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ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC investing Rs 83,000 cr in 25 projects; cumulative oil, gas gain...

The firm produced 24.23 million tonne of crude oil in the 2018-19 fiscal year and 25.81 billion cubic metres of natural...

15 Aug 2019 5:06 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

EPFO likely to appoint HSBC AMC, UTI AMC, SBI Mutual Fund as fund...

The appointment of the fund managers for another term of three years has been pending with the EPFO since April last...

15 Aug 2019 4:07 PM IST

The construction works have stopped since several years.

Rs 1.56 lakh cr worth flats launched in 2011 and before still...

According to JLL data, builders of Delhi-NCR are biggest defaulters as their contribution in delay accounts for 71 pc in...

15 Aug 2019 2:29 PM IST

Automobile sales fell 18.66 per cent in December 2016 to 1.2 million units against 1.5 million in the same month in 2015.

Passenger vehicle output down 13.18 pc in Apr-Jul as major cos cut...

PV production in the April-July period stood at 12,13,281 units as against 13,97,404 units in same period last fiscal.

15 Aug 2019 1:07 PM IST

Saudi Aramco will take full ownership and integrate the refinery into its growing downstream portfolio.

Saudi Arabia to regain India's top oil supplier spot after Reliance...

A refinery in India can also be a base for it to export fuel to deficit countries in Europe and the Americas.

15 Aug 2019 12:53 PM IST

IL&FS declined to comment on the findings within the report.

IL&FS may not have disclosed bad loans for years: RBI report

The Indian government took control of IL&FS late last year after it defaulted on some of its debt.

15 Aug 2019 9:39 AM IST

Prime Minister Narendra Modi

Modi says will invest Rs 100 lakh cr in infra, USD 5 trn economy...

India was ranked 142nd among 190 nations when the Narendra Modi's government took office in 2014.

15 Aug 2019 9:27 AM IST

The transaction closure is subject to completion of Blackstones due diligence, documentation and receipt of requisite regulatory approvals, which is expected in the next 30 - 45 days, the company informed the stock exchanges.

Coffee Day to sell tech park to Blackstone

Global Village is a 4 million-sqft office space located on a 120-acre campus with clients like Mphasis, Accenture and...

15 Aug 2019 1:45 AM IST

Fund managers believe mutual funds, which are considered popular and convenient investment tools, have advocated asset allocation-based strategies to make the journey smoother for investors.

Investors now prefer safety to price

The companies that have gained the most over the last three-month period are having a high Price/ Earning ratio of 50 to...

15 Aug 2019 1:44 AM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

India is a top place for zombie companies

Zombie companies are defined as corporate underachievers overdosed on cheap credit.

15 Aug 2019 1:44 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank Q1 net loss widens to Rs 3,800 crore

Provisions during the quarter increased 20.93 per cent to Rs 6,332.05 crore as against Rs 5,235.96 crore in the year-ago...

15 Aug 2019 1:43 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Market consolidation seen continuing

The broader market too saw some gains with the BSE Mid-Cap Index up 0.85 per cent and BSE Small-Cap Index up 0.41 per...

15 Aug 2019 1:42 AM IST