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Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Reliance raises Rs 3,000 crore through debentures

RIL has invested more than USD 30 billion over the past five years.

9 Nov 2018 1:48 PM IST

Cement segment, which is witnessing consolidation - last fiscal, had signed acquisitions of Rs 32,000 crore last fiscal.

India Cements Q2 net profit plunges 94 pc to Rs 1.43 crore

The company had reported a net profit of Rs 23.67 crore in the same quarter of the previous fiscal.

9 Nov 2018 1:25 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

India October inflation likely hit 12-month low, below RBI target:...

The RBI has had success in anchoring inflation expectations over the past five years.

9 Nov 2018 11:46 AM IST

The new version has a delivery period of six to 10 weeks, according to the website, which would customers eligible for the current $7,500 US tax credit if they take delivery by the end of the year. The tax credit for Tesla cars will drop by half on Jan. 1.

Car sales flat in Oct, passenger vehicles up 1.55 per cent

Car sales grew marginally by 0.38 per cent to 1,85,400 units last month as against 1,84,706 units in October last year.

9 Nov 2018 10:51 AM IST

Given the higher NPAs and weak capitalisation of PSBs, ICRA had earlier projected private sector banks market share in the banking sector advances to increase to 38 per cent 40 per cent by 2020 from 27.5 per cent as on March 31, 2017. (Representational image)

Banks showing positive signs but fundamentals still weak: report

Valuations of Indian bank USD bonds remain relatively expensive and do not offer much upside from current levels.

9 Nov 2018 10:48 AM IST

Data analytics major SAS has created a new division to help organisations fight frauds and cyber crimes.

ED flags ponzi scheme in name of Islamic banking

A penalty of Rs 1.86 crore was recovered from the firm after adjudication proceedings were made under FEMA.

9 Nov 2018 10:38 AM IST

Justice (retired) MB Shah, who headed the SIT on black money.

Note ban had impact on black money: Justice Shah

Many economists and experts are not convinced by the arguments for demonetisation, says justice MB shah.

9 Nov 2018 10:10 AM 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.

Sensex down over 100 points on weak global cues

The BSE Sensex was trading 114.08 points, or 0.32 per cent, lower at 35,123.60.

9 Nov 2018 10:01 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee rises 35 paise against US dollar in early trade

Rupee is trading at 72.65 against dollar following US mid-tem election results and easing crude oil prices.

9 Nov 2018 9:53 AM IST

The official said H-1B visas presently were awarded through random lottery with about 80 per cent of H-1B workers being paid less than the median wage in their fields. (Photo: AP)

Trump wants H-1B visas in highly-skilled, not outsourcing jobs:...

President Trump has repeatedly spoken about merit-based reform as part of the immigration platform.

9 Nov 2018 9:49 AM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

India to sell sugar to cut China deficit

The ministry said that India plans to export 2 MT of raw sugar to China beginning from next year.

9 Nov 2018 1:08 AM IST

A loan seeker with a low score may always start off with an NBFC or an HFC as they have a more relaxed approach towards credit scores.

Top 50 NBFCs need Rs 70K cr in November

Banks may be forced to increase lending to NBFCs to prevent defaults.

9 Nov 2018 1:06 AM IST