Home » Business

Business - Page 496

Currency experts have a bullish outlook for the rupee this week.

Rupee pares gains, settles flat at 69.36 a US dollar

Domestic currency opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day.

25 Jun 2019 6:31 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Govt likely to use Rs 3 trillion RBI windfall to pay regular bills

Market expectations suggest Rs 3 lakh crore distributed staggered over years.

25 Jun 2019 5:02 PM IST

NITI Aayog Vice-Chairman Arvind Panagariya

Export-led growth very critical for good jobs in India: Arvind...

We need to get to 8-10 per cent growth if good jobs are going to be provided, said Arvind Panagariya.

25 Jun 2019 4:55 PM IST

AbbVie Inc would acquire Botox-maker Allergan Plc in a cash-and-stock deal for about USD 63 billion.

AbbVie to buy Botox-maker Allergan in USD 63 billion deal

Allergan shareholders will receive 0.8660 AbbVie shares and USD 120.30 in cash for each share held.

25 Jun 2019 4:43 PM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Sensex gains 312 points; energy, auto, banking stocks rally

After trading in the red for a better part of the day, Sensex pared losses and settled 311.98 points up.

25 Jun 2019 4:38 PM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Govt to come out with national e-commerce policy within 12 months

We will put an institutional framework to bring out a national policy on e-commerce within next 12 months, an official...

25 Jun 2019 4:30 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Gold glitters, jumps Rs 200 amid positive global market

Gold is trading at Rs 34,470 per 10 gm in the national capital Tuesday on increase in demand from local jewellers.

25 Jun 2019 4:10 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.

ICICI Bank eyeing 20 pc growth in retail loan in Kerala FY'20

Retail consumer loans have witnessed significant growth in Kerala over the last few years.

25 Jun 2019 4:04 PM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Gross NPAs of banks may reduce to 8 per cent by March 2020: Report

NPA in the banking system had peaked at 11.5 per cent in March 2018 and then declined to 9.3 per cent in March 2019.

25 Jun 2019 4:00 PM IST

Over the last few years, Renault has focused on establishing a strong base in India

With job intact, Nissan's CEO pins Renault alliance on mutual respect

Renault had demanded additional representation on Nissan groups overseeing company auditing and personnel nominations.

25 Jun 2019 3:53 PM IST

Once activated, the in-app SOS button generates a trigger alert to OYOs Safety Response Team with the guest, booking, location and emergency contact details.

Oyo crosses 5 lakh room inventory in China, to invest USD 100 mn in 2...

Oyo also claimed that it has now become the largest single hotel brand in China

25 Jun 2019 3:33 PM IST

A SpiceJet flight slid off the runway during landing at Mumbais international airport on September 19.

SpiceJet announces eight new daily international flights

SpiceJet is the only Indian budget airline to operate to Saudi Arabia.

25 Jun 2019 3:11 PM IST