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HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Bank plans to raise Rs 50,000 cr via bonds in FY'19

HDFC Bank plans to raise Rs 50,000 crore through bonds in the next 12 months to fund business expansion.

13 April 2018 2:58 PM IST

The RBI move comes at a time when banks already battling near-record levels of soured loans are staring at an increase in stressed assets after a rule change announced in February.

Time ripe to nationalise private sector banks: Unions

There are serious charges of corruption and nepotism in sanction of loans.

13 April 2018 2:49 PM IST

In the beta form, users can generate their Virtual ID and use it to update address in Aadhaar online for the time being, according to UIDAI which announced the Virtual ID concept earlier this year to address privacy concerns.

India should ensure privacy in biometric identification programmes:...

IMF said, biometric identification and electronic payments have helped reduce leakages in LPG subsidies.

13 April 2018 2:40 PM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold slides on weak demand, silver below Rs 40,000

Gold lost Rs 350 to Rs 31,800 per ten gram on Friday, aligning with a sluggish overseas trend amid fall in local demand.

13 April 2018 2:17 PM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

RInfra, Astaldi JV wins Rs 1,584 cr contract from Mumbai Metro

The scope of work includes part design and construction of elevated viaduct and stations.

13 April 2018 2:07 PM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

India's Coinsecure exchange says USD 3 million worth of bitcoins...

Coinsecure said it would compensate customers for losses from its existing funds.

13 April 2018 1:49 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi hikes FPI investment limit for govt debt, corp bonds in 2...

Limit for FPIs in central govt securities shall be enhanced to Rs 2,07,300 cr on April 12 and Rs 2,23,300 cr on Oct 1.

13 April 2018 1:07 PM IST

HMSI has also started working on an electric scooter.

Honda electric scooter already in the works

HMSI has also started working on an electric scooter.

13 April 2018 12:53 PM IST

Bombay Stock Exchange

Sensex surges over 200 points, Nifty above 10,500

The broader Nifty50 index was also trading above 10,500-level at 10,515.45, up 56.80 points or 0.56 per cent.

13 April 2018 12:42 PM IST

Uber France is facing criminal proceedings in a court in the northern French city of Lille for its UberPop service.

Uber aims to reduce traffic and congestion with 'Movement'

Uber on Thursday launched the second phase of 'Movement' in India.

13 April 2018 12:17 PM IST

Titan had launched new products in recent times, had good wedding gifts and kicked off an end-of-season sale offering up to 40 per cent discount.

Titan eyes gross revenue of Rs 50,000 crore by FY 2023

Titan on Friday said it is eyeing a gross revenue of Rs 50,000 crore by financial year 2022-23.

13 April 2018 12:07 PM IST

State-owned construction firm NBCC Ltd is targeting to achieve a higher growth of 30-35 per cent from next fiscal onwards.

NBCC ties up with Skill Development Institute to train workers

NBCC has pledged to impart training to 40,000 workers (including both onsite and offsite) in next five years.

13 April 2018 11:35 AM IST