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Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

New bankruptcy rules to hit banks

There are promoters who want to regain control over the company by offering the most competitive bids during the...

25 Nov 2017 1:43 AM IST

Standard & Poors is an American financial services company. (Photo: File)

S&P still keeps India poor'

Cites higher debt to refuse a rating upgrade; lauds Modi's reforms.

25 Nov 2017 1:39 AM IST

After the Delhi Metros Majenta line gets operational, Botanical Garden will be the first interchange station outside Delhi. (Representational Image | PTI)

Fare hike costs Delhi Metro three lakh commuters a day

Metro's daily average ridership came down to 24.2 lakh in October from 27.4 lakh in September.

24 Nov 2017 7:27 PM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee skids from 3 week high to 64.70, down 12 paise

RBI, meanwhile, fixed the reference rate for the dollar at 64.7328 and for the euro at 76.7213.

24 Nov 2017 7:19 PM IST

The RBI on Saturday said linking of Aadhaar with bank accounts is mandated under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017.

Department of Posts extends AADHAAR enrolment facility in Tamil Nadu

The 70 post offices in Tamil Nadu circle had made 14,756 transactions till date, it said

24 Nov 2017 7:02 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank employees against merger of smaller PSU banks

Merger would not bring any relief to the ailing' banking industry as the increasing Non Performing Assets.

24 Nov 2017 6:40 PM IST

Indias forex reserves have shot up considerably.

Forex reserves rise by USD 240.4 million to USD 399.53 billion

Country's reserve position with Fund increased by USD 12.1 million to USD 2.273 billion.

24 Nov 2017 6:32 PM IST

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

Nifty up 41 points; ends below 10,400

NSE Nifty opened higher at 10,366.80 and moved in a range of 10,404.50 and 10,362.25 before ending higher by 40.95...

24 Nov 2017 6:26 PM IST

Standard & Poors is an American financial services company. (Photo: File)

India's outlook stable, says S&P, retains rating at 'BBB-minus'

India's strong GDP growth and external profile are balanced against low per capita income, high debt, S&P said.

24 Nov 2017 5:54 PM IST

The solar power generation unit will use the latest technology and will have a mechanism to track the movement of the sun for maximum energy output. (

Govt to auction up to 21 GW solar, wind capacity by March 2018

Power minister asserted that India will easily achieve 200 GW renewable energy capacity by 2022.

24 Nov 2017 4:57 PM IST

Brokers and shareholders at Kolkata share market react as Sensex and Nifty gain after opening on the first day on Monday following the launch of GST. (Photo:PTI)

Market gains for 7th session, Sensex up 91 points

The broader Nifty reclaimed the 10,400-mark to scale an intra-day high of 10,404.50.

24 Nov 2017 4:40 PM IST

GoAir flight to Bengaluru from New Delhi was carrying 190 passengers.

GoAir offers heavy discounts on select routes

Offers, for which bookings have commenced is only for a limited period and on the first-come- first served basis.

24 Nov 2017 4:28 PM IST