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Tata board chairman Ratan Tata.Business
Ratan Tata writes letter to stakeholders

Tata appealed to shareholders to support the EGM resolution.

8 Dec 2016 1:16 AM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.Business
Rates held: Bold move from RBI, says finance ministry

Global cues and volatile market had RBI's hands tied.

8 Dec 2016 1:16 AM IST

On the evening of November 8, the government announced that Rs 500 and Rs 1,000 notes would no longer be legal tender, as part of its move to eradicate black money.Business
Money supply may slip to 9 per cent from 12 per cent

The slip may occur if 25-30 per cent of unaccounted currency does not flow back into the banking system.

7 Dec 2016 6:29 PM IST

RBI Governor Urjit Patel. (Photo: PTI)Business
Urjit Patel denies demonetisation was haste decision

RBI today said promising to maintain steady supply of new currency to ease cash crunch.

7 Dec 2016 5:14 PM IST

The 30-share index declined by 155.89 points, or 0.59 per cent, to 26,236.87 after shuttling between 26,540.83 and 26,164.82.Business
Sensex down 156 points on RBI status-quo

Sensex ended day at 26,237 as RBI left interest rate unchanged at 6.25 per cent.

7 Dec 2016 5:03 PM IST

RJios extension has \added to the industrys woes\ and coupled with the demonetisation exercise, will lead to a revenue dip of 5-7 per cent.Business
Jio's free offer hits telecos revenue by 7 per cent

RJio announced not to charge voice telephony and depend only on the data for revenues.

7 Dec 2016 4:09 PM IST

The BSE banking index was down 1.91 per cent to 26,672.93, while the realty index was quoting lower by 1.34 per cent to 1,262.29.Business
Sensex dips 228 pts after policy remain unchanged

The Sensex, which gained over 148 points in the early trade, fell by 227.94 points, or 0.86 per cent, to 26,164.82.

7 Dec 2016 3:28 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.Business
Centre mulls scrapping import duty on wheat

FCI's wheat procurement remained lower at 22.9 MT even during year as private traders were active.

7 Dec 2016 3:20 PM IST

Board members and trustees are also aware that in the case of AirAsia, ethical concerns have been raised with respect to certain transactions as well as overall prevailing culture within the organisation.Business
ED to probe Rs 22 cr alleged fraud at AirAsia

The probe will also look at a specific transaction of Rs 12 crore, out of Rs 22 crore, made to a Singaporean firm.

7 Dec 2016 3:12 PM IST

RBI governor Urjit Patel. (Photo: PTI)Business
RBI keeps repo rate unchanged, lowers GDP growth estimate

The central bank's move has surprised markets and industry as both were hoping for a rate cut.

7 Dec 2016 2:36 PM IST

Finance Minister Arun Jaitley speaks in the Lok Sabha in New Delhi. (Photo: PTI)Business
Govt wants Rs 59,970 crore for extra spending

Biggest spending Rs 6 lakh crore sought for intorducing Market Stabilisation Scheme.

7 Dec 2016 1:20 PM IST

The Stepway Edition introduces quite a few changes to both the exterior and the interior of the car.Business
Renault introduces Lodgy Stepway Edition

The new edition has a starting price tag of Rs 9.43 lakh that goes all the way up to Rs 11.26 lakh (ex-showroom, Delhi).

7 Dec 2016 1:03 PM IST

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