Home » Business

Business - Page 1068

HDFC Bank raises fixed deposit rates by up to 0.6 per cent

The deposit of maturity 6-9 months would earn 6.75 per cent, 40 basis points higher than previous rate.

6 Aug 2018 3:24 PM IST

German luxury car maker BMW on Thursday launched the diesel variant of its 6 Series Gran Turismo model in India with price starting at Rs 66.5 lakh.

BMW apologises over engine fires caused by hardware problem

A BMW recall of 42 models over safety concerns last month affected 1,06,000 vehicles.

6 Aug 2018 3:14 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold rises by Rs 35 per 10 gm on jewellers' buying

Gold is trading at Rs 30,585 per 10 grams at the bullion market on persistent buying by local jewellers.

6 Aug 2018 3:08 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Reliance Communications, Ericsson reach USD 80 million settlement

India's bankruptcy court admitted a plea by Ericsson seeking insolvency resolution against RCom over unpaid service...

6 Aug 2018 2:14 PM IST

Maggi attains over 60 pc market share, touches pre-crisis level in...

Maggi contributes around one-third of the total sales of the company.

6 Aug 2018 2:01 PM IST

Union minister Nitin Gadkari said development work worth Rs 5 lakh crore would be started in Maharashtra. (Phptp: Debasish Dey)

Vehicle scrap policy to see another round of consultations: Gadkari

He said that after "taking everyone's views" it will be sent back to the PMO for approval.

6 Aug 2018 2:00 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

High operating profit to help ONGC cut borrowings, says Moody's

ONGC reported 47.2 per cent increase in EBITDA or operating profit to Rs 14,240 crore.

6 Aug 2018 1:56 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

Young IDBI staff threatens suicide as merger plan with LIC moves on

IDBI Bank Officers' Association, in association with AIBOC, will go on strike from August 6-10.

6 Aug 2018 1:53 PM IST

Initially, the service will be provided at Indira Gandhi International Airport here but will be later extended to 15 other airports in the country where e-visa facility is available. (Photo: Representational Image)

Govt extends e-visa facility for 165 countries to promote tourism

A 24X7 toll free multi-lingual tourist helpline has also been put in place as part of the efforts.

6 Aug 2018 1:39 PM IST

A dishonoured cheque.

Courts may now order interim relief in cheque bounce cases

President Ram Nath Kovind has given his assent to the Negotiable Instruments (Amendment), Act, 2018.

6 Aug 2018 1:25 PM IST

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

NCLAT extends deadline for submission of revised bid for Bhushan Steel

Tata Steel put in a bid of Rs 17,000 crore. Bhushan Power and Steel owes about Rs 45,000 crore to its lenders.

6 Aug 2018 12:54 PM IST

Aadhaar is a 12-digit number, issued by the Unique Identification Authority of India (UIDAI), that acts as identification and address proof. (Photo: File)

Aadhaar helpline number cannot steal data, says UIDAI

Google admitted that the number 18003001947 was added by it 'inadvertently' along with police and fire number.

6 Aug 2018 12:43 PM IST