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RCom chairman Anil Ambani

Debt-saddled RCom's repayment plan hits snag as Aircel deal collapses

RCom has earned a temporary reprieve from its banks, who have agreed to a standstill on its debt obligations.

2 Oct 2017 8:32 PM IST

Tata Steel gave no update on the future of the rest of its UK assets including Britains biggest steel plant at Port Talbot in Wales.

Thyssen-Tata Steel merger puts fate of UK's top steel plant at risk

The merger was driven chiefly by a need to address chronic overcapacity in Europe's steel market.

2 Oct 2017 7:55 PM IST

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Fitch downgrades India's growth forecast to 6.9 per cent

Fitch Ratings said the global economy has improved markedly this year and is on course to recording its fastest...

2 Oct 2017 7:23 PM IST

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

Operationalising individual insolvency norms a priority: IBBI Chairman

In one year of existence, the Insolvency and Bankruptcy Board of India (IBBI) has already put in place the...

2 Oct 2017 6:26 PM IST

State Bank of India, SBI, chairperson Arundhati Bhattacharya takes part in Swachh Bharat Abhiyan or Clean India Movement on Monday. (Photo: SBI/Twitter)

SBI's Arundhati Bhattacharya, team clean Marine Drive

Bhattacharya says they have been part of Swachh Bharat Abhiyan since its inception three years ago.

2 Oct 2017 6:03 PM IST

Idea and Vodafone

Idea-Vodafone merger likely to be completed by March

Both the companies are before National Company Law Tribunal (NCLT) for seeking its nod.

2 Oct 2017 5:55 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

CAIT demands action against e-commerce sites -"flouting FDI policy-"

If no action is taken by the govt trade body may opt for approaching court of law for obtaining justice.

2 Oct 2017 5:13 PM IST

India on Monday received its first ever shipment of US crude oil with state-owned Indian Oil Corporation (IOC). Photo: Twitter| @IndianOilcl

First US oil shipment to India arrives at Paradip

MT New Prosperity, with a capacity to haul two million barrels of crude, left the US on August 19 and arrived at Paradip...

2 Oct 2017 5:07 PM IST

Volkswagen India sales jump 17 per cent to 4,603 units in September

The company had sold 3,929 units in the same month last year.

2 Oct 2017 4:47 PM IST

Reserve Bank of India, RBI, is meeting on October 3-4 for its bimonthly policy review. (Photo: PTI)

RBI seen keeping rates on hold on inflation concerns

RBI has made a priority of maintaining consumer inflation at around 4 per cent with a band of -/+2 per cent.

2 Oct 2017 4:45 PM IST

Powai, Khar, Bandra and Andheri have witnessed a rise in molestation cases recently.

Molestation worrisome, need confidence-building measures, says...

The fear of law must be instilled among those who are prone to commit heinous crime, it added.

2 Oct 2017 4:36 PM IST

Bajaj Auto said its total commercial vehicle sales during the month under review stood at 28,555 units

Bajaj Auto sales grow 14 per cent in Sept at 4,28,752 units

The company had sold 3,76,765 units in the same month last year.

2 Oct 2017 3:58 PM IST