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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

Chief Economic Adviser K V Subramanian. (Photo: Twitter)

Govt to take into account risks associated with sovereign bonds: CEA

There is a need to manage the risks associated with overseas sovereign borrowings, said CEA K V Subramanian.

9 July 2019 7:45 PM IST

Industry not convinced that RCEP will create win-win situation for...

Indian Industry is not convinced that RCEP will create a win-win situation for all, the ministry said in a statement.

9 July 2019 7:34 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee gains 15 paise to 68.51 against dollar

Strengthening crude oil prices and a stronger greenback in global markets, however, kept the rupee rise in check.

9 July 2019 6:45 PM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

PCI says abolishing MDR charges to dry up investment capital, kill...

PCI said digital payments in India have received quite high interest from various investors, both domestic and...

9 July 2019 6:25 PM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank India says some jobs to be hit due to global lay-off

The bank declined to quantify the number of employees who will be hit.

9 July 2019 5:44 PM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

TCS shares decline 2.5 per cent ahead of quarterly results

The scrip declined 2.05 per cent to close at Rs 2,131.45 on the BSE. During the day, it fell by 3.95 per cent to Rs...

9 July 2019 5:29 PM 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.

Sensex ends marginally higher; TCS falls 2 per cent

After swinging 378 points during the day, the 30-share index settled 10.25 points or 0.03 per cent higher at 38,730.82.

9 July 2019 4:14 PM IST