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InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Reliance, BP take over Niko's 10 pc stake in KG-D6 block

Reliance and BP plan to split Niko's share in proportion to their existing shareholding in the block.

15 Sept 2019 12:54 PM IST

State Bank of India

Six of 10 most valued cos add Rs 50,580 cr in m-cap; SBI, ICICI Bank...

RIL, HDFC Bank, HDFC and Kotak Mahindra Bank were the other winners in terms of market valuation.

15 Sept 2019 11:19 AM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.

Government announces steps to boost housing, facilitate homebuyers

This window will help in completion of affordable and middle income housing projects.

14 Sept 2019 4:11 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI wants to be lead-bank for Ladakh; opens 14th branch

SBI Chairman Rajnish Kumar on Saturday inaugurated a new branch in this remote town of Diskit in the Nubra Valley.

14 Sept 2019 3:53 PM IST

Delhi-based Tata-SIA run joint venture carrier, Vistara.

Vistara to start daily flight on Delhi-Indore route from October 26

The flight will depart from Delhi airport at 6.55 am daily and arrive at Indore airport at 8.20 am.

14 Sept 2019 3:47 PM IST

By taking India off the list, exports of $5.6 billion would be affected in leather products, carpets, textiles, gems and jewellery etc.

Govt announces Rs 50,000 cr export incentive scheme

The minister also said there will be a fully automated electronic refund route for input tax credits (ITC) in GST.

14 Sept 2019 3:38 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Inflation under control, clear signs of revival in factory output:...

The government has mandated the Reserve Bank of India to keep the retail inflation in the band of 2-6 per cent.

14 Sept 2019 3:33 PM IST

Disney Co Chief Executive Officer Bob Iger. (Photo: AP)

Disney CEO Bob Iger resigns from Apple board as TV battle looms

Iger departed Apple's board the same day the company revealed new details about Apple TV+, a USD 4.99-per-month.

14 Sept 2019 1:05 PM IST

CAIT seeks ban on Amazon, Flipkart's festive season sale

Flipkart's six-day sale begins Sept 29, while Amazon is yet to announce dates.

14 Sept 2019 12:15 PM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI proposes Rs 200 cr minimum capital for small banks

The foreign shareholding in the small finance bank would be as per the extant FDI policy for private sector banks.

14 Sept 2019 12:07 PM IST

With a focus on 5G technology, digitization will be faster, deeper and farthest.

5G spectrum auction by year-end or early 2020: Prasad

Govt plans to auction around 8,293.95 MHz of airwaves at an estimated total base price of Rs 5.86 lakh crore.

14 Sept 2019 11:42 AM IST

Revenue growth for the beleaguered auto components sector would halve in next two fiscals due to a steep decline in domestic vehicles sales.

Auto sales growth outlook revised to 5-7 per cent for FY20: Report

Sales of commercial vehicles and two wheelers have narrowed down to 7.4 per cent and 0.3 per cent month-on-month.

14 Sept 2019 11:25 AM IST