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Last month, Ujjivan SFB had appointed Carol Furtado to take charge as officer on special duty (OSD) till Sept. 30, following the resignation of Nitin Chugh as MD and CEO. (Twitter)Business
RBI okays panel running Ujjivan SFB

Ujjivan SFB its board, in parallel, will evaluate suitable candidates for the MD & CEO position, and submit two names to...

17 Sept 2021 3:03 AM IST

Speaking at a CII event, Michael Patra, deputy governor at RBI, said core inflation remains sticky even though the headline numbers have moderated since May. (Twitter)Business
Inflation to stabilise only by FY24: Patra

Retail inflation moderated to 5.3 per cent in August but remained above the medium-term target of the RBI

17 Sept 2021 2:39 AM IST

With the onset of the festive season, SBI has also waived processing fees on home loans and occupation-linked interest premium. Representational Image. (PTI)Business
SBI cuts home loan rate to 6.7%, BoB to 6.75%

A Cibil credit score of more than 800 will make a borrower eligible for a home loan rate of 6.7 per cent

17 Sept 2021 2:18 AM IST

NewsBusiness
52 firms apply for white goods PLI

The selection of applicants will be done within 60 days

17 Sept 2021 2:02 AM IST

The company has filed a draft red herring prospectus with the Sebi to raise capital through an IPO to pay off debts.(Photo: SBPIL website)Business
High steel prices boost growth aspirations of Shri Bajrang

The company also proposes to set up a Rs 175-crore, 50 MW solar power plant

16 Sept 2021 7:59 AM IST

Walmarts Flipkart eyes alcohol delivery foray with Indian startup, letters show. (PTI Photo)Business
Flipkart to hire 1.15 lakh for festivals

The Big Billion Days require investments for capacity, storage, sorting, packaging, human resour-ces, training, and...

16 Sept 2021 7:54 AM IST

In the previous session, Sensex ended 132.38 points or 0.25 per cent lower at 52,100.05. (Photo: PTI/File)Business
Relief packages buoy stock market

The Nifty-50 closed above 17500 for the first time as it gained 139.45 points or 0.80 per cent to close at 17519.45

16 Sept 2021 7:49 AM IST

The increase took rates across the country to fresh highs with Tamil Nadu becoming the latest state to see petrol cross Rs 100-a-litre mark. (PTI Photo)Business
Petrol under GST: Council unlikely to bite the bullet

The council will be debating the most sought-after proposal at a time when fuel prices are at their highest levels

16 Sept 2021 7:28 AM IST

VILs debt from banks and financial institutions stood at Rs 23,400 crore. (Photo: PTI)Business
Telecom relief eases default risk for banks

However, bankers said they are awaiting the plan of action from the telecom companies to assess the situation

16 Sept 2021 7:24 AM IST

14 drones were launched reportedly from across the International Border and LoC in the recent past. (Representational Photo:AFP)Business
PLI for auto, drones cleared

The scheme to incentivise advanced automotive technologies for five years will lead to fresh investment of over Rs...

16 Sept 2021 7:18 AM IST

\Seven passengers on Sundays Air India Delhi-Auckland flight have tested positive for COVID-19 three days after arrival,\ New Zealand government official said. (PTI)Business
Tata Group makes financial bid for Air India sale

The government declined to share any details on expectations from the sale of Air India

15 Sept 2021 7:31 PM IST

Britains economy shrank by one fifth in the second quarter, more than any European neighbour, as the lockdown plunged the country into its deepest recession on record. Amazon, which has already created 3,000 new permanent UK roles this year, said it will offer more than 20,000 seasonal positions across the country ahead of the festive period. (Photo | AFP)Business
Amazon boosts hourly pay to over $18, to hire 125,000 workers

Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike

14 Sept 2021 5:37 PM IST

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