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Jaypee group is selling its assets to reduce debt.

NCLAT reserves order on Jaypee Infra land mortgaged with Jaiprakash's...

The NCLT had directed JAL to release and discharge interest created over the land to lenders including ICICI Bank.

10 July 2019 8:33 AM IST

The benchmark BSE Sensex gained over 156 points in early trade on Tuesday. (Photo: AP)

Minor upside bounce indicated

The market seems to be building in a weak quarterly performance and hence stock specific volatility is likely to remain...

10 July 2019 3:18 AM IST

The Kona Electric has been bought to India as a CKD (completely-knocked-down) unit, but with a small level of localisation to keep the price in check.

Hyundai launches India's first all-electric SUV

The Kona is powered by a 136hp electric motor and gets a 39.2kWh lithiumion battery with a claimed 452 km range per full...

10 July 2019 3:14 AM IST

Among the top 8 cities, Hyderabad residential real estate market has performed better in most fronts.

Hyderabad residential realty prices up 9 per cent

Providing much respite to the housing market, unsold inventory across top eight markets recorded a decline of 9 per cent...

10 July 2019 3:10 AM IST

International rating agency Moodys Investors Service on Tuesday warned that weak growth prospects for India will complicate the governments fiscal consolidation efforts, weighing on the sovereigns credit quality.

Fiscal challenges continue: Moody's

The infrastructure sector, property developers, some domestic producers and securitization transactions.

10 July 2019 3:06 AM IST

The slow pace of revenue growth can be attributed to a broad-based slowdown in consumption, which has affected sectors such as automobiles and fast-moving consumer goods (FMCG).

Q1 revenue growth may hit 2-year low

Automobiles, one of the key sectors driven by consumption spending, continues to reel under a demand slowdown.

10 July 2019 3:02 AM IST

China has allowed imports of non-basmati rice from India and the first consignment of 100 tonnes will be shipped tomorrow from Nagpur, the commerce ministry said on Thursday.

NCDEX launches Basmati futures

The total global production of basmati is 8 to 9 million tonne and India produces more than 70 per cent or about 5.5...

10 July 2019 2:52 AM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Banks make token rate cuts

On Tuesday, State Bank of India announced a cut in its marginal cost of funds-based lending rate (MCLR) by 5 bps across...

10 July 2019 2:48 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Foreign firms line up for commercial realty

The upsurge of India's commercial office market began in 2017 and has been further boosted by the arrival of REITs.

10 July 2019 2:45 AM IST

Representational image of an Indigo aircraft.

Rakesh Gangwal flags serious governance issues at IndiGo

According to Rakesh Gangwal, the shareholders' agreement provides Rahul Bhatia unusual controlling rights over IndiGo.

9 July 2019 8:24 PM IST

The 100 Day Replacement Warranty is being made available for feature phones, where Micromax will replace failing feature phone with the same/equivalent model in the first 100 days from the date of activation of the device.

Micromax expects up to 40 pc contribution from appliances by next year

Presently, TVs, washing machines and ACs contributes around 35 pc of the total revenue, said Micromax's Rohan Agarwal.

9 July 2019 8:03 PM IST

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

Sebi seeks details from IndiGo on promoter complaints

Shares of InterGlobe Aviation closed marginally lower at Rs 1,565.75 on the BSE.

9 July 2019 7:53 PM IST