Home » Business

Business - Page 1209

There will also be consolidation in the industry with the small and poor quality malls transforming into small offices, hospitals and educational institutions.

Foreign brands to push commercial realty growth

Developers are making use of past experiences and learnings to create superior quality malls.

24 May 2018 1:53 AM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Cabinet lets home buyers have creditors tag in IBC

Under the code, financial creditor implies any person to whom a financial debt is owed.

24 May 2018 1:43 AM IST

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Fuel price rises again, no decision on tax cut

Centre seeks to find long term solution for fuel pricing.

24 May 2018 1:11 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Fin Min ties up with e-commerce firms to give loans under PMMY

The three way partnership between lenders, industry and the government aims to facilitate small business loans.

23 May 2018 7:56 PM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Cabinet approves plan to install mobile towers in Meghalaya

The project will be funded by the Universal Service Obligation Fund.

23 May 2018 7:48 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Govt working on long-term solution to fuel prices, says Prasad

The 10-day relentless price increases built pressure on the government for cutting excise duty to give immediate relief...

23 May 2018 7:38 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Tata Motors Q4 net profit down nearly 50 pc to Rs 2,176 crore

It had posted net profit of Rs 4,336.43 crore in the corresponding period of 2016-17, Tata Motors said in a BSE filing.

23 May 2018 7:26 PM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

IMF urges Saudi Arabia to contain spending as deficit widens

Saudi Arabia has embarked on an ambitious reform drive, known as Vision 2030.

23 May 2018 6:41 PM IST

The notice comes just days after Law and IT Minister Ravi Shankar Prasad warned the social media giant Facebook of stringent action for any attempt to influence polls through data theft. (Photo: PTI/File)

Cabinet clears amendments to bankruptcy code

The panel had suggested that home buyers should be treated as financial creditors.

23 May 2018 5:03 PM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

TCS expands operations in Florida as part of Transamerica deal

TCS has invested USD 3 billion in US over the past three years and has been among the top two IT services job creators.

23 May 2018 4:55 PM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex skids 306 points; Nifty ends below 10,500

The 30-share BSE index opened higher at 34,656.63 and advanced to 34,668.47 in early trade.

23 May 2018 4:07 PM IST

Philippines national carrier Philippines Airlines has appointed Bird Travels as its general sales agent.

Fuel price hike may lead to increase in air fares: experts

The ATF price has witnessed an increase of nearly 30 per cent over the last one year and about 25 per cent in just last...

23 May 2018 3:30 PM IST