Home » Business

Business - Page 498

Hyundai, Indias second biggest Korean car makers new attractive sub-compact SUV model Venue has bucked the trend of steep falling cars sales in Asias third biggest economy.

Hyundai Venue crosses 34,000 bookings

The sales of Maruti Vitara Brezza, which were between 13,000 units to 14,000 units every month, had come down to about...

25 Jun 2019 4:04 AM IST

Flipkart CEO Binny Bansal.

Binny makes $76.4 million more from stake sale

Bansal transferred 539,912 equity shares to FIT Holdings SARL, Walmart's Luxembourg entity.

25 Jun 2019 3:58 AM IST

RBI Deputy Governor Viral Acharya

After Viral Acharya's exit, MPC may turn less hawkish

Acharya's departure will remove from the Monetary Policy Committee its most articulate hawk.

25 Jun 2019 3:54 AM 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.

RBI launches CMS for filing online complaints against banks, NBFCs

The RBI also plans to introduce a dedicated Interactive Voice Response (IVR) system for tracking the status of...

24 Jun 2019 8:37 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

IPO in long-term strategy, currently focused on driving e-commerce...

Walmart-owned company is currently focussed on getting 200-300 million new Indians into the e-commerce fold.

24 Jun 2019 8:09 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

Jalan panel on RBI's capital size again defers report submission till...

The ECF panel will meet again in July and will submit the report post Budget.

24 Jun 2019 7:39 PM IST

Viral Acharya. (Photo: YouTube screengrab)

Early exit of Acharya from RBI not to roil markets: SBI report

In his resignation, he expressed inability to continue beyond July 23, 2019, the RBI said.

24 Jun 2019 7:24 PM 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)

Number of wilful defaulters in nationalised banks up 60 pc to 8,582 in...

Recovery of Rs 7,654 crore has been done from wilful defaulters' accounts during the last five financial years.

24 Jun 2019 7:18 PM IST

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

Rupee does U-turn, rises 23 paise to 69.35 against US dollar

The local unit opened at 69.58 a dollar and touched a low of 69.60 and high of 69.34 during the day.

24 Jun 2019 7:07 PM IST

Labour minister Santosh Gangwar.

Over 30 lakh enrolments under PM-SYM scheme so far: Gangwar

The scheme provides assured monthly pension of Rs 3,000, with contribution of Rs 100 per month.

24 Jun 2019 7:05 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS hikes stake to 66 per cent in Japanese JV with USD 32.6 mn...

The company through TCS APAC, is acquiring 15 per cent stake from Mitsubishi Corporation.

24 Jun 2019 6:58 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gem and jewellery industry seeks lower customs duty on gold

The council has also urged the government to allow EMI purchases of jewellery, which the RBI currently does not allow.

24 Jun 2019 6:02 PM IST