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The submarines is expected to with India by 2025 and will be in service with India for at least 10 years. (Representational Images)

3 firms to bid for building six submarines

Indigenous construction of six conventional submarines is envisaged by Ministry of Defence, said a press release.

25 May 2019 8:11 PM IST

A big push to get banks and brokerages into Gujarat International Finance Tec (GIFT) City remains far short of expectations.

India's jobs deficit: Project in Gujarat struggling to create...

GIFT City supports only 9,000 jobs and only about 3 million of its 62 million square feet of planned development have...

25 May 2019 6:18 PM IST

Bharatiya Janata Party workers welcome Prime Minister Narendra Modi as he, along with BJP president Amit Shah, arrives at the party headquarters to celebrate the partys victory in the Lok Sabha elections in New Delhi (Photo: AP)

Foreign investors hope India dials back policy shocks after Modi win

Protectionism concerns 'are small hurdles you have to go through', said Fairfax Financial chairman Prem Watsa.

25 May 2019 5:55 PM IST

FICCI President Rashesh Shah suggested that a rate cut be facilitated in the coming quarters to spur demand and investments.

India should cut interest rates to help exporters amid US-China trade...

US-China trade war offers a big opportunity for Indian exports to make a dent in US & Chinese markets, said Ficci chief.

25 May 2019 5:40 PM IST

NTPC Q4 profit jumps 48.7 pc to Rs 4,350.32 cr; announces 25 pc final...

The company's standalone net profit in January-March 2018 was Rs 2,925.59 crore, an NTPC statement said.

25 May 2019 4:39 PM IST

In a filing to BSE on Saturday, NIIT Technologies said Hulst B.V. acquired 18,848,118 equity shares of the company with face value of Rs 10 each on May 17.

NIIT Ltd Q4 net profit up 18 pc to Rs 23 crore

The skills and talent development firm had posted a net profit of Rs 19.7 crore in the year-ago period.

25 May 2019 4:28 PM IST

International Monetary Fund

Looking forward to working with new govt of PM Modi: IMF

"The IMF looks forward to working with Prime Minister Modi's new government," IMF spokesperson Gerry Rice said.

25 May 2019 2:50 PM IST

Fortis Healthcare board

Fortis Healthcare posts Q4 net profit of Rs 151 cr

Consolidated revenue from operations increased to Rs 1,184.15 crore from Rs 1,086.38 crore in same quarter a year ago.

25 May 2019 2:42 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

States' share of market borrowing up at 91 pc in FY19: Report

In FY19, states' budgeted borrowing from the market stood at Rs 4,40,700 crore.

25 May 2019 1:28 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)

Public sector banks recover Rs 1.2 lakh cr from bad loans in 2018-19

Banks recovered close to Rs 55,000 crore from the NCLT resolution, an official said.

25 May 2019 1:12 PM IST

State Bank of India

State Bank of India to conduct a customer outreach programme next week

The 'Mega Customer Meet', to be held on Tuesday, is expected to engage with 100,000 customers across 500 locations.

25 May 2019 1:01 PM IST

Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapses

Oz bank sues Infosys for copyright breach

The case is related to alleged copyright infringement, breaching of contract terms and misuse of confidential...

25 May 2019 2:09 AM IST