Home » Business

Business - Page 1372

Punjab National Banks Mumbai had issued nearly 150 fraudulent letters of undertaking to Nirav Modi and his associates.

S&P: PSBs need urgent reforms

S&P Global Ratings said it expects the 4Rs and other initiatives to strengthen the India banking system in the medium to...

6 March 2018 1:29 AM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex drops 300 points to 2-week low amid global trade war fears

The 30-share barometer resumed lower and fell to a low of 33,653.41 in intra-day trade.

5 March 2018 4:04 PM IST

Aadhaar wallet app is the first government run wallet app for money transfers that enables digitisation of money and prevents theft or fraud.

UIDAI asks telcos to provide facility for users to know SIMs linked to...

UIDAI has directed telecom companies to make the new facility available to subscribers by March 15.

5 March 2018 3:55 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

Offshore India funds, ETFs register USD 1.1 bn inflow in Jan

India-focused offshore funds and ETFs are a subset of the overall foreign portfolio investor (FPI) flows.

5 March 2018 3:37 PM IST

Mojo will now be available to a wider range of consumers in more than 60 cities across India.

Mahindra unveils new variant of tourer bike Mojo at Rs 1.49 lakh

Mojo UT 300 comes equipped with a 300-cc liquid-cooled engine, compact digital panel and carburettor fuel system.

5 March 2018 3:35 PM IST

Tata Motors has so far sold more than 85,000 units of Zest since its launch in August 2014.

Tata Motors launches special edition of Zest at Rs 7.53 lakh

Passenger vehicle sales stood at 17,771 units as against 12,272 units in February 2017, up 45 per cent.

5 March 2018 2:13 PM IST

Aditya Mittal, Group CFO and CEO of ArcelorMittal Europe, (Photo: YouTube)

Aditya Mittal new president of ArcelorMittal

Aditya has proved himself an effective and accomplished manager as Group CFO and CEO of European operations.

5 March 2018 1:39 PM IST

Nearly 44 per cent of Alto sales contribution comes from young customers less than 35 years of age.

Maruti Suzuki Alto crosses 35 lakh cumulative sales mark

In 2017-18, nearly 55 per cent of customers have selected Alto as their first car purchase.

5 March 2018 1:10 PM IST

Choksi and Modi got issued LoUs and FLCs of Rs 12,636 crore in favour of foreign branches of Indian banks based on fraudulent claims.

Gitanjali Gems falls 5 per cent to hit 52-week low

Gitanjali Gems has lost as much as 70 per cent since February 14, the day the PNB fraud came to light.

5 March 2018 12:35 PM IST

The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI gets tough on MNC banks, asks them to create sub-targets to meet...

All bank loans to MSMEs will now qualify under PSL without any credit cap.

5 March 2018 11:52 AM IST

Chairman of Manipal Global Education Services and Aarin Capital Mohandas Pai. (Photo: PTI)

Strict H-1B visa rule not to impact Indian IT companies: Pai

US, which has taken a number of steps to tighten visa processes, accounts for over 60 per cent of India's IT export...

5 March 2018 11:45 AM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India's services industry contracts in February as inflation hits...

Services activity suffered for most of last year following a ban of high value currency notes in November 2016.

5 March 2018 11:12 AM IST