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Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.Business
Rs 3 tln of capital infusion only helped PSBs trim losses, not drive...

The capital infused was largely consumed to tide over losses resulting from provisions required on non-performing...

9 Aug 2019 9:14 AM IST

Online travel agency MakeMyTrip and e-commerce giant Flipkart have tied up for online bookings of hotels and flights.Business
Lifestyle partners Flipkart, eyes 15 per cent sales from online...

The partnership will also allow the company to reach new customers in tier II cities and beyond.

9 Aug 2019 9:08 AM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.Business
Relief for startups: CBDT lays out procedure for pending angel tax...

More than 540 startups have received exemption from angel tax so far.

9 Aug 2019 9:05 AM IST

The major use of plastics happens in restaurants and in the form of bottles.Business
China's waste ban boosts recycling market

The volumes generated are also set to grow from 29,493.7 million tonne to 30,190.0 million tonne.

9 Aug 2019 1:22 AM IST

The company is initially looking to begin with a production capacity of one lakh units per annum and then gradually ramp it up to three lakh units annually.Business
Kia Motors to launch new SUV in India

The new entrant into the fiercely competitive Asia's third biggest car market is also eying global markets with...

9 Aug 2019 1:22 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.Business
Short-term trend reversal seen in market

Similarly, the Nifty climbed 176.95 points, or 1.63 per cent, to 11032.45.

9 Aug 2019 1:21 AM IST

V G SiddharthaBusiness
EY to investigate Coffee Day incidents

Siddhartha's widow Malavika Hegde has been appointed as an additional member of executive panel.

9 Aug 2019 1:20 AM IST

Retailers should encourage existing customers to recommend the brand to their peers for upcoming gift giving occasions. (Photo: ANI)Business
Future's small stores to turn profitable in a year

The group has also started its trial run of omni-channel operations in its NCR stores.

9 Aug 2019 1:20 AM IST

Early this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance Ltd in a share-swap deal with an intent to create a combined entity with larger capital base and wider geographical reach.Business
Working in close cooperation: Lakshmi Vilas Bank on Indiabulls Housing...

On the recovery of bad loans, the bank said efforts to recover them have gained momentum.

8 Aug 2019 8:56 PM IST

Bank of Baroda on Tuesday said its loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.Business
NCLAT expresses displeasure over delay in IL&FS resolution

NCLAT directed Corporate Affairs Ministry and IL&FS group to file a fresh progress report by September 3.

8 Aug 2019 8:43 PM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
India may exempt foreign portfolio investors from higher taxes:...

Separately, media said government was considering reducing tax on long-term capital gains introduced three years ago.

8 Aug 2019 7:36 PM IST

Calling it a serious matter, CAIT urged the government to start a high-level enquiry at Indian ports to bring an end to the crony nexus. (Photo: File | Twitter)Business
CAIT launches initiative to accelerate use of digital payments among...

HDFC Bank's Smita Bhagat said that the initiative will make a big difference in the lives of small traders.

8 Aug 2019 7:14 PM IST

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