion in annualized gross sales in June 2018.

17 Aug 2018 4:56 PM IST

The Sensex has slid to 33,703 on February 20 a reduction of nearly seven per cent. Among other factors, one development has played its part in this fall: the announcement of the Long-Term Capital Gains (LTCG) tax on equity investments.

PE investments deal tally at USD 11.5 bn in January-July: Thornton

Real estate, e commerce and pharma also attracted investments of over USD 100 million.

17 Aug 2018 4:41 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex surges 284 points, Nifty hits new high

Sensex stayed in the green throughout the session and hit the day's high of 38,022.32 on a flurry of buying.

17 Aug 2018 4:12 PM IST

India Post is starting its India Post Payments Bank.

India Post Payments Bank launch deferred due to Vajpayee's demise

Prime Minister Narendra Modi was to launch IPPB on August 21.

17 Aug 2018 3:49 PM IST

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

TruJet in talks with Jet Airways to sublease up to 7 ATRs

The Naresh Goyal-promoted full service carrier currently has 15 ATRs in its fleet.

17 Aug 2018 3:23 PM IST

Greece exits the last of its three bailouts on August 20 and hopes to be able to borrow again in international markets after a nearly nine-year debt crisis that shrank the economy by a quarter and forced it to implement painful austerity measures.

Greece set to exit bailout, still faces daunting challenges

The crisis has proven deeply traumatic for Greeks who had enthusiastically swapped drachmas for euros in 2001.

17 Aug 2018 2:58 PM IST

Public sector banks (PSBs) wrote off Rs 2.41 lakh crore worth of loans between April 2014 and September 2017, the Rajya Sabha was informed on Tuesday.

Indian banks, insurance cos increasingly embracing digitisation: US...

Indian government is giving citizens direct access and connectivity, shifting away from bureaucracy.

17 Aug 2018 2:22 PM IST

Participants, including Saudi women, attend a hackathon in Jeddah prior to the start of the annual Haj pilgrimage in the holy city of Mecca. (Photo: AFP)

India will get 27 per cent richer by increasing women workforce

The Indian economy has grown around seven percent for the last two decades.

17 Aug 2018 1:20 PM IST

The National Health Agency (NHA) is the apex body for implementation of the insurance scheme.

Irdai asks insurers to cover mental illnesses

The Mental Health Care Act was passed by the Parliament of India in 2017.

17 Aug 2018 1:04 PM IST

Hinduja Group flagship company Ashok Leyland today reported a 20 per cent increase in total sales at 22,453 units for March 2018.

Ashok Leyland to supply 300 double-decker buses to BRTC

The delivery of buses to BRTC will take place within eight months.

17 Aug 2018 12:15 PM IST