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The Assocham Year Ahead Outlook observed that Indias M&A transactions witnessed a quantum jump of 170 per cent in valuations.

M&As may touch $50 billion in 2018

Transactions likely to focus on sectors such as healthcare, telecom, energy, realty.

2 Jan 2018 1:33 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI lowers base rate, BPLR by 30 bps; leaves MCLR unchanged

Nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent.

1 Jan 2018 5:07 PM IST

The decline in retail inflation has been mainly on account of falling prices of vegetables and pulses.

Retail inflation for industrial workers up at 3.97 pc in Nov

Food inflation stood at 3.91 per cent in November against 2.26 per cent of the previous month.

1 Jan 2018 4:39 PM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

JSW Energy cancels deal to buy JPVL's 500 MW Bina plant

In May, 2017, JSW Energy had informed BSE that the Long Stop Date was extended from May 31, 2017 to December 31, 2017.

1 Jan 2018 4:30 PM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Govt relaxes norms for rectification of returns under GST

GSTR-3B, initial summarised return, has to be filed by businesses by 20th day of every month.

1 Jan 2018 4:22 PM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.

Sensex retreats from record high, falls 244 points

Nifty cracked below 10,500-mark to hit a low of 10,423.10 before settling 95.15 points, or 0.90 per cent down at...

1 Jan 2018 4:06 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

New helpline for income tax e-filing

Department has separate helpline numbers to take questions and queries on various other issues that a taxpayer faces.

1 Jan 2018 3:03 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank raises $500 million from overseas lenders

Private sector bank has concluded the syndicated term loan facility from a group of overseas investors.

1 Jan 2018 2:55 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

1 Jan 2018 2:33 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank to offer 11.9 crore shares in IPO

IPO will consist of a fresh issue of up to 97,663,910 equity shares and an Offer for Sale of up to 14,050,780 equity...

1 Jan 2018 2:22 PM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Hyundai sales up 10 pc in December at 62,899 units

Domestic sales of company, however, rose marginally to 40,158 units last month as compared to 40,057 units.

1 Jan 2018 11:35 AM IST

Maruti Suzuki India

Maruti December sales up 10.3 per cent at 1,30,066 units

Sales of mini segment cars witnessed a 2 per cent rise to 32,146 units during the month.

1 Jan 2018 11:14 AM IST