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Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi exempts govt from making open offer for shareholders of PNB

Sebi, however, directed reduction in non-public shareholding in the lender post capital infusion.

28 March 2019 4:03 PM IST

Bombay Stock Exchange

Sensex rebounds over 400 points, Nifty ends at 11,570

Sensex finally finished at 38,545.72, showing a gain of 412.84 points or 1.08 per cent.

28 March 2019 4:03 PM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold prices gain Rs 35 to Rs 33,095 per 10 gram

Globally, gold was trading at USD 1,310.78 an ounce and silver at USD 15.32 an ounce in New York.

28 March 2019 3:39 PM IST

The model now comes with a petrol engine, is locally produced at Chennai and is BS-VI compliant.

BMW launches 530i M Sport in India, priced at Rs 59.2 lakh

The two-litre four-cylinder petrol engine in the BMW 530i produces an output of 185kW or 252 hp.

28 March 2019 3:36 PM IST

DGTR said the domestic industry has contended that China is providing countervailable subsidies to the producers and exporters of these tyres. (Representational image)

Commerce ministry for imposition of countervailing duty on Chinese...

The move will be aimed at guarding domestic players from imports that are subsidised by China.

28 March 2019 3:28 PM IST

Mr Sikka was something of a poster boy for IT when he joined Infosys after 12 years with the Germany-based global leader in enterprise software SAP.

Infosys to acquire 75 pc stake in ABN AMRO Bank subsidiary for 127.5...

Infosys will acquire 75 per cent shareholding in Stater, while ABN AMRO will continue to hold remaining 25 per cent.

28 March 2019 3:17 PM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

Amid fund crunch, EPFO shelves plan to double minimum pension

Govt has guaranteed a least benefits of Rs 3,000 per month for informal sector workers through PMSYM scheme.

28 March 2019 3:03 PM IST

PFC has raised money from Bank of Baroda, Life Insurance Corporation and State Bank of India, among others, to make the payment.

PFC completes REC acquisition, pays Rs 14,500 cr to government

The transaction has helped the government meet its disinvestment target of Rs 80,000 crore for the current financial...

28 March 2019 2:30 PM IST

In January till date, overseas investors have made a net investment of Rs 11,759.24 crore in equities pushing the benchmark equity indices to their all-time high.

PE, VC investment in India at USD 20.5 billion in 2018: Report

Investments account of start-ups, e-commerce and information technology-enabled services, according to a report by Grant...

28 March 2019 1:59 PM IST

Bandhan Bank MD and CEO Chandra Shekhar Ghosh.

Bandhan Bank to give a big push to affordable housing

Bandhan Bank deposits touched Rs 34,639 crore and loan book at Rs 35,599 crore.

28 March 2019 1:40 PM IST

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

PHDCCI suggests roadmap to achieve USD 700 bn exports by 2025

Suresh Prabhu said the country's goods shipments will touch about Rs 22.7 lakh cr in current financial year.

28 March 2019 1:02 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Govt to infuse Rs 5,042 crore into Bank of Baroda

The capital infusion will be by way of preferential allotment of equity shares of the bank during FY2018-19.

28 March 2019 12:02 PM IST