Top
Home ยป Business

Business - Page 616

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.Business
RBI first APAC central bank to begin interest rate easing cycle: Fitch

Fitch has a 'BBB-', the lowest investment grade, rating on India, with a stable outlook.

24 April 2019 3:23 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI reserves panel likely to submit report by June end: Official

The panel has sought an extension over the stipulated 90 days period to finalise the report.

24 April 2019 3:19 PM IST

Spanning across an average size of 300 square feet, Mi Stores reflect the design of Xiaomis Mi Home stores.Business
Xiaomi eyes 10,000 retail stores in India, 50 pc biz from offline...

Xiaomi had started its India journey as an online-only brand in 2014.

24 April 2019 2:43 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI announces Rs 25,000 cr liquidity injection in May as liquidity...

The purchase, called as open market operations (OMOs), will be undertaken in two equal tranches with the first one on...

24 April 2019 2:26 PM IST

MTNL, in a bold move, has approached the government seeking allotment of 4G spectrum.Business
VRS package may save Rs 1,080 cr in annual salary tab: MTNL chief

The telco expects about 9,500 employees to opt for the scheme as and when it comes up, according to its chairman.

24 April 2019 2:18 PM IST

The source confirmed a report by a Washington Post columnist that the administration will terminate the sanctions waivers it had granted to some importers of Iranian oil late last year. (Representational Image)Business
Rising crude prices to adversely impact CAD, rupee, inflation: Report

A 10 pc spike in crude prices can result in a 0.40 pc widening of the CAD and also push up inflation by 0.24 pc.

24 April 2019 2:15 PM IST

During January to March quarter this year, the net profit increased marginally to Rs 53.26 crore from Rs 53.16 crore in the last quarter of the previous year. (Photo: ANI)Business
Tata Global Beverages reports decline in profit to Rs 411 crore in FY...

The revenue, however, moved up to Rs 3,430 crore in 2018-19 as against Rs 3,217 crore in FY 18.

24 April 2019 1:54 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)Business
Huawei, Infosys sign partnership pact for cloud computing business

As part of the agreement, Infosys will join the Huawei Cloud Partner Network and two companies will develop new cloud...

24 April 2019 1:04 PM IST

Indiabulls Real Estate posted a 95 per cent decline in its consolidated net profit at Rs 108.56 crore for the fourth quarter of the last fiscal as against Rs 2,181.13 crore in the year-ago period, according to a regulatory filing.Business
Indiabulls Real Estate to sell London asset to promoters for GBP 200...

The company's debt would be reduced to Rs 3,000 crore after this proposed deal with concludes.

24 April 2019 12:17 PM IST

On March 18, Hotel Leelaventure Ltd had announced sale of its four hotels located in Bengaluru, Chennai, Delhi and Udaipur.Business
Sebi bars Hotel Leelaventure from selling properties to Brookfield...

ITC has also moved the NCLT against Leelaventure alleging 'oppression and mismanagement', and minority shareholder LIC.

24 April 2019 11:34 AM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.Business
Adding to Ghosn woes, Nissan set to further slash profit outlook:...

The automaker is scheduled to announce its full-year earnings results on May 14.

24 April 2019 11:18 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)Business
Rupee slips 23 paise against US dollar on fund outflows

Rupee is trading at 69.85 against dollar due to higher demand for the greenback from importers.

24 April 2019 10:11 AM IST

X