Top
Home ยป Business

Business - Page 1562

A Broker checks changing share prices at BSE. (Photo: PTI)Business
Banks' recap: PNB surges 32 per cent, Bank of India 24 and SBI 20 per...

Also, Andhra Bank was quoting 14.96 per cent higher, Allahabad Bank 12.70 per cent and Syndicate Bank 12.11 per cent.

25 Oct 2017 12:09 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTIBusiness
RCom may shut wireless biz in 1 month due to 'creative destruction' by...

Reliance Jio has been offering voice calls practically free of cost and data packs at rock-bottom prices.

25 Oct 2017 11:58 AM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)Business
Demonetisation, GST to cool India's GDP growth to a four-year low

Note ban and GST have disrupted business activity and dampened consumer demand, says report.

25 Oct 2017 11:03 AM IST

The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)Business
Capital infusion of PSBs to support credit growth, job creation

According to SBI report Ecowrap, this recapitalisaiton plan will help government to gear-up lending to MUDRA scheme.

25 Oct 2017 10:59 AM IST

The benchmark BSE Sensex gained over 156 points in early trade on Tuesday. (Photo: AP)Business
Bank shares drive up Sensex, Nifty on govt's recapitalisation plan

Bonds fell, with the benchmark 10-year bond yield up 3 basis points to 6.81 per cent from its previous close.

25 Oct 2017 10:30 AM IST

The BSE Sensex on Wednesday soared to a life-time high of 33,117.33 and the NSE Nifty scaled a historic 10,340.55 mark in opening trade. (Photo: AP)Business
Sensex, Nifty scale fresh highs on Jaitley's big boost to infra, PSU...

All sectoral indices led by bank, PSU, capital goods and infrastructure were trading in positive with up to 6.27 per...

25 Oct 2017 10:11 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)Business
Rupee softens 8 paise against dollar in early trade

Dealers attributed the rupee's fall to the dollar's strength against some other currencies overseas.

25 Oct 2017 10:00 AM IST

Vodafone India joined hands with mobile handset firm Micromax to launch a 4G smartphone at an effective price of Rs 999. (File Photo)Business
Vodafone, Micromax tie up to launch 4G smartphone at 'effective price'...

Reliance Retail is offering JioPhone in partnership with Reliance Jio against fully refundable deposit of Rs 1,500.

25 Oct 2017 9:53 AM IST

Petroleum Minister Dharmenda Pradhan on Wednesday defended the daily price revision mechanism calling it rational and transparent.Business
Building consensus among states over bringing petrol under GST:...

Currently, there is a wide disparity in the price of petroleum products due to different taxes in the states.

25 Oct 2017 9:40 AM IST

Shares of HCL Infosystems on Tuesday surged 18 per cent after the company said it will distribute Apple products in Indian market.Business
HCL Q2 net profit leaps 9.5 per cent on software services sector

Analysts on average expected the company to post a profit of Rs 21.59 billion, Thomson Reuters data showed.

25 Oct 2017 9:29 AM IST

Nandan NilekaniBusiness
Infosys clears Vishal Sikka, ex-board on Panaya

nfosys pointed out that the company published the summary findings of these investigations, given the attention these...

25 Oct 2017 2:23 AM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.Business
PSU banks will get fresh Rs 2.11 lakh crore in funding

In the last three-and-half years, the government has pumped in '58,848 crore capital in the public sector banks.

25 Oct 2017 2:17 AM IST

X