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Revenue Secretary Hasmukh Adhia. (Photo: File)Business
Govt appoints Hasmukh Adhia as chairman of Bank of Baroda

Bank of Baroda is set to become third largest lender of the country after amalgamation with Vijaya and Dena Bank...

2 March 2019 12:47 PM IST

Indias forex reserves have shot up considerably.Business
Forex reserves up by USD 944 million to USD 399.21 billion

The country's reserve position with the IMF increased by USD 10.8 million to USD 2.993 billion.

2 March 2019 12:38 PM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.Business
EPFO to take action against firms not factoring allowance for EPF...

Employer as well as employee pay 12 pc of basic wages each towards contribution for social security scheme run by EPFO.

2 March 2019 12:35 PM IST

Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee net loss for its fourth quarter.Business
Union Bank reduces lending rates by 10 bps

The bank has set the new six month MCLR at 8.50 per cent and two year at 8.70 per cent.

2 March 2019 12:29 PM IST

Jet Airways Chairman Naresh Goyal.Business
Jet Airways chairman Goyal urges employees to bear with him in...

Jet Airways has been grappling with financial woes and is looking to rejig debt as well as raise funds.

2 March 2019 12:19 PM IST

Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)Business
Amazon plans new grocery-store business: report

The new stores were not intended to compete directly with Whole Foods, according to the report.

2 March 2019 10:45 AM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.Business
Air India to not accept passengers with cancelled tickets of Jet...

Jet is trying to raise funds for its operations as it has a debt of around Rs 8,200 crore currently.

2 March 2019 10:35 AM IST

The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.Business
MoTown cheers package for e-vehicles

Only two electric cars (e-Verito and E20) are on sale at present and both are from utility vehicle specialist Mahindra &...

2 March 2019 2:16 AM IST

The brand has been endorsed by celebrities like Bollywood actor Ayushmann Khurrana, model and actor Milind Soman, Tollywood actress Ritabhari Chakraborty, among others.Business
Kompanero rolls out trolley range

Various products from the Kompanero stable are available in more than 350 stores in Australia.

2 March 2019 2:16 AM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.Business
Metals exports witnesses sharp drop

Exports of primary steel fell by 10.7 per cent in January 2019 and 14 per cent in the first ten months of the current...

2 March 2019 2:16 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)Business
Volatility seen inching higher

The broad market witnessed strong buying with the Mid-Cap and Small-Cap rising 1.29 per cent and 2.13 per cent...

2 March 2019 2:16 AM IST

After they established themselves in the markets, several new players have entered the space in the past two to three years.Business
New entrants struggle in online grocery space

The $1 billion hyperlocal online grocery space is heavily dominated by BigBasket and Grofers with a 71 per cent market...

2 March 2019 2:16 AM IST

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