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Finance Minister Nirmala Sitharaman

Govt assured of action soon to revive industry, push eco growth: India...

Piramal Enterprises's Ajay Piramal said that industry raised several matters such as reluctance of banks to lend to the...

8 Aug 2019 6:58 PM IST

$\There is an imminent crisis in the NBFC sector. There is a credit squeeze, over-leveraging, excessive concentration, massive mismatch between assets and liabilities, coupled with some misadventures by some very large entities, which is a perfect recipe for disaster,\ Injeti Srinivas said.$ Business

CSR no more an act of magnanimity; no intention to criminalise any...

It is more of a drafting issue and not imposition of an additional penal provision, said Corp Affairs Secy Injeti...

8 Aug 2019 6:41 PM IST

Zomato is encouraging its customers to change their account password, if used for any other services, to avoid risks.

Zomato lays off around 60 employees

Most of these redundancies are in the customer support department and also include movements to other departments as...

8 Aug 2019 5:17 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold surges to fresh all-time high of Rs 38,470; silver crosses Rs...

Silver surged Rs 630 to hit Rs 44,300 per kg on increased offtake by industrial units and coin makers.

8 Aug 2019 4:16 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex rallies 637 points on tax relief buzz; Nifty reclaims...

The 30-share Sensex settled 636.86 points or 1.74 per cent higher at 37,327.36.

8 Aug 2019 4:09 PM IST

Reserve Bank of India (RBI)

Reserve Bank of India survey shows Indian companies are stressed over...

Companies are very despondent about the cost of capital. They are also less cheerful than earlier on availability of...

8 Aug 2019 4:04 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin asks commerce ministry to assess revenue impact of proposed...

India is looking for a balanced trade agreement, as it would cover 40 per cent of the global gross domestic product.

8 Aug 2019 3:03 PM IST

Steel Authority of India Ltd

Chairman of SAIL faces 'murderous assault' in New Delhi

We know this was not spontaneous, said an executive at the company.

8 Aug 2019 1:27 PM IST

Angry Birds maker Rovio's profit hit by Hatch expansion

Angry Birds second-quarter operating profit fell 11.3 pc to 5.3 mn Euros (USD 5.94 mn) on sales that were flat at 71.8...

8 Aug 2019 1:24 PM IST

Interestingly, the promoters of Emami Group have more than adequate pool of diverse assets of value.

Emami Q1 profit up 48 per cent to Rs 39 crore

The company had reported a profit of Rs 26.46 crore in April-June a year ago.

8 Aug 2019 1:22 PM IST

Affle India scrip made a robust debut as it opened the day at Rs 929.90, a huge gain of 24.81 per cent from its issue price on the BSE. It later jumped 28.63 per cent to Rs 958.30.

Affle India shares mark remarkable debut; jump nearly 25 per cent

The Rs 459-crore initial public offer of Affle India was a huge hit among investors as it was subscribed 86.49 times...

8 Aug 2019 1:09 PM IST

JSPL says it has supplied 150,000 tonnes of rail to Iran since 2016, did not respond to a request for immediate comment. (Representational Image)

JSPL denies payment defaults; says business as usual

The company said all speculations/rumours with respect to payment default are 'baseless and false in nature'.

8 Aug 2019 12:52 PM IST