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Air India, BSNL among 43 CPSEs making losses for 3 years

Major reasons for losses include resource crunch, low capacity utilisation, oil plant and machinery among others.

28 March 2017 3:31 PM IST

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

ICICI Bank,Truecaller unite for UPI-based payment

It will also enable users to recharge their mobile number from within the Truecaller app itself.

28 March 2017 2:54 PM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

SBI may cut 10 pc jobs after merger with sister banks

At present country's largest lender employees 207,000 workforce, a number likely to go up on merger.

28 March 2017 2:38 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

DIPP, OECD organising seminar on FDI policy on April 5

Foreign inflows into the country grew by 22 per cent to USD 35.8 billion during April-December this fiscal.

28 March 2017 2:36 PM IST

Vedanta and Cairn

RBI nod awaits Vedanta-Cairn merger

RBI is still to give nod for issuing redeemable preference shares to the non-resident shareholders.

28 March 2017 2:19 PM IST

At the Multi Commodity Exchange, gold for delivery in far-month June rose by Rs 145, or 0.49 per cent, to Rs 29,626 per 10 gram

Gold feels global heat, silver climbs higher

Gold is trading at Rs 29,350 per 10 grams, silver up by Rs 200 to Rs 42,200 per kg.

28 March 2017 2:12 PM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

SoftBank proposes merger of Snapdeal with Flipkart

Kunal Bahl-promoted ecommerce giant has been in trouble for lack of funds and low profitability.

28 March 2017 2:07 PM IST

Private traders have imported 1.72 million tonne (MT) wheat so far and total inbound shipments are expected to cross 2 MT this year.

Govt slaps 10 per cent import duty on wheat, tur dal

As per the government's second estimate, wheat production is estimated at record 96.64 million tonnes in the 2016-17.

28 March 2017 1:53 PM IST

The LG Ultrafine 5K monitor costs almost 900 pounds and is promoted as an external display for Mac devices.

LED television market set to witness a price war

Big brands like LG, Samsung and Sony reduce prices of LED television sets by 15 per cent to beat competition.

28 March 2017 12:52 PM IST

NTPCs Tapovan Vishnugad project involves setting up a hydel power plant across the river Dhauliganga in Chamoli district of Uttarakhand.

NTPC okays Rs 3,000 cr investment for Talaipalli coal mining project

NTPC realises that greater self reliance on coal will go a long way in ensuring the sustained growth of power...

28 March 2017 12:36 PM IST

L&T wins Rs 2,903 cr job contract from MHADA

The scope of work comprises design and construction of 20 residential towers for rehabilitation.

28 March 2017 12:27 PM IST

Finance Minister Arun Jaitley

Jaitley gives briefing on GST bill in Lok Sabha

FM explained in detai four bills--Central GST, Integrated GST, Union Territory GST and the Compensation Law.

28 March 2017 12:09 PM IST