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The Finance Ministry may come out with a Rs 10,000-crore follow-on fund offer of the Bharat-22 exchange traded fund (ETF) as it looks to dilute stake in Coal India to meet the minimum public holding norm.

Bharat-22 ETF additional sale on Feb 14, govt to raise at least Rs...

The government has so far raised Rs 22,900 crore through the Bharat-22 ETF.

12 Feb 2019 12:33 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Inflow to equity funds slump 60 per cent to Rs 6,158 cr in Jan

Overall, mutual fund industry witnessed a net inflow of Rs 65,439 cr in Jan as against an inflow of Rs 1.06 lakh cr.

12 Feb 2019 12:29 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

NCLAT extends deadline to decide on Essar Steel insolvency case

NCLT Ahmedabad to decide over the Rs 42,000 cr resolution plan submitted by ArcelorMittal for Essar Steel.

12 Feb 2019 12:25 PM IST

HAL posted a profit of Rs 1,998 crore in 2015-16, Rs 2,616 crore in 2016-17, Rs 2,070 in 2017-18 and Rs 650 crore until September 2018. (Photo: Twitter)

HAL posted profit of Rs 7,334 crore from 2015-16 to Sept 2018

The government has made significant investments to boost capacity of the HAL in the last three years: Bhamre.

12 Feb 2019 11:55 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 introduces framework for utilisation of security deposits with...

At present, on the same goods, security deposits are required to be maintained with both WDRA, cleaning corporation.

12 Feb 2019 11:51 AM IST

Total income, however, rose to Rs 5,322.33 crore for the third quarter of 2018-19 as against Rs 5,093.43 crore in same period last year: Andhra Bank.

Andhra Bank's net loss widens to Rs 579 cr in Q3 as bad loans spurt

Andhra Bank had posted a net loss of Rs 532.02 crore in the October-December quarter previous fiscal.

12 Feb 2019 11:47 AM IST

Total income of the lender came down to Rs 4,112.32 crore in the latest quarter as against Rs 4,841.37 crore in the same period of 2017-18. (Photo: Twitter)

Corporation Bank swings into the black with Rs 60.53 cr profit in Q3

Corporation bank had posted a net loss of Rs 1,240.49 crore in October-December 2017-18.

12 Feb 2019 11:35 AM IST

Representational image of an Indigo aircraft.

IndiGo offers flight tickets from Rs 899 in new sale

IndiGo's offer on flight tickets is valid till 13 February 2019.

12 Feb 2019 11:00 AM IST

The Competition Commission of India (CCI) in 2016 ordered an investigation into whether Monsanto had abused its dominant position as a supplier of genetically modified (GM) cotton seeds. (Photo: AFP/ File)

Monsanto wins arbitration ruling over royalties from Indian seed...

India's farm ministry has twice slashed royalties that local seed companies pay to Monsanto.

12 Feb 2019 10:29 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil prices rise on OPEC output cuts, as US sanctions bite

International Brent crude futures were up 50 cents, or 0.8 per cent, at USD 62.01 per barrel.

12 Feb 2019 10:24 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex, Nifty turn cautious ahead of IIP, inflation data releases

The 30-share Sensex was trading 3.66 points, or 0.01 per cent, lower at 36,391.37 in early trade.

12 Feb 2019 10:11 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee gains 6 paise against dollar in opening trade

A positive opening in the domestic equity market gave the uptrend some momentum.

12 Feb 2019 10:08 AM IST