Home » Business

Business - Page 1283

NCLT declares rebid for Essar Steel invalid

Essar Steel owes around Rs 49,000 crore to banks, is the biggest asset on the block right now.

20 April 2018 9:31 AM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Monetise Air India assets rather than selling stake: SJM to govt

The government has injected more than Rs 23,000 crore since 2012 to bail out the airline.

20 April 2018 9:23 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

RBI minutes: Patel in favour of more data before changing policy...

The flow of funds from non-bank sources to the corporate sector has also been rising.

20 April 2018 9:16 AM IST

People in many states are complaining of cash crunch at ATMs. (Photo: ANI | Twitter)

Govt's own decision created currency crisis

RBI will need to print more notes and the cash gap will persist for some more time.

20 April 2018 8:41 AM IST

TCS CEO Rajesh Gopinath

TCS sees rebound in financial client spending in 2018-19

Tata group, reported 320.75 billion rupees as income from operations, a rise of 8.2 per cent from a year ago.

20 April 2018 8:31 AM IST

Centre sees cash crunch ease

Rs 200, Rs 500 notes are being printed 24x7 at all press to meet shortfall.

20 April 2018 1:28 AM IST

Inflation concerns growing: RBI

During the previous MPC meeting, only one member was in favour of a rate hike while others favoured a neutral stance.

20 April 2018 1:26 AM IST

Washington said ZTE had violated an agreement reached after it was caught illegally shipping goods to Iran.

China to speed up development of chips

Officials held meetings with ministries as trade tension with US rises.

20 April 2018 1:26 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

Withdraw up to Rs 2,000 from PoS machines free of charge: SBI

SBI has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash to the customers.

19 April 2018 5:19 PM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel likely to offer free subscription of Netflix on TV app

Netflix and Airtel are in advanced discussions for an exclusive tie-up to offer Netflix content to Airtel mobile...

19 April 2018 4:36 PM IST

The government will sell 5 percent stake in the countrys largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore.

NTPC wants to exit joint venture with BHEL

The two companies had invested Rs 50 crore each as equity in the joint venture.

19 April 2018 4:33 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex spurts 96 points in see-saw trade; metals shine

NSE 50-share index, after moving between 10,572.20 and 10,546.20, ended at 10,565.30, up 39.10 points, or 0.37 per cent.

19 April 2018 4:19 PM IST