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Karnataka uncertainty makes Sensex end in red

According to the provisional data released by the stock exchanges, foreign portfolio investors (FPI) sold shares worth...

17 May 2018 12:19 AM IST

Fresh chargesheet names Mehul Choksi, PNB ex-MD

An LoU is a guarantee given by an issuing bank to Indian banks having branches abroad to grant short-term credit to the...

17 May 2018 12:12 AM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel to lay-off section of Telenor staff post-merger

Both the companies had entered into an agreement for the deal in February 2017.

16 May 2018 8:37 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI Card looks to grow at 40 per cent in FY 2019

The company witnessed over 75 per cent year-on-year growth in average monthly card spends in FY18.

16 May 2018 8:25 PM IST

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

Tata Steel reports Q4 net profit at Rs 14,688 crore

The total expenses of the company stood at Rs 32,626.42 crore during the quarter.

16 May 2018 8:13 PM IST

The government is preparing an action plan to recover revenues from high networth defaulters like Nirav Modi and Vijay Mallya who escaped the law and slipped out of the country.

Sebi closes proceedings against Mallya's 3 group firms

The acquisition was exempted from open offer obligations, but no disclosure was made by the UB group firms.

16 May 2018 7:58 PM IST

Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

CAIT says Flipkart-Walmart deal circumvents laws

Its team of lawyers is studying the deal and very shortly, CAIT will move to appropriate authorities and seek legal...

16 May 2018 7:35 PM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

Cabinet approves tax information exchange pact with Brunei

The agreement enables the competent authorities of India and Brunei to provide assistance through exchange of...

16 May 2018 7:27 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Air India to phase out remaining 3 Classic A320s by December

Air India has already removed 11 classic A320 planes out of operations.

16 May 2018 7:15 PM IST

Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys sets up blockchain-based trade network in India with 7 banks

Infosys said the network is designed to digitise trade finance business processes.

16 May 2018 5:48 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.

Cabinet approves National Biofuel Policy

It also allows use of surplus food grains for production of ethanol for blending with petrol.

16 May 2018 5:38 PM IST

State-owned Bharat Sanchar Nigam Ltd (BSNL) has approached the Communications Ministry for recovery of its outstanding dues from the troubled telecom firm Aircel, which recently filed for bankruptcy.

Govt clears raising budget by Rs 11,330 cr for Defence NFS project

It will have forward linkages to other related industries such as telecom equipment manufacturing and other telecom...

16 May 2018 5:20 PM IST