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

IDBI Bank's net loss widens to Rs 5,663 crore in Q4

The bank had reported a net loss of Rs 3,199.77 crore in the corresponding January-March quarter of 2016-17.

25 May 2018 4:02 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Malaysia's IHH Healthcare extends validity of revised offer for Fortis

Fortis' board of directors is scheduled to meet on May 30 to consider and approve the audited financial results.

25 May 2018 3:49 PM IST

Lenders move NCLAT for early hearing in Essar Steel case

The NCLAT had on May 22 ordered hearing on the appeals on a daily basis from July 23-26.

25 May 2018 3:37 PM IST

The cases that are often registered include phishing, online fraud, cheating, stalking on social media, email abuse, hacking and copyright violations.

India among top 3 countries most targeted for phishing: report

As per the report, consumer transactions and fraud continue to grow in the mobile channel.

25 May 2018 3:27 PM IST

Toyotas Entune software currently uses a version of Apples Siri voice-activated assistant.

Toyota, Suzuki expand scope of partnership in India

TKM to produce models developed by Suzuki for sale in India through each of the Toyota and Suzuki brand network.

25 May 2018 3:13 PM IST

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

Gold surges Rs 350 on global cues, high demand

Gold is trading at Rs 32,475 per ten gram at the bullion market.

25 May 2018 2:38 PM IST

India has been the worlds fastest growing major economy over the past two years.

Indian economy strong, reforms on track: CII

India's economy is robust with GST system having settled down and reforms firmly on the right path.

25 May 2018 2:32 PM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS m-cap surges past Rs 7 lakh crore mark

Market valuation of TCS jumped to Rs 7,03,309 crore in intra-day session on the BSE.

25 May 2018 2:00 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Prabhu to raise visa, steel duty, WTO issues with USTR

India's exports of steel and aluminium products to America stood at about USD 1.5 billion every year.

25 May 2018 1:54 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

OPEC, non-OPEC discuss around 1 mn bpd oil output rise: sources

OPEC and non-OPEC ministers meet next in Vienna on June 22-23, and the final decision will be taken there.

25 May 2018 1:49 PM IST

Nirav Modi diverted Rs 4,299 cr to himself, family and firms: ED in...

The agency would soon file a second charge sheet against Modi's uncle and jeweller Mehul Choksi and his businesses.

25 May 2018 1:21 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB fraud: ED files charge sheet against Nirav Modi, associates

ED charge sheet focuses on money laundering aspect and role of Nirav Modi and others in perpetrating the alleged fraud.

25 May 2018 11:45 AM IST