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Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

Business

Indian equity market moving towards more stability, says report

The report further noted that equities beat other asset classes even when bought at market peaks.

28 May 2018 6:41 PM IST

LIC bought an additional stake of over 3 per cent in Bank of India for about Rs 450.88 crore. (Representational Image)

Business

Bank of India Q4 loss widens to about Rs 4,000 crore on bad loans

The gross non-performing assets (NPAs) hit 16.58 per cent of the gross advances, as against 13.22 per cent by end March...

28 May 2018 6:35 PM IST

The dispatches for the 2018 series Gixxer and Gixxer SF motorcycles have commenced and will be available across dealerships.

Business

Suzuki Motorcycle launches Gixxer ABS variant at Rs 87,250

With enhancements like ABS, the company will continue to improve on the value-proposition it offers to its customers.

28 May 2018 6:28 PM IST

The social, convivial atmosphere of Dawn has been encapsulated in a light-hearted music video introducing Dawn Inspired by Music. (Photo: ANI)

Business

Rolls-Royce Dawn 'Inspired by Music' takes to the stage

The social, convivial atmosphere of Dawn has been encapsulated in a light-hearted music video introducing Dawn 'Inspired...

28 May 2018 6:18 PM IST

Reserve Bank of India keeps the repo rate and reverse repo rate unchanged.

Business

RBI asks Rupee Co-op Bank to continue restriction for 3 more months

As per Rupee Co-Operative Bank website, the lender has 40 offices/branches, including the headquarter in Pune, across...

28 May 2018 6:08 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Business

RBI sets rupee reference rate at 67.4430 against dollar

The exchange rates for the pound and the yen against the rupee were 89.8880 and 61.57 per 100 yens, respectively.

28 May 2018 5:52 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Business

Number of GST amendments likely in Monsoon Session, says official

A total of 20 states have already implemented the e-way bill system, dates of which has seen several deferments in the...

28 May 2018 5:47 PM IST

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

Business

Icra lowers ratings on Jet Airways' loan facilities

Continued support from Etihad Airways is fundamental towards turning Jet Airways around and improving its liquidity...

28 May 2018 5:36 PM IST

$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business