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Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC tops claims settlement ratio

For LIC, the proportion of repudiations has come down to 0.43 per cent in 2018-19 compared to 0.67 per cent in the...

18 Dec 2019 2:35 AM IST

The real estate sector has filed 115 insolvency cases till September and $1 billion has already been transacted under stressed asset deals in 2019.

2019: A year of hope and despair for real estate

More private investments will come in and consolidation, mergers within the space are likely to continue.

18 Dec 2019 2:33 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Stocks gain momentum on global cues, budget hopes

Foreign institutional investors (FIIs) started pouring money into Indian equities lately.

18 Dec 2019 2:15 AM IST

Monsantos GM cotton seed technology went on to dominate 90 percent of Indias cotton acreage.

Reveneue de-growth for cotton spinners seen

Spinners expect that the overall FY20 performance will be weighed down by the tepid volumes and weak earnings seen so...

18 Dec 2019 2:12 AM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

Women's share in life biz, policies rising

In the last fiscal 2.86 crore life policies were sold with a first year premium of Rs 97,690 crore.

18 Dec 2019 2:09 AM IST

The increased salary and pension for retired judges will be effective from January 1, 2016.

Vocational jobs score over engg, MBA with double-digit growth in...

The average salaries for vocational jobs grew by 18 per cent whereas engineering and MBA jobs rose only by 4 per cent...

18 Dec 2019 2:06 AM IST

Think and Learn, the holding company of edu-tech start-up Byjus has grown its revenues by 177 per cent and cut its losses in FY19.

Byju's more than doubles revenue, reduces losses

In a statement, Byju's said its net revenue increased from Rs 490 crore in FY17-18 to Rs 1,341 crore with a net profit...

18 Dec 2019 1:59 AM IST

Government had failed to receive its share of the Goods and Services Tax (GST) dues of Rs 1600 crore from the Centre. (Photo: DC)

Govt sets Rs 1.1 lakh cr monthly GST collection target; asks taxmen to...

Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.

17 Dec 2019 5:43 PM IST

MR. MAYUR D. SHAH - Vice President West, MR. ANIL REDDY VENNAM - Vice President South, MR. JAGAT KILLAWALA - President, MR. ARVIND MEHTA - Chairman AIPMA Governing Council, MR. CHANDRAKANT TURAKHIA Senior Vice President, MR. HITEN BHEDA - Chairman Environment Committee, MR. MEELA JAYADEV - Immediate Past President togethera at the All India Plastics Manufacturers Association members and industry leaders Meeting were they urge Government for restructuring of custom duties, anti dumping duty on import of cheap finished products, review of Foreign Trade Agreements at a meeting held in Mumbai.

Plastics industry body urges Govt for restructuring of custom duties...

APIMA organized a meet to discuss measures that needs to be taken by the government for revival of the Plastics...

17 Dec 2019 4:52 PM IST

Top gainers in the Sensex pack included ICICI Bank, Infosys, HDFC, IndusInd Bank, Tata Motors, Kotak Bank, Axis Bank, L&T, Yes Bank and HUL, spurting up to 2.64 per cent. (Photo: File | PTI)

Sensex, Nifty hit lifetime peaks; metal, financial stocks hog...

BSE Sensex closed 413.45 points, or 1.01 per cent, higher at its all-time high of 41,352.17.

17 Dec 2019 4:16 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold prices rise marginally; silver gains Rs 75

Silver prices gained Rs 75 to Rs 45,610 per kg from Rs 45,535 per kg in the previous trade.

17 Dec 2019 3:42 PM IST

'Kotak Mahindra Bank best suited to acquire Yes Bank'

I think Uday (Kotak) is the best candidate to acquire Yes bank. You need deep pockets, Uday has that, said SBI's Rajnish...

17 Dec 2019 1:51 PM IST