Home » Business

Business - Page 681

The real estate sector has been limping from the past one year due to major reforms in the market brought by the centre.

Hyderabad realty sees sudden jump in PE play

The growth was largely led by commercial space where Phoenix group received PE money through multiple deals.

28 March 2019 1:10 AM IST

After Plunging 332 points in the intra-day trade, the Sensex staged a marginal recovery on short covering to end the session at 31,702.25, down 189.98 points or 0.60%.

Nifty may hold on to March gains

The broader markets outperformed the benchmark as BSE Mid-Cap and Small-Cap both registered gains of over half per cent.

28 March 2019 1:04 AM IST

According to the Rs 3,965.06-cr resolution plan by Sanghi, Rs 50 cr would be paid upfront, followed by Rs 75 cr over the next 12 months and the remaining in staggered payments over the next in 15 years.

Jyoti Structures goes to Sharad Sanghi

Sanghi's resolution plan was voted by 62.66 per cent of lenders, while 23.12 per cent voted against, and 14.21 per cent...

28 March 2019 12:55 AM IST

Hyundai Motors, Indias second biggest car maker by sales, has announced the name for its first-ever compact SUV called Hyundai Venue.

Name is Venue, says Hyundai

Venue is likely to be powered by a 100HP, 1.4-litre petrol & a 90HP, 1.4-litre diesel engine.

28 March 2019 12:17 AM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Moody's retains stable outlook for Power Finance Corp, Rural...

The ratings agency Moody's has confirmed the Baa3 issuer ratings of PFC and REC.

27 March 2019 7:48 PM IST

Changes in APEDA Act, Essential Commodities Act required to help...

Changes required to help farmers get better prices of their produce, said Niti Aayog CEO Amitabh Kant.

27 March 2019 7:29 PM IST

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

City gas distribution rights to help oil marketing firms diversify:...

IOC and HPCL won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two...

27 March 2019 7:08 PM IST

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

Maharashtra says has no dues towards private power producers

MSEDCL says dues reflecting on a government portal are

27 March 2019 6:57 PM IST

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

Rupee settles marginally lower at 68.88 vs US dollar

Sustained foreign fund inflows and easing crude oil prices cushioned the Rupee fall.

27 March 2019 6:37 PM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

Commerce min calls meeting of stakeholders on increasing exports to...

Trade deficit with China increased to USD 63.12 billion in 2017-18 from USD 51.11 billion in 2016-17.

27 March 2019 6:30 PM IST

The RBI has initiated a prompt corrective action against state-owned Oriental Bank of Commerce (OBC) for high bad loans. Photo: PTI

Oriental Bank allots 13.89 cr shares to govt following capital...

The move follows capital infusion of Rs 1,186 crore by the government into the bank.

27 March 2019 5:13 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold prices fall for second day, down Rs 110

Bullion traders said muted demand in the domestic market led to the fall in prices of the yellow metal.

27 March 2019 4:42 PM IST