Home » Business

Business - Page 1212

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt wants to sale Air India at an adequate price, says Aviation Secy

The government intends to complete the disinvestment process by this year end.

22 May 2018 7:11 PM IST

As one part of the launch, passengers on the Hainan Island high-speed train will be able to watch the ceremony through LTE broadcast technology and the Gigabit wireless network. Ericsson.

5G to offer USD 27 bn business opportunity for India, says Ericsson

India is aspiring to launch 5G services at par with other technologically advanced nations.

22 May 2018 6:56 PM IST

Indian Oil Corporation

No directive from govt to control fuel prices, says IOCL Chairman

IOCL chairman stressed on bringing petroleum products under GST.

22 May 2018 5:56 PM IST

Tata Steel is an arm of $103 billion Tata Group.

Tata Steel to raise Rs 16,500 cr debt to fund Bhushan acquisition

Tata Steel said it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan...

22 May 2018 4:38 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.

Steps to deal with rising petrol, diesel prices likely this week

The prices in Delhi are the cheapest among all metros and most state capitals.

22 May 2018 4:26 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex halts 5-day slide in volatile trade

The 30-share Sensex opened in the green and hit a high of 34,754.60, but witnessed bouts of volatility.

22 May 2018 4:09 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT asks resolution professional, NCLT to hold order on Essar Steel

NCLAT would conduct daily hearing from July 23 on the matter.

22 May 2018 4:04 PM IST

China announced on Tuesday that it would cut tariffs on auto imports from July 1, the latest sign of a thaw in trade frictions with the United States.

China to cut auto tariffs on July 1 as trade tensions ease

The planned reduction in import duties from 25 percent to 15 percent is a boon for international automakers.

22 May 2018 3:17 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans

The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.

22 May 2018 2:32 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold halts slide on jewellers' buying, global cues

The yellow metal had lost Rs 115 in the last two days.

22 May 2018 2:27 PM IST

Reliance Communications (RCom) on Friday said that it was in advanced talks with Ericsson to resolve commercial issues to exit the bankruptcy proceedings.

RCom moves NCLAT challenging order allowing plea for its insolvency

Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network.

22 May 2018 2:14 PM IST

Hyundai has not revealed any renderings of the interior of the car.

Hyundai to hike vehicle prices by up to 2 per cent from June

The increased prices will not be applicable to the newly launched 2018 edition of SUV Creta.

22 May 2018 1:16 PM IST