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Company amid crisis in the IL&FS group for alleged defaults in loan payment and corporate governance issues.

India to take action to avoid 'market freeze'

FinMin's top advisor says NBFC contagion will not spread.

27 Sept 2018 12:30 AM IST

The countrys largest two-wheeler maker Hero MotoCorp has crossed the 75 lakh units sales mark in 2017-18 fiscal, becoming the first ever entity to achieve such a feat globally, a company official said.

Hero MotoCorp to hike prices of entire range from October 3

The revision has been necessitated by the increasing commodity costs and currency depreciation.

26 Sept 2018 6:25 PM IST

UIDAI said it would add face recognition software as an additional layer of security from July.

Aadhaar neither creates surveillance state nor violates privacy: UIDAI

"Aadhaar Act has withstood the judicial scrutiny and the purpose of the Act is legitimate," it said.

26 Sept 2018 6:17 PM IST

State Bank of India

SBI board gives nod to stake divestment in insurance arm

Its board approved a plan to divest 4 per cent stake in its general insurance arm to funds managed by Axis Bank Ltd and...

26 Sept 2018 5:50 PM 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.

Govt has not told refiners to halt Iranian oil imports: source

India has close diplomatic ties with Iran and is also building the strategic Chabahar port in the Middle Eastern...

26 Sept 2018 5:45 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.

Govt to take appropriate action to avoid 'market freeze': govt advisor

The finance ministry, RBI and SEBI are closely following the credit markets.

26 Sept 2018 5:38 PM IST

PAC says tracking of pregnant women should be made mandatory.

Maternity leave hike affected women jobs but remedy is there: Labour...

There are provisions in the Act like now women can work from home during the leave period.

26 Sept 2018 5:24 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

RCom's leftover businesses draw interest from two buyers

Ambani had announced that RCom will be completely exiting the telecom business to concentrate on real estate in future.

26 Sept 2018 4:48 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB to seek Rs 5,431 crore capital infusion from govt

The government in July decided to infuse Rs 11,336 crore in five state-owned lenders including PNB.

26 Sept 2018 4:39 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt working to restructure Air India's finances, says Garg

The debt burden of the national carrier is estimated to be more than Rs 50,000 crore.

26 Sept 2018 4:28 PM IST

I am asking these questions as his misadventure is impairing national interest and I hope Rahul Gandhi and the Congress party would respond immediately, Finance Minister Arun Jaitley wrote on Facebook. (Photo: ANI)

SC judgement on Aadhaar historic; scheme helps govt save Rs 90,000 cr...

The Supreme Court judgement kept the provision of Aadhaar mandatory for filing of IT returns.

26 Sept 2018 4:11 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.

Sensex, Nifty end lower, all eyes on US Fed policy

The Sensex touched a high of 36,938.74 at the outset after domestic investors pressed on with buying.

26 Sept 2018 4:07 PM IST