Home » Business

Business - Page 758

(Budha Chandra)

FPIs sell blue-chips, take away Rs 30,000 crore

FPIs have raised their stake in mid-cap companies during the October-December 2018 quarter.

25 Feb 2019 6:31 AM IST

Singapore Airlines Ltd said it would launch the worlds longest commercial flight in October, a near-19 hour non-stop journey from Singapore to the New York area.

Singapore Air to expand India ops

As per data released from Changi Airport Group, the passenger traffic between Singapore and India was 4.76 million in...

25 Feb 2019 6:31 AM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Stock market to remain volatile this week

According to technical analysts, Nifty 50 is still trading in the sideways band giving no clear signal.

25 Feb 2019 6:31 AM IST

A term plan is typically a pure insurance plan with no investment benefits, surrender value, or maturity benefit.

How to buy a fully loaded term insurance plan

Insurance is one of key components of financial planning.

25 Feb 2019 6:30 AM IST

The objective of imparting financial literacy is to spearhead a revolution to change the investment habits of rural India and the middle classes through easily understandable education modules, pre-tested for their learnability before dissemination. (Representational image)

Investment firms don't usually have cash flows

In a way, these investments are banking more on faith than on cash flows.

25 Feb 2019 6:30 AM IST

The government is working on several areas such as building infrastructure to improve logistics system in the country with a view to promote trade and industrial activities, Union Minister C R Chaudhary said on Friday.

Logistics startup Dot eyes Rs 365 crore revenue in FY20

Logistics industry is growing very fast and is expected to treble to USD 3 billion over the next few years from now.

24 Feb 2019 4:28 PM IST

Among the prominent defaulters are the National Sports Club (Rs 66 crore), Amir Park Amusement (Rs 17 crore), HDIL (Rs 12 crore) and Vidhi Realtors (Rs 12 crore).

MahaRera issues revised tender for new office space

BMC is cracking the whip on defaulters by disconnecting their water supply.

24 Feb 2019 4:21 PM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Wipro shareholders approve bonus issue, increase in authorised share...

The company's authorised share capital stands increased from Rs 1,126.50 crore to Rs 2,526.50 crore.

24 Feb 2019 3:47 PM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Airtel to conduct trial of Nokia's 5G-ready telecom gear

The modernisation of the transport infrastructure is crucial for ensuring the ultra-high speed and extremely low...

24 Feb 2019 3:34 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

Automation has SBI leaving 25 pc retirement vacancies open for tech

State Bank Group has got close to 28 lakh job applications for 8,000 clerical jobs in the last two years.

24 Feb 2019 3:31 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

PNGRB rejects HPCL review petition on ATF pipeline

HPCL may submit a comprehensive representation to the Board and appear for a hearing on April 5

24 Feb 2019 3:20 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finmin expects 3-4 more banks to come out of RBI's PCA framework this...

Bad loans of public sector banks declining by over Rs 23,860 crore in the first half of the current fiscal.

24 Feb 2019 3:16 PM IST