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Reliance Group Chairman, Anil Ambani (Photo: File)Business
Brother Mukesh steps in to spare Anil jail stay

The Supreme Court had last month held Ambani in contempt for not paying Ericsson's dues despite promising to do so.

19 March 2019 2:11 AM IST

Some of the leading banks in India, including IndusInd Bank, are Worldpays clients.Business
$34 billion FIS-WorldPay deal to impact fintech

Current shareholders of FIS will own about 53 per cent of the combined company, while Worldpay investors will hold 47...

19 March 2019 2:11 AM IST

Former Maharashtra Chief Minister Manohar Joshis Kohinoor Education Trust owes nearly Rs 16 crore to Bank of Maharashtra, Rs 38.63 crore to State Bank of India and Rs 13.18 crore to Bank of India.Business
Banks threaten to sell ex-CM Joshi's edu trust properties for default

The lender has asked the borrower and corporate guarantors to repay the amount within 60 days.

18 March 2019 6:19 PM IST

Anil Ambani-led Reliance Group on Wednesday said it has sent a Rs 1,000 crore defamation notice to Mumbai Congress president Sanjay Nirupam for making \false and baseless\ allegations against the company.Business
Reliance Communications pays Rs 458.77 crore to Ericsson: sources

Failure to cough up the dues would have meant that RCom Chairman Anil Ambani would have faced a 3-month jail term.

18 March 2019 6:05 PM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.Business
ED probing if Amazon, Flipkart violated foreign exchange law, HC told

Delhi HC had earlier sought response of the centre, Amazon and Flipkart to plea which has sought a probe into alleged...

18 March 2019 5:20 PM IST

Central Bank of India on Saturday reported a net loss of Rs 576.76 crore for the quarter ended June 30, 2017.Business
Central Bank to raise up to Rs 270 cr by issuing shares to employees

Stock of the bank closed 0.44 per cent down at Rs 33.85 on BSE.

18 March 2019 5:09 PM IST

India is poised to move on a higher growth trajectory provided such politically motivated attempts to discredit India and dent its credibility and progress is appropriately countered, said CAs. (Photo: pixabay)Business
131 CAs debunk allegations of economists over political interference...

131 CAs termed the concerns raised by the 108 economists as

18 March 2019 5:05 PM IST

Infosys is Indias second largest information technology company. (Photo: PTI)Business
IT services sector may register growth upto 9 pc in FY20

Firming oil prices will lead to some discretionary spends by energy firms on digital spends and give IT firms some good...

18 March 2019 4:11 PM IST

Sensex climbed 122 points to finish the day on highBusiness
Sensex, Nifty end higher for 6th straight session

The 30-share benchmark advanced to hit a high of 38,369.59 as buying activity gathered momentum.

18 March 2019 4:01 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.Business
NCLAT gives conditional nod to ArcelorMittal's Rs 42,000 cr plan for...

ArcelorMittal's resolution proposal provides financial creditors Rs 41,987 cr out of their total dues of Rs 49,395 cr.

18 March 2019 3:57 PM IST

Kiran Mazumdar ShawBusiness
Infosys shareholders approve reappointment of Shaw as independent...

In public institution category, 93.57 pc of the votes backed Shaw's reappointment, and about 6.4 pc of the votes were...

18 March 2019 3:54 PM IST

Reliance Group Chairman, Anil Ambani (Photo: File)Business
A day left for Anil Ambani to pay USD 80 mn to avoid jail

The repeated failure to comply and Ambani's personal guarantee landed him in trouble last month,

18 March 2019 3:44 PM IST

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