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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 directs Yes Bank to appoint successor to Rana Kapoor by February 1

Reserve Bank has refused to give an extension to Yes Bank MD and CEO Rana Kapoor.

17 Oct 2018 5:12 PM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.Business
Sensex succumbs to profit-booking, tanks 383 points

The flagship index swung nearly 880 points both ways on alternate bouts of buying and selling during the session.

17 Oct 2018 4:11 PM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.Business
IIFT completes summer placements; average stipend at Rs 1.48 lakh

Summer placement this year has witnessed participation from a large number of companies.

17 Oct 2018 2:46 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)Business
Gold slips further, down Rs 150 as demand softens

Gold is trading at Rs 32,030 per 10 grams registering a dip for the second consecutive day.

17 Oct 2018 2:16 PM IST

Hasmukh Shah will be in CBI custody till March 26.Business
Absconding industrialist Vinay Mittal extradited from Bali

A case was registered against Mittal in 2014 and 2016 on the request of Corporation Bank and the Punjab National Bank.

17 Oct 2018 1:14 PM 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.Business
Satyam scam: Sebi passes modified order with respect to 3 individuals

The details about the appeals before the Supreme Court were not mentioned in the order.

17 Oct 2018 12:33 PM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.Business
Sensex jumps 267 points tracking global cues, strong earnings

The broader NSE Nifty was quoting well above the key 10,600-mark.

17 Oct 2018 10:08 AM IST

Adani InfrastructureBusiness
Adani, Total sign pact to develop LNG terminal, retail network

The partnership has set a target of developing various regasification terminals, including Dhamra LNG.

17 Oct 2018 9:49 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)Business
Rupee gains 6 paise against US dollar in early trade

Rupee is trading at 73.42 against dollar on increased selling of American currency by exporters and banks.

17 Oct 2018 9:30 AM IST

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.Business
Tata Steel to match JSW bid for Bhushan Power

Tata Steel did not revise its bid in August and sought directions from the Supreme Court to quash re-bid for BPSL.

17 Oct 2018 9:21 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.Business
RBI guidelines on mobile wallet payments out

Currently, a mobile wallet does not allow customers to send or receive money from a wallet run by another company.

17 Oct 2018 8:49 AM IST

The argument put forward by the leaders of the BJP and others was that India did not depend on exports for its economic growth, and that the huge domestic market and the consumption it entailed was good enough to keep the economy in shape and the global developments were marginal. (Representational image)Business
India ranked 58th most competitive economy in WEF index

India's rank rose by five places from 2017, the largest gain among G20 economies.

17 Oct 2018 8:40 AM IST

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