Home » Business

Business - Page 576

After the merger deal, TGBL will be known as Tata Consumer Products Ltd.

Tata Chemicals to shift food business to TGBL

The deal is expected to create a more than Rs 9,000-crore turnover giant.

16 May 2019 6:36 AM IST

The audit report said that former managing director of IL&FS Financial Services (IFIN) Ramesh Bawa did not disclose his investments in AAA Info-system and AAAB Infra-structure, though it was mandatory for all company directors to disclose their investments in other firms as per the Companys Act.

Audit finds 107 cases of shady lending at IL&FS

The Enforce-ment Directorate (ED) may now take the cognisance of the report for further action.

16 May 2019 6:33 AM IST

National Stock Exchange or NSE building.

NSE fines 250 companies for non-compliance

Around 32 companies on the list are liable to pay a fine of Rs 4.5 lakh each.

16 May 2019 6:22 AM IST

MG Motor unveils Hector SUV, launch in June

Though actual prices will be revealed next month, the new mid-size SUV is expected to be in the Rs 15-20 lakh range.

16 May 2019 6:19 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Promoters find it difficult to exit insurance business

The Indian insurers offer a return on equity (RoE) of 10-20 per cent compared to their Asian counterparts that offer RoE...

16 May 2019 1:20 AM IST

The Niti Aayog conducted the study from 2013 to 2016.

Niti Aayog wants Centre, states to use AI for solving social sector...

According to Niti Aayog's estimates AI has the potential to add USD 15.7 trillion to the global GDP by 2030.

15 May 2019 7:48 PM IST

According to CII, strong rural consumption is reflected in sectors such as consumer non-durables, 2-wheelers and tractors.

CII to focus on enhancing industry competency, job creation

Employment generation would focus on education, skills, livelihood, human resource development.

15 May 2019 7:38 PM IST

Exporters need all the help they can get to help close the trade deficit. (Representational image)

Exports grow marginally, imports up 4.5 per cent in April

Oil imports grew by 9.26 per cent to USD 11.38 billion and non-oil imports expanded by 2.78 per cent.

15 May 2019 7:24 PM IST

Grofers works closely with 4,000-5,000 small merchants who help the company fulfill its orders.

Grofers raises USD 200 mn led by SoftBank Vision Fund for market...

This represents the largest primary financing round in the online grocery sector in India, Grofers said in a statement.

15 May 2019 6:14 PM IST

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

Rupee rises for 2nd straight day; settles up 10 paise at 70.34 vs USD

Forex traders said the rupee strengthened after the RBI announced a plan to conduct the open market operation.

15 May 2019 6:02 PM IST

With six different storage class options, Amazon S3 provides the broadest array of cost-optimization options available in the cloud today.

Amazon Web Services launches availability zone in Mumbai

Microsoft and the new entrant Google are also upping their play in the cloud services market, which is led by AWS.

15 May 2019 5:42 PM IST

Indias mammoth rail network is truly a mass transportation system, with railway track cut through some of the most densely populated cities, flanked by shanty towns, in the nation of more than 1.3 billion people. (Photo: AP)

Govt plans to sell 15 pc in RITES via OFS; to fetch about Rs 700 cr

Railways consultancy firm RITES got listed on the bourse in July 2018 after it raised about Rs 466 crore through an IPO.

15 May 2019 5:01 PM IST