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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.

New industrial policy to be announced soon: Suresh Prabhu

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment...

23 April 2018 4:00 PM IST

Tata Sons, the companys promoter with 26.51 per cent stake, had asked Tata Motors on November 10 to convene an EGM for passing a resolution for removal of Mistry and Wadia as directors.

Tata Sons appoints ex-foreign secy as global corp affairs head

Jaishankar will report to Tata Sons Chairman N Chandrasekaran, the company said in a statement.

23 April 2018 3:51 PM IST

Paytm has revamped its app to make it even more user friendly and intuitive.

Paytm Payments Bank registers 100 million KYC wallets

The bank has introduced several options that include Paytm KYC centers and 'Paytm-Ka-ATM'.

23 April 2018 3:40 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Finance ministry not for cut in excise duty on petrol, diesel

Petrol price on Monday hit a 55-month high of Rs 74.50 a litre, while diesel rates touched a record Rs 65.75.

23 April 2018 3:38 PM IST

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

Bank of India inks pact with NeSL to share data under insolvency rules

BoI will avail NeSL service to expedite corporate insolvency resolution process.

23 April 2018 3:34 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

RBI sets rupee reference rate at 66.2177 against US dollar

The corresponding rates were 66.0167 and 81.4580, as on friday April 20.

23 April 2018 3:26 PM IST

Ducati has already filed a patent based on research conducted with the Politecnico di Milano University.

Ducati to introduce Radar on its motorcycles

Ducati is now planning to introduce radar-based safety systems on its bikes.

23 April 2018 2:30 PM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

Munjals, Burmans extend validity of their offer for Fortis

Hero Enterprise Investment, Burman Family have extended the validity of their improved, joint binding offer to invest Rs...

23 April 2018 2:16 PM IST

Domestic investors were reluctant to expand their portfolios ahead of the RBIs monetary policy review, brokers said.

Infra lending may take a back seat as RBI refuses to budge on new NPA...

Banks requested the RBI to make the required majority to 75 per cent for any such plan.

23 April 2018 2:00 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India receives USD 69 bn remittances in 2017; retains top slot

India has retained its position as the top remittances receiving country with its diaspora sending about USD 69 billion...

23 April 2018 1:29 PM IST

Online search giant Google has filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against a judgment from Indias competition watchdog.

NCLAT reserves order on Google's plea to stay Rs 136 cr penalty by CCI

CCI had slapped a fine on Google for unfair business practices in the Indian market for online search.

23 April 2018 1:00 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

NCLT asks Bhushan Steel CoC to consider Liberty House bid

NCLT has directed the committee of creditors (CoC) to complete its resolution proceedings by June 23.

23 April 2018 12:24 PM IST