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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.

IL&FS case: Sebi widens probe into role of rating agencies

Grant Thornton was asked to review ratings provided by various credit rating agencies (CRAs) to IL&FS group companies.

21 July 2019 11:55 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Six of top-10 firms lose Rs 62,147.7 cr in m-cap; RIL takes the...

HDFC Bank, ITC, SBI and ICICI Bank were the other laggards in the Sensex top-10 pack.

21 July 2019 11:26 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.

FPIs withdraw Rs 7,712 cr from stocks in July so far

FPIs had been net investors in the equity segment in the previous five months.

21 July 2019 11:16 AM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank to raise Rs 18,000 crore through equity shares

The bank is one of the worst-affected private lenders after the Reserve Bank's asset quality review.

20 July 2019 5:18 PM IST

Mukesh Ambani has been instrumental in launch of RILs telecom arm Reliance Jio. (Photo: PTI)

Mukesh Ambani keeps salary capped at Rs 15 crore for 11th year in a...

Mukesh Ambani's remuneration for 2018-19 included Rs 4.45 cr as salary and allowances, which is marginally lower than Rs...

20 July 2019 12:14 PM IST

Shaktikanta Das

Shaktikanta Das meets PSB heads, reiterates call for faster...

At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.

20 July 2019 10:54 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Brookfield to invest Rs 25,215 cr in Reliance's telecom tower arm

This is the second investment this year that Brookfield is making in a venture controlled by richest Indian Mukesh...

20 July 2019 10:08 AM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

IndiGo quarterly profit soars to Rs 1,203 cr; higher passenger...

The company has reported the highest ever quarterly profit after tax in the latest June quarter.

20 July 2019 9:53 AM IST

Forex reserves may hit the USD 400-billion mark by the week to September 8, 2017, says a report. Photo: PTI

First time in a month, forex reserves fall by USD 1.11 billion

The country's reserve position with the fund also declined by USD 1.5 million to USD 3.345 billion.

20 July 2019 9:46 AM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Gold nearing Rs 36,000-mark

The upward trend was supported by the comments of the US Federal Reserve, acknowledging that the dollar was overvalued.

20 July 2019 8:03 AM IST

Indias renewable power capacity soared by almost 150 per cent in the last 5 years to 77.6 GW.

Renewable energy capacity to reach 260 GW by 2024

India is formulating a policy to build a 30 GW local capacity for manufacturing solar cells.

20 July 2019 7:47 AM IST

Mukesh Ambani has been instrumental in launch of RILs telecom arm Reliance Jio. (Photo: PTI)

RIL net up 6.8 per cent; retail, telecom boost profit

While the profit rose year-on-year, it was lower than the highest ever earning of Rs 10,362 crore in the preceding...

20 July 2019 7:43 AM IST