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The company remains confident to be able to monetise some of these assets over the next two quarters and bring down the debt significantly, Reliance Capital said in a filing to stock exchanges. (Photo: Twitter)Business
Brickwork Ratings lowers rating of Reliance Capital

The rating continues to factor RCap's experienced management in the financial services segment.

16 Feb 2019 6:14 PM IST

Tech MahindraBusiness
Tech Mahindra board to meet on Feb 21 to consider share buyback

However, the company did not disclose any other details of the proposal.

16 Feb 2019 5:57 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.Business
Wipro gets relaxation from Sebi for buyback programme

Wipro in November 2018 had filed an application with the Sebi to seek exemption from the strict enforcement of the...

16 Feb 2019 5:41 PM IST

The Metro store is the first thematic store keeping alive the nostalgia of cinema associated with the theatre that was opened by the Metro-Goldwyn-Mayer studios in 1935. (Photo: twitter)Business
Central to cross Rs 3000cr topline in FY'19

Central, possibly the only fashion retail chain yet to log on to the e-commerce bandwagon, said it will remain offline.

16 Feb 2019 5:17 PM IST

For the year 2017-18, the company recorded a turnover of Rs 3,123 crore. (Photo: Twitter)Business
Jaquar Group eyes Rs 3,900 crore revenue in 2018-19

As part of its expansion plans in the country, the firm inaugurated an exclusive brand showroom at Madhavaram.

16 Feb 2019 4:39 PM IST

AirAsia India, however, said in a statement that the passenger verbally abused a senior cabin crew after she was asked to switch off her mobile phone. (Photo: PTI/Representational)Business
AirAsia India offers 20 per cent discount on fares across flights

The seven day offer commences from February 18 for travel between February 25 and July 31, AirAsia India said in a...

16 Feb 2019 4:26 PM IST

Interestingly, the CBDT chiefs move to make officers comply by seeking a compliance report every three months gives room for hope for justice for the taxpayer.Business
P C Mody takes charge as new CBDT chief

Mody belongs to the Indian Revenue Service (batch 1981) and takes over from Chandra, who has been appointed as an...

16 Feb 2019 3:25 PM IST

Pakistan-based Jaish-e-Mohammad (JeM) has claimed responsibility for the attack in Jammu and Kashmirs Pulwama district on Thursday that left over 40 personnel dead and many critically wounded. (Photo: PTI)Business
Rajasthan govt revises ex-gratia to families of CRPF jawans killed in...

The government has also announced jobs to family members of the slain jawans.

16 Feb 2019 2:55 PM IST

The complaint alleges that in 2014, a senior Tamil Nadu official demanded a USD 2 million bribe from the construction firm responsible for building Cognizants 2.7 million square foot campus in Chennai. (Photo: Twitter))Business
Cognizant to pay USD 25 mn to settle India bribery charges

Cognizant has agreed to pay USD 25 million to settle charges that it violated the Foreign Corrupt Practices Act (FCPA).

16 Feb 2019 2:40 PM IST

Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.Business
RBI threatens action against Yes Bank for disclosing nil divergence...

Yes Bank had said the RBI has not found any divergence in the asset classification, provisioning done by the lender...

16 Feb 2019 2:10 PM IST

Penalty amount that can be imposed by ICAI on individual auditors should be increased to a maximum of Rs 1 crore.Business
ICAI withdraws announcement on auditor rotation after govt directive

The move came after a letter from the ministry on Friday asked the ICAI to withdraw the announcement.

16 Feb 2019 2:03 PM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.Business
Banking weakness may hit Nifty hard

The benchmark indices, the Sensex and the Nifty ended with moderate losses.

16 Feb 2019 1:56 AM IST

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