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More Indian companies are likely to default on their borrowings in the fiscal year that started in April compared with the previous year on higher interest costs and a deterioration in business conditions, according to rating agency ICRA.

Steel, coking coal price trend diverges

Large global coking coal miners are achieving Ebitda ranging from $70-100/MT.

10 April 2019 1:34 AM IST

The months performance has been driven by strong sales of the Jaguar F-PACE, the XE, the Land Rover Discovery Sport.

Range Rover Velar SUV launched

Priced at Rs 72.47 lakh at pan India showroom, the locally produced Range Rover Velar is now over Rs 16 lakh more...

10 April 2019 1:34 AM IST

Sensex climbed 122 points to finish the day on high

All eyes on polls and earnings

The BSE Mid-Cap ended higher by 0.2 per cent, while the Small-Cap closed flat.

10 April 2019 1:33 AM IST

Iron year exports have been coming down for the past three years and in FY19 it has hit a three-year low.

Iron ore exports decline 57 per cent

Indian iron ore export volumes declined significantly by 57 per cent to 6.81 million tonnes in FY19 from 15.65 million...

10 April 2019 1:33 AM IST

Free movement would continue during the transition period.

Brexit-hit firms may find solace in transition period

The transition period would also allow more time for the details of the new relationship to be fully hammered out.

10 April 2019 1:31 AM IST

Liquidity too has remained tight, thereby preventing them from reducing deposit rates.

Banks go thrifty with rate cut again; it's 5 bps from SBI

The revised one-year MCLR stands at 8.50 per cent, down from 8.55 per cent earlier.

10 April 2019 1:31 AM IST

The SLCM Group, which entered the Myanmar market in 2014, has, so far, managed 3.24 million square feet of commodity storage space in 127 industrial zones and has handled 521 commodities with a total volume of 10.14 million tonne.

SLCM gets $3 million loan from IFC

In the past 5 years, we have been able to reduce post-harvest losses to 0.5 per cent in the country.

10 April 2019 1:28 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

DTAA modelled on OECD: Mauritius

India had amended DTAA with Mauritius and Singapore in 2016 levying capital gains tax on investments routed through...

10 April 2019 1:27 AM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.

Resellers make hay during flash sales

Resellers are grabbing around 45% of online sales of smart-phones.

10 April 2019 1:26 AM IST

Significantly, the typical breed of portable 3-blade high speed fans available may have higher RPM, but give out lesser CMM of air with lesser thrust and come with lots of noise.

Orient eyes southern market

The southern states in the country, known for experiencing a hot and humid climate in the summer season, are in need of...

10 April 2019 1:25 AM IST

The move is aimed at not only freeing up capital for banks for further lending but also slash borrowing costs for well-rated NBFCs. (Photo: ANI)

NBFC retail to cross Rs 10 lakh crore

ICRA anticipates that the availability of funds and their cost will continue to be a worry in the first half of FY20 as...

10 April 2019 12:40 AM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)

Power producers dues on discoms spike 20 pc to nearly Rs 41,000 cr in...

According to PRAAPTI portal, discoms owed a total of Rs 33,848 crore to power generation companies in January 2018.

9 April 2019 6:30 PM IST