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Rating agency Icra on Tuesday revised the outlook on NBFCs retail credit growth upwards to about 17-19 per cent for FY18.

Govt issues guidelines for Rs 1-lakh cr partial guarantee scheme for...

NBFCs, including HFCs, came under stress following series of defaults by group companies of IL&FS in September last...

14 Aug 2019 8:56 AM IST

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Amazon closer to buying stake in Future Retail

As per reports, Future is seeking a valuation of $20 billion for the stake sale. Amazon will also have the option to...

14 Aug 2019 1:30 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

RIL jumps 10 per cent on mega asset sale, debt cut plan

Brokerages raised RIL's target price after factoring in the impacts of Monday's announcements.

14 Aug 2019 1:30 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

RIL soars 10 pc, m-cap surges by Rs 71,638 cr after a slew of...

The oil-to-telecom giant saw its scrip jump 9.72 per cent to close at Rs 1,275 on the BSE.

13 Aug 2019 8:35 PM IST

A few decades ago, the insurers followed the most basic and traditional way to incorporate processes into their domain. (Photo: Pixabay)

Govt-constituted panel suggests making CSR non-compliance civil...

Companies having CSR prescribed amount below Rs 50 lakh can be exempted from the need of constituting a CSR committee,...

13 Aug 2019 8:24 PM IST

The credit cost for the banking sector, which was 4.8 per cent in Q4FY18, has reduced to 2.75 per cent to 3 per cent in Q4FY19, going by the bank results declared so far.

Banks report reduction in NPA; seek steps to address stress in NBFCs:...

Participating banks suggested that government should simplify GST framework and lower GST rates to enhance tax...

13 Aug 2019 6:35 PM IST

Amazon declined to put a price tag on the program, called Amazon Future Engineer, but said it will take up a big chunk of the USD 50 million that it committed to spend on computer science education last year.(AP Photo/Richard Vogel, File)

Amazon in advanced talks to buy 8-10 per cent stake in Future Retail

The deal with the Future Retail is expected to close in the next few weeks, sources close to the development said.

13 Aug 2019 5:18 PM IST

At present diesel cars at Maruti, which sells one car out of two bought in the country, account for almost a third of its sales.

Auto sales in India sees sharpest fall 19 yrs in July; 15,000 workers...

Domestic PV sales also saw the biggest fall in nearly 19 years, slumping by 30.98 pc to 2,00,790 units.

13 Aug 2019 3:15 PM IST

Mahendra Singh Dhoni

Former Indian cricket captain MS Dhoni invests in CARS24

CARS24 is among the largest platforms for buying and selling cars in the country.

13 Aug 2019 2:48 PM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

RIL shares zoom to decade high after company announces plan to turn...

The scrip opened the day on a bullish note and jumped 12.09 per cent to Rs 1,302.50 on the BSE.

13 Aug 2019 12:57 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio's First Day First Show scare, multiplex players express confidence...

Jio First Day First Show - customers would be able to watch movies in their living rooms on the release day itself.

13 Aug 2019 12:42 PM IST

2020 will be the year of boom for the real estate market in India and (the trend) it is likely to stay for the next three to four years.

Allianz to invest USD 150 mn in office development platform managed by...

The platform, Godrej BTC (GBTC I), targets the development of premium Grade-A offices in tier one cities in India.

13 Aug 2019 12:22 PM IST