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With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee slips 12 paise against US dollar in early trade

A higher opening in domestic equities and sustained foreign fun inflows helped in restricting the slide in Indian unit.

27 March 2019 10:04 AM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

Top 11 PNB officials summoned for violation of banking regulation

The RBI has further alleged that the accused willfully and deliberately made false statements in the compliance report.

27 March 2019 10:01 AM IST

Nissan and Renault chairman Carlos Ghosn. (Photo: AP)

Nissan panel to propose bigger role for external directors in Ghosn...

The independent panel will announce the results of its three-month audit of Nissan's governance-related procedures.

27 March 2019 9:27 AM IST

The MyBox solution enables cable and DTH operators to bring Alexa to compatible, pre-existing set-top boxes. Paired with MyBoxs hub and microphone-equipped remote control, customers will have access to Alexa and the ability to control smart home devices, play music, shop for household goods, and more hands-free.

TV viewers may soon be able to switch service providers without...

Since last two years we have been trying to make STBs interoperable, says Sharma.

27 March 2019 9:20 AM IST

Nirav Modi case: Ex-PNB chief Usha Ananthasubramanian approaches NCLAT

The appellate tribunal had directed to list the matter on April 29 for next hearing.

27 March 2019 9:14 AM IST

Raghuram Rajan has written about his experiences in India as RBI governor in his recently launched book I do what I do. (Photo: PTI)

Farm loan waivers kill credit culture, says Raghuram Rajan

Raghuram Rajan said loan waivers cover only those farmers who have taken loans from the formal system.

27 March 2019 9:11 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI buys USD 5 billion through forex swap auction

The RBI said it received USD 16.31 billion in bids for the auction for which the cut-off was set at 776 paise.

27 March 2019 9:05 AM IST

Previous studies have found that men with strong handshakes are less likely to have erectile dysfunction (Photo: Pixabay)

HCC to sell litigation claims for Rs 1,750 cr

HCC will set up a special purpose vehicle to carry out the transaction.

27 March 2019 1:41 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Jet Air buyer will have to bring in Rs 4,500 crore

Lenders have decided to invite EoI by April 9 and binding bids by April 30.

27 March 2019 1:41 AM IST

Larsen and Toubro (L&T) on Thursday said its subsidiary L&T Construction has bagged orders worth Rs 2,440 crore in the domestic market.

Mindtree spikes buyback plan

Mindtree said it has decided to constitute a Committee of Independent Directors to evaluate the L&T offer.

27 March 2019 1:41 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI's $5 bn forex swap auction proves a hit

Earlier this month, the RBI had announced that it would buy dollars from banks for three years and offer them rupees in...

27 March 2019 1:41 AM IST

Among the 11,000 brands studied by TRA Research on their buying propensity, almost 95 per cent brands registered net fall in consumers keenness to buy.

Brands losing buying focus

Only five per cent or 541 brands have increased their buying propensity over last year.

27 March 2019 1:38 AM IST