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Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

RCom, subsidiary GCX's ratings unaffected by debt repayment plan:...

Re-rating will happen after clarity on the execution of sale of its assets and the capital structure of the revamped...

1 Nov 2017 12:24 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.

GST will further boost India's ranking in 'ease of doing business'

Bankers and experts have expressed hope that GST will strengthen the country's position in future.

1 Nov 2017 11:40 AM IST

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

India manufacturing PMI 'stagnates' in October

Nikkei India Manufacturing Purchasing Managers' Index fell to 50.3 in October, from 51.2 in September.

1 Nov 2017 11:27 AM IST

After a short-lived breakout last week, the rupee once again turned shaky and ended lower by 11 paise at 65.04 on fresh bouts of dollar demand. Photo: AP

Rupee up 12 paise against dollar in early trade

Rupee positively reacted to India's jump on Ease of Doing Business ranking.

1 Nov 2017 10:01 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Nifty beyond 10,400, Sensex at new high on World Bank ranking

Benchmark BSE Sensex too climbed 238.16 points, or 0.71 per cent, to trade at new record of 33,451.29.

1 Nov 2017 9:50 AM IST

Vodafone is Indias second largest telecom operator in terms of susbcriber base. (Photo: AFP)

Vodafone India witnessing 180 pc growth in IoT customers

IoT is an emerging technology wherein devices are connected and capable of 'speaking' to each other.

1 Nov 2017 9:27 AM IST

The case was first detected by the Delhi police after it intercepted three persons with about Rs 3.7 crore cash in old notes in front of the Axis Bank branch in November last year.

Axis Bank shares surge 8 pc, mcap rises by Rs 9,295 cr

In terms of equity volume, 24.36 lakh shares of company were traded on BSE and over 3 cr shares changed hands at NSE.

1 Nov 2017 9:19 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank Q2 net loss at Rs 198 cr as NPAs rise

Bank had reported net profit of Rs 55.52 crore for the July-September period of last fiscal, 2016-17.

1 Nov 2017 9:10 AM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO asks staff to pull up socks as subscribers base erodes

As per the data, 31 offices have reported subscribers base erosion by over 10 per cent in September.

1 Nov 2017 9:06 AM IST

IndiGo has been forced to ground 13 planes and cancel 84 flights because of issues with engines. (Photo: PTI/File)

Compensation from P&W, Airbus has IndiGo net soaring fourfold

The load factor rose 180 bps to 84 per cent while the yield rose 8.9 per cent to Rs 3.57 from Rs 3.28.

1 Nov 2017 9:00 AM IST

Crude oil output registered a growth of 0.1 per cent during the month under review as compared to a contraction of 4.1 per cent in September 2016.

Infra output grows 5.2 per cent in September

The expansion in September is highest since April, when the core sectors' growth stood at 2.6 per cent.

1 Nov 2017 5:05 AM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

Car companies likely to see high pressure on profitability

Icra pointed out that the overall capacity utilisation remains modest.

1 Nov 2017 4:57 AM IST