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UltraTech Cement, which had a cement production capacity of around 63 million tonnes, had added another 21.2 million tonnes capacity with the acquisition of Jaypees cement plants.

Ultratech Cement launched in Visakhapatnam

This comes close on the heels of the company launching its brand in Vijayawada recently.

3 Aug 2017 3:53 AM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

Rate cut is an important step for growth: Centre

The government had been pitching for a rate cut to boost economic growth amid retail inflation falling to a historic low...

3 Aug 2017 3:45 AM IST

RBI governor Urjit Patel

RBI cuts repo rate to 7-year low of 6 per cent

EMIs may not fall immediately, Patel worried about rise in inflation.

3 Aug 2017 3:38 AM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

Cheap loans likely as RBI cuts rate after GST

Four members of the RBI's Monetary Policy Committee voted to cut rates by 25 bps.

3 Aug 2017 3:35 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

Rate cut to boost private investment: Urjit Patel

The 0.25 per cent lowering of the repo rate to 6 per cent comes after a 10-month pause.

2 Aug 2017 7:21 PM IST

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

Nifty ends lower post RBI rate cut

The 50-share Nifty opened at a fresh all-time high of 10,136.30 and rose further to 10,137.85.

2 Aug 2017 7:03 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

RBI proposes Rs 5,000 cr separate IRF investment window for FPIs

FPI limit for govt securities is fungible between investments in securities and investment in bond futures.

2 Aug 2017 6:57 PM IST

GoDaddy is offering discounts up to 40 per cent on product renewals.

GoDaddy bets big on SME sector for growth in India

GoDaddy has helped over 7,50,000 small businesses build and grow their ventures online.

2 Aug 2017 6:30 PM IST

According to a study by one participant, over 4.6 lakh of the citys nearly 42 lakh houses (10.5 per cent) are lying vacant.

'RBI rate cut to boost housing sales this festive season'

Reduction in Repo rate will push the banks to further reduce the lending rates.

2 Aug 2017 6:20 PM IST

Along with increasing its fleet size to 10 planes, AirAsia India also expects to have a headcount of around 1,000 by the end of March next year.

AirAsia launches direct flights between Tiruchi and Bangkok

The direct Tiruchirapalli-Bangkok flight offers a multitude of trade, investment and travel opportunities.

2 Aug 2017 5:52 PM IST

Deepak Parekh of HDFC.

Repo rate cut was expected and is a 'good move', says Deepak Parekh

RBI cut the key policy rate by 0.25 per cent to 6 per cent, citing reduction in upside risk to inflation.

2 Aug 2017 5:39 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

'111.45 crore digital payments were made in May 2017'

In February number dipped to 101.18 crore but surged to 119.07 crore in the following month.

2 Aug 2017 5:30 PM IST