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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)

Business

BBB identifies 75 senior officers for leadership roles in PSBs

It has made a case for giving a complete autonomy to banks to decide organisational structure for better efficiency.

19 April 2019 6:25 PM IST

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months.

Business

Reliance to start gas production from R-Cluster in 2nd half of FY21

Reliance and its partner BP Plc had in 2017 announced an investment of Rs 40,000 crore in three sets of discoveries.

19 April 2019 6:16 PM IST

Homebuyers have been protesting after NCLT admitted IDBI Banks insolvency plea against Jaypee Infratech. Photo: Representational/PTI

Business

Jaypee flat possession delay: Buyers demand suspension of EMIs

Around 22,000 homebuyers are stuck due to significant delay in delivery of flats by debt-ridden firm Jaypee Infratech.

19 April 2019 5:38 PM IST

The value-eroding negative bond yield environment as well as the spate of political worries has underpinned the flight to gold in the recent past.

Business

Gold imports dip 3 pc to USD 32.8 bn in 2018-19

Trade experts said softening prices of the yellow metal in the global markets could be reason of the decrease.

19 April 2019 5:21 PM IST

$\Religare Enterprises has suffered over the years on account of unbridled mismanagement and misappropriation of funds orchestrated under the erstwhile promoters (Malvinder Mohan Singh and Shivinder Mohan Singh) and Sunil Godhwani,\ the company statement said.$ Business

New management committed to ensure good governance, says Religare...

The company has the full support of its shareholders to bring to justice erstwhile promoters and management, company...

19 April 2019 5:08 PM IST

$Jet Airways has said that the flights were cancelled over an \unforeseen operational circumstance\ and not because of the protest by pilots. (Photo: Twitter | @jetairways)$ Business