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

Wilful defaulters' dues at PNB rose 23 per cent in 8 months

Bank makes available data pertaining defaults of Rs 25 lakh or more.

19 Feb 2018 12:55 AM IST

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city.

Indian banks take hit of at least Rs 17,632 cr from PNB fraud: Tax...

As of March 2017, banks had extended loans and guarantees worth Rs 17,632 crore to companies tied to Nirav Modi and...

18 Feb 2018 8:47 AM IST

Tata showcased just what it was capable of with the debut of two stunning concepts, the H5X SUV and the 45X premium hatch.

Tata to bring four more cars based on 45X and H5X platforms

Both platforms will spawn SUVs which will follow the launches of the 45X and the H5X.

17 Feb 2018 6:00 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold slips on fall in demand, global cues

Gold is trading at Rs 31,750 per 10 grams at the bullion market owing to easing demand from local jewellers.

17 Feb 2018 4:29 PM IST

AAI has been committed to the responsibility of enhancing its passengers travel experience and in providing facilities for passengers comfort and convenience.

AAI, a change agent moulding public perception

Installation of sanitary napkin vending machines at airports realising an imminent need of better women facilitation at...

17 Feb 2018 3:52 PM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold regains Rs 30,000-mark at bullion market during the week

Gold booked a gain of 3 per cent for the week, representing its biggest weekly rise since April 29, 2016.

17 Feb 2018 2:12 PM IST

Bombay Stock Exchange

Market ends flat for the week, PNB fraud shock play spoilsport

BSE Sensex and Nifty managed to close week flat at 34,010.76, up 5 points, and 10,452.30 marginally down 2.65 points...

17 Feb 2018 1:45 PM IST

British Indian steel tycoon Sanjeev Gupta.

British Indian steel tycoon reignites mothballed Tata furnace in UK

Sanjeev Gupta has invited Prince Charles to reignite a furnace in northern England which had been mothballed by Tata...

17 Feb 2018 1:15 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS got listed as World's best employer by Top Employer Institute

TCS was selected from a pool of 1,300 companies in 113 countries for offering exceptional services to its employees.

17 Feb 2018 11:37 AM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio offers Rs 2,200 cashback on purchase of smartphones

Jio offer is valid on first recharge done between February 15 to March 31, 2018 using new smartphones.

17 Feb 2018 10:46 AM IST

Coai said that this trend of mergers and consolidation, will remain a positive development, benefiting everyone in the long run.

No 'ease of doing business' in telecom sector: COAI

In last 12 months, telecom companies have invested Rs 34,677 crore to instal 3,46,778 base stations.

17 Feb 2018 10:32 AM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI to issue shares to govt for Rs 8,800 cr capital infusion

SBI will issue 29,25,33,741 shares on a preferential basis to government at price of Rs 300.82 per share.

17 Feb 2018 10:23 AM IST