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Former promoters of Fortis Healthcare Ltd, Malvinder Singh and Shivinder Singh, are the persons responsible for the financial absurdity of the company. (Photo: ANI)

SEBI asks Fortis Healthcare to recover USD 55 mn from founders, 8...

SEBI will carry out a detailed investigation to protect the interests of Fortis Healthcare shareholders.

18 Oct 2018 11:16 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB fraud: ED attaches over Rs 218 crore assets of Choksi, others

The total value of attachments in this case with this latest order stand at Rs 4,488 crore now.

18 Oct 2018 10:14 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Composition scheme biz need not file purchase details under GST

Over 18 lakh businesses opted for composition scheme under the new indirect tax regime.

18 Oct 2018 9:57 AM IST

Indias current account deficit widened in the four quarters through June 2018 to 1.9 per cent of the GDP.

US says it could remove India from currency monitoring list

Foreign currency reserves stood at USD 380 billion, equal to 3.7 times gross short-term external debt.

18 Oct 2018 9:09 AM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

I-T Dept suspects massive tax evasion via derivative trading

The I-T department had last year detected bogus capital gain of about Rs 80,000 crore.

18 Oct 2018 8:50 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 slumps on liquidity woes

The Sensex slumped 382.90 points or 1.09 per cent to end at 34,779.58.

18 Oct 2018 1:11 AM IST

Rupee has depreciated around 13% in the calend er year accompanied by rising crude oil prices.

Rupee fall to hit exports: Study

In the import intensive industries, the ratio of upgrades to downgrades stood at 0.95 times.

18 Oct 2018 1:11 AM IST

The agency also said that these firms have limited ability to incur fresh debt at their current rating levels.

Buybacks to hit IT firms' future

Moody's, however, said that the global IT services industry is set to grow strongly over the next 18-24 months.

18 Oct 2018 1:11 AM IST

Reliance Industries limited

RIL to buy majority stakes in Den Networks, Hathway Cable for Rs 5,230...

Also, it will make a primary investment of Rs 2,940 crore through a preferential issue for a 51.3 per cent stake in...

17 Oct 2018 7:32 PM IST

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

Reliance Industries Limited posts record Rs 9,516 crore profit in Q2

RIL's revenue rose 54.5 per cent to Rs 1,56,291 crore during the said quarter.

17 Oct 2018 7:22 PM IST

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

Rupee skids 13 paise to 73.61 against US dollar

The rupee surrendered all the gains made during the day.

17 Oct 2018 7:16 PM IST

Janata Dal Secular leader H D Kumaraswamy. (Photo: ANI | Twitter)

Karnataka CM writes to Goyal on coal shortage in thermal plants

He said the Raichur Thermal Power Station with 1,720 MW capacity has zerocoal stock now.

17 Oct 2018 6:55 PM IST