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  Business   Companies  07 Aug 2019

Business, Companies, 07 Aug 2019

SAT upholds Rs 2 crore fine on NDTV for disclosure lapses

It also upheld Rs 19 lakh penalty on the company as well as three officials, including promoters Pranoy Roy and Radhika Roy.

07 Aug 2019 7:05 PM

'Cut taxes or rollback cess as auto gloom deepens': Anand Mahindra

As many as 3.50 lakh jobs have reportedly been lost in the auto industry since the start of the fiscal.

07 Aug 2019 6:54 PM

Gangwal's fear Bhatia group could push questionable decisions does no credit to directors: Damodaran

The differences between the two promoters came into the public after Rakesh Gangwal had sought Sebi's intervention.

07 Aug 2019 6:04 PM

Auto industry seeks stimulus package from government

In a meeting with Finance Minister, industry representatives drew attention to challenges faced by the auto industry.

07 Aug 2019 5:09 PM

SBI lowers lending rates by 15 bps from August 10

The new one-year MCLR or the marginal cost based lending rates will come down to 8.25 per cent from 8.40 pc annum.

07 Aug 2019 2:45 PM


China warns India of 'reverse sanctions' if Huawei is blocked: sources

Minister Ravi Shankar Prasad told parliament that six proposals have been received for 5G trials, including from Huawei.

07 Aug 2019 12:34 PM

Pine Labs now enables EMI on credit, debit cards across 85,000 merchants

Pine Labs already powers debit EMI for Axis Bank, ICICI Bank, SBI and HDFC Bank customers.

07 Aug 2019 9:53 AM

No haircuts to any creditors: DHFL's resolution plan

The committee also approved submission of the draft resolution plan to the lenders of the company.

07 Aug 2019 9:05 AM

BP to enter India's fuel retail market with Reliance tie-up

The new venture will take over Reliance’s 1,400-plus retail fuel stations and its aviation fuel business spread across 30 Indian airports.

07 Aug 2019 8:42 AM

Low single digit growth seen for tyre firms

Higher spend towards servicing debt-funded capex will squeeze the margins as well.

07 Aug 2019 2:13 AM