Home » Business

Business - Page 482

Number of CNG stations and PNG connections to be released command 70 per cent of the bidding weightage.

CNG price in Delhi hiked by 90 paise, 7th increase since April '18

CNG price in Delhi was raised by 90 paise per kg to Rs 46.60.

3 July 2019 12:59 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank shares drop over 8 pc after borrower defaults on loan

According to reports a Mumbai-based realty firm has failed to service interest payments on a Rs 1,200 crore loan to the...

3 July 2019 12:41 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee rises 16 paise against dollar in early trade

Rising crude oil prices and foreign fund outflows weighed on the domestic currency.

3 July 2019 10:28 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex, Nifty start on a volatile note

The 30-share index was trading 29.49 points, or 0.07 per cent, higher at 39,845.97.

3 July 2019 10:00 AM IST

Amazon to add over 2,000 jobs this year

More than 170 of the new jobs in Britain will be at Amazon's development centers in Cambridge.

3 July 2019 9:42 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Wilful defaults in India cross USD 21 billion in 2018-19

As per data from RBI, gross loans and advances in state-run banks came in at 638.2 bn rupees, as of March 31, 2019.

3 July 2019 9:37 AM IST

Reserve Bank of India (RBI)

RBI fines 4 bank, including PNB for violation of KYC norms

RBI imposed a penalty of Rs 1.75 crore on four public sector banks, including PNB and UCO Bank.

3 July 2019 8:45 AM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm, Tencent may invest up to USD 125 million in MX Player

Paytm investment plans are part of its long-term plan to focus on providing more content to users and increasing...

3 July 2019 8:42 AM IST

L&T pays Mindtree shareholders for shares accepted in open offer

The infrastructure major's open offer - at Rs 980 a share - began on June 17 and concluded on June 28.

3 July 2019 8:38 AM IST

Tata Communications said on Sunday it has launched an advanced cyber security response centre in Dubai.

Tata Communications Managing Director, Group CEO Vinod Kumar quits

The company had posted a net consolidated loss of around Rs 82 crore for 2018-19 and Rs 16,527.95 crore in income from...

3 July 2019 8:34 AM IST

Even on a monthly basis, the July automobile retail sales across all categories grew 28 per cent to 15,56,777 units against 12,17,151 units in June. Representational image/DC file photo

Auto industry demands stimulus

Auto industry has been de-growing for the past 4 quarters. Customer sentiments remained low due to the overall slowdown...

3 July 2019 7:14 AM IST

To continue the uptrend, the market has to close above the recently made lifetime high which is 12,040 level.

Market looks forward to pro-growth steps

It is not expecting any additional measures on the taxation front such as cuts in corporate or personal income tax...

3 July 2019 7:10 AM IST