Home » Business

Business - Page 765

During the hearing of the petitions, the TRAI had submitted that the rate cut would ultimately benefit the internet users.

DoT commission seeks impact of SC, CCI order in Rs 3,050 cr penalty on...

The commission deferred a decision on the penalty till its next meeting.

22 Feb 2019 10:46 AM IST

The income was higher by 57.5 per cent to Rs 53.4 crore in 2017-18 from Rs 33.9 crore in the previous financial year, the document sourced by business intellegence platform Tofler showed. (Photo: Twitter)

Grofers narrowed losses to Rs 258.3 crore in FY18

The company had posted a net loss of Rs 268.3 crore for the year ended March 2017.

22 Feb 2019 10:42 AM IST

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Total gross loan of microfinance industry grows 6 pc to Rs 65,090 cr...

Combined microcredit portfolio of all lenders as on December 31, 2018, was Rs 1,57,497 crore.

22 Feb 2019 10:38 AM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

BSE stock options: Sebi fines 2 firms Rs 13 lakh for fraudulent trade

The two entities are Bhiragacha Finance Company and Blue Bird Mercantiles Pvt Ltd.

22 Feb 2019 10:36 AM IST

President Ramnath Kovind receives a gift from Bhutans prince Jigme Namgyel and Bhutans King Jigme Khesar Namgyel Wangchuck as Queen Jetsun Pema and Indian First Lady Savita Kovind ) look on at Rashtrapati Bhavan in New Delhi. (Photo: AFP)

Prez promulgates Unregulated Deposit Scheme Ordinance

The Ordinance will help put a check on illicit deposit taking activities like Saradha scam and Rose Valley chit fund...

22 Feb 2019 10:34 AM IST

Prime Minister Modi was in Maharashtra to launch various development projects. (Photo:ANI)

Govt re-promulgates ordinance for companies law amendments

On Tuesday, the Cabinet cleared the proposal to promulgate the Companies (Second Amendment) Ordinance, 2019.

22 Feb 2019 10:32 AM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

Jindal Steel, IIT-Roorkee ink pact to impart to students knowledge on...

The move is part of a pact signed on Thursday between Jindal Stainless and IIT-Roorkee to create awareness about...

22 Feb 2019 10:30 AM IST

The investment in Pittsburg-based Argo AI, founded by former executives on self-driving teams at Google and Uber, will make Ford the companys largest shareholder.

Ford probing possible problems with fuel economy, emissions tests

The investigation has started with testing of the 2019 Ranger pickup truck, and the company expects data back next week.

22 Feb 2019 10:26 AM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi fines Rs 6 lakh on Taneja Aerospace, 2 others for disclosure...

The two officials are Salil Taneja and B R Taneja who were the company's chairman and non-executive director.

22 Feb 2019 10:25 AM IST

Minister of commerce & industry and civil aviation Suresh Prabhu interacts with mediapersons at state BJP office in Kolkata. (Photo: PTI)

We should all work concertedly towards early conclusion of talks:...

The Regional Comprehensive Economic Partnership (RCEP) is a mega trade agreement being negotiated by 10 ASEAN countries.

22 Feb 2019 10:24 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.

Shaktikanta Das asks bankers why they aren't cutting lending rates

The meeting focused only on effective transmission of monetary policy, another banker who attended the meeting said.

22 Feb 2019 10:21 AM IST

US crude inventories likely saw a build for the second straight week, rising 200,000 barrels in the week ended March 30.

Oil prices fall as US crude output hits record 12 million bpd

WTI crude oil futures were at USD 56.84 per barrel, down 12 cents, or 0.2 per cent

22 Feb 2019 10:14 AM IST